O'Reilly Electrical Services
O’Reilly Electrical Service is a Central Coast based commercial and residential electrical business.
Joel O’Reilly, Founder of O’Reilly Electrical Services, recently took the plunge and started his own business. Computer savvy Joel created his own Xero file, linked in his bank accounts and set up Stripe but wasn’t sure what to do with the information from there. He was generating invoices in the file and marking them as paid, but couldn’t figure out why there were reconciliation errors. He wanted to understand whether he was profitable on a job but wasn’t sure how to check this information easily. Being a tradie on the go, he had plenty of receipts stashed in the glovebox of his car but wasn’t sure what to do with them and whether to keep them.
How did Cole Consulting Group help this start-up:
- Corrected bank feed set up and input missing transactional data
- Completed the integration of Stripe to allow for seamless reconciliation of transactions
- Branding and tailoring of invoice templates sent to clients
- Automation of client Overdue reminders to improve cashflow
- Integrated a receipt management platform with Xero which became Joel’s online filing cabinet for those pesky receipts
- Conducted a one on one training session with Joel, tailored to showcase the features of Xero that was required to run his business
- Engaged our bookkeeping services to provide quarterly reviews of Joel’s processing in his Xero file
- Engaged our CFO services to provide accurate financial reports quarterly to gauge business health and support decision making