Case Study: IMEG saves 8 hours a month with FinQuery’s automated accrual and prepaid accounting

IMEG saves 8 hours a month automating accruals and prepaids with FinQuery

IMEG Corp., a leading engineering consulting firm, faced challenges scaling its accrual and prepaid accounting processes due to rapid growth through acquisitions. Managing over 150 prepaid contracts manually with spreadsheets was time-consuming, taking up to eight hours a month, and prone to rounding errors that caused inaccuracies and audit concerns.

FinQuery implemented its automated Accrual & Prepaid Accounting solution, which centralized data and automated journal entries for ERP upload. This provided IMEG with a single source of truth and eliminated manual spreadsheet work. The results were immediate, saving the team eight hours each month, ensuring pinpoint accuracy by eliminating rounding errors, and streamlining the audit process for a strong return on investment.

IMEG