Case Study: Equilibrium Consultants streamlines creative accounting with Synder

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Preview of the Equilibrium Consultants Case Study

Equilibrium Consultants cuts bookkeeping from 3 hours to 15 minutes with Synder

Equilibrium Consultants, an accounting firm specializing in creative professionals, faced the challenge of managing complex, multi-stream finances for clients who found bookkeeping overwhelming. Manually reconciling transactions from various platforms like Stripe and WooCommerce was highly inefficient and time-consuming for the firm. They turned to the vendor Synder and its Sync and RevRec services for a solution.

By implementing Synder's automation, Equilibrium Consultants streamlined its workflows. The solution automatically synced transactions into QuickBooks Online and handled GAAP-compliant revenue recognition for subscriptions. This saved significant time, with one client's reconciliation task reduced from three hours to just 15 minutes, and provided the detailed financial reporting needed for clients to make profitable business decisions.


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