A busy creative agency who focus on photography and film, Still Moving Media were struggling to keep their books up to date and keep control over their cashflow. We introduced processes that would make it easier to update their records, ensure they got paid on time, and had a clearer picture of where the business stood each month.

Services used

  • Digital diagnostic service | Nephos Accountants, Cheltenham

    Digital diagnostic

  • Cashflow management service | Nephos Accountants, Cheltenham

    Cashflow management

  • Accounts management service | Nephos Accountants, Cheltenham

    Management accounts

  • VAT services | Nephos Accountants, Cheltenham

    VAT

Since we started reconciling the accounts on a weekly basis, Still Moving know exactly what creditors and debtors they have, giving them a much better handle on cashflow. This has allowed them to build up funds for a property purchase. We’ve also made sure that taxes are saved for on a regular basis, so there are no last-minute surprises! 

Fluidly has markedly reduced the amount owed to Still Moving and also improved the time in which invoices are paid with minimal human interaction. Our management reports have also provided the board members with a much better insight into their revenue and cost base, which has had a direct impact on how they run the company. As a result, the business has grown significantly since we introduced the reports.
 

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