Achieving 62% Cost Savings for an Australian Digital Out-of-Home Company Through Finance Outsourcing
Expertise Delivered
Client Industry
Our Client
Industry: Outdoor Media & Advertising
Founded: in 2017.
Annual Turnover: AUD $6 Million
Our client, a leading digital out-of-home advertising company, operates over 50 billboards across the eastern seaboard of Australia. The company sought to optimise its finance function’s operations, reduce inefficiencies, and improve financial visibility.
Prior to partnering with Business Avengers, their entry-level finance was handled by one in-house Accounts Officer, incurring a cost of $80,000 plus oncosts, approx. $95,000.
Challenges Faced Prior to Business Avengers
However, senior management was increasingly frustrated by delayed supplier payments, inaccurate financial reports, and inefficient revenue tracking, leading to cash flow and operational challenges.
They had unhappy suppliers, partners and clients. Suppliers were not paid on time, representation partners were getting delayed display reports, clients were not billed on time, which affected the overall working capital. They could not understand the true and fair picture of the finances to plan ahead.
What were the Challenges?
- Inadequate financial information – Reports were often inaccurate, untimely, and incomplete.
- Delayed supplier payments – This caused dissatisfaction and strained business relationships.
- Revenue collection inefficiencies – Late invoicing impacted cash flow.
- Representation partners received delayed reports, disrupting operations.
- Working capital issues – Due to inefficient financial processes.
- Lack of financial visibility – Management struggled to make data-driven decisions.
Solution
The client recognised the potential benefits of outsourcing its finance function and partnered with Business Avengers to streamline its operations. The outsourcing process commenced with a thorough assessment of the client’s existing finance processes, systems, policies and stakeholder requirements.
Over a period of 60 days, Business Avengers worked closely with the CFO and the broader business and took over the entire transactional work, including:
- Accounts payable & receivable
- Billing & payroll processing
- Bank, debit, and credit card reconciliations
- Representation partner reporting
- Month-end journal posting
- Preparation of P&L and balance sheets
This transition eliminated inefficiencies, reduced costs, and improved overall financial transparency.
Outsourcing Results
Want true financial freedom and scalability in organising your business and improving its liability? Business Avengers is the ultimate financial services outsourcing company in Australia! Get in touch today with our expert finance executives.
Service and Quality: Today, the client has 1 full-time resource with Business Avengers exclusively dedicated to the client managing the client’s finance function. The client is extremely happy with the service delivery and quality of the information provided.
The valuable information has enabled the client to plan for the future and provide greater transparency to all the stakeholders.
Cost Savings: 62% Cost Reduction – The client cut finance operation costs from AUD $95,000 to AUD $36,000 per year, saving a substantial $59,000 annually.
Role Responsibilities: The outsourced role includes processing:
- Accounts payable & receivable processing
- Billing & payroll management
- Bank, debit, and credit card reconciliations
- Preparation of representation partner reports
- Month-end journal postings
- Audit sample assistance & financial administration
Expertise and Support: Business Avengers demonstrated their expertise by successfully handling The Client’s finance operations. Their close collaboration with the CFO and other teams ensured a smooth transition and adherence to the company’s policies and processes.
Why Choose Business Avengers?
Proven Cost Savings & Efficiency Gains
Business Avengers helps businesses reduce finance function costs by up to 62%, as seen in this case study. Instead of spending AUD $95,000 on an in-house finance team, our client now spends AUD $36,000, saving $59,000 annually while enjoying greater efficiency and accuracy.
Dedicated Finance Experts—Tailored for Your Business Industry Type
Rather than a one-size-fits-all approach, Business Avengers assigns a dedicated full-time finance expert to manage accounts payable/receivable, payroll, reconciliations, financial reporting, modeling and payroll management. This hands-on support eliminates inefficiencies and enhances cash flow management.
Faster, More Accurate Financial Insights
Before partnering with us, our client struggled with delayed payments, slow invoicing, and inaccurate reports, impacting cash flow. Our structured finance outsourcing model ensures:
- On-time supplier payments to maintain strong relationships
- Faster invoicing & revenue collection, improving cash flow
- Detailed, accurate financial reporting for better decision-making
Hassle-Free Transition with Minimal Disruption
Transitioning finance operations can be overwhelming, but Business Avengers’ 60-day structured transition process ensures a smooth shift without operational disruptions. We work closely with CFOs and leadership teams to integrate seamlessly into your business.
Scalable, Future-Proof Finance Operations
As your business grows, so do your financial complexities. Business Avengers provides a scalable, cost-effective financial outsourcing solution that adapts to your evolving needs. Whether you’re managing 50+ billboards (like our client) or expanding into new markets, our finance experts support your long-term financial health.
Partner with Business Avengers—Finance Outsourcing That Delivers
With transparent pricing ($3,000 per month for a full-time resource) and a risk-free 90-day trial, Business Avengers is the trusted partner for companies lookng to cut costs, improve accuracy, and achieve true financial scalability. Check out our exclusive pricing plans for dedicated resources!
Conclusion
The Client successfully transformed its finance operations through collaboration with Business Avengers, realising substantial cost savings and enhancing financial reporting capabilities.
- Financial Cost Savings of 64%
- Cost Reduction of upto $59,000
Improved productivity, and overall, all stakeholders are happy.
Moreover, the improved financial reporting empowered the management team to make informed decisions for the organisation’s growth and success. This case study demonstrates how partnering with Business Avengers can optimise finance functions, enabling organisations to focus on core business activities while benefiting from financial cost savings and reporting.
FAQs
1. Why did the client choose to outsource finance operations?
2. How does Business Avengers ensure a smooth transition?
We follow a structured 60-day onboarding process, working closely with your CFO and leadership team to ensure a seamless transition with minimal disruption. Our approach includes:
- Full assessment of your existing finance operations
- Gradual integration of our expert into your workflow