Industry: Creative Industries
Headline: "Doubled Sales and Streamlined Artist Payments"
Title: Creativity Meets Financial Clarity
Short Description: Artisan Collective struggled with sales and payments. FYNANCE organized finances, boosting growth.
Detailed Description:
SME Intro: Artisan Collective, a 6-year-old cooperative with 10 staff, represents 50 artists selling crafts, promoting culture but facing financial chaos, common in creative SMEs.
Problem: Tracking sales and inventory was manual, causing delays in artist payments and disputes. Lack of clarity hindered marketing funding and growth plans.
Solution: FYNANCE’s sales and inventory tools provided real-time data, while automated payments ensured timely artist payouts. Tax services managed VAT compliance.
Outcome: Sales doubled, meeting demand with better inventory. Payment delays dropped from 30 to 7 days, boosting artist satisfaction. Saved $1,000 yearly on accounting, planning an online store.