Growing your revenues should not mean escalating Back Office costs. We can help bring your Back Office into the 21st century by automating manual processes and workflows. Our team, based in India, can help lower your operating costs dramatically.
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SOC 2 Compliant
SOC 2 Compliant Process Quality
What Our Clients Say
From 45 Days to 10 days to close financials
A couple of years back, our monthly financial close would take anywhere from 30 to 45 days. There was very little planning, and most of the work was done after month end. Much of the month end work was done manually.
The month end bank reconciliations were extremely time-consuming due to the high volume of transactions and the difficulty aggregating these transactions to the bank activity. Reconciling items lingered for months. We reviewed off-the-shelf bank reconciliation applications to fix the problem; however, none could meet our needs. Since LoneStar GKS was already preparing our bank reconciliations, we asked whether they could automate our bank reconciliation process. Their Bank Reconciliation App has effectively solved one of our most difficult problems. They have also automated several other processes and reconciliations for us. Their solutions have been instrumental in reducing our manual work and provided enhanced internal controls and reporting. We are now closing financials in 10 days. I have recommended them to other departments within our firm and to colleagues in other firms.
From a Manual process for our Capex to a streamlined and automated solution
Our Capex process had become a huge burden. The process ran on phone calls and emails and as transaction volumes picked up, it was becoming a nightmare keeping track of every request. LoneStar GKS created a workflow-based solution for us to track everything online. All of the paperwork, email and phone calls were replaced by a transparent system which has killed a lot of unproductive time and effort. Also the system has enhanced our control over Capex spending whereas in the past our control had been much weaker.
Over $1mn in annual savings from our partnership with LoneStar GKS
We've been working with LoneStar GKS for nearly 8 years. Their team is helping us in many key areas of business such as customer service, collections, HR and accounting. Over the years they have helped us solve key problems in our back office by helping us design better processes and automating them. We save well over a million dollars a year in operating expenses thanks to them.
Handled a 60% increase in Contracts Processed per month in 3 months with less than 1% error rates
Our business was growing very rapidly – both organically and through acquisitions. We desperately needed additional resources to process new customer contracts. LoneStar GKS rapidly built an offshore team to processes contracts and automate data entry. In a 3 month period, the number of contracts processed by them jumped 60% but they were able to manage this with an error rate of less than 1%. In the last year, their processing volume has more than doubled and they now process nearly 35% of all contracts. Error rates remained below 1%. As a result, our frontline sales and admin teams have been able to focus on customers instead of data entry.
Partnering with LoneStar GKS has been a game-changer for our finance operations
Partnering with LoneStar GKS has been a game-changer for our finance operations. Their expertise, accuracy, and proactive approach have significantly improved our reporting, reconciliations, and overall efficiency. The team consistently delivers high-quality results, helping us make faster, smarter financial decisions while allowing our internal team to focus on strategic initiatives. We view them as a trusted extension of our finance function.