Insight from our team

High Tech x High Touch

The ProfitLine Team

18/11/2021

People + Technology = Peace of mind

At The profit Line, High Tech x High Touch defines our purpose as a company.

The traditional accounting business model, like most others, is being challenged and disrupted at hyper speed. A month does not pass when we don't hear about a new accounting, bookkeeping, expense management or payroll tool that can do it all for a small monthly fee.

Some tech is smarter and better than others. Some offer this feature and that feature. Integrate and connect. Eliminate the human element and trust the tech.

The pace of change and innovation is staggering, and for many overwhelming and even paralyzing. Many businesses opt to continue to tough it out old school, with an inefficient and human centric approach.

Enter The Profit Line solution.

The synergy of the best and most trusted people aligned with the latest and most efficient technology.

We focus on delivering two important things for our clients:

1. Attract, train, and support the best team of people in the business who care about and love to work closely with their clients in a flexible and outsourced model. Attention to detail, accountability, understanding of their client’s business needs and availability are key attributes of our people.
2. Ongoing research, review and assessment of the latest accounting technology offerings that will add value to our clients every day. Our focus is on delivering the best integrated solution for each of our clients.

Case Study #1

XMC Group of Companies

The ProfitLine Team

28/10/2021

The Need

A long-term and flexible accounting support solution that will accommodate growth, reduce dependency on limited internal resources and deliver an on-demand critical contingency. After reviewing internal options, the Partnership team concluded they must outsource to allow for focus on core services business.

The Profit Line Solution

Collaborated with The Profit Line to create a responsive and hybrid approach that included an internal resource to deliver services as needed and the flexibility to expand on demand when required.

Results

Minimized the disruption and dependency on internal resources by implementing a new hybrid team and external resource/approach. The Profit Line was Covid ready and supported the XMC Partnership team remotely with the guidance and fulfillment of all government programs with care and a hyper-attention to detail. XMC continues to benefit from the adoption of new accounting-based processes and technologies that were recommended and implemented by The Profit Line to respond to its evolving and changing needs:

• Migration from QB desktop to QBO
• Online payments platform
• Full remote capability