China-Business-Advisory-rgb

Client Industry: Fashion

Client Overview: One of the largest fashion groups globally, with over 6,000 stores worldwide. The client designs and manufactures nearly all its products in-house. Having entered the China market in 2005, the group now operates more than 500 stores across the country.


Client Brief

  • The client processes a high volume of invoices and payments for shops in various locations and its e-commerce platform.
  • They need to reconcile receipts issued to customers with payment collections.
  • As a retail business, they face complex cost accounting and variance analysis processes.

 

How we helped
  • Developed solutions tailored to the company’s operations
  • Recruited members for the client’s accounting team
  • Managed and reviewed team performance
  • Proposed solutions to support ongoing process improvement efforts
  • Provided replacements for departing accounting team members
  • Offered on-site support for treasury team
  • Assisted the revenue recording and collection team, including manual refunds
  • Supported the procurement and payment processing team
  • Managed reimbursement of staff travel and entertainment expenses
  • Facilitated vendor payments
  • Conducted payment process reviews
  • Provided on-site support for stock management
  • Advised on workflow standardisation and optimisation

Our Value

With SBA Stone Forest’s team of four professionals providing on-site support and processing about 3,000 documents monthly, the client has significantly improved productivity. By outsourcing these critical routine processes to SBA Stone Forest, the client can now focus more on its core business operations.