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Case Study – Bookkeeping Services
Account payables and process corporate credit card expenses.
Industry: Commercial diving and marine construction contractor
Solution: Bookkeeping
The Client
Based in Jacksonville, Florida, Underwater Mechanix (UMX) is a commercial diving company serving maritime communities with a specialty in heavy marine construction. UMX provides a wide range of services, which include Marine Construction & Engineering, Diamond Wire Saw Cutting, Emergency Response & Salvage, Diving Services, and Marine Fabrication Services. These services are provided by a dedicated staff including Commercial Diving Supervisors, Erosion Control Specialists, Certified Welder Fabricators, Certified Diving Paramedics, ROV Technicians, NCCCO Certified Crane Operators, Certified Bridge Inspectors, and more.
Business Challenge
The client faced problems closing the monthly accounts on time and had a massive backlog of payables and unrecorded credit card transactions. So, the accounting books could not reflect an accurate picture at the end of the month, and several bits of information were missing from the data already entered into the accounting system. Another challenge was the shortage of staff to complete the highly demanding work.