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Chicago Southland


Case Study: Flexible and Consistent Bookkeeping for a Franchise

May 28, 2020 / by Lynette DeRose posted in Small Business Advice, Bookkeeping Services, Business Advice, Case Study Blogs, Chicago Southland

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For Creative Colors International (CCI), one of the primary selling points for its franchises also created one of its biggest challenges.

The Illinois-based CCI, which specializes in repairing various types of furniture coverings, allows individual franchisees to tailor their offerings for their particular markets. For example, some franchisees contract exclusively with a single client for whom they work onsite, while others operate a mobile business with a variety of clients.

From a bookkeeping perspective, the result was a hodgepodge of reporting procedures that strained both franchisor and franchisees. Says CCI President and Co-Owner Mark J. Bollman, “For an owner/operator just starting out, doing the work all day and then coming home to a stack of invoices when they're tired hasn't been conducive to on-time reporting.”

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Artificial Intelligence and Bookkeeping Services

September 26, 2019 / by Lynette DeRose posted in Bookkeeping Services, Chicago Southland

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With bookkeeping software leaders Bill.com and Intuit incorporating artificial intelligence (AI) and machine learning into their products, it is clear that AI is playing a role in the bookkeeping field. How much of a role will AI play, and how will it impact bookkeeping services and businesses?

“Finance leaders will oversee the transition as robots take on more and more back-office functions … freeing people to grapple with high-level analysis and decision making that add value rather than ticking off to-dos.”

strategy+business, spring 2019

Building a Better Toolbox
The terms “artificial intelligence” and “robot” scare some people, perhaps because they bring to mind dystopian science-fiction movies. But in reality, AI and robots are merely extensions of the kinds of tools most of us already use, like Google for online searches. And now the same basic principles are being refined for various specialized uses in the bookkeeping services field.

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