About the Company

Industry: Interior Design

Type: Privately Held

Studio Wodehouse, founded by Shonali Mahajan, is a premier interior design firm specializing in bespoke, sustainable, and eco-friendly interior spaces. With over a decade of experience, Shonali and her team collaborate with various designers and artists to deliver custom designs that reflect their clients’ personalities while maintaining environmental consciousness. The firm has built a reputation for delivering unique, luxury interiors across India.

Problem statements

Complex financial reporting: Studio Wodehouse faced challenges in maintaining accurate and timely financial reports due to an outdated system.

Compliance issues: The firm struggled with adhering to tax regulations and timely filing, risking penalties.

Cash flow management: Due to inconsistent tracking, the firm experienced difficulties in managing vendor payments and ensuring consistent cash flow.

Our Solution

Financial system upgrade: Implemented advanced financial software to automate tracking and streamline financial reporting.

Compliance support: Guided Studio Wodehouse through compliance processes, ensuring timely tax filings and regulatory adherence.

Cash flow optimization: Introduced cash flow management tools to ensure timely vendor payments and better cash flow control.

Results

Enhanced financial accuracy: Automated systems reduced manual errors, allowing for accurate financial reporting.

Full compliance: Achieved timely tax filings and adherence to regulatory requirements, avoiding penalties.

Improved cash flow management: Streamlined vendor payment processes improved cash flow consistency, allowing the firm to manage operations more efficiently.

Benefits and ROI

Efficient operations: The firm’s financial operations became more efficient, reducing manual tasks and improving focus on core business.

Regulatory compliance: Studio Wodehouse adhered to all compliance requirements, mitigating risks of penalties.

Optimized cash flow: Better cash flow management provided smoother operations and improved vendor relationships.

ROI: Our Accounts and Financial Management services allowed Studio Wodehouse to streamline financial reporting, improve compliance, and enhance cash flow management, contributing to long-term operational success.