About the Company

Service Provided- Accounts

Industry: Health and Wellness (Ayurveda)

Type: Privately Owned

Dr. Vaidya’s is a modern Ayurvedic brand that traces its roots back over 100 years. Founded by Arjun Vaidya and Trisha Rajani in 2016, the company’s mission is to make Ayurveda accessible to a broad audience.

Dr. Vaidya’s operates in the ecommerce space, focusing on bringing organization to a previously unorganized sector.

Problem Statements

Dr. Vaidya’s rapid growth in the ecommerce industry led to several operational challenges:

Complex revenue streams: Managing revenue from various ecommerce platforms became overwhelming without a proper system in place.

High attrition: The company faced high employee turnover, especially in accounting, which created disruptions in continuity and financial management.

Delayed tax filings: Inefficiencies in closing financial books on time led to delayed tax filings and penalties.

Unstructured ecommerce reconciliation: Without a structured system to reconcile ecommerce transactions, the company experienced significant revenue leakage, particularly with commissions and shipping costs.

Our Solution

We provided a tailored solution for SoleSearch to address these key financial issues:

Financial reconciliation: We established structured processes to streamline financial reconciliation, ensuring invoices were properly tracked and accounted for.

Internal controls: New internal controls were introduced to enhance purchasing accuracy, preventing outdated pricing and ensuring consistency.

Enhanced financial reporting: We worked on improving the generation of financial reports by streamlining manual processes, providing clearer insights for better decision-making.

Compliance systems: We helped bolster compliance by introducing proper record-keeping practices and ensuring accurate and timely reporting.

The Result

Partnering with us resulted in several immediate and long-term benefits for Dr. Vaidya’s:

Accurate financial records: The implementation of an accurate reconciliation system improved the quality and accuracy of financial data.

Improved cash flow management: Preventing revenue leakage helped the company achieve better cash flow projections and plan more effectively for the future.

On-time tax filings: Timely filings eliminated the risk of penalties, saving costs and increasing regulatory compliance.

Informed decision-making: Access to accurate and reliable financial data allowed the leadership team to make better, data-driven decisions for the business.

Benefits and ROI

Partnering with us delivered significant improvements for Dr. Vaidya’s:

Operational continuity: Our dedicated team ensured that financial operations continued smoothly, even during periods of employee turnover.

Cost savings: By preventing revenue leakage and ensuring timely tax filings, Dr. Vaidya’s realized substantial cost savings.

Financial confidence: With accurate financial data and smooth operations, the leadership team was able to make better business decisions, driving long-term growth.

ROI: The improvements in efficiency, cash flow management, and cost savings delivered a strong return on investment, positioning Dr. Vaidya’s for continued success in the future.

Client Testimonial

“I’ll tell you what I really liked about my experience with Savage & Palmer. It gave me comfort that regardless of what happens—whether someone is ill or there are technical issues—my month-end accounting, regulatory requirements, and tax payments were always handled. Brego provided me with an entire accounts team when I was too small to have one. And what truly stood out was their attitude—the spirit of partnership and customer service. That’s why we continue to work with Brego.”

— Arjun Vaidya, Founder, Dr. Vaidya’s