Xtra Insights Case Study: Advivo’s Proactive Approach Valued

By January 24, 2017Testimonials

Xtra Insights is a highly innovative company that provides a relentless high standard of research, strategic methodology and advanced technology.

Xtra Insights has been using Advivo Accountants and Advisors for business management and corporate advisory since October 2015. Managing Director, Paul Amos chose Advivo because the company was looking to take a more proactive approach but wanted a firm that was more than just a service provider. He was looking for a firm that provided complete support and would always go the extra mile.  He found that in Advivo.

Paul says, “Advivo keeps us on our toes by making regular visits to meet with us. Not to mention, the Business Pulse Report™ provides valuable information that is presented in a way that motivates us to stay accountable, driven and goal oriented.”

ADDED VALUE
Seminars
Advivo offers seminars to clients, which exposes clients to different ways of thinking and managing a business. Paul attended a seminar that had speakers who introduced him to potential investment opportunities and people from other businesses. Paul explained “I find them innovative. These seminars provide a more proactive and contemporary way of looking at your business to help improve your accounting functionality and operations”.

The Business Pulse Report™
Advivo uses several tools to efficiently and systematically provide financial insight into client’s businesses, which is then utilised, to influence and drive the strategic direction of the business.

As the account manager, Dale Edwards visits the Xtra Insights office on a quarterly basis, Paul enthuses, “Together we do a review, and then Dale produces the Business Pulse Report™ (which is also provided as both a digital and hard copy). This report identifies 8-10 key indicators on our performance.” Paul enjoys the visual representations as it helps cut through all the numbers and columns. He also feels that this report has had a real impact on their marketing, explaining “The Business Pulse Report™ provide clear insights of products that are under performing. Not to mention, we are also able to address outstanding debtors.”

Corporate Advisory
Where appropriate, Advivo will provide corporate advisory services that supports business growth and expansion. This is a significant point of difference for Paul who has recently restructured the company with the assistance of the Advivo team.  Paul said, “Coming from a trust environment, Advivo recommended we restructure Xtra Insights into multiple companies as this will save us tax in the long term.”

Paul also admires how proactive Advivo is and says, “Advivo has connected us with other business’s who may be able to help us grow. It is almost like we come to Advivo with a problem and they give us a list of ways to solve the issue.”

RESULTS
Having been with Advivo for nearly 12 months now, Paul believes that Advivo has contributed to this significant turnaround in business.  “They have improved our spending habits. We have reduced our expenses, saved exponentially on products and this has contributed to a better return on investment.”

Advivo has helped Xtra Insights grow and has improved the way the company does business. When asked about Advivo Paul said, “I am encouraged by how driven they are as a company, in my perspective it puts them over and above when compared to others.”

“We are very happy with Advivo – they have exceeded our expectations and it really has started changing our way of thinking about the business. From an operational side, we are now being innovative where we once weren’t. Advivo has fine tuned our business in every aspect and this has improved our product development.”

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