Anabon Security Inc. is a leading security products provider specializing in security equipment and solutions. They manage a complex inventory of security products with significant transaction volumes through multiple sales channels.
Unreconciled bank statements and Stripe balances causing financial discrepancies
HST and Corporate tax balances mismatched with CRA balances leading tocompliance risks
Landing costs not being tracked, resulting in inaccurate product cost calculations
Shipping costs tracking gaps between actual costs and customer recovery
Quality Control and Returns Management
No systematic approach to refund processing and tracking
Lack of data for quality assurance improvements
Limited visibility into product performance and profitability
No advanced reporting capabilities for informed decision-making
Missing insights into shipping cost recovery
Identified the missing/incorrect entries and implemented Zoho Books' advanced reconciliation features for bank and Stripe transactions.
Conducted thorough tax reconciliation and identified the missing transfer entries. Wealso found out that interests/penalties were not recorded.
Utilized Zoho Books' landing cost feature for accurate product cost allocation.
Implemented custom fields and automated calculations using advanced Zoho Analytics for computing true purchase costs.
Developed shipping cost tracking report comparing actual vs recovered costs.
Leveraged Zoho Books' reporting tags for defective product tracking.
Integrated Zoho Desk with Zoho Books for streamlined refund processing, which enables the client to refund directly from Zoho Desk.
Created one-click refund solution through Stripe integration.
Customized Zoho Analytics dashboards for product performance metrics
Created specialized custom reports for loss on sale and low-margin products.
Implemented real-time shipping cost analysis reports.
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“Automate Accounts revolutionized our financial operations with their comprehensive Zoho implementation. The integrated solution between Zoho Books, Desk, and Analytics has given us clear visibility into our operations. The automated reconciliation and returns management systems have not only saved time but helped us improve our product quality significantly.”
— Alireza Aram, Co-founder - AnabonSecurity Inc.
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