Case Study - How One Ecommerce Company Transformed Their Business and Gained Superior Visibility into Their Financial Performance

How One Ecommerce Company Transformed Their Business and Gained Superior Visibility into Their Financial Performance

Tracking key trends is dependent on visibility in the financials.

PRO Compression is an online brand of premium sports compression socks and sleeves. Their compression socks improve circulation, accelerate recovery, reduce muscle soreness, help prevent swelling and varicose veins. TGG started working with PRO Compression to get them the consistent, timely and accurate reporting they needed to run their business by the numbers.

In order to gain greater insight into the business, PRO Compression migrated over to online financial systems and improved their regular processes for reviewing accounts, inventory management & payables. The TGG Way™ month-end reporting package was a culmination of those efforts that has allowed them to easily track key trends in their business.

Process Improvements and Online Migration

Accurate data is reliant on accurate information. In order to get a TGG Way™ monthly reporting package with a clear financial picture of the business, PRO Compression and TGG worked together to keep forecast reports up-to-date and document processes on how to sync online sales information with QuickBooks Online. As a result, PRO Compression now has the ability to view transactions and performance in real-time so they can make better business decisions and plan for the future.

Timely and Accurate Financial Reporting

PRO Compression was looking for a way to get better visibility into their financials throughout the month and have a consistent process for managing their financials and month-end close. With the TGG Way™ monthly reporting package, they can now easily track key trends in the business and plan accordingly. Every month, PRO Compression receives their package from their TGG Team and uses the data to make key business decisions that allows them the opportunity to grow and scale the business like never before.

Monthly TGG Way™ Financial Package

keeps everyone on the same page

Forecasting

allows for informed decision making

Attention to Detail

guards against pitfalls

Sophisticated Insights

allows our clients to plan for the future

What The Client Said

“We’ve experienced several improvements including migrating to online financial systems, improving our regular processes for reviewing revenue growth, profitability, inventory management and payables. The month-end reporting package produced by TGG allows us to identify and track key trends quickly and easily.”

-Jeff Pennington, Co-Founder