Case Study

"What impressed me most about Accutrac, in addition to being really good at what they do, is that they genuinely cared about helping us to be successful. They respected me and listened to me. Accutrac believed in us and stood by us with expert advice that's greatly improved the way we do business. Today, we're in a position where we can get traditional financing from banks. Accutrac helped us get there. I can't say enough good things about them

About Our Client

Moore Brothers Transport is an established family-owned business out of Brampton, Ontario that specializes in flatbed trucking and transportation. Today they have over 100 flat-bed trucks equipped to handle even oversized loads of steel, heavy equipment, fertilizer and concrete.

When Moore Brothers was first introduced to Accutrac, they were already dealing with a factoring company. "Our original factoring company was very expensive," says Sue Moore. "And they didn't have the industry knowledge that Accutrac brought to the table. We were pleasantly surprised and appreciative of all the extra benefits that Accutrac has provided over the two years we've worked with them. And they've done it at a lower cost."

The Opportunity

Moore Brothers chose Accutrac's full service option which included reviewing accounting practices and making recommendations for improvement. After working with their bookkeeper, we realized that Moore Brothers was in a better position financially than their statements were showing. Our considerable experience in the transportation industry coupled with this new information opened the door to opportunities for improvement.

The Solution

Accutrac worked with Moore Brothers to:

  • provide financing to maintain their fleet and keep cash flow flexible
  • review accounting and receivables management processes and recommend improvements
  • reinstate reporting and adjust tax forms to better reflect their more positive financial position
  • create dashboards and indicators to better control financials
  • strengthen Moore Brothers Transport's credit score
  • find, interview and hire a great new controller

The Result

In addition to financing that's helped Moore Brothers through their growth and transition years, Accutrac offered solid advice that's helped to create a stronger transport business. Today, Moore Brothers Transport qualifies for financing with traditional lenders. "But a bank will make us do a lot of running around," says Sue Moore. "I know that Accutrac would be there for me tomorrow if I need financing. Their staff is really knowledgeable and gets back to me quickly whenever I call. The quality of service and advice that I get is well worth the price we pay for it."

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