XMC Group of Companies

"XMC has experienced 15 years of continued growth since its founding in 2006, and our business needs are constantly changing. We require flexible and reliable service partners that are there for us when we need them, real time. The Profit Line has been a trusted and responsive resource for over 7 years,. Their hybrid model works really well for us." Peri Luel, CEO, XMC Group of Companies

The Need

A long-term and flexible accounting support solution that will accommodate growth, reduce dependency on limited internal resources and deliver an on-demand critical contingency. After reviewing internal options, the Partnership team concluded they must outsource to allow for focus on core services business.


The Profit Line Solution

Collaborated with The Profit Line to create a responsive and hybrid approach that included an internal resource to deliver services as needed and the flexibility to expand on demand when required.


Results

Minimized the disruption and dependency on internal resources by implementing a new hybrid team and external resource/approach. The Profit Line was Covid ready and supported the XMC Partnership team remotely with the guidance and fulfillment of all government programs with care and a hyper-attention to detail. XMC continues to benefit from the adoption of new accounting-based processes and technologies that were recommended and implemented by The Profit Line to respond to its evolving and changing needs:

  • Migration from QB desktop to QBO

  • Online payments platform

  • Full remote capability