In 2016, a restless and hands-on Grant LeHelloco would leave corporate management to pursue his next major milestone; Grant would invest in an IT business called 'Pro Computers,' a conglomerate of three sub-companies specializing in phone, internet, and mobile services.
Armed with a plethora of knowledge and extensive practical experience across various corporate business functions everywhere from HR and finance, to legal and marketing, Grant would dive headfirst into a company that initially operated in just two locations.
Now faced with the major hurdle of finding a holistic solution for streamlining their three distinct entities, Grant would soon establish a fully integrated system for efficiently running their manifold business.
With his unwavering determination and years of hard work and persistence, Grant's ambitious aspirations would transform this MSP into the thriving multi-location brand it is today (now with nine store locations Australia-wide).
After a tried competitor and its ineffective integration, Pro Computers "finally" unlocked their ultimate solution stack through the implementation of ConnectWise PSA, Xero, Wise-Sync and WisePay -
From double entering payments and invoices to revelling in complete end-to-end automation, now the only 'double' Pro Computers is faced with, is a complete double down on business.
Annual expense reduction of 1.5FTE
$80-100K+ cost-savings per year
Slashed financial admin from six hours a day down to just one hour a week
Facilitated expansion from two to nine locations nationwide
ISO Certification sanctioned from systems' implementation
"We had to double enter invoices, double enter payments, and reconciliation was an absolute nightmare. It was extremely painful.
The pain of all these manual transactions forced me to look at WisePay. We just grew to a size where it took too much of the day, the week, and the month, to do all the manual chasing of debt.
But we tried this solution, and I got more out of it than what I expected. The synchronizations were clean, the bank feeds into Xero were surprisingly easy. It surprised the heck out of me because I've had some bad experiences."
- Grant LeHelloco, Managing Director
Grant Le Helloco, a man who thrives on constant activity, will tell you, he simply “can’t sit still.”
In 2016, after leaving his renowned position as a manager in a billion-dollar corporation, Grant decided to invest in ‘Pro Computers,’ an IT business first established in 1993, with initially just two locations -
Coming into this small business now as its third owner, fully hands-on and armed with thorough experience across HR, finance, legal, and marketing, Grant identified the challenging need to implement the right PSA (Professional Services Automation) software. After trialling a few options, Grant eventually decided to go with ConnectWise Manage.
Now revelling in the power of ConnectWise Manage, Grant realized this PSA alone still didn't solve their "extremely manual processes."
With this newfound, real-time visibility across their accounting and most notably, payment collection, enabled through ConnectWise Manage, Xero, Wise-Sync, and WisePay combined, Pro Computers now thrives from a system so seamless, "[We] don't have to think about it."
Empowering their customers with the autonomy to choose how they pay an invoice regardless of it being a prepayment or a downpayment, means "[Our] next interaction will always be at reconciliation time."
Not having to double handle invoices thanks to two-way automation has since enabled Pro Computers to reprioritise such dense time and resources into their business expansion.
For most corporations, two of the most important metrics are Days Payable Outstanding (DPO) and Days Sales Outstanding (DSO).
With his extensive financial knowledge naturally making him "tight fiscally," Grant deems any bad debt as surpassing two to three months unpaid.
Now, Grant runs his PNL (Profit and Loss) statement just once a week and in real time, which only takes him up to an hour each week; a staggering reduction from spending up to six hours a day on financial admin alone.
With their significant time and cost-savings from Wise-Sync and WisePay, Pro Computers has saved one-and-a-half employees (FTE), with resources now dedicated to building other parts of their business.
Along with reassigned resources, Pro Computers has since become ISO certified; a process Grant explains, wouldn't be possible if his team were still "muddled in everyday admin."
On having a ConnectWise dashboard in Wise-Sync, Grant likens this experience to that of "magic," a "very helpful" tool that clearly indicates where a sync error occurred thereby enabling you to simply delete in just "a few seconds."
On the various business growth initiatives Pro Computers has since been able to pursue from such vast time-savings, Grant shares a strong focus on their acquisition growth strategies; analysing different products and trends in the market.
While the first of the month is always a busy time for Pro Computers, with invoices across all three sectors coming in, Grant says, "the cash collections are easy because the systems are as they are."
Grant embarked on a journey towards achieving payment success by emphasizing the importance of automation in running a professional organization. He believed that to truly own a business, one must focus on working on the business rather than getting bogged down in its day-to-day operations.
Grant asserts, it's a business owner's role to drive growth, seek opportunities, and improve processes, tasks that require a strategic focus rather than being consumed by administrative duties like matching bills and payments. By implementing automation, Grant found the freedom to fulfil his role effectively, instead focusing on leadership and management while assuring both the longevity and success of his business.
For those businesses yet to embrace automation, Grant shares his final words from one business owner to another -
If you're ready to put your manual accounting tasks on autopilot and take back control of your finances, WisePay's here to make it happen: Get in touch with our friendly team today or book a demo to see how it all works.
