Case
Studies
415 IT Transforms Accounting Operations with Stride
415 IT provides essential IT services including managed support, cybersecurity, cloud computing, and business continuity solutions to help clients protect their digital infrastructure and streamline operations.
The Challenge
As a growing managed IT services provider, 415IT faced challenges in maintaining efficient business operations. With outdated accounting processes, the owners were heavily involved in day-to-day accounting, which limited their ability to focus on core business functions. They sought to modernize and optimize their financial processes, aiming for a more efficient operation that could support further growth.
Stride’s Solution
415 IT chose Stride to help them build a more streamlined accounting system that would support their goals of operational efficiency and scalability. Stride delivered a full suite of services, including:
- Bookkeeping: Ensuring accurate, reliable bookkeeping and timely updates.
- ConnectWise Billing Optimization: Creating a custom billing process in ConnectWise to streamline client invoicing and payments.
- Tax Preparation and Advisory: Reducing tax liabilities and preparing 415 IT for compliance with all necessary regulations.
- Chart of Accounts Optimization: Building a more organized, intuitive chart of accounts for better financial insights.
- New Payment and AR Collection System: Integrating a modern accounts receivable system to improve cash flow and client payment tracking.
- payroll and Employee Expense Reimbursements: Setting up payroll and implementing an efficient employee reimbursement process with a new provider.
Tailored Solutions for 415 IT’s Unique Needs
Stride worked closely with 415 IT to modernize and optimize their accounting infrastructure, implementing QuickBooks Online and creating a new, customized billing system within ConnectWise. This approach not only reduced manual efforts but also allowed for improved tracking and real-time financial insights.Â
Results
By partnering with Stride, 415 IT achieved:
- Improved Cash Flow: A more efficient billing and payment system enabled better cash flow management.
- Enhanced Financial Reporting: With an updated chart of accounts and streamlined processes, financial reporting became clearer and more actionable.
- Streamlined Billing: The new ConnectWise billing process simplified client invoicing and increased accuracy.
- Efficient Payroll and Reimbursements: Employee reimbursements and payroll processing became faster and easier, reducing administrative workload.
- Better Procurement Tracking: New processes allowed 415 IT to manage procurement with greater accuracy and efficiency.
Why 415 IT Chose Stride​
415 IT selected Stride to achieve operational efficiency and free their owners from daily accounting tasks. Over a six-month period, Stride transformed their accounting and billing systems, modernizing key processes and allowing 415 IT’s leaders to focus on strategic growth.
Key Takeaways for MSPs
For MSPs facing similar operational challenges, 415 IT’s story highlights the benefits of modernizing outdated financial systems. With Stride’s expertise, managed service providers can streamline their back-office functions, improve cash flow, and empower their teams to make informed, data-driven decisions—all while freeing up time for owners to focus on growth.
