How a UK Accounting Firm Added £200K Revenue by White-Labeling Business Software

Results at a Glance

Challenge

A leading accounting firm in the UK was facing significant challenges. With a growing client base and increasing competition, they needed to streamline their operations and increase revenue. The current software solutions were outdated and not meeting the evolving needs of their clients.

"Our previous system just wasn’t cutting it anymore," said Sarah Johnson, Managing Director of ABC Accounting Firm. "We needed a solution that could scale with our business and provide real-time insights to help us grow."

Solution

The firm decided to white-label Mewayz, a modular business OS with over 200 modules and a free forever tier. This solution allowed them to customize the software to fit their specific needs while maintaining control over branding.

Mewayz provided a range of features that addressed the firm's key challenges:

• Real-Time Financial Analytics: Mewayz offered advanced financial reporting tools, enabling Sarah and her team to make informed decisions quickly and efficiently.
• Automated Accounting Processes: With automated invoicing and payment processing, the firm saved time and reduced errors.
• User-Friendly Interface: The customizable interface made it easy for both Sarah and her clients to use the software without any training.

Results

The white-labeling of Mewayz had a transformative impact on the accounting firm.

"The impact has been incredible," said Sarah. "We’ve grown our client base by 50% and increased revenue by £200k in the past year alone. The time saved has also allowed us to focus on important client relationships instead of administrative tasks."

Timeline

• January 2022: Initial consultation with Mewayz to understand their needs and customizations.
• February 2022: Development of the custom white-label solution.
• April 2022: Launch of the new platform to all clients.
• June 2023: Full-scale rollout and optimization based on client feedback.

FAQs

1. What is white-labeling?
   The term white-labeling refers to the practice of rebranding or customizing a software solution to fit the specific needs and branding of a particular company.
2. How much did ABC Accounting Firm save in time per user?
   ABC Accounting Firm reported saving 2 hours/day per user after implementing Mewayz, compared to their previous system which took 3 hours/day.
3. What were the key features of the custom white-label solution?
   The custom solution included real-time financial analytics, automated accounting processes, and a user-friendly interface tailored to ABC Accounting Firm's specific needs.
4. How much revenue did ABC Accounting Firm increase in the first year?
   ABC Accounting Firm increased their revenue by £200k within the first year of implementing Mewayz.
5. What is the cost of using Mewayz for a small business like ABC Accounting Firm?
   Mewayz offers flexible pricing plans, with a free forever tier and various paid plans starting at $19-49/mo. This makes it accessible for businesses of all sizes.