Neto eCommerce

Ryan Murtagh, Founder

Contact Details

Phone: 1300 730 300

Email: support@netohq.com.au

Website: www.netohq.com.au

 

Company Overview

Neto is Australia’s leading all-in-one eCommerce platform, it enables small business retailers through to large scale wholesalers to develop and maintain eCommerce stores that integrate with leading accounting platforms, payment gateways, shipping carries and sales channels.

 

The Problem

Neto is a digital technology company experiencing rapid growth. From its inception the company directors were focused on building a team of world-class developers alongside highly proficient customer service staff. The director’s strength lay in building an eCommerce solution, not analysing financial information, comparing actuals to budget or managing cash flow.

The Solution

Neto engaged Consolid8 to provide a complete financial management solution. Our customised solution for this rapidly growing company includes:

• Bookkeeping and payroll
• Monthly management accounting reports
• Creating and monitoring budgets
• Benchmarking
• Virtual CFO duties
• Tax Planning
• Research and Development
• International Pricing Models
• Capital raising and Investment

The Results

Neto has grown from 3 staff to over 50 in the past 3.5 years. The company has experienced an average of 250% growth in revenue each year since its inception.

This level of growth could not have been achieved without the support of Consoild8’s financial management team. The customised systems and processes they’ve implemented for Neto have supported and enhanced this rapid growth.

“Financial management is not my area of expertise, outsourcing this core business function to a trusted accounting firm has allowed me to focus on growing my business.”