Leading In Process Automation Solutions

archimedes.iq backoffice

If you’ve skipped ahead and just started up a managed k8s cluster, you’re still in for a long and tedious journey wading into a deep sea of confusing YAML. YAML is to text what James Joyce’s Finnegan’s Wake is to English.

  • We leverage OCR, 100% audit and our proprietary IQR solution to extract invoice data from computer generated PDF vendor invoices at 99.97% quality.
  • Transactions get processed almost immediately upon receipt at high quality and low cost.
  • We constantly search for best practices both in and outside of the Finance and Accounting field to provide ever increasing levels of service and quality to our clients.
  • Other major clients include distribution, energy, healthcare, real estate, and financial services companies.

IQ BackOffice works with leading global companies which include the world’s largest steel manufacturer, the largest technology and entertainment conglomerate, large retailers and restaurant chains across thousands of stores and e-commerce sites. Other major clients include distribution, energy, healthcare, real estate, and financial services companies. Panorama Eyecare is a partnership organization involving eight eyecare groups across the Front Range, including Eye Center of Northern Colorado and Denver Eye Surgeons, which were founding practices in Panorama Eyecare. The organization, formed in February, is a physician-led eyecare management services organization that provides administrative support to the member organizations, including systems and equipment, back-office solutions, regulatory compliance and patient acquisition and retention. “Understand what their quality metrics are and what their service-level agreements are. What is their commitment to turn around invoices from an accounts-payable standpoint?

The browser has sent 13 CSS, Javascripts, AJAX and image requests in order to completely render the main page of Archimedes IQ Backoffice. We recommend that multiple CSS and JavaScript files should be merged into one by each type, as it can help reduce assets requests from 5 to 1 for JavaScripts and as a result speed up the page load time. When a private equity firm purchase a retailer with over 500 locations, we were able to get payroll up and running for over 7,000 employees within a few weeks and ensure accuracy and timeliness from then on. IQ BackOffice archimedes.iq backoffice has helped many large manufacturing and distribution clients reduce their Accounts Payable matching exception rates from over 50% to less than 10%. Just like trying to reproduce Mozart or Beethoven on a pianola is tedious, laborious, error prone, and ultimately unfulfilling, similarly k8s manifests are frozen forever in time, impossible to write expressively, and playing the same tune ad infinitum. The reason people still use v1beta1 even though v1 has been available for two years is because nobody has generated new k8s configurations since then.

Why Accounts Payable Automation Doesnt Pay

Our client teams in India and the Philippines use Archimedes to address exceptions and complete invoice processing quickly. Through automation and reengineering, we have been able to assure that invoices get processed in one day with 99.97 percent accuracy to cut costs up to 75 percent. He also led the development of the firm’s PeopleSoft financials and HRMS, portal delivery, and report delivery software environments. Phylis Field is responsible for designing solutions that meet the needs of IQ BackOffice prospective clients.

Santhosh Ramachandran is the Director of Service Delivery and Operations at IQ BackOffice’s India Shared Service Center in Chennai, India. He is responsible for the overall delivery of Finance and Accounting services to our clients. Prior to joining IQ BackOffice, Mr. Johnson was Vice President of business development at RSM McGladrey and Quattro FPO Solutions where he led retail business development efforts for six years, with a focus on restaurants.

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• Archimedes quickly identifies duplicate, mismatched and missing invoices, which can be immediately routed to Purchasing or a local office for resolution. L.A.-based IQ BackOffice serves more than 60 companies worldwide, with hundreds of divisions and 15,000 workers using IQ BO’s proprietary accounting software. IQ BackOffice CEO Ken Johnson oversees the company’s 600 employees located throughout California, the Philippines, and India. For small businesses, IQ Back Office deploys a complete, easy-to-use, self-service human resources platform. Finally, it is difficult to manage and maintain internal controls and management control across a geographically distributed business with many AP managers and personnel involved. Leverage Internet Based Analytics and Insights to Deliver Margins.Under tight margins, managing finances needs to be an exact science.

  • Peter is a Certified Public Accountant, and he graduated Cum Laude from Philippine School of Business Administration in Manila with a Bachelor’ of Science degree in Business Administration majored in Accounting.
  • In 2016, IQ BackOffice processed over 2.5 million financial transactions, worth over $15 billion.
  • IQ BackOffice’s Archimedes solution provides us with centralized approval workflows and visibility across activity at Mina Group restaurants all over the US.
  • This allows our clients to focus on more value-added activities or focusing on their core business.
  • However, as restaurant sales continue to rise, cost pressures such as minimum wage and ACA regulations are making it increasingly more challenging to operating a restaurant.

Dan Karpel, chief operating officer, said the investment will enable the group to improve clinical operations and replace and update capital equipment as needed. Panorama has received an $150 million capital investment to undergird its growth in the region, including Colorado and Wyoming.

The restaurant business is getting tougher and tougher, with costs rising due to ever-increasing regu- latory scrutiny, growing labor costs and a customer that consistently demands a unique dining experience. Franchisees face many challenges when it comes to dealing with costs, and one of these includes streamlin- ing back office processes, to mitigate issues with accuracy and timeliness.

Archimedes Iqbackofficecom: Iq Backoffice

Even though many IQ team members may be located in a different country, the communication has been seamless. IQ also has an amazing group of U.S. based account reps who take care of our needs.

Changes are in store for how the internal supply chain gets done. We are pleased to announce a strategic alliance with Cambridge Global Payments. This alliance will offer customers a seamless and integrated solution for invoice processing, while at the same time, allow them to enjoy efficient cost savings of automated payments processing to vendors across the globe.

Services

As VP Operations for Hardee’s Restaurants, Mr. Johnson oversaw all operations, advertising and purchasing for 30 Hardee’s restaurants in Minnesota and Wisconsin with average unit volumes of $1 million. He managed day-to-day operations; developed, approved and implemented all local and regional advertising; and was instrumental in developing a purchasing and distribution co-op for the 100+ regional restaurants in Minnesota and Wisconsin. Our client, one of the largest restaurant chains in the USA with over 220 locations, was struggling with the Accounts Receivable of third party delivery services such as Doordash and UberEats.

archimedes.iq backoffice

Peter has more than 25 years’ experience in Finance and Accounting Operations Management. He was with Citibank NA Manila for more than six years as Senior Vice President of Citibank Shared Services overseeing the financial reporting operations of seventeen countries within Asia and prior to that he was with Accenture Manila for eleven years as Finance Director. Companies outsource payroll more than any other function, but many never see the results they expect. At IQ BackOffice, we know that payroll is more than calculating withholdings and cutting checks. We will keep your company current on regulations, efficiently process hires and terminations, generate more accurate data and quickly resolve employee issues.

Ways Restaurants Can Save Big In The Back Office

You are about to delete IQ Backoffice’s news, this procedure is irreversible. Among pages recommended for Iq Backoffice Login, if the not-working page is the official login page, it may be because the site is temporarily suspended. For other pages, please let us know via email, we will check and give you a reply. That is almost equal to the number of new cancer cases each year.

He was responsible for developing sales and marketing strategy as well as strategic plans related to operational support for new business. In less than three years, Mr. Johnson grew the restaurant segment of the business from an $8 million start up to more than $20 million. Peter Jimenez is the Chief Financial Officer and Vice President, Global Operations.

archimedes.iq backoffice

IQ BackOffice delivers a full range of customized accounting, payroll and human resources solutions to growing companies in all industries, including … IQ BACKOFFICE Accounting Automation and Outsourcing — Proprietary Archimedes Platform. We serve a variety of industries including Restaurants and Hospitality, Manufacturing and Distribution … Phil Jablonski is a seasoned information technology professional with more than twenty years of technology and business operations leadership in applications development, sales, customer service, and management. Mr. Schnitt has been responsible for the design, development and implementation of several significant consulting projects with budgets of up to $11 million and staff numbering more than 8,500. We serve a variety of industries including Restaurants and Hospitality, Manufacturing and Distribution, Healthcare, Financial and Professional Services, Technology, Entertainment, and Real Estate and Property Management. By reengineering client business processes to take advantage of best practices and standards, we help our clients achieve greater efficiency and flexibility, and improve process quality and real-time access to vital financial information for more informed decision making.

We work with your payroll processor to process and mail checks, authorize direct deposits and electronic pay cards, manage tax filings, deduct garnishments and provide instant reporting. Traditionally, purchasing of goods has been managed closely, but there is greater opportunity for cost savings for services than for purchase of materials.

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Even with modern accounting systems and advances in electronic payments, the share of the cost of these activities as a percentage of revenue hasn’t really changed in the last 20 years for all except the Fortune 500. We have learned from the science of supply chain management the importance of oversight and process flows of materials, information and finances as they move from suppliers to consumers. These principles can be used to raise the quality of processes and reduce costs and be applied to the sup- ply chain that exists behind the scenes. As an intricate, precise and complex string of processes, financial processes must be efficiently maintained to keep businesses afloat. Q BackOffice offers complete back office accounting services to restaurant and hospitality companies worldwide.

Accounts Payable Outsourcing Transition

The only thing that keeps my nose going back to the grindstone is the realization that working with NodeJs would be worse. You copy-paste some hello world examples and the outputs look like they work. You’re starting to gain confidence that you might be able to do something useful. Also named to leadership positions were Karpel as COO and Travis Wolther as chief financial officer. Panorama has a total of 12 locations and more than 500 team members.