Client Background

Diplomatic Language Services (DLS) is a leading professional services firm based in Washington, D.C. DLS specializes in providing comprehensive translation and education services, particularly for government contractors. With a reputation for excellence in a highly specialized field, DLS continuously seeks innovative solutions to enhance their internal operations.

The Challenge

After successfully implementing Accounting Seed, a robust accounting solution built on the Force.com platform, DLS recognized the need for an equally powerful budgeting solution that could seamlessly integrate with their existing financial infrastructure. Their financial operations involve highly complex employee cost allocations, including salaried, hourly, and mixed compensation structures, as well as associated taxes and bonuses. The complexity of these allocations across various departments and projects required a solution that could handle dynamic and intricate allocation rules.

The Solution

DLS identified CloudBudget as the best solution for their budgeting needs thanks to its native integration with Accounting Seed. 

Our team worked closely with DLS to understand their unique requirements and to implement a solution tailored to their complex financial structure.

Together, we successfully:

• Implemented Advanced Allocation Rules: We designed and implemented sophisticated allocation rules that accurately distribute employee costs, including taxes and bonuses, across DLS’s departments and projects. This ensured that all costs were properly attributed, providing DLS with precise financial insights.
• Streamlined Data Flow: We established a seamless data flow between Accounting Seed and CloudBudget, enabling real-time verification of budget versus actual data reports. This integration has significantly improved DLS’s financial reporting accuracy and efficiency.
• Customized Reporting: To meet DLS’s specific needs, we developed several custom reports, providing them with clear and actionable insights into their financial performance.

The Result

DLS is now experiencing the benefits of a streamlined and efficient financial management process. The integration with Accounting Seed has allowed them to maintain accurate and up-to-date financial data, ensuring better decision-making and resource allocation.

Looking Ahead

With the success of this project, DLS and CloudBudget are in discussions to explore further enhancements and next steps to continue optimizing their financial operations.

Conclusion

DLS’s implementation of CloudBudget and the formal integration with Accounting Seed, has empowered them to overcome their complex financial challenges, leading to improved accuracy and efficiency in their budgeting processes. This success story is a testament to the power of collaboration and the right technology solutions in driving business success.