Client Overview

Client Name: Afro Park
Industry: Event Management
Location: Ghana

Background

Afro Park is a vibrant event management company in Ghana that faced significant challenges in managing its financial operations. The manual accounting processes were cumbersome, error-prone, and time-consuming, leading to inefficiencies and frustration among the team.

Challenges

• Manual Accounting: The reliance on manual methods for tracking finances made it difficult to maintain accuracy and efficiency.
• Time Consumption: Significant time was spent on bookkeeping, detracting from time that could be spent on event planning and execution.
• Lack of Automation: The absence of automated systems led to delays in financial reporting and decision-making.

Solution

Afro Park discovered Built, a Ghanaian fintech solution designed to streamline mobile payments and automate accounting processes. Built provided a comprehensive suite of services tailored to meet the needs of businesses like Afro Park.

Key Features of Built:

• Mobile Payments: Simplified the payment process for clients and vendors.
• Automated Accounting: Reduced manual entry errors and improved overall accuracy.
• Real-Time Reporting: Enabled quicker access to financial data for informed decision-making.

Results

After implementing Built, Afro Park experienced a significant transformation in its financial operations:

• Increased Efficiency: Automation of accounting processes saved time and reduced errors.
• Enhanced Financial Management: Real-time reporting allowed for better cash flow management and strategic planning.
• Improved Client Satisfaction: Streamlined payment processes resulted in a better experience for clients and vendors.

Conclusion

The partnership with Built has enabled Afro Park to overcome its financial management challenges, allowing the company to focus on its core mission of delivering exceptional events. This case study exemplifies the positive impact of adopting innovative fintech solutions in enhancing operational efficiency and client satisfaction.