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Growth Enablement : Staff augmentation, process re-engineering, and automation

Nemesis Coffee

 Food & Beverage

Vancouver, British Columbia, Canada

Multiple cafes, ecommerce (retail & wholesale), pastry manufacturing, and coffee roasting.

Complex structure

Delayed financials & decisions

Manual processes

Growth slowdown

  • Nemesis is operated by multiple legal entities owned and controlled by the holding company.

  • With a diverse range of growing operations and a complex structure, maintaining accurate and timely financials was challenging, preventing effective decision-making.

  • Bookkeeping was manual, including tracking daily sales, inventory, payroll and taxes resulting in inefficiencies and delayed financials.

  • Above factors impacted profit margins and hindered growth and expansions plans.

Background
Key Challenges

Inventory Tracking

Tax Compliance

Cash Flow

Insights

Management Bandwidth

  • Inconsistent inventory tracking across multiple business units leading to over/under stocking that contributed to higher COGS.

  • Inaccurate and delayed financial close leading to stress, erroneous reporting, and risk of missing tax deadlines.

  • Difficulties in budgeting for seasonal fluctuations due to challenges with accurate cash flow forecasting.

  • In absence of detailed and timely reporting, there was a struggle to identify trends, areas of improvement, and real-time profitability across the business.

  • The Executives, especially the CFO, were drawn into day-to-day operations instead of making strategic growth decisions.

 Our Value Proposition & Results  

  • Integrated inventory with accounting software to enable real-time tracking and resulting in optimized procurement and lower COGS.

  • Developed and implemented a system to consolidate parent and subsidiary accounts, enabling real-time access to financial and performance insights for faster, data-driven decisions.

  • Reviewed and updated three years of financial records for accuracy and completeness.

  • Automated monthly financial reporting (P&L, balance sheets, cash flow), reducing time spent on manual tasks.

  • Enabled management to focus on growth and strategy, resulting in four new café openings in 18 months.

4 New Cafes

in 18 months

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