The Client:
Edu-Tech Academic Solutions offers a unique blend of educational technology support, planning, and management, specifically serving independent schools across Pennsylvania, New Jersey, Maryland, and Delaware. The company differentiates itself by building long-term strategic partnerships with its clients, focusing on fostering lasting relationships. Edu-Tech’s integrated service model leverages a team of trained technicians and educators with hands-on academic experience, empowering independent schools with sustainable and innovative technological solutions.
The Challenge:
Edu-Tech’s initial partnership with RKL began with tax compliance and planning. As the relationship grew, the leadership team realized there was an opportunity to outsource their accounting and financial management. The company president, who was managing the day-to-day financial operations, found himself spending significant time on tasks like reconciliation and invoicing, rather than focusing on broader strategic goals. Additionally, Edu-Tech was in search of a new payroll provider.
The RKL Approach:
RKL’s Accounting & Financial Management team worked closely with Edu-Tech to transform their financial processes. The team consolidated manual spreadsheets, QuickBooks data for AP and AR, and other financial tasks into an automated, streamlined approach. This allowed for efficient, turnkey reporting and monthly reviews, eliminating time-consuming manual processes.
When it came time to select a new payroll provider, Edu-Tech issued a request for proposal to several firms. RKL Virtual’s HR and Payroll Solution stood out for several reasons. First, Edu-Tech already had an assigned RKL Virtual team dedicated to supporting their organization. Second, because Edu-Tech was already working with RKL’s Accounting, Financial Management, and Tax teams, they saw significant value in consolidating all functions under one roof, ensuring smooth communication and eliminating the need to bridge gaps between different service providers. RKL Virtual’s internal collaboration allowed them to seamlessly share data, insights, and information, providing a cohesive and efficient experience for Edu-Tech.
The Results:
For Edu-Tech, having all their financial and payroll needs managed by RKL Virtual has been highly advantageous. The company has saved time, energy, and resources. With bookkeeping and payroll management off the president’s plate, he can now focus on operations, strategic planning, and client acquisition/retention. The seamless integration of data across platforms has enabled the highly experienced RKL team to collaborate effectively behind the scenes, offering proactive advice and guidance to ensure Edu-Tech’s continued financial health.
To learn more about how RKL Virtual can drive real results for your organization, send us a message or contact one of our local offices.
