About the Company
Essayees Atelier is a prominent design firm in India that specializes in high-quality projects with a unique aesthetic. The company was established in 2014, and since then, it has completed over 45 projects across the country. With its focus on creating spaces that are both beautiful and functional, the firm has earned a reputation for excellence in the industry.
One of the key strengths of Essayees Atelier is its ability to work on a wide range of projects, from luxury homes to commercial spaces. The firm’s portfolio includes several high-end homes in Kolkata, 20,000 sq. ft. penthouses in Hyderabad, holiday homes in Goa, and various luxury spaces in Mumbai. Each project is tailored to meet the unique needs of the client, and the firm prides itself on its ability to bring its clients’ vision to life. Essayees Atelier’s approach to design is based on a deep understanding of the client’s needs and preferences. The firm’s designers take the time to listen to their clients’ ideas and incorporate them into the design process. This collaborative approach ensures that each project is unique and reflects the client’s personality and style.Another factor that sets Essayees Atelier apart is its commitment to quality. The firm uses only the best materials and works with highly skilled craftsmen to ensure that each project is built to the highest standards. This attention to detail is reflected in the numerous awards that the firm has won for its work.In addition to its design services, Essayees Atelier also offers project management services to ensure that each project is completed on time and within budget. The firm’s project managers work closely with contractors and suppliers to ensure that everything runs smoothly and that any issues are addressed promptly.
As a result of its commitment to quality and excellence, Essayees Atelier has become one of the most sought-after design firms in India. The firm’s clients include some of the most prestigious names in the country, and its work has been featured in numerous publications and design blogs.Looking to the future, Essayees Atelier is poised to continue its growth and expand its portfolio of projects. The firm is presently constructing over 60,000 sq. ft. of commercial and residential spaces, and it is committed to maintaining its reputation for excellence and innovation in the industry.In conclusion, Essayees Atelier is a leading design firm in India that specializes in high-quality projects with a unique aesthetic. Its commitment to quality, attention to detail, and collaborative approach have earned the firm a reputation for excellence in the industry. With its impressive portfolio of projects and its commitment to innovation and growth, Essayees Atelier is well-positioned to continue its success in the years to come.
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Challenges faced by the company
Prior to its association with Savage & Palmer, Essajees Atelier faced several challenges related to their accounting processes. One of the primary challenges was the inefficiency of their accounting system. The firm relied on an accountant from another family business to manage their books of accounts. However, the lack of expertise in accounting and compliance led to inefficiencies in their financial reporting and record-keeping.
The process was not streamlined, leading to delays in decision-making and financial analysis. As a result, the accounting process was time-consuming and not optimized, leading to further delays. Moreover, the absence of a proper management information system (MIS) made it difficult for the firm to keep track of their financials and make informed decisions.
The lack of modern accounting tools and technology also posed a challenge for the firm. The outdated system was not able to keep up with the growing needs of the company, leading to further delays and inefficiencies. The firm could not access real-time financial information, which is essential for making critical business decisions.
Another challenge was related to compliance. The firm did not have access to professional guidance, which made it difficult for them to navigate the complex compliance requirements. The absence of expert advice increased the risk of non-compliance and the likelihood of facing penalties.
In conclusion, the accounting process for Essajees Atelier was not streamlined, leading to inefficiencies, delays, and compliance risks. The lack of modern accounting tools and technology made it difficult for the firm to keep up with the growing needs of the company. However, with the introduction of Savage & Palmer, the firm’s accounting activities were streamlined, and they can now take advantage of modern accounting tools and a comprehensive MIS reporting system. This has allowed Essajees Atelier to direct its attention to its core business activities and grow.
With the introduction of Savage & Palmer, Essajees Atelier’s accounting activities were streamlined. The accounting firm was able to identify the inefficiencies in their accounting processes and provide them with solutions to streamline their financial operations. The firm was able to take advantage of modern accounting tools and software, enabling them to have real-time access to their financial information.
The implementation of a comprehensive MIS reporting system by Savage & Palmer allowed Essajees Atelier to track their financial performance and make informed decisions. The MIS reports provided a clear picture of the firm’s financial health, including their income, expenses, and cash flow. This allowed the firm to identify areas for improvement and take necessary measures to increase their profitability.
Savage & Palmer also ensured that Essajees Atelier was compliant with all the applicable laws and regulations. They helped the firm in filing their taxes, obtaining necessary licenses, and maintaining proper financial records. This helped the firm avoid any penalties or legal issues related to non-compliance.Overall, Savage & Palmer’s expertise in accounting and compliance helped Essajees Atelier overcome their challenges related to accounting and financial reporting. With their support, the firm was able to improve their accounting processes, access modern accounting tools, and make informed decisions based on real-time financial information.
By entrusting its accounting and financial reporting responsibilities to Savage & Palmer, Essajees Atelier can now focus on its core business activities and grow with confidence. The firm can allocate its time and resources towards delivering high-quality projects and achieving its business objectives without worrying about the accounting and compliance aspects.
Furthermore, with the help of our expert team, Essajees Atelier is now able to leverage the latest accounting technology and tools to streamline its accounting processes. This has enabled the firm to achieve greater efficiency and accuracy in its financial reporting, which in turn has helped the management make informed decisions.One of the most significant advantages of the association with Savage & Palmer is the regular monthly MIS reports. These reports offer a comprehensive overview of the firm’s financial activities, including expenses, revenue, profit and loss, cash flow, and more. This information enables the firm to monitor its financial health and identify areas for improvement.The monthly MIS reports have helped Essajees Atelier gain insights into its financial performance and make informed decisions. It has helped the firm to identify areas where it can cut costs and increase profitability. The MIS reports have also helped the firm to keep track of its financial position and ensure that it is meeting its financial goals.
Overall, the association with Savage & Palmer has been a game-changer for Essajees Atelier, enabling the firm to focus on its core business activities and grow with confidence. With the expert guidance of Savage & Palmer’s team and the use of modern accounting tools, the firm can now achieve greater efficiency and accuracy in its financial reporting, and the monthly MIS reports provide a comprehensive overview of its financial activities, enabling the management to make informed decisions.