Case Study: Gastromatic
Gastromatic is a company based in Germany, specialising in personnel management software. Their tools are designed to help with staff scheduling in the catering industry and other sectors. With a team of over 120 dedicated employees, Gastromatic offers solutions to a wide range of customers, including media companies, hotels, holiday apartment operators and restaurants. Their goal is to make day-to-day operations easier with innovative services for businesses.
In recent years, Gastromatic has experienced substantial growth, thereby posting new requirements on the management. Specifically, the finance department's processes and structures needed to be professionalised to facilitate further expansion. As a result, the CFO, Kilian Stürmer, began searching for a sparring partner to acquire expertise and best practices for managing larger companies. NumberSquare was introduced to Gastromatic by one of their investors. As an expert in Finance as a Service, NumberSquare was able to meet Gastromatic's needs with a professional and customised offer.
NumberSquare developed a three-month workshop programme for Gastromatic, tailored to the company's existing knowledge and growth potential. We conducted various training sessions and hands-on activities, which helped the client learn about relevant financial topics and apply them to their business. The programme covered a wide range of topics, including working capital optimisation, treasury and liquidity planning, integrated financial planning, scaling of accounting processes, pricing in the SaaS MRR context, consolidation, optimisation of receivables management and financial tools implementation. After the intensive learning phase, NumberSquare continued supporting the CFO for six months as a sparring partner in optimising and scaling the company.
By working with NumberSquare, Gastromatic's CFO acquired extensive skills in financial modelling, process optimisation and liquidity management. The knowledge of financial metrics enabled the company to evaluate cost savings opportunities, identify potential cash resources and improve corporate structures. Therefore, Gastromatic was able to expand its operations to a greater extent.
The experts at NumberSquare provided us with customised workshops and ongoing support that helped us gain a better understanding of our financial processes and increase their efficiency. I highly recommend NumberSquare’s services to any founder or CFO who needs help with their current processes.
– Kilian Stürmer, CFO at Gastromatic
Startups and scaleups trust NumberSquare for financial guidance. Book a Discovery Call now to find out how we can help your company achieve greater efficiency, growth and success.
