Sparring - A Legal Tech Company

Challenge

Sparring faced challenges in managing their finances due quick growth and resulting lack of real-time data and inefficient invoicing and collection processes.

Solution

Capila provided virtual CFO services, custom reporting, and back-office management to help Sparring improve understanding of their financial situation.

Our team set up efficient processes for invoicing and collections, streamlining Sparring's financial operations matching the size/stage of their organisation.

Capila provided comprehensive CFO consulting services, allowing Sparring to make informed decisions about their future.

Result

Sparring gained significantly better insight into their financial performance through access to real-time data and custom reporting.

Capila's services helped Sparring streamline their financial operations, freeing them to focus on providing high-quality legal & strategic services to their clients.

Sparring was able to grow their business and improve their financial performance thanks to Capila's services.

Sparring is a Law firm, strategic consultancy and LegalTech hub that provides services to businesses and individuals. With a focus on utilizing technology to streamline the legal process, the company was faced with challenges when it came to managing their own finances. The lack of real-time data and an inefficient invoicing and collection process made it difficult for Sparring to effectively manage their financial performance.

Capila stepped in to provide virtual CFO services, custom reporting, and back office management to help Sparring get a better understanding of their financial situation. Our team set up reporting to give Sparring access to financial data they had problem seeing before. This provided them with valuable insight into their financial performance and allowed them to make informed decisions about their future.

In addition, Capila also helped Sparring to streamline their processes, including the invoicing and collection process. Our team worked with Sparring to improve their invoicing and collection process, making it more efficient and reducing the time and effort required to manage their finances. This, allowed Sparring to focus on what they do best - providing high-quality legal services to their clients.

Overall, Capila's virtual CFO services and custom reporting capabilities have made a significant impact on Sparring's financial performance. Our team was able to provide them with real-time data, set up efficient processes, and provide comprehensive CFO consulting services, allowing Sparring to focus on their core business and grow their company.