University

Accounting Case Study: Fitzsimons Credit Union

April 9, 2020

efficient case study accounting inner thumb

Can you imagine reducing your daily processing time by 11 hours per month? Or streamlining processing by 85%?

Denver-based Fitzsimons Credit Union did exactly that and this case study explores how they increased efficiency and reduced errors by outsourcing their accounting to Aux.

“We found that it would be beneficial if we were to outsource some of our functions to increase expertise and gain efficiencies, as well as reducing costs. At the time, much of our staff were people that were promoted from other departments but were not heavily experienced in accounting.”

– David Erickson, [Former] VP of Finance, Fitzsimons CU

The issues, resolutions, and benefits discussed in this case study include:
1. Inefficient Daily Processes
2. Outstanding Reconciling Items & Unclaimed Property
3. Human Error

This unique study is must read for any credit union executive or accounting manager looking to increase efficiency in their accounting function.

Please fill out the form below to download the study.