Project:

Frank Productions

Industry:

Arts & Entertainment

Technology:

Acumatica

Type:

ERP Financial Software

I would tell any business colleague who asks that
SVA Consulting is an incredibly efficient and professional team.

Marla Meyer Frank
Chief Financial Officer

THE STORY

Founded in 1965, Frank Productions is a full-service concert promotion company that provides world-class services for live entertainment events in every type of venue throughout the United States. The third-generation, family-owned business is headquartered in Madison, WI. Frank Productions and its seven affiliated companies produce hundreds of concerts each year, selling hundreds of thousands of tickets for national artists like Metallica, Red Hot Chili Peppers, Muse and Brantley Gilbert, as well as many regional and local artists.

Due to the continued success of the business over many years, Frank Productions has grown into an organization consisting of seven legal entities with an increased level of complexity.  It became significantly more challenging to adequately manage financial performance, project costs, accounts payable, cash management, fixed assets, and expense entries with the entry level software they have been using for many years.  SVA Consulting listened to their challenges and helped the management team navigate through the process of selecting a more appropriate solution. 

During the discovery phase of working with Frank Productions, SVA Consulting identified a number of areas that new technology and the processes around them could dramatically improve, including the financial infrastructure of the firm as well as the visibility into operations 24/7.

THE RESULTS

  • Improved visibility into the financial operations
  • Provided all managers 24/7 easy access to financial information
  • Streamlined and simplified transactions between the various legal entities
  • Reduced the amount of effort needed to perform month-end reconciliations
  • Improved audit trail
  • Provided scalability to easily add new companies as business opportunities present themselves

Learn more about SVA Consulting technology services