<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1615816415302394&amp;ev=PageView&amp;noscript=1">
Contact us

SVA's ERP Financial Reporting System Benefits Frank Productions

"SVA Consulting not only came in and evaluated our software needs, they were able to tailor the entire project to the expertise, capabilities, and the time constraints for the accounting team."
Marla Meyer Frank
Former Chief Financial Officer
Client:
Frank Productions
Industry:
Hospitality & Event Management
Business need:
ERP Financial Software
Topic:
ERP System Updgrade
Services:
ERP Software
Platform:
Acumatica

A Growing Concert Promotion Leader with Increasing Complexity

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.

Managing Financial Performance Across Multiple Legal Entities

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 had been using for many years.

Selecting the Right Technology to Support Growth

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.

Enhanced Visibility, Efficiency, and Scalability

  • 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

Count on SVA as your strategic partner

Explore the capabilities that we use to solve your business problems and transform the way your organization functions.
See our capabilities

Ready to build a success story of your own?

Let’s chat! Just fill out the short contact form and our team will reach out shortly.
CONTACT US