We are a long-time client of Nexis and during 2010 we spoke to about what we thought was a debtors issue in our business. Our cash flow was not where it should have been given the amount of work that we had on. We just weren't seeing the money in the bank. Nexis helped us by looking at our financial position and running the Profit Plus program on us.
They identified that the cause of the problem wasn’t that our money was tied up in debtors, but instead that profit had dropped off due to increasing costs of running the business. With that knowledge, Nexis helped us formulate a plan to renegotiate our rates with our large commercial clients. This was a successful exercise with the majority of them agreeing to an increase. Less than six months later, Complete Electrical returned to strong profitability.