The Bowlo case study from Dexterous Group

Outsourcing finance function to Dexterous helps waning Sydney Bowls Club get back in the green

Leichhardt Bowling & Recreational Club is a lawn bowls club that offers a bar and bistro to Sydney’s inner west community. The venue offers live music, functions, events, and a children’s playground alongside its’ bowling greens. Recently, the club has promoted a variety of regular trivia nights and has transformed a bowling green into a relaxing alfresco space for their patrons to enjoy [a cold beverage].

The Situation

In 2018, the Leichhardt Bowling & Recreational Club was a modest business with a dwindling membership base. Despite the threat of a business sale and closure looming, the Club pursued its’ big dream of re-establishing itself as a key hospitality and entertainment venue in Sydney’s inner west. They wanted to reinvigorate ‘the Bowlo’ to reconnect it to the local community. But they knew big things needed to change within the business to make that happen.

Charged with a strategic focus to modernise the club and a need to grow its revenue, LBC simply didn’t have the internal team to get the job done. As such, in 2019 General Manager Sebastian Compton approached Dexterous Group for financial guidance and support to help run LBC. As the General Manager focused on developing and implementing new business initiatives to revolutionise the Club, Dexterous Group was entrusted with improving and managing LBC’s daily finance function.

The Solution

Firstly, Dexterous lead LBC’s digital transition from an antiquated financial software to the cloud-based, and up-to-date Xero suite. Xero offers banking integrations, seamless payroll, and Accounts Payable and Accounts Receivable functionality that advance LBC’s capability to run efficiently and effectively.

Armed with modern accounting software, LBC can now understand and analyse their financial health position immediately. With their business data always up-to-date, Management is in prime position to report accurate insights to the Board to empower smart and informed business decisions.

Further, Dexterous is responsible for managing LBC’s finance function by taking care of:

  • Monthly accounts payable, accounts receivable, and general bookkeeping.
  • Management reporting, cash flow forecasting and management.
  • Lodging the business’ tax requirements such as Monthly Instalment Activity Statements (IAS), Quarterly Business Activity Statements (BAS), and annual audits.

Ongoing Outcome

Today, Dexterous Group continues to oversee and run the everyday finance function of the LBC.
As of mid 2021, the Club is once again a profitable business that continues to grow its foothold in the local scene.

“Engaging Dexterous Group to take charge of our accounts whilst I focused on developing and expanding the business has been integral to our turnaround performance. Our accounts are solid, and we are hitting our business goals already – the future is bright for ‘the Bowlo’!”

– Sebastian Compton, General Manager, Leichhardt Bowls Club

Don't just take our word for it

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Dexterous Group offers really competitive and high quality packages that add great value to our business. Outsourcing our payroll and accounting functions has allowed us to concentrate on growing out business. I will happily continue to recommend Dexterous group to our clients.

BELINDA ROETS, Quality Connex

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I have worked with a lot of accounting service providers, and I can confidently say Dexterous are the best I have worked with. Your team are very responsive, and always have the client top of mind.

MARGARITA CLARINGBOLD, Virtual CFO

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Since Nick and the amazing team at Dexterous came on board, Harmony Build has gone from strength to strength. This is in no small way due to the additional time I have each day to concentrate on the business.

DOMINIC WILLIAMS, Harmony Build

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Dexterous Group has given us reliable, responsive and seamless accounting and bookkeeping services. The data and reporting that Dexterous Group provides has allowed us to be more customer focused as we have peace of mind that our bookkeeping and accounting function is in safe hands.

KRIS BUILD, CFO, SprintQuip

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Dexterous Group provides an efficient and transparent bookkeeping service. Their expertise in delivering accurate and focused monthly management reports has really identified ways to secure new business while keeping our resources lean and productive.

MIKE ROSENBAUM, CEO, Spacer

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We engaged Dexterous to provide our bookkeeping services and transition to cloud-based accounting software. Dexterous enabled us to transition to the cloud within a short time frame and in a very professional manner.

MARIVIN VAN STRALENDORFF, Carbon Reduction Institute

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As a start-up, it's extremely important for us to ensure we're getting the most value possible and we are in full control of our business costs.

MILLIE ZINNER, Motherhood App

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Dexterous Group’s expertise in compiling and presenting accurate and focused business insight reports has really helped WhiteSky Labs to identify ways to secure new business while keeping our own resources lean and productive.

STEVE WILSON, CEO, Whitesky Labs

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Dexterous has helped us have greater visibility over our team’s projects and overall business performance. Now we are able to make better business decisions efficiently and effectively.

ANDREW SABATINO, Donor Republic

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It genuinely has been of great help to me post-acquisition to have Dexterous’ support. Nick, you have a valuable cost effective solution for companies our size. Thank you.

MATTHEW JOHNSON, Sentral Head of Finance

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I do appreciate all the hard work and commitment of the Dexterous team and Kate is a pleasure to work with.

John Byrne, Neutral Bay Creative Activities Group

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We're part of your team

Dexterous Group is by your side. Our expert outsourced finance team provides the full spectrum of skills and resources you require to run an efficient and effective business. With a series of fixed-price packages on offer, you can easily scale up your support as you need.

Talk to us today about your business on 1300 996 928 or hello@dexterousgroup.com.au.