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Accounting System

November 14, 2024 by
Al-Asar Consultants

MediCare Pharmaceuticals, a mid-sized pharmaceutical company based in Lahore, was growing rapidly, expanding its product line and increasing its distribution across Pakistan. However, with growth came growing pains, particularly in their accounting systems. Their existing system couldn't handle the volume of transactions and lacked proper financial oversight. Additionally, the complexities of pharmaceutical pricing, taxes, and regulatory compliance made things even harder for the company’s management team.

Al-Asar Consultants came in and overhauled MediCare’s accounting system. They implemented an integrated software solution that allowed real-time tracking of revenue, expenses, and inventory. They also worked closely with MediCare to ensure that all business taxes—ranging from sales taxes to corporate tax—were accurately calculated and filed. Most importantly, they helped MediCare stay compliant with the regulatory requirements of the pharmaceutical industry.

Thanks to Al-Asar, MediCare Pharmaceuticals now operates with a streamlined, automated accounting system that allows them to focus on their core business without worrying about compliance and financial accuracy.

Al-Asar Consultants November 14, 2024
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