Lightbridge has experience assisting professional sports organizations and venue owners in streamlining their back-office operations to reduce OPEX, accelerate reporting, and improve financial visibility.

We help organizations optimize personnel, systems, and processes across multiple lines of business, including, but not limited to: 

  • Ticket Sales  

  • Media  

  • Royalty  

  • TV  

  • Corporate Partnerships 

  • Suites  

  • Merchandise (POS and E-commerce) 

  • Concessions  

  • Non-League Events 

  • Real Estate Rental Revenue

  • Restaurant Retail

  • Memberships

  • NFTs

  • Parking

  • Camps

  • Foundation

  • Advertising (Social Media)

  • Content Sharing

  • League Proceeds

Our Process

Through our DRIVER road mapping process, we start by thoroughly understanding your business goals, including an analysis of corporate objectives like OKRs, conducting interviews with executive sponsors and project champions. We then proceed to perform a comprehensive analysis and impact assessment of current state systems, processes, and personnel. This process involves discovering and cataloging existing issues and delving into them through these areas.

  • 1. Issues impacting the generation of Marketing Leads 

    2. Issues impacting Attendance 

    3. Issues impacting Revenue 

    4. Issue resulting in excess Direct Expense (COGS) 

    5. Issues resulting in excess Indirect Expense (OPEX) 

  • 1. Issues impacting Net Promoter Score 

    2. Issues impacting Customer Experience (CX) 

  • 1. Data Reliability issues 

    2. Possibility for Manual Error issues 

    3. Data Completeness issues 

    4. Data Granularity issues 

  • 1. Data Security Risk 

    2. Fraud Risk 

  • 1. Sales inefficiencies delaying reporting 

    2. Venue Operations inefficiencies delaying reporting 

    3. Procurement inefficiencies delaying reporting 

    4. Controllership inefficiencies delaying reporting 

    5. FP&A inefficiencies delaying reporting 

    6. Analytics inefficiencies delaying reporting 

    7. IT inefficiencies delaying reporting 

    8. People Op inefficiencies delaying reporting 

    5. Issues resulting in excess Indirect Expense (OPEX) 

  • 1. Application Redundancy issues 

    2. Level of Integration issues 

    3. System Functionality Gaps issues 

    4. System Capability Underutilization 

  • 1. Accounting Audit Risk 

    2. Legal Compliance Risks 

    3. Tax Risk 

    4. Commercial Compliance Risks 

  • 1. Personnel misalignments 

    2. Personnel gaps 

After understanding business goals and cataloging, classifying, and scoring the impact of a comprehensive list of issues, we will assist the client in creating a roadmap and provide a proposal for Phase-1.  

Upon approval, we’ll assign a Senior Program Manager to oversee the entire effort, including the optimization of multiple systems and vendors, improving efficiency, and reducing client burden.  

Solutions can cover multiple systems, such as: 

GL/Accounting 

  • NetSuite 

  • Other ERPs upon request

CRM 

  • NetSuite 

  • Salesforce 

  • Kore Software

Budgeting / Forecasting 

  • Excel 

  • Workday 

  • NetSuite 

  • Oracle 

Financial Close 

  • FloQast 

  • Solver 

  • Prophix 

  • Vena 

  • Sage

  • Oracle 

  • Acumatica 

Data Warehouse & BI 

  • NetSuite NSAW 

  • Kore Software 

  • Azure 

  • AWS 

  • Snowflake 

  • Salesforce 

  • Tableau 

  • PowerBI

Travel and Expense Reporting 

  • SAP Concur 

  • Bill.com 

  • Certify 

  • Expensify 

  • Others upon Request

Purchasing 

  • NetSuite 

  • Coupa 

  • Tipalti 

HRIS and Payroll 

  • NetSuite 

  • ADP 

  • UKG 

  • Paycor 

  • Onesource 

  • ABI 

  • Ceridian Dayforce 

  • Ticketmaster 

  • Deel 

  • BambooHR 

  • Rippling 

  • Workday

POS and E-Comm 

  • Ticketmaster TM1

  • Archtics

  • API 

Integrations 

  • Workato 

  • Celigo 

  • Boom 

Contact us at Info@lightbridgesolutions.com to discuss how we can assist your organization in optimizing its back-office to reduce OPEX, accelerate reporting, and improve financial visibility.