The Smart Choice for…
Comprehensive Assessments
If you’re reading this, somewhere along the line you’ve thought:
Maybe I don’t have the right expertise on my accounting team.
If I only understood my numbers better I could make better decisions.
Can somebody just make my accounting work for me so I can run my business?
The good news is, you’re in the right place. The 30-day assessment period is our deep dive into the way your people, processes, and technology work together to support your accounting functions.
When you know what you need to run your company more effectively, Signature Analytics’ outsourced accounting is the smart choice.
Strategic Insights That Lead to Smart Decisions
Get the insights you need when you need them with Signature Analytics outsourced accounting
People, Process Technology & Reporting
The first 30 days of your Signature Analytics engagement are spent understanding your company goals, your industry, your internal accounting processes, what technology you’re using, and how efficient and effective your accounting systems are.
Then we create a roadmap and strategic go-forward plan and deploy a solution that strengthens your accounting department. You’ll have the right expertise on board taking the right actions at the right time to lead you to long-term sustainable growth and profitability.
People
Get the right people doing the right things at the right time.
- Understand existing clients’ staff roles, capabilities, and skillsets.
- Develop organizational chart recommendations that seamlessly incorporate the Signature Analytics team.
- Evaluate accounting team management or expertise gaps, training needs, and more.
Processes
Using the findings from your assessment we will address the gaps and build the right accounting processes for your business.
- Implement day-to-day process improvements
- Manage your accounting team
- Train for efficiency and accuracy
- Implement dashboarding
- Convert cash-based accounting to accrual (where appropriate)
- Revenue recognition & contract review
- Implement training processes for technologies
- Finalize month-end close process
Technology
Efficiencies improved, processes streamlined, costs reduced, and security increased.
Signature Analytics has an accounting technology team because we understand how critical your software systems and data flow are to achieving accurate insights into your business. The Financial Intelligence Technology (FIT) Team plays a critical role in the assessment process.
Our Financial Intelligence Technology (FIT) Team is made up of IT experts and developers who understand the ins and outs of accounting technology and how it integrates with other systems needed to run your business.
- Technology improvement recommendations with proposed solutions and outline the benefits for your business
- Workflow and process recommendations follow with supporting solutions and benefits
Reporting
Regular visibility into your financials so you can make better business decisions.
- Sophisticated financial reports delivered monthly
- Develop KPIs
- Actionable reporting that tells the story behind the numbers
Get it right the first time.
You know your bookkeeper can’t advise you on debt structure. It takes structure to get accurate data and having good people isn’t all you need. Strategic insights, regular reporting, a scalable team that can grow with you, and processes that help your existing team operate at a higher level. That’s the smart choice. The assessment process dedicates the first 30 days of every engagement to understanding your industry and your business structure so we can offer you the smart solution for your business.
Our Five Step Method
With the right people, right processes, and right technologies in place, your business can create scalable growth and profitability. Our 5-step method ensures we get you there.
Goal Development & Roadmap
We start with reviewing and understanding your business, including:
- Industry
- Business drivers
- Business goals
- Business concerns
- Immediate needs & priorities
Information & Process Validation
Our team does a thorough evaluation of your information and processes to ensure your business has the foundation for timely and accurate reporting:
- Understand existing team’s capabilities and skillsets
- Review existing information and structure
- Validate processes and implement new ones
- Refine how we will support the existing team
Day-to Day Accounting
With good people, processes and technology, we manage your day-to-day accounting processes including:
- Monthly close process
- Month-end close and financial statement production
- Documenting SOPs
- Audit Support
- Cash Flow Management
- Monthly management report
- AR/AP Aging reports
- Invoicing, collections, and AR management
- Inventory process development and setup
- Bank covenant requirements
We ensure that the numbers you base your decisions on are right.
Financial Reporting
To enable you to make sound decisions, we provide accurate, relevant and timely (A.R.T.) financial reporting that may include:
- Custom reports based on your business needs
- Profit and loss statement, balance sheet, and cash flow statement
- Monthly management report
- AR/AP aging report
This gives you the information to better understand your business and identify issues in a timely manner.
Financial Analysis & Support
Beyond standard reporting, we can provide business modeling and financial analysis to help you achieve your goals by providing actionable, measurable data, including:
- Utilization analysis
- Annual budgeting
- Breakeven analysis
- Client profitability
- Margin analysis
- Business-specific KPIs
Increase Profitability & Promote Scalability.
Start the process to improve accounting and financial information accuracy today. With an outsourced accounting team from Signature Analytics you get accurate, relevant and timely (ART) financial reporting that focuses on your growth and goals.
We go beyond the numbers to improve business performance to achieve your goals by building lasting relationships that take your business to the next level and help your team succeed.
Testimonials
Where others had failed in the past, Signature Analytics was able to come in and bring order to our financial information within the first month of our relationship. Signature Analytics has been proactive in all areas of our business, including introductions to other key business advisors, assistance with ongoing financing, development of Key Performance Indicators and projections, and analysis of ongoing cash management.
Signature Analytics has been wonderful to work with over the years. They’re always looking for new ways to help us and have become a trusted sounding board for new ideas. We have the type of confidence and trust in the Signature Analytics team to work independently without a lot of oversight. The Signature Analytics team has given us a wealth of knowledge and insight.
They helped a very understaffed, and thin budget organization really step into the 21st century, not just by getting the books in order, but really using the systems to help train staff and to kind of bring them into better management techniques. Signature Analytics put a bunch of processes in place for us. They brought in an HR consultant who works with us on a number of issues, and I couldn’t have done it without her or Signature Analytics. And she’s still with us. So it’s a real team effort as we strengthen the processes and procedures of running this organization that are now firmly in place.
They stopped being a vendor after we put ink to paper on the contract. It really became a partnership from start to finish. They integrated with who we are, but they were all business in getting stuff done and very much were thinking about our future and our well being as an organization. I felt very much like they were a part of my team. Plus my board’s ecstatic about what my finance guy is able to present because he can take Signature’s reporting and run with that. You can’t build your house until you put your foundation down, and what Signature did was put a foundation down that we can build on.
