Industries We Serve
We support businesses all across the U.S.
Don’t see your industry? No need to worry; this is just a sample of the diverse businesses we support. Reach out to see how we can help you!
The right accounting leadership
Get the right team to help take your business to the next level.
Professional Services
Key challenges:
- Cash flow and A/R process challenges
- The necessity to move from cash to accrual basis accounting
- Utilization metrics and insights
- Overworked accounting staff
- The gap between the day-to-day accounting team and the CFO
- Lack of operational KPIs
- Limited clarity on profitability and margin metrics
Nonprofits
Key challenges:
- Finding affordable talent; recruitment and retention of talent; finding a mission match.
- Turnover with a lack of SOPs leads to lost institutional knowledge.
- Fast-growing/startup nonprofits need the expertise to assess and clean up their books and build infrastructure.
- Audit support, we help you not fall behind in this requirement to keep your 501c3 designation.
- Cash flow concerns arise due to timing differences between contract spend and reimbursement
- Poor internal controls.
- When reporting is manual and excel based it is often not timely or actionable.
Technology
Key challenges
- Hypergrowth, little attention to accounting processes
- Cash flow forecast is lacking
- Many of the tech clients we work with built their accounting infrastructure when they were in start-up mode. As they’ve had success, their accounting needs have changed, which is where we can come in and assess their long-term goals and how their current accounting can be updated to accommodate recent growth.
Manufacturing & Distribution
KEY CHALLENGES:
- Cost accounting/job costing, clients do not have accurate insight into how to raise prices.
- ERP/Accounting system that can handle job costing properly with WIP schedules.
- Expertise with inventory issues and inventory management.
- Rising price or variability of inputs (raw materials, labor) vs stagnant outputs (price to customers).
Recovery & Wellness Centers
Key challenges
- Revenue recognition
- Insurance collection
- Tracking deductibles and copays
- Having accurate AR
- Tracking client payments and working with billing companies to collect faster
- Calculate contractual adjustment rates
Life Sciences & BioTech
Key challenges
- Hypergrowth, recently raised Series-A without accounting infrastructure
- Cap table management (including stock-based compensation)
- R&D tax credit – tracking expenses accordingly
- Building out a budget to effectively deploy money raised
- Treasury management
- Audit support
