Outsourced CFO, Accounting Systems and related processes

Problem
Client needed assistance organizing and on-going management for a division. Symptoms included: broken accounting system, little documentation, no management reports, broken process, Inter-company accounts unreconciled for years.

Client
Division of large international firm with 20+ offices worldwide.

Results
• Implemented new accounting system - online, resulting in management reports on-demand worldwide
• Formulated new processes for entire finance department
• Cash management [Treasury management systems, billing]
• Monthly on-site management, responsible to C-level at Corp HQ]
• Analyzed ownership structure with outside counsel, organized new subsidiary with full legal protections

Summary
Satisfied management, comfortable with finance, reporting and associated timeliness of information. Division growing at record pace, focused on growth.

Outsourced Management

Problem
Rudimentary back-office systems, no plan or direction. Firm requires temp COO for hands on strategic and tactical plan and implementation/

Client
S-Corp, began with less than 10 FTE's

Results
• Marketing plan designed and implemented [Website, marketing material, sales plan & process
• Operational systems in place [Business metrics, hiring and training plan for scale, projections]
• Flexible finance system in place, faster billing, ease of management = better cash flow
• Initial CRM in place, extensible CRM in rollout phase

Summary
Expecting 2nd year of 100%+ growth. Focused CEO, growth plan for next phase of company lifecycle.