Are these situations similar to yours?
- Organization has a desire to grow in terms of revenue and profitability, but cannot get accurate and reliable financial information from its accounting department to support critical decision making.
- Company seems to be profitable and generates positive cash flow, but it never seems to be enough to pay the current debt service and operating costs
- Company has a current controller in place, but questions whether they are the right person for current and future needs.
- Accounting department has a less experienced staff who has the ability to step up but needs supervision, training and mentoring.
- Company cannot close its books in order for the Company’s accountant to produce financial statements required by a third party or investors and to prepare federal and state tax returns
- Cash flow forecasting is needed to run the business and correctly position for the future
- Operation and or manufacturing system information is not being utilized properly which is causing issues in the reporting of gross profit figures
- Companies cost structure does not support the revenue generated and more sophisticated analysis is needed to make good sound business decisions
- Multiple locations that need standardization from an operational and financial reporting perspective
These are just a few of the situations where organization can benefit by hiring a part time outsourcing professional instead of hiring a full time CFO/Controller. The costs of this service are affordable by many small and mid-sized companies.
Innovative Financial Services approaches each engagement as if we are also the owners of the business which gives us a unique perspective to client service and the value we provide. We work with the business owners, by rolling up our sleeves and taking a hands on approach to each or our client’s needs.
That partnership and our approach is our differentiator.