The Process
Simplification Study
A Simplification or Feasibility Study is necessary because every organization is unique with different systems, goals,
processes, requirements, and opportunities. This is not a cookie cutter offering. The goal of the Simplification Study is to
lay out a road map and pricing to reach the monthly maintenance phase by gaining an understanding of the client’s current
processes, reporting needs / wants, and opportunities to add value. A Simplification Study is usually 1-2 days of field work
consisting of staff interviews (as applicable), gaining access to applicable software, analyzing transactions and processes,
etc.
Implementation
Implementation is only needed if there are significant process modifications and or clean up needed to move towards the
monthly on-going service phase.
On-Going Service
A flat monthly service fee that can include services for bookkeeping, financial reporting, cash expenditures, invoice
drafting, document retention, cash forecasting, earnings projections, etc.
Factors that affect ongoing monthly pricing include the number of monthly transactions, number of monthly
reconciliations, job costing complexity, financial reporting requirements, KPI’s, labor allocation complexities, number of
monthly cash expenditures, number of monthly client invoices to be drafted, etc.
Consulting
In addition to the monthly On-Going Service, a client may need additional consulting services and one-off ad hoc projects.
The Payoff
-
Spend more time in your “zone of brilliance”, growing and running the business, living life, and less time on administrative functions. -
Improved controls through segregation of duties, redundancies, and process automation.
-
Level-up with timely, reliable, and actionable financial reporting, improved cash controls, and streamlined processes.
-
Save money by only paying a fraction of the price of a full-time accounting staff while enjoying the benefits of a world-class accounting department and financial concierge.
