Many business owners reach a point where managing the financial side of the enterprise becomes overwhelming – and is taking your focus away from running your business strategically. Usually, this is a good thing — the company has grown to a point where simple bookkeeping and basic financial reporting just doesn’t cut it anymore. To make smart decisions, your management team needs the right information – and fast. Do you have clear and reliable reports that show how your business is doing compared to last year, your goals, your competition and your industry peers?
Your business is ready for a CFO – but hiring a professional of this caliber usually takes an executive search firm’s help, weeks if not months of time to interview and select the right person, and then there is considerable financial compensation and onboarding before you see ROI. Most growing businesses, no matter how well funded, consider it one of their biggest challenges. DS+B has developed a team and process dedicated to this challenge, and is ready to help your business reach the next level. We call it CFO+.
As the name implies, CFO+ is designed to add what a Chief Financial Officer’s role would be at your company, by utilizing our team of accounting professionals and CPAs that is scaled and customized to your business needs. We create an outsourced and cost-effective “back office” accounting solution perfect for fast-moving business leaders and entrepreneurs.
CFO+ combines three services: Books+, Pay+ and Pro+ to create a complete, turnkey outsourced accounting “back office” solution for entrepreneurs and business management teams.
- Saves you time to focus on your business.
- Saves cost of an in-house staff accountant, or in many cases a whole accounting back office.
- Increases/improves the timeliness and accuracy of your financial reporting.
- Compare your business to industry norms, and the competition.
- Organizes/tracks your progress against your financial goals and Key Performance Indicators.
Books+ is a scalable, reliable and consistent bookkeeping and accounting solution that removes the burden of staffing and managing in-house bookkeepers, accountants and controllers. Reduce your costs and gain peace-of-mind to focus on your business. >Learn more.
- Bank statement reconciliation
- Financial statement package
- Month end close
- Payroll and sales tax support and compliance reporting
Pay+ is a complete workflow solution to simplify and streamline each step in your accounts payable process. In addition, DS+B provides you with ongoing guidance to help you better manage your cash flow. We combine the convenience of online bill pay with the added service and support from our accessible team of CPAs. >Learn more.
- Accounts payable / receivable processing
- Unlimited online storage of scanned, emailed or faxed bills, contracts, etc.
- Automatic routing of bills for internal approval
- One-click payment of bills via check, or electronically via ACH
- Checks and electronic payments are sent with full voucher/remittance information
- Setting permissions and security so the right people can view, approve and pay bills
- Ability to view the status of any bill, anywhere, anytime – online or mobile
- Online access to all cleared checks – searchable by customer/invoice number
- Automatic sync of vendors, bills, and payments with your accounting software
Pro+ is professional financial management powered by Key Performance Indicator dashboards, software integration and our team’s CPA guidance to help your business achieve its financial goals. Our outsourced CFO-level services are integrated, aligned with technology and built right into your business to scale with you. Gain the insight you need, instantly, to see your company’s financial health, in real time, and make strategic decisions to increase profit, improve cash flow or gain efficiency. >Learn More.
- KPI Dashboard design/build and ongoing tech support
- Financial projections and trends
- Budgeting and goals
- Financial analysis
- Margin analysis
Where do you begin? That’s where we come in.
Contact us today to discuss your business goals and to learn how we can support you with outsourced accounting, tax and CFO advisory services, dashboards and other financial management tools.