Get the value of accounting specialists without the stress
In today’s world, every organization is facing the same dilemma: Financial management is more important than ever. But forming and maintaining your own in-house team is complicated, expensive and inefficient.
To succeed, your organization needs more than the financial team of the past. You need an innovative yet practical team that can take care of today’s tasks. A team that can work with you — using the latest technology — to provide forecasting and deliver new visibility into your operations. One that can help you make proactive, strategic decisions.
How we can help
At Wipfli, our team of advisors, accountants and financial specialists perform all the day-to-day functions of an in-house financial team — without the cost and complexity.
Our team takes ownership of your organization’s finances, helping you:
- Build the ideal financial processes for optimal efficiency
- Understand relevant information for effective decision making
- Remain compliant and audit-ready
- Achieve continuity and increase reliability
- Provide transparency to board, leadership and staff
- Protect the lifeblood of your organization with procedure documentation
- Prepare for your future with succession planning
- Assist with screening accounting professionals for your organization
We provide transparency, consistency and reliability. But our solutions aren’t uniform, out of the box. We work with you to ensure we’re filling your specific needs and addressing the specific challenges of your industry.
Breakdown of our services
- Provide financial analysis and strategic planning
- Create key performance indicators
- Analyze significant vendor relationships and trends
- Review cash flow forecasting with management and provide analysis
- Help management develop budget annually
- Train management on turning financial data into actionable insights
- Hold scheduled strategic calls with management
- Identify opportunities to improve cash flow
- Consult on debt structure and refinance opportunities
- Identify redundancy and potential efficiencies
- Assist management in the development of service contracts and grant applications
- Identify and advise on opportunities for revenue diversification
- Assist with succession planning
- Evaluate software and systems used to execute operations and strategy
- Provide full coordination of budget process
- Oversee action plans to address budget gaps
- Oversee your accounting department personnel
- Manage accounts payable and accounts receivable
- Supervise payroll processing and submission
- Offer best practices in classification and supporting documentation
- Identify revenue and expense trends
- Manage financial dashboard and key performance indicators
- Provide ongoing attention to the sufficiency of transactional documentation and ensure compliance with organizational or government standards and requirements
- Help develop an enhanced financial reporting package
- Document current roles to alleviate pain in turnover and identify efficiencies
- Analyze monthly budget to pinpoint areas of achievement and concern
- Assess automation and integration opportunities
- Download and monitor bank activity
- Enter vendor invoices
- Reconcile vendor statements
- Pay vendors and track Accounts Payable
- Download and monitor credit card activity
- Enter transactions from employee expense reports
- Create grant and fee-for-service invoices
- Record invoice payments and track Accounts Receivable
- Process and record payroll
- Submit 401(k) payments
- Prepare and submit sales & use tax returns
- Reconcile credit card and bank statements
- Record depreciation
- Track unbilled revenue
- Manage and store financial documents in the cloud
- Track and make adjustments to significant balance sheet accounts (e.g., prepaids, accruals and debt)
Contact us today to get the results you need. Through deep knowledge and innovative services, we optimize your day-to-day operations, protect your financial house and prepare your organization for whatever the future may bring.
Our team
Christina Klein Trapp, CPA, MST
Christina Klein Trapp brings over 25 years of leadership experience to our team. She has partnered with businesses of all sizes to realize creative, innovative financial solutions ranging from chief financial officer (CFO) and controller services to tax planning and business advisory solutions.
Amanda Flohr, CPA
Amanda Flohr is a senior manager in Wipfli’s Outsourced CFO and Controller service line. She specializes in non-profit organizations providing them with financial reporting, analysis and consulting. Amanda works with boards and executive teams consulting on financial statements and key metrics to guide them in achieving their mission. She focuses on maintaining proactive communication with clients to ensure they receive value-added consulting and planning towards the future.
