Outsourced CFO, Controller and Accounting Department

Get the value of accounting specialists without the stress

In today’s world, every business 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 business needs more than the financial team of the past. You need an innovative yet practical team that can take care of today’s tasks while working with you — using the latest technology — to provide forecasting and deliver new visibility into your business to help make proactive, strategic decisions.

How we can help

At Wipfli, our team of advisors, accountants and financial specialists perform all of the day-to-day functions of an in-house financial team, without the cost and complexity.

Our team takes ownership of your company's finances, helping you:

  • Increase profitability
  • Maintain a growth trajectory
  • Achieve your financial objectives
  • Understand relevant information for effective business decisions
  • Achieve continuity and increase reliability
  • Strengthen your financial house with cash-flow analysis and projections
  • Protect the lifeblood of your business with procedure documentation
  • Prepare for your future with succession planning
  • Assistance with screening accounting professionals for your business

When you work with us, 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 weekly strategic calls with management
  • Identify opportunities to improve cash flow
  • Consult on debt structure and refinance opportunities
  • Identify redundancy and potential efficiencies
  • Analyze merger and acquisition opportunities
  • Assist with succession planning
  • Develop buy/sell agreements for businesses with multiple owners
  • 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
  • Administer 401(k) payments
  • Oversee employee expense reports
  • 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 customer invoices
  • Record customer 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 at a fraction of the cost of an in-house team. Through deep knowledge and innovative services, we optimize your day-to-day operations, protect your financial house and prepare your business for whatever the future may bring.

Respond, recover, revitalize
We can help you navigate the impacts of COVID-19.
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