Whatever your goals
ACCOUNTING & FINANCE MOVE FROM DEBITS AND CREDITS TO INFORMATION
It is common for companies to provide financial statements, however, most do not provide actionable data. Whether your need is revenue growth or expense reduction, we have the experience to help you reach your goals.
ACCOUNTING Let us do your accounting for you so you can focus on your core business. We provide QuickBooks Online accounting support so you can have access to your financials from anywhere. We will provide you with a monthly P&L sheet so you can see where you stand.
AP & AR Tired of hassling with bills and invoices? We can take that off your hands to make your life more hassle free.
TRENDS & FORECAST Trend and forecast reporting is critical to a CFO. We can help you set-up contemporary reporting that can help track key performance indicators (KPIs). In addition, one popular service is our financial forecasting reports. Financial forecasting is a foundation tool of all Fortune 500 companies for a reason. Let us help you set-up yours.
CHART OF ACCOUNTS & REPORTING Chart of Accounts build the foundation for sound reporting. But most are hard to follow providing challenges to trend reporting. We can help you update your Chart of Accounts and add helpful trend reports.
EXPENSE MANAGEMENT Unmanaged expenses can get out of control. Let us help you find ways to reduce your expenses. Our team has years of experience.
CASH & DIVIDEND MANAGEMENT Effective policies will balance the demand for cash reserves, capital reinvestment and dividends. Let us show you the successful outcomes other clients enjoy.
RECONCILIATIONS We will reconcile your accounts every month so that you know exactly where you stand. We can manage multiple bank accounts, credit card accounts and merchant service accounts.
CASE STUDIES
Problem: This regional commercial real estate company didn’t have an effective way to track and compare expenses.
Recommendation: Trenton installed Key Performance Indicator reporting (KPIs) to better track the relevance to expenses.
Result: Our client began to report expenses on a per sales team basis giving relevance to spending priorities.
Problem: This regional law firm needed help managing expenses.
Recommendation: Trenton began by reviewing all expenses. In our research, we found that their call center expenses appeared high. After researching, we found that the staff were all full time when most of the volume of calls occurred between 10-2.
Result: The firm changed staffing to a mix of full-time and part-time staff reducing expenses $750,000.
Problem: This national manufacturer needed help forecasting and managing cash.
Recommendation: Trenton began by implementing our financial forecasting model including Profit, Cash and FTE forecasting. This change highlighted the need for an updated chart of accounts. Once in place, we created policies for taxes, capital investments, bonuses and distributions.
Result: Reduced board tensions regarding cash management and planning.
Problem: This mid-sized local plumbing company wanted to know how they were performing financially as compared to their competitors.
Recommendation: Trenton imported historical financial information into a national benchmarking database.
Result: Benchmark reports allowed the plumbing company to adjust margins and infrastructure investments to compete with confidence against competitors.
Problem: This regional professional services firm was reluctant to invest in infrastructure.
Recommendation: Trenton began by preparing a financial forecast based on recent company history.
Result: Once the firm recognized that actual revenue was aligning with forecasts, they felt comfortable spending on needed infrastructure projects.
