Outsourcing & Advisory Services
Effectively Manage Workloads And Gain Insightful Perspective All While Saving Time And Money
Outsourcing & Advisory Services
Even if you are fortunate enough to have a Controller or Financial Analyst on staff, their time will be rationed and limited while they handle a litany of other necessary tasks to ensure financial compliance and accuracy in transactional reporting. When this happens, the more strategic projects, FP&A analytics and sound forecasting and modeling take a backseat and get done hastily, if even at all. Do not let the most important piece of the stakeholder feedback requirement go undone…or worse yet, completed in a quick or half-hearted way. Our firm has over 20 years of experience dealing with the stringent requirements of private equity groups, private investors, as well as public stakeholders. Focused work on a clear and precise board presentation can make all of the difference in whether or not funding for key business initiatives will get approved…or even considered at all. Allow us to partner with you and your staff to help you put together something that will “Pop”…and clearly and concisely communicate just the right level of detail to drive the desired outcomes, moving your business forward in an upward trajectory.
Incentive Compensation Plans (ICP) Advisory Services
Has it been a while since you evaluated your incentive compensation plan? Do you know the Cost of Sales by sales representative (Including base salary, auto allowance/fringes, and earned incentive amounts) over a set period of time? This analytic, alone, is necessary to detect potential hidden issues which might exist within your incentive plans…or identify underperforming associates. You may be surprised what you are compensating certain members of your team, as a relative percentage of their revenue contribution back to your company. Remember, this percentage is a huge component of your overall gross and net profit margins. If this percentage is too high, it erodes margin you may need to cover other unavoidable costs critical to your business. You may be equally surprised that the optimal answer may not be to focus on paying these associates more or less explicitly...but rather change the nature of the incentive around to make it a “win-win” for you both. Whether you are considering fine-tuning your existing plan, considering a new plan drafted from scratch, or need to see how one type of plan stacks up against several other plan alternatives in a dynamic revenue or incentive assumption environment, we can ensure you arrive at the optimum Plan answer, by helping you to align your sales team’s goals with those of your company.
Outsourcing Opportunities
We Can Provide For You:
Bookkeeping/Write-up Services (Excluding Payroll)
Month-End Adjusting Journal Entries
Cash Flow Analysis & Statement Preparation
Cost Accounting & Rate Review
Budgeting, Forecasting & Financial Modeling
GL Account Reconciliations
Contract Review
KPI Reporting – Tool Building & Schedule Maintenance
Internal/External Financial Reporting Packages
Development of Internal Tracking & Reporting Tools to Help Automate Process
Ad Hoc Analysis - Graphing & Charting for Optimal Visual Presentation
Drafting PowerPoint Presentations for Internal/External Stakeholder Meetings
Incentive Compensation Plan (ICP) Advisory Services We Can Provide For You:
Review Existing Plan for Additional Opportunities or Weaknesses
Draft a New Incentive Compensation Plan from Scratch
Perform Dynamic Plan Comparisons of up to 5 ICP’s, With Flexible Revenue or Incentive Assumptions Modeled Out
Draft Appropriate Communications on ICP/ICP Changes for Sales Force
Track & Administer ICP on a Weekly/Monthly/Quarterly/Semi-Annual/Annual Basis as a Subscription-based Reporting Service
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