Lohr was in need of a partner who could improve their internal financial processes and take over day-to-day tasks so the owners could focus on growing their business.
Polleo was using another outsourced accounting provider, but the partnership was clearly not beneficial to Polleo. Polleo’s income and expenses did not match up with the budgets monthly, and Polleo had no clear sense of whether they were meeting their projections.
Chimney & Masonry Outfitters had ambitious plans for growth, and they wanted to position themselves financially in the best possible way that would make those aspirations a reality. But they needed someone who could tell them how to get there.
Hughes approached Foster Results when the company needed help to complete their taxes for a year that was virtually missing from their books. Payroll taxes had also not been paid correctly, and there were significant issues with the company’s sales tax as well.
Dr. Hill was experiencing issues with accuracy of billing and reconciling his accounts. This impacted the financial health of his practice — and also created customer satisfaction issues.
VoCare had an in-house staff member handling their day-to-day accounting tasks, but important items were falling through the cracks. VoCare records had not been updated for over a year, their account balances were incorrect, financial records didn’t accurately reflect external investments and vendors hadn’t been paid for months.
While the previous owner managed the day-to-day bookkeeping needs, the new owner wanted to utilize the services of a partner with industry understanding so she could focus on what she loves – taking care of the animals.
Foster Results took Square 1’s financials back down to the studs to rebuild a financial foundation that would work cleanly and reliably.
When paying bills, filing financial reports and general bookkeeping began to detract from the time he spent with his patients, as well as his family, he knew it was time for a change.
As a fast-growing business with limited accounting expertise, it became imperative for TSI to partner with an outsourced, full-service accounting partner to alleviate the burden of day-to-day bookkeeping duties, including serving as administrator of their company payroll services.