This $30 million e-commerce company turned to Heath Advisory when they were in a tough spot. They had outgrown their previous controller, and other outsourced accounting resources hadn’t gotten the job done.
Making this an even more critical juncture? This e-retailer was in the midst of transitioning from reporting on a cash basis to an accrual basis, in accordance with GAAP (Generally Accepted Accounting Principles).
We hit the ground running. We began cleaning up the first year of accrual-basis books while at the same time helping the company to vet candidates to fill a critical in-house accounting role.
Meanwhile, we also worked with the founder and VP of strategy to develop a monthly reporting package. This monthly summary identifies KPIs so that all stakeholders understand the financial health of the business.
We continue to serve as this company’s fractional CFO and controller, as they maintain their growth trajectory.
This is just one example of how we have helped a company unlock its potential and thrive in its industry.
Learn how our fractional CFO and business advisory services can provide your company with that missing piece of the puzzle. Use the main nav to learn more about our background and services, or contact us anytime at info@heathadvisory.com.
