Bad Accounting Destroys a Great Business

CASH RECONCILIATIONS: Know where you stand on cash.

CREDIT CARDS: Track spending habits for better performance.

DOCUMENT PORTAL: Effortlessly gather your bills, invoices, and other documents into an online portal.

2X DATA UPDATES: Get two touchpoints a month with your bookkeeper to ensure your details are in line for the end of the year.

BILL PAYMENT: Enjoy a clean and managed bill payment system using Bill.com.

INVOICING: Systematize your invoicing and get paid faster using Bill.com.

SALES TAX: Rest assured that your taxes are reported and filed accurately and on time. This service does incur $100 per return filed via Avalara only.

ASSETS: Monitor your most important purchases.

PAYROLL SUPPORT: Take care of your reporting of payroll from Gusto, ADP, Paychex, or Rippling.

DEBT RECONCILIATION: Get clarity on your larger obligations.

MONTHLY REPORTING SUITE: Lead confidently with monthly financial reporting.

2X FINANCIAL UPDATES: Get two touchpoints a month with your accountant to ensure your financial statements are accurate.

PAYROLL ADMINISTRATION: Offload the admin side of processing your payroll. This service will incur $150 per payroll cycle.

KPI TRACKING:  Execute on the five KPIs Ignite Spot has found are critical to a company's wealth. These are gross profit %, net income %, modified quick ratio, change in revenue over time, average days collections / payments. 

SEGMENT REPORTING: Analyze your business performance by department, project, or business line. Get a monthly report showing profitability per segment along with professional coaching to improve financial performance.

BUDGET TO ACTUAL REPORTING: We will create your business budgets each year, enter them into your accounting software, and then track performance and adjust budgetary plans monthly.  Your coaching calls will include a review of graded performance against the budget and how you can improve financially.

PROCESS & WORKFLOW DESIGN: Your Controller will dedicate 2 hours per month to the design of efficient accounting and business processes within your company. 

2X COACHING UPDATES: Get two meetings a month with your Controller. The first one is usually a check-in to ensure targeted focus, while the second meeting is an in-depth conversation to address financial strategy and review of the month.

CASHFLOW FORECAST: Design a lucrative future for your business.

CUSTOM KPI REPORT: Create and coach on custom KPIs specific to your business needs.

BREAK-EVEN ANALYSIS:  Ensure that your business maintains a healthy expense management structure.

COMMISSION / BONUS STRUCTURE:   Utilize profits and cash at year-end to appropriately pay out staff and owners.

CASH RESERVE MODELING:  Execute on a plan that generates healthy cash reserves for lasting company wealth.

2X STRATEGY UPDATES: Develop a plan to reach your financial goals. Get two touchpoints from your CFO each month!