It has become common practice for entrepreneurs, private businesses and non-profits to outsource accounting and financial services to ensure high quality work and reporting while reducing the cost of hiring staff. This growing trend is now one of the fastest growth areas for innovative accounting firms, such as Catalyst, who are adapting beyond year end compliance to meet client needs. Catalyst is proud to announce a new division, Catalyst Financial Operations (“CFO”), to meet this growing demand.
Catalyst Managing Partner, Terri Holowath states “Catalyst has had a history of being more than the Auditor or the Accountant for clients. We have a deep relationship with our clients that extends beyond year end compliance. The creation of CFO formalizes the services we currently provide and adds depth allowing us to expand our service offering.”
The service is customized to meet the needs of any client from data management to financial governance. It is most applicable to clients with expanding or changing operations that require more support for their financial needs. Catalyst experts can develop internal systems and financial projections, manage banking requirements, produce monthly reporting packages and oversee cash management and budgets. It can be a complete outsource of financial roles or Catalyst professionals will work with existing client staff. The solution is scaled to meet the client’s needs and clients pay for what they need in an affordable monthly fee.
“The need for this program was identified through several discussions with clients that needed more help throughout the year,” said Paige Shaw, Catalyst Partner. “It is the ultimate in flexibility without the commitment of hiring an employee.”
Our innovative systems and experienced advisors will save clients time, money, and the hassles of trying to oversee financial requirements themselves. This program is the catalyst for change and success that many private businesses need to be successful. Contact us anytime to learn about Catalyst Financial Operations.