Filling the Role of Your Accounting Department
Choose Hatcher CFO Services for Outsourced Bookkeeping & Accounting
Remove the administrative burden of the bookkeeping and accounting process so you can focus on optimizing other key aspects of your business. The expert handling of your finances by the team at Hatcher CFO Services ensures cost savings, increased visibility, and peace of mind knowing you’re receiving reliable financial guidance from seasoned professionals.
With the task of managing your company’s day-to-day finances out of the way, you’re free to allocate your time to developing innovative new products or strategically expanding your services - all of those things you were so passionate about when you first launched your business.
Hatcher CFO Solutions is able to fill the role of your entire bookkeeping and accounting department, expertly handling everything from billing, collections and cash management to tax accounting, financial reporting and the often dreaded month end close. Already have some of these tasks handled? Hatcher CFO Solutions provides tailored packages to meet the varying needs of your business.
BUSINESS SCALING, REPORTING & ACCOUNTING SOLUTIONS
Our goal is to provide you with the benefits and expertise of a full accounting team without the cost burden. All while offering the ability to scale as your business grows.
Billing and Collections: accurate and timely issuance of customer invoices and diligent collection services to ensure receivables balances remain low.
Daily Cash Management and Reporting: daily monitoring, tracking and reporting of cash balances for a real-time understanding of available resources.
Vendors and Payables: capturing and entering all vendor bills in addition to managing payment process, maximizing vendor terms and ensuring proper approval by all necessary parties prior to payment.
Payroll Processing: Review and analysis of payroll and timesheets to ensure timely and accurate payment to company employees and contractors.
Bank and Credit Account Reconciliation: monthly review and reconciliation of all bank and credit card accounts, ensuring all data is captured and agrees back to bank records.
Month End Close: accounting processes developed to ensure that all financial activity is captured in the monthly financial statements, revenue and cost of sales recognition are properly reflected, accounting accruals and adjusting entries have been entered, and all balance sheet accounts have been reconciled and reviewed for accuracy.
Monthly Financial Reporting and Analysis: preparation and review of standard financial statements in addition to customized analysis based on business type and needs (variance analysis, budget to actuals analysis, margin analysis, profit/cost center analysis, etc.).
Cash to GAAP Conversion: Looking for a loan? Do you have an interested buyer? There is a chance that you may need to produce GAAP or IFRS compliant financial statements. If you have no idea what that means that don’t worry but if someone has mentioned you needing any of these foreign terms we should talk.
Audit Preparation and Support: Going through an audit and need to ensure your books are ready to go? We work directly with your 3rd party auditor to ensure your books and supporting schedules are adequately prepared for a smooth audit with minimal adjustments. The audit preparation process not only ensures timely issuance of audited financials, keeps audit fees down due to efficiency and lessens the burden on internal staff to support audit requests.