Financial Management for Professional Services & Project-Based Businesses

Our team of experienced professionals possesses an in-depth understanding of the financial intricacies that project-based businesses face daily. With Lavoie CPA by your side, you gain more than just financial expertise. We act as strategic partners, offering insightful financial guidance and planning that supports your decision-making process throughout each project’s lifecycle. Our focus is to help you make informed choices that lead to long-term growth and success.

Project-based businesses thrive on efficiency and flexibility, and we understand the importance of delivering accurate and timely financial data. Our tools and technology provide you with advanced analytics and reporting capabilities, empowering you to stay ahead of the competition and make critical project-related decisions with confidence.

We ensure that your operations are scalable, enabling you to take on more projects and expand your business horizons. By entrusting your financial tasks to us, you can focus on what you do best.

Contents

• Outsourced Accounting and CFO Services for Professional Service Businesses
• Focused Financial Solutions
• Benefits of Outsourced Accounting for Professional Services
• Partner with Lavoie CPA

Outsourced Accounting and CFO Services for Professional Service Businesses

At Lavoie CPA, we provide outsourced accounting services to streamline your financial operations, boost profitability, and reduce overhead costs. Embracing a comprehensive approach, we cater to your needs, encompassing operational accounting, payroll processing, management reporting, and budgeting. With our proficient experts and cutting-edge cloud-based accounting technologies, we enable you to dedicate your attention to delivering top-notch care to your clients.

Focused Financial Solutions

At Lavoie CPA, we boast extensive experience in collaborating with professional services providers and businesses, endowing us with invaluable insights into the industry’s complexities.

We take a proactive approach to offer solutions that effectively tackle the challenges you encounter. As a provider of financial services for the professional services industry, Lavoie CPA presents a diverse array of solutions tailored to address your specific requirements:

Financial Systems and Process Improvement

At Lavoie CPA, we conduct thorough assessments of your financial systems and processes to optimize their efficiency, accuracy, and compliance. Our team of experts keenly identifies areas for improvement, streamlines workflows, and introduces best practices, guaranteeing that your financial operations run seamlessly and flawlessly.

Revenue Cycle Management

Our team serves as your skilled navigators, handling billing, coding, reimbursement, and claims processing. We diligently optimize your revenue cycle processes, aiming to maximize collections, minimize denials, and enhance cash flow, ensuring a smooth and efficient financial journey for your organization.

Compliance and Regulatory Support

Remaining compliant with professional services regulations is of the utmost importance. At Lavoie CPA, we extend comprehensive compliance support, guiding you through the intricacies of complex regulations, including those from the FTC and beyond. Our expertise enables us to aid you in establishing robust internal controls, conducting thorough risk assessments, and ensuring strict adherence to industry standards, safeguarding your business’s compliance and reputation.

Financial Planning and Analysis

We offer strategic financial planning and analysis services that empower you to make well-informed decisions for your professional services organization. Leveraging the expertise of our specialists, we meticulously analyze financial data and assess crucial key performance indicators (KPIs). This enables us to craft comprehensive financial plans tailored to support your growth and profitability objectives, providing you with the confidence and insights necessary to achieve your goals effectively.

Budgeting and Forecasting

We assist you in creating precise budgets and forecasts that align with the distinctive requirements of your professional services organization. Our budgeting, forecasting, and KPI tracking expertise enables us to guide you in monitoring performance against budgets, identifying variances, and making necessary adjustments to financial strategies. By collaborating closely with us, you can effectively pursue your financial objectives with precision and confidence.

Advisory and Consulting Services

In addition to conventional accounting and financial services, we extend advisory and financial consulting solutions to bolster your long-term success. Our team is adept at providing valuable guidance on practice acquisitions, mergers, financial due diligence, and strategic planning. These services empower you to navigate growth opportunities with confidence and make informed decisions that pave the way for your organization’s prosperity.

Advanced Accounting Software Solutions

We strive to achieve the utmost efficiency and precision by harnessing state-of-the-art accounting software solutions specially designed for the professional services industry. Our innovative Accounting as a Service (AaaS) approach embraces cloud-based software platforms like Sage Intacct, Nexonia, and Bill.com Certified, all tailored to seamlessly streamline your financial reporting systems. These cutting-edge solutions provide a comprehensive suite of accounting, human resources, and administrative modules, granting you access to real-time financial information. By leveraging these tools, you can enhance your decision-making process and optimize revenue and expense management with ease and effectiveness.

Benefits of Outsourced Accounting for Professional Services

Partnering with Lavoie CPA for your outsourced accounting and fractional CFO needs brings numerous benefits to your professional services organization:

• Enhanced Efficiency: Optimize your financial functions by entrusting us with your accounting processes. Outsourcing to our expert team allows you to streamline operations, alleviate administrative burdens, and significantly boost overall efficiency.
• Cost Savings: With our outsourced accounting services, you can enjoy a cost-effective alternative to managing an in-house accounting team. Say goodbye to expenses related to recruitment, training, and employee benefits. Instead, you gain access to our team of seasoned professionals, ensuring efficiency and financial savings for your organization.
• Expertise and Insight: At the core of our services, a team of professional services accounting specialists brings extensive industry knowledge and expertise to the table. Through our guidance and valuable insights, we bolster your financial decision-making process, empowering you to achieve your strategic objectives with confidence and precision.
• Scalability: As your professional services organization experiences growth, our outsourced accounting strategies effortlessly scale to accommodate your evolving needs. With unmatched flexibility, we readily adapt our services to align with your changing requirements, ensuring continuity and seamless financial operations throughout your journey of progress.
• Focus on Core Competencies: By outsourcing your accounting function, you can concentrate on your primary strength—delivering top-notch professional services to your patients. With the weight of financial management lifted off your shoulders, you gain the freedom to allocate more time and resources to your core competencies, ensuring a focus on excellence in your field.

Partner With Lavoie CPA