Success Stories Rick Perrin B2B CFO Partner
Oct 02, 2012
Large Marine Client: Developed a comprehensive financial model to analyze and improve the company and it's five lines of business. We identified problem areas and are developing focused plans to improve them. We are implementing their first real budget and also are working together to document and improve workflow processes in several operational areas.
$20MM+ Manufacturer: We brought accounting in-house from outside CPA in two months. We developed and implemented new costing practices which are being used to identify and improve low margin products. Pricing models and strategies were developed for improving profitability and sales of large engineered to order projects. We are now developing strategies for significant growth.
Fast Growing Pharma Client: Revised financial reporting so management understands financial metrics of the business and where to focus improvement efforts. Designed and built a comprehensive costing model for pricing out projects to ensure profitability, identify good and bad projects and drive increased sales. Built a budget to help reach financial goals.
$36MM Manufacturer/Distributor: $2+MM in Two Days: Saved the company over $2 million in the first two days on site by analyzing the business and stopping them from making a huge financial mistake. Created a complex financial model to save a contract and line of business. Also, created a financial model which identified financial drivers and provided the CEO and CFO with a roadmap to profitability (and stop $150K+ in monthly losses).
Professional Services Firm: Provided financial and advisory services to help turn the company around.
Multi-Location Warehouse/Services Firm: Built a financial and costing model to identify financial drivers and calculate overhead rates including storage and handling rates for each type of product offering; it is being used to improve pricing decisions and profitability.
$30MM Manufacturer/Distributor: Managed financial aspects of transition from a joint venture to a stand-alone operation. Secured financing, set up systems and directed accounting operations.
Engineering Consulting Firm: Installed a complete financial management program including product line profitability statements, development of overhead rates, quoting and pricing programs, monthly operations and staff productivity reports, forecasting tools and a tax management program. Owners gained a complete understanding of the financial dynamics of their company to compete better and increase profitability.
Non-Profit Operator of 3 Medical and 3 Dental Clinics: Developed a financial model to analyze financial operations and calculate financial metrics for improving company profitability. Revamped numerous accounting practices to improve accuracy and efficiency and help their CEO, CFO and Controller gain a much better understanding of operational profitability. Developed a site model for creating pro-forma P&L's for new potential locations. Identified and recovered over $250,000 in billings not paid by the State. Provided valuable insight and advice to the CEO.
Large, Growing Non-Profit: Developed a tool for the Executive Director to manage the budgets and personnel and cost allocations for all programs (including a new $5MM state-wide program) for this $20MM revenue non-profit. Led the effort to find a new accounting and project managment solution to manage a large new program. Provide on-going financial counsel and assistance with improvements in the accounting function.
Financial Services Company: Completed a customer/pricing analysis with recommendations, leading to new pricing strategies and increased sales. Built a profitability model and a model to analyze acquisitions. Built a financial model and dashboards to analyze monthly operations and montior KPI's and financial metrics.
$9MM Specialty Contractor: Developed and implemented job costing strategies and programs for analyzing and improving profitability, a financial reporting system for better understanding profitability and improving cash flow and implemented a perpetual inventory system to control inventory.
Commercial Contractor: Created a financial model to analyze operations and automatically calculate overhead rates for improved pricing decisions. Built a quoting model to improve the quoting process which gave management a better understanding of the financial and cost impact of jobs bid.
Manufacturing Company: Provided business advice to the owner, developed financial analyses, job costing and reporting systems, assisted with financings and multiple product line acquisitions. The work helped the company to reach the Inc. 5000, one of the fastest growing firms in the U.S.
Large Health Care Provider: Analyzed the entire purchasing function of the multi-site organization and provided recommendations leading to efficiency improvements and cost reduction.
Multi-State Document Security Company: Designed and implemented management reporting systems and budgets, assisted with strategic planning and financial strategies for roll-ups with synergistic companies.
Van Mell Associates.com: As the financial team member of Van Mell Associates, helped a number of well known Madison organizations develop their important goals and annual business plans.
Every Company, Regardless Of Its Size, Needs A CFO.
Who is your CFO?