We Thrive On Problems
Every business owner has financial and operational blindspots, but it doesn’t have to be this way. Some of the most common business challenges we encounter include accounting information that is incorrect, financial reports that don’t provide any real insights, business performance dashboards that measure the wrong things, and Quickbooks accounting systems that are out of control.
The good news is, Blazer Solutions can help you overcome all these challenges.
Does This Sound Like You?
We take too long to close our monthly financial statements.
We cannot consolidate financials from multiple entities/systems.
We make decisions on old data that may be a month old or older.
We do not know how to develop financial models for new projects.
We cannot produce timely financial statements for owners or investors.
We do not know what third parties or vendors to hire for critical projects.
We have too many systems that do not communicate with each other.
We rely too heavily on Excel reports to uncover financial insights.
We do not have competitive benefits for employees.
We have the wrong people overseeing the HR function.
Challenges & Trailblazing Solutions
Accounting Challenges
Creating and updating budgets and forecasts of both profits and cash flows is imperative for a business to understand its cash position as well as financial performance expectations (i.e. expected annual net income). This can be done in Excel or we may want to consider other enterprise solutions to assist with this.
Financial Statement Close is an imperative part of any company’s back office processes. An efficient close should be 3-5 days and allow for near real-time reporting. Also, ensuring that operations is involved in relevant parts of the close process can ensure that operations and the finance function are aligned and your Company’s processes across all departments are functioning.
Many small businesses love Quickbooks, but fast-growing companies often discover they need more reporting and data analysis power. Whether you are using QuickBooks Desktop or Quickbooks Online, there are some powerful tools that can help do more. You can easily extract data, connect it to other data sources and deliver realtime reporting to management, employees, and/or investors that enable more informed and timely decisions. We have the tools to empower your QuickBooks users to transform QuickBooks data into actionable information that is always available and always current.
Back Office Challenges
Reporting can mean any number of things such as financial reporting, inventory analysis, supply chain management, etc. We utilize whatever systems you currently have along with Excel to help you develop more efficient reporting processes. We can also help you select new software solutions that can be integrated to give you a single source of the truth. Once this is accomplished, we can assist with dashboard creation and data visualization tools such as Power BI.
