iFocucsFinance’s additional services picks up where your Accountant or bookkeeper leaves off.
If you love your accountant or bookkeeper, and just need the additional help to take your business to the next level than this is for you. These services can be added to The Essential Package or purchased separately, so you only pay for exactly what you want and need.
COST MANAGEMENT & ANALYSIS
Our Cost Management & Analysis service is designed to help entrepreneurs/business owners maximize profit while minimizing cost. We do this by identifying feasible cost reduction methods that do not affect the quality of products sold or services provided to customers. In addition, we go to great lengths to analyze current expenses, understand key requirements and find solutions to meet your business goals. The value we offer allows your staff to stay focused on your business’ top priorities and key initiatives. In return, we deliver optimal savings and improve efficiencies for your business.
THIS PACKAGE INCLUDES
Optimize your business costs
Provide understanding around your fixed and variable costs
Development of cost standards for manufacturing companies
Analyze cost trends to ensure stable cash flow
Inventory management and analysis
THIS PACKAGE INCLUDES
Fully integrated financial modeling to support key decision making
Long-Term Strategic Planning
Forecasting, including balance sheet, cash flow and P&L forecasts
Budgeting, including establishment of ground-up budgeting process & methodology and template development
Pricing, profitability and gross margin analysis
Identify key criteria for variance analysis, highlight trends and recommend action
Link your strategy to an annual budget and long-range plan
FINANCIAL PLANNING & ANALYSIS
Looking for growth? Performing financial planning is critical to the success and growth of any business. It supports the business plan and sets forth a process to ensure the objectives set are achievable from a financial point of view. Adequate financial planning and analysis creates an understanding of how well you project your business and measures your success relative to that projection. The process is ongoing and should serve as a guide to running your business.
PAYROLL ONBOARDING & SUPPORT
Payroll is an essential function of any growing business. As an employer, it is your job to make sure your workers are compensated. From finding the best payroll system for your business needs to paying your workers, your responsibilities can be overwhelming. iFocusFinace is here to step in by meeting the following demands
Includes
Evaluation of workforce effectiveness and compensation plans
Provide and implement payroll system option
Develop payroll process and distribute employee wages
Conduct compensation analysis to ensure employees are paid fairly
Maintain financial records or employees
Develop and implement incentive plans (bonus/merit/commission)