SIAP Archives -

Real-Time Reports, Weekly Recommendations, & The Power of Partnership —Succulent Hospitality Narrative Case Study

Written by Allison Miller on December 21, 2020. Posted in Trusted CFO Solutions Blog Posts.

Trusted CFO Solutions specializes in working with restaurant groups. One of our wonderful clients, Succulent Hospitality, shares below about their experience working with us and how that’s helped them strengthen and grow their business.

Succulent Hospitality houses three restaurants in the Atlanta area: Hammocks Trading Company, Under the Cork Tree, and Prime 120.

From their own words below, you’ll discover how we’ve helped the owners save time through real-time visibility reporting that shifts the burden from top-down leadership to a state where all leaders and managers know the same numbers and can act accordingly. We also discuss how Trusted CFO Solutions leverages the power of Sage Intacct to deliver the data with relevant recommendations on a weekly basis. It’s a favored engagement that has evolved into a powerful business partnership.

What Is Financial Consolidation And How Can It Help My Portfolio of Businesses?

Written by Allison Miller on December 2, 2020. Posted in Trusted CFO Solutions Blog Posts.

Are you still working with Quickbooks and Excel spreadsheets, emailing back and forth, with countless employees working late to finish month-end financial reports only to find all the numbers changed the following morning? What about those problems you’ve had when finding errors weeks later?

Are all the companies in your business portfolio cobbled and thrown together, making it difficult to know the health of your companies? By the time you’re ready to pivot the company, are your reports already dated?

Increasing the Value of Your Private Equity Fund to Investors Through Real-Time Reporting

Written by Mark Byrd on November 2, 2020. Posted in Trusted CFO Solutions Blog Posts.

“Yield is the product, reports are the wrapping paper”

Private Equity fund managers have always had a difficult job. It’s not easy raising several hundred million dollars from Limited Partners – and that’s just the first step.

server bringing out drinks on a metal platter

Hospitality Finance Leaders: Join Us For A 4-Week Online Series

Written by Allison Miller on September 24, 2020. Posted in Trusted CFO Solutions Blog Posts.

Share Information and Best Practices with Your Peers!

Join us (and Sage Intacct) for a complimentary 4-week online Hospitality Hangout for finance leaders.

In this series, we will discuss up-to-date industry insights, as well as strategies to gain real-time visibility plus other tips for navigating turbulent times.

We invite you to mark your calendars and join us on Thursdays for four weeks beginning October 1 at 11 am PDT / 2 pm EDT.

Lean Into Proactive Communication & Ongoing Opportunities To Experiment

Written by Trusted CFO Solutions on August 11, 2020. Posted in Trusted CFO Solutions Blog Posts.

As a cutting-edge organization, the newness of our approach to business in the past decade has been challenging to teach to prospective and actual clients. Because of the crisis, the value we provide has become apparent to our customers even though it’s been available. Thus, the crisis has illuminated the clear value propositions of companies working with us.

In retrospect, this season has been a lesson learned for us on how we can better communicate the value we deliver to our clients going forward.

Does Your Company Have A Real-Time Reporting Competitive Advantage?

Written by Trusted CFO Solutions on July 24, 2020. Posted in Trusted CFO Solutions Blog Posts.

In A Crisis, What’s the Competitive Advantage Real-Time Reporting Delivers?

We’re in a season where exceptions to the rule are quite common. For example, landlords are giving companies months of free rent. How is your business reporting on this discount and how are you keeping it in the front of your mind so you don’t lose sight of an expense that will come back later? Making it relevant today is now important.

When Transitioning To A Cloud-Based ERP System, Your Guiding Partner Matters Most

Written by Trusted CFO Solutions on July 21, 2020. Posted in Trusted CFO Solutions Blog Posts.

If Our Business Is On An Archaic ERP System, Is There Hope To Transition To A Cloud-Based Solution?

The guiding partnership in a transition will dictate the ease, relevancy, and success of your digital cloud ERP transition. How much help your business needs depends entirely on the specific requirements of your business.

Prosper or Perish #9 — Webinar On How We’re Making A Difference As We Help Our Clients Reopen Their Business

Written by Steve Gross on June 8, 2020. Posted in Trusted CFO Solutions Blog Posts.

PROSPER OR PERISH #9 by Stephen Gross. Click here to read past issues.

The system is overwhelmed, companies are failing, and unemployment is high (while it continues to escalate). In this webinar, Steve shares with the TCFOS team about the reality of the new COVID-19 economy, and what Trusted CFO Solutions is doing to help its clients emerge stronger.

Each of our clients will go through a difficult process. We’re helping them to survive, so they have future choices. We’re also helping our clients adapt to the new circumstances to succeed in the new economy. Finally, we’re supporting our clients through their reinvention process so they can prosper during and after the chaotic marketplace transition.

Trusted CFO Solution’s Curated Guide to Sage Intacct Resources

Written by Allison Miller on March 2, 2020. Posted in Trusted CFO Solutions Blog Posts.

Trusted CFO Solutions is committed to helping you save time and money in your business. Through our partnership with Sage Intacct, we have access to countless resources, but because of the volume, it can be overwhelming to sift through them down to what is relevant to you.

To propel your business we’ve compiled a select listing for our readers and clients. Click on the links to view.

Our Year In Review — 2019 Highlights For Trusted CFO Solutions, Our Clients, & The Industry

Written by Trusted CFO Solutions on January 20, 2020. Posted in Trusted CFO Solutions Blog Posts.

How Failing Bank Compliance Can Stunt Your Restaurant (or Franchise) Growth and What to Do

Written by Trusted CFO Solutions on June 18, 2019. Posted in Trusted CFO Solutions Blog Posts.

In 2016, a restaurant client with three locations elected to purchase the real estate for each site. The moment they got a new loan and closed the purchase, it propelled them out of compliance with their bank covenants. At that point, they learned the banks would no longer loan them money to build the next three stores planned for the following year.

Are You Ready to Regain 50% of Your Time & Add More Money To Your Business?

Written by Court Ault on March 11, 2019. Posted in Trusted CFO Solutions Blog Posts.

As a CEO or CFO, you want to significantly increase the efficiency and function of your finance department. Imagine what you could do if you regained 50% of your time and saved your company thousands of dollars?

If your company suffers from any of the following financial pain points (or related deficiencies), it’s time to talk with Trusted CFO Solutions and explore our alliance with Sage Intacct.

How We Integrate The Expense Report Software, Tallie, With Sage Intacct

Written by Trusted CFO Solutions on February 4, 2019. Posted in Trusted CFO Solutions Blog Posts.

What Is Tallie?

Tallie is the accounting industry’s preferred expense report software solution. In mid-2017 the investment firm K1 invested over $125 million to form the largest independent expense management software company. The company merger brought together expense management software leaders Certify, Nexonia, ExpenseWatch, and Tallie.

Tag: SIAP

Share Information and Best Practices with Your Peers!

In A Crisis, What’s the Competitive Advantage Real-Time Reporting Delivers?

If Our Business Is On An Archaic ERP System, Is There Hope To Transition To A Cloud-Based Solution?

What Is Tallie?