We are your Fractional CFO, Controller, FP&A, Accounting and Financial Consulting resource.
Are your financial records clear and accurate?
Do your financial statements strengthen your credibility with outside investors?
The lack of solid finance and accounting practices or the failure to maintain proper financial reporting can undermine your business’s credibility, growth potential, and its survival.
At Ascent Financial Consulting, we can help you answer questions about your financial records and operations with confidence. We are the difference you’re looking for and can help you as you ascend and grow. We are your strategic partner for fractional CFO, Controller, FP&A, core accounting, and financial consulting services.
We work with our clients as external consultants or seamlessly integrate within existing finance and accounting functions, ensuring minimal disruption to daily operations. With deep experience and knowledge of in-house corporate processes and best finance and accounting practices, we can assess and identify problems, gather data and provide solutions, and optimize your finance and accounting operations and capabilities – towards strengthening your company’s financial foundation.
Are you having difficulty securing funding or do you plan to seek funding soon?
Do you have the right financial resources in place?
Stabilize > Align > Optimize
Investors expect clear, detailed, and accurate financial records.
Unclear, summarized, and inaccurate financial statements lead to skepticism about a company’s viability and difficultly in securing funding. For any organization, the ability to grow and ascend depends on strong financial infrastructure in the form of optimal financial and accounting systems and accounting that is accurate and expertly maintained to support good data and financial reporting.
We understand finance operations because we’re operational consultants with broad, prior experience working in-house for companies just like yours. With deep experience advising technology companies at various stages in their lifecycles, from startup and emerging growth companies to mature, IPO-ready corporations, Ascent Financial Consulting can assist your company in building a solid financial foundation using the following approach:
Stabilize
To make stable, steadfast, or firm
Do you have a clear picture of your company’s cash flow?
Are you having problems forecasting cash, revenue, and expenses?
If founders don’t have a clear picture of their cash flow, their burn rate isn’t known, and they risk burning through capital faster than anticipated.
Incoherent finance and accounting practices make it hard to predict runway length or identify when additional funding is needed, leading to a potential liquidity crisis.
At Ascent Financial Consulting, we provide stability to your accounting and financial practices by future-proofing your financial operations. We have broad-based experience to bring immediate improvements to your back-office function through the following services and insights:
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Trouble-shooting and future-proofing the accounting and underlying financial data to ensure the highest level of accuracy and technical compliance with GAAP.
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Introducing key financial tools such as the 13-week cash forecast to understand cash burn rate and runway and the budget and financial model to better plan for the future.
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Increasing visibility and clarity of financial data and processes by stepping in as an outsourced Fractional CFO or Controller to fill critical roles and provide experienced, additional execution support to existing teams.
Align
To give support to or to bring to a state of agreement
Do you have visibility into key KPIs and metrics?
Are your financial systems aligned with the needs of your stakeholders?
The inability to track key performance indicators leads to misguided strategies and ineffective decision-making.
Without accurate financial data, founders can’t make informed decisions about hiring, marketing, R&D, or expansion. Scaling requires the efficient use of resources, which is not possible without a clear understanding of costs and revenue streams.
We bring your goals into alignment through our experience with financial systems and the tools to gather better data and drive cohesive growth by:
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Leveraging our experience with systems and technology to gather the right data, in the right place, maximize its utility, and ensure it makes sense for your organization – we roll up our sleeves.
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Identifying gaps in the company’s financial systems, accounting processes, and reporting frameworks and streamlining monthly and annual reporting capabilities to ensure accurate, timely internal and external reports and filings.
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Staying attuned to changing technologies and updating a Tech Stack of reliable, effective technologies and recommending scalable financial technology software to optimize accounting and technology systems, supporting growth and improving reporting accuracy and timeliness.
Optimize
To make the best or most effective use of a resource
How efficient are your financial resources?
Are you maximizing the ROI in your back-office?
The only constant of Technology is change.
All companies must quickly adapt to new ideas and processes to survive. They must improve in order to be prepared for the future. Companies that don’t optimize fast enough risk becoming obsolete. It takes time to get the right data, which leads to slower decision-making. Credibility decreases. Funding becomes more difficult to secure.
We maximize the efficiency of your F&A operations and financial reporting. We introduce best practices and know-how to save you time and money and increase stability and reliability. We optimize your back-office by performing the following services:
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Optimizing data collection and reporting processes, ensuring timely, accurate financial insights that support faster, more informed decision-making.
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Introducing industry-standard financial controls and practices, improving efficiency, reducing errors, and increasing the reliability of financial statements.
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Identifying areas for cost reduction and optimizing the allocation of financial resources to maximize ROI, driving financial stability and supporting scalable growth.
Core Accounting
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Accounting Setup
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Chart of Accounts
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Technology Assessment
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Month-end Close
Fractional Controller
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Technical Accounting
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Financial Reporting
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Cost Control
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Audit Preparation
Financial Planning
& Analysis
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Analytical Tools
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Budgeting & Forecasting
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Business Partnering
Fractional CFO
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Insights and Analytics
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Cash Forecasting
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Financial Modeling and Forecasting
All companies must quickly adapt to new ideas and processes to survive.
They must improve in order to be prepared for the future. Companies that don’t optimize fast enough risk becoming obsolete. It takes time to get the right data, which leads to slower decision-making. Credibility decreases. Funding becomes more difficult to secure.
We maximize the efficiency of your F&A operations and financial reporting. We introduce best practices and know-how to save you time and money and increase stability and reliability. We optimize your back-office by performing key services.
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Optimizing data collection and reporting processes, ensuring timely, accurate financial insights that support faster, more informed decision-making.
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Introducing industry-standard financial controls and practices, improving efficiency, reducing errors, and increasing the reliability of financial statements.
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Identifying areas for cost reduction and optimizing the allocation of financial resources to maximize ROI, driving financial stability and supporting scalable growth.