Free your focus.
When mission-driven individuals are given the time and resources to focus on their goals, amazing things can happen. We offer comprehensive CFO services that go beyond basic accounting and bookkeeping to support business growth, so you can devote more time and energy to making an impact.
Our services.
From payroll and HR to financial forecasting and cash planning, we go beyond the basics so you can concentrate on growing your business.
CFO Services
AbsDabs CFO services help you identify your business goals and opportunities, develop long- and short-term financial strategies, and provide ongoing budget analysis and reforecasting to empower growth and track success.
Our approach:
- Initial review of past and current financials and books
- Development of long-term financial model (3- or 5-year) depending on client needs
- Models balance sheet, income statement, and statement of cash flows. Clear inputs and assumptions are defined to build a KPI model
- Development of short-term financial model (12 months) using LT financial model
- Development of 13-week cash forecast from financial model for clients requiring ST cash planning
- Development of financial and KPI budget
- Monthly review and analysis of financials comparing actual versus budget, prior period, and forecast as needed
- Updates and re-forecasts of cash, financials, and KPI as needed
- Weekly cash planning as needed
Bookkeeping
Our team ensures your records are accurate and up to date with outsourced bookkeeping and business startup accounting.
Our approach:
- Full-cycle bookkeeping
- Bill processing and paymentInvoice billing and collections
- Bank and credit card reconciliation
- Month-end close
Accounting/ Controller Services
Our controller services streamline your operations, ensuring accuracy and compliance to make your financial management processes run as smoothly as possible.
Our approach:
- Triage of books prior to engagement
- Reconciliation of accounts Creation of necessary schedules to support balances
- Development of policies and procedures
- Staff training on policies and procedures for proper bookkeeping
- Monthly review of books with adjustments as needed
- Three monthly financial statements: income statement, balance sheet, statement of cash flowsAdditional tasks per industry
- Additional software implementations
- Inventory costing
- Gross profit analysis
- Construction/project reporting
- Sales tax analysis and returns
- Tax assistance
- Audit assistance
- Additional software implementations
- Additional software implementations
Payroll & HR Services
We simplify payroll and HR, allowing you to focus on your business’s big picture.
Our approach:
- Full-service payroll
- Payroll oversight
- Workers’ comp insurance401(k) plans
- Health benefits
