Our services are structured to provide complete financial leadership, ranging from operational execution to strategic architecture.
Prep
Fractional or Project-Based
Clean and prepare existing accounting tools and practices
Diagnostic/business overview
Chart of accounts and dimension review
Accounting system clean up
Financial organization
For example, Cultivated Accounting would access your financial records to gain an understanding of what your organization does (your offerings) and your compliance obligations. After establishing a clear line of communication, we would set you up in our client portal. Then, we would utilize a shared drive to organize the financial records in preparation for fractional engagement or as a one-off (project-based role) so that you can maintain the new systems put in place moving forward.
Plant
Fractional
Develop foundational tools for growth and clarity
Core accounting/ledger maintenance
Reconciliation of balance sheet and other significant financial accounts
Standard financial reporting
For example, our team conducts a continuous close where we record financial transactions on a weekly basis. Each month, we reconcile financial accounts, generate monthly financial statements, and ensure that the year-end is closed in preparation for any compliance obligations.
Root
Fractional
Deepen financial insights through proactive financial management
Detailed financial reporting and analysis
Annual budget planning
Accounting system clean up
Specific fund tracking
Cash flow analysis
For example, Cultivated Accounting conducts a continuous close where we record financial transactions on a weekly basis. Each month, we reconcile financial accounts, generate monthly financial statements, and ensure that the year-end is closed in preparation for any compliance obligations. We also liaise with financial auditors to complete the annual audit; tracking net assets with donor restrictions and project-based programming. We then provide accounts receivable and accounts payable oversight, liaising with the CEO and/or the operational leader to ensure the books are closed and accurate each month.
Blossom
Fractional
Strengthen your financial planning and forecasting
Forward-looking financial guidance
Custom financial reporting and dashboards
Strategic thought partnership
Cross-team collaboration
For example, our team will often meet with your organization’s leadership team to help them translate their strategic goals into financial models, and interact with multiple stakeholders within the organization to establish financial clarity through financial management coaching. We will also work together to draft policies and procedures and manage the annual budget planning.