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Where Potential Takes Root.
Empowering C-Suite Leaders Create Value from Strategy to Execution.
Prioritize Stakeholders Returns Through On-Site and Internal Control Reviews for Crisis, M&A and Operational Decisions.
Enhance Your Accounting with AI Automation and Augmented Staffing Solutions.
Reduce Wasted Time with Data Analytics -Analyze Thousands of Records in Minutes.

Your Business, Your Goals, Our Guidance

In the competitive fields of real estate, hospitality, gaming, and restaurants, robust accounting practices are critical. They enable transparent managerial reporting and provide actionable insights that drive growth, manage risks, and navigate challenges. At CFO Business Growth Solutions, we go beyond traditional accounting. We analyze your processes to identify areas for improvement, address internal control deficiencies, and uncover opportunities to maximize profitability. Our data-driven approach and advanced analytics empower your management team with the crucial information needed to achieve your goals.

As a team of seasoned CFO consultants, we possess deep expertise in the unique challenges and opportunities within these dynamic industries. We work closely with the office of the CFO, lenders, investors, and other stakeholders to deliver valuable guidance, tailored support, and practical solutions.  Here is how we can help you achieve your goals.

Support the Office of the CFO

Reporting Transparency for Insightful Decisions

Automating Accounting Processes

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Accounting Dept Support

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Profitability Enhancement

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Interim Leadership

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INDUSTIRES SERVED

Real Estate & Development

Improve additional rent computations, budgeting, forecasting and lease abstraction. Establish job ...

Real Estate & Development

Improve additional rent computations, budgeting, forecasting and lease abstraction. Establish job costing tied to construction milestones to monitor project timeliness and budget adherence. Implement contract and change order tracking to provide actionable insights. Streamline accounts payable linked to job costing. Customize reporting to reduce spreadsheet preparation. Identify depreciation, tax structuring or accounting changes for further consideration.
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Casino, Hospitality & Leisure

Strengthen or restructure accounting capabilities. Transactional services provide supplemental comparative...

Casino, Hospitality & Leisure

Strengthen or restructure accounting capabilities. Transactional services provide supplemental comparative data reviews. Dashboards with automated email alerts provide lenders, private equity and investors with the ability to monitor portfolios to prevent surprises. Back-office contract labor quickly fills staffing gaps. IT system integration identifies leakage areas, enhancing audit and compliance effectiveness. Serving the USA, Tribal, Latin America, and the Caribbean.
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Food Service with Menu Enhancement

When qualified bookkeeping labor is scarce, we offer scalable full-charge bookkeepers and 24/7 access to...

Food Service with Menu Enhancement

When qualified bookkeeping labor is scarce, we offer scalable full-charge bookkeepers and 24/7 access to financial statements and paperless storage for easy document retrieval. Recipe costing, essential for menu engineering, is also available. Success hinges on mastering the '4 P's' – Product, Placement, Price, and Profit. Point-of-sale business intelligence identifies server and cashier performance, irregularities and top- selling items, enhancing the ability to make better labor scheduling and purchasing decisions.
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Data Integrity, Actionable Insights, Tangible Results

We understand that accurate and timely data is the foundation of effective financial management. Without it, even the most advanced analytics and reporting systems fall short. While many consulting firms stop at providing recommendations, we offer the hands-on support necessary to turn those recommendations into action.

Our accounting staffing and IT solutions bridge the gap between strategy and execution. Our team is proficient in a wide range of industry-standard software, including MRI, Yardi, Intacct, QuickBooks, Xero, NetSuite, Sage, Primavera P6, Revit, AutoCAD, and various BI and audit automation tools. We also offer custom integrations with third-party applications to ensure seamless data flow throughout your organization.

Our on-site support allows us to address challenges as they arise, providing real-time solutions that adapt to the fluid nature of your needs. By leveraging our expertise and resources, you can avoid the time-consuming and costly process of recruiting, hiring, and training new employees. Our scalable solutions ensure you have the right support exactly when you need it.

Solutions

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CFO Consulting: Advance Management Objectives

We specialize in strategic business and financial planning, enhancing day-to-day operations and providing transition management. Our expertise extends to optimizing human resources and technology and establishing flash reporting for key performance indicators. Additionally, we excel in financial reporting, forecasting, corporate planning and strengthening internal controls. Our services include expense reduction, operational analysis, risk management, and tax advantaged executive compensation strategies.
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Property Visits: Insights & Advisory for Stakeholders

Our independent on-site visits to management companies offer a crucial buffer between management, private equity, venture capitalists and lenders. We go beyond mere review of accounting procedures and reporting transparency delving deeper to generate actionable recommendations to enhance profitability, identify areas of leakage, strengthen internal controls, accounting procedures and compliance. Our multi-media reports help promote a culture of transparency and accountability.
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Turnaround & Restructuring

Designed to guide companies through periods of transition. We offer customized plans to realign organizational structures, optimize processes, and enhance operational efficiency. By working closely with stakeholders, we implement change initiatives with minimal disruption and maximum impact, ranging from financial distress recovery to profitability enhancement.
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Accounting & FP&A Enhancement

Transform your data to identify revenue opportunities by correlating non-financial, social media and customer data. Make more informed decisions on marketing spend, labor utilization, and purchasing. Enhance the efficiency of your audit and compliance department by using audit software to detect and report anomalies to improve the quality and reliability of audit work.
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MRI® and Yardi® Accounting & Custom Reporting

Quickly fill staffing gaps with fully trained contract labor experts in MRI® and Yardi®. Our team seamlessly integrates into your existing workflow, ensuring your financial records are accurate and up-to-date. The process is coordinated by an interim on-site CFO. We also offer proactive monthly custom reporting. By implementing these solutions, you'll benefit from reduced staffing costs, improved accuracy and efficiency, enhanced communication and the ability to focus your in-house team on strategic initiative
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Virtual Bookkeeping & Staff Augmentation

Our accounting and bookkeeping remote staffing services are scalable, which means you get the level of service and support you need, when you need it. We offer a wide range of staffing capabilities from data entry specialists, full charge bookkeepers, controllers, CFO’s and analysts.  Our services bolster your in-house staff when the workload is high, handle your entire accounting needs or something in between.
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Elevate your financial performance

We’d love to discuss your unique needs and demonstrate how our expertise can help you achieve your objectives. Contact us today to schedule a complimentary consultation.

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Featured Case Studies

Identifying, Analyzing, and Delivering Actionable Value-Added Solutions.

Property management-high accounting dept turnover


Findings: Toxic work environment with difficulty hiring qualified labor in a competitive marketplace. Accounting department significantly behind in monthly closings. Job costs budgets repeatedly changed to show project are always in budget.
Solution: Implemented hybrid staffing solutions to bring accounting current with additional enhancements for labor savings in excess of $1m. Established budgets for all projects with initial budget locked in place to evaluate results.

Significant errors and tax savings overlooked by the previous accounting firm


Findings: Identified errors include incorrect accounting of 1031 transactions, leading to income overstatements for several years, as well as unresolved suspense and out-of balance intercompany accounts. Additionally, improvements were depreciated over an unnecessarily long period, increasing current taxable income.
Solution: These issues were brought to the attention of the current accountants for correction.

Financial reporting generating incorrect results cumbersome accounting structure


Findings: The chart of accounts was not sequenced in a format conducive to report writing. Hundreds of individual general ledger accounts were used instead of project accounting, along with an excessive number of unnecessary bank accounts.
Solution: The underlying accounting system was revamped to conform with BOMA and construction industry standards. Entity tables were set up to automate intercompany processing and reduce the number of bank accounts

Significant leakage in the food & beverage dept


Findings: Premium bottled beer being sold to guests at tables for cash but rung up at lower domestic beer price at the register. Staff are pocketing the price difference. Restaurant cashier applying no show prepaid breakfast checks to active customers who pay their checks in cash.
Solution: Implement an F&B inventory module with POS integration to automatically reduce stock and generate analytical reports. Conduct surprise spot counts with disciplinary action for discrepancies.

Construction project without adequate job cost accounting


Findings: A multi-hundred-million-dollar redevelopment project was managed with spreadsheet downloads, causing reporting delays and inadequate tracking of change orders, timelines, and budget impacts.
Solution: Activated job cost features in the management software, aligned categories with AIA billing, and integrated accounts payable to track contractor payments and budget changes. Attended construction meetings to gather budget variance information and assess potential warranty exposures.

Casino slot hand pay fraud


Findings: An excessive number of hand pays were generated, revealing that slot attendants used the same credentials to open machines. Cashier payouts lacked proper signatures, and system security rights were compromised.
Solution: The investigation uncovered collusion between departments. Slot attendants were issued personalized machine access cards to improve accountability. System controls and access card usage were monitored and cross-referenced with payroll time and attendance records to ensure that only authorized attendants were working, making it easier to verify the actual person responsible.

Management vs Financial and Reliance on Spreadsheets


Findings: While financial and tax reporting systems were automated, management was left struggling. They relied heavily on time-consuming spreadsheets, manually pulling data from various sources. This led to outdated and inaccurate information, hindering effective decision-making.
Solution: A reporting tool was introduced, overlaying existing information systems, to provide real-time, customizable data for informed decision- making. This boosted efficiency and transparency, fostering a data-driven culture.

Interested in learning more about our services, technologies, and staffing solutions?

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