Services We Offer
Outsourced CFO
We work with owners to increase the value of their businesses by identifying methods to increase revenues, decrease expenses and other methods to increase the overall value of the company.
Increase Profits
We'll perform a gross profit evaluation and optimization analysis to help identify areas for improvement to increase your bottom line.
Contract Negotiations
We'll help you negotiate contracts for maximizing the long-term value of your contracts.
Raising Capital
We'll assist with raising capital and obtaining loans from financial institutions.
KPI's
We'll develop KPIs (Key Performance Indicators) tailored to your business.
Forecasting
We'll help you with your cash flow projections and other forecasting needs.
Financial Statement Review
We'll perform a monthly high-level review of your financials to help your company's position (i.e. year-to-date + compared to prior year).
Your Point of Contact
We'll act as your liaison between banks, attorneys, vendors, insurance agents, auditors, etc.
Analysis
We'll help you understand the impact of your equipment purchases, expansions, etc.
Protocols
We'll develop and implement your accounting department's standard operating policies and procedures.
Budget vs. Actual
We'll help you with your budgeting and monitor results.
Outsourced controller
We help businesses with higher level accounting items including: month-end processes, Financial Statement reports, prep work for audits or tax returns, implementing internal controls to protect against misappropriation of assets, and help with other complex accounting items (i.e. transitioning from cash basis to accrual accounting).
Financial sTatements
Each month we'll prepare your financial statements (i.e. income statement and balance sheet) and other reports, depending on your needs.
CleanUps
We can help clean up your books. Whether your preparing for a financial statement audit, review, filing your taxes, or need other help, our team can help put your books in order.
Accrual Accounting
We'll perform accrual accounting journal entries on a monthly basis.
Inventory
We'll review inventory and the process for write-offs related to spoilage.
Intercompany Transactions
We'll oversee and prepare intercompany transactions on a monthly basis.
Month-end Close
We'll help with your month-end close process and making sure your books are accurate (i.e. making accrual entries, making estimates, and closing the books).
Setups
We can help prepare your accounting file from scratch and setup your processes and procedures (i.e. AR, AP, reports, etc.) to help you hit the ground running.
Fixed Assets
We'll review fixed assets accounting including depreciation.
Accounts REceivable
We'll review your accounts receivable and process for estimating your allowance.
Internal Control
We'll help you design and implement appropriate mitigating controls to help prevent the misappropriation of assets and ensure timely and accurate reporting.
Accounting & Bookkeeping
By outsourcing your day-to-day accounting function we’ll take the accounting load off your shoulders and let you focus on what you do best, growing your business. You’ll also enjoy peace of mind knowing that your books are in good hands.
Reconciliations
We'll reconcile your bank account and credit card accounts each month.
Recording
We'll record all income and expenses and keep an up-to-date and balanced general ledger.
Accounts Receivable
We can oversee your AR function and help improve collections.
Adjusting Entries
We'll provide you with a list of adjusting entries that need to be made each month.
Accounts Payable
We can oversee your AP function and make sure that all payments are made timely.
Payroll
We can process your payroll and oversee that function.
Full Time Placement
If you’re looking to hire a full-time employee we have an extensive network of CPAs, Accountants, and Finance professionals to help you find the right professional to add to your team.
Limiting Risk
We make sure our goals are aligned with yours.
Top Talent
We have a deep network of top professionals.
We alleviate employers’ risks by aligning our incentives with yours. Traditional recruiters earn their fees after a few days, while we at DeepSky earn our fees over the course of the candidates’ employment. This ensures that when we place one of our candidates, your goals and our goals align – wanting candidates to stay for the long haul. And if our candidate leaves your organizations (whether voluntary or involuntary) before the agreed time period we’ll refund the unearned portion of our fee.