Client Accounting Services (CAS)

Your financial needs are a moving target. So why lock into a hire who may not be able to keep pace?

Finance-related tasks — from basics like bookkeeping and payroll to game-changing strategic decisions such as structuring an acquisition — are what keep your business humming.

But they can also divert your attention from your bigger goals, especially if you’re hands-on doing the grunt work or supervising a junior staff member. And without the right systems and processes, you may not even be getting the information you need to map out your next steps.

We created our Client Accounting Services (CAS) to streamline the accounting and finance function for businesses like yours and help you operate more efficiently.

  • The financial skills, services and systems you need — without investing in expensive staff and technology infrastructure.
  • Data is accessible anytime, anywhere, giving you more visibility into your financials and more freedom to work the way you want.
  • Enhanced internal controls and processes reduce your risk exposure.
  • Gain back valuable time to work on your business, not just in your business.

The right fit at the right time

Our CAS team has the expertise to handle finance-related tasks at every level — for less than the cost of hiring a full-charge bookkeeper or staff accountant.

Choose from four service levels tailored to your specific requirements:

Bookkeeper

Covers basic “blocking and tackling” tasks including payroll, bill pay and reconciliation of bank and credit card statements. Our mobile-friendly platform lets you review and approve tasks on your schedule. We keep the day-to-day tasks moving so you’re free to think, plan and create.

Accountant

Growing businesses need more than basic bookkeeping support — for example, a process to report results if you’re seeking investors, partners or financing, or you’re looking to expand geographically. The CAS platform scales to include easy-to-read reporting on basic Key Performance Indicators (KPIs), so you know just what you need to achieve your goals. Plus, we’ll also handle your annual tax preparation and filing.

Controller

We’ve streamlined your accounting processes, but you need more. CAS supports your growth with true controller skills and structure — things like a custom accounting policy & procedures manual, external audit assistance, budgets for operations and/or capital expenditures, and meaningful KPIs for more informed decision-making.

CFO

Welcome to the big leagues. Our CFO services incorporate all the benefits described above, with a focus on strategic initiatives — think mergers and acquisitions, bank financing and cash flow, sales compensation structure, incentive compensation plans, gross margin analysis, process and procedures or sale of the business.

You save time and money at every stage, because you’re creating a smart financial structure — not carrying unnecessary salary and benefit costs.

3 Steps to Success

All CAS Services are custom-tailored to your business, so we start with a three-point onboarding process to assure the strongest outcome:

  • Assessment — We meet to better understand your current processes, including payroll, bill payment, financial reporting and invoicing. We map out via flowchart and indicate areas where efficiencies can be achieved via the CAS platform.
  • Implementation — A Magone & Company implementation specialist constructs your chart of accounts, integrates third-party programs as needed, develops custom reporting dashboards, and oversees quality assurance testing of the system.
  • Service Initiation — Delivery of your custom CAS service platform begins.