Accounting, Software And Services Issues DeSmidt Consulting Inc

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Our Consulting and Business Services

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June 28, 2010 at 3:31 pm

Business Consulting

Even the most qualified managers can benefit from competent, objective feedback. We can help your company’s management team develop long-term objectives and specific strategies to facilitate your business’ future growth and success.

We can provide your business with small business consulting, virtual, interim and temporary accounting and CFO services, business and financial planning, CEO and COO support, project management, cost control services, strategic planning, business valuations, business start up advice, lease purchase analysis, and outsourced accounting services.

Supply Chain Consulting

Global studies suggest that many executives rate supply related risks as the top threat to revenue. We can help you minimize risks related to supply interruptions, security threats, weather threats, labor disputes and customer demands.

We instruct our clients on how to identify, manage and monitor supply chain risks resulting in process improvements and improved efficiency.

Strategic Consulting

Strategic planning is a management process for evaluating your current business, determining your strategic direction, and road mapping your strategic plan into practical actions. A strategic plan explains why an organization exists, what it is trying to accomplish, and the tactics it will take to achieve its goals and objectives.

We will develop the business planning and financial modelling necessary to formulate a forward-thinking, evidence-based strategic plan. We can help you develop your strategic direction and then focus on specific actions to put your plan into action.

Risk Management

Risk can be positive when it applies to value creation and risk taking for reward. Let us mitigate your unnecessary risks so you can focus on adding value to your organization.

We utilize the appropriate financial instruments in a timely manner to reduce your credit and market risk. We will use time proven actions to ensure that your company is properly positioned to identify, minimize and manage risk.

Profitability Management

Profitability Management involves integrating the pricing objectives of often conflicting functional areas of the organization into a comprehensive plan to effectively set and capture prices.

We can help you attain the greatest value for your pricing strategy by developing an optimal pricing strategy, implementing effective pricing processes, measuring and controlling price at the transactional level and integrating technology with the processes utilized for your pricing strategy.

Cost Reduction

We implement and expedite cost-savings initiatives for all types of organizations. We combine a data-driven procurement strategy with market proven purchasing techniques to provide significant cost savings to our customers.

We specialize in using financial information to identify those areas of the business that provide the greatest opportunity for expense reduction and cost savings resulting in improved value for the organization.

Policies and Procedures

Many businesses fail because they have the right strategies but are unable to put them into practice because of failures in the processes necessary to implement those strategies. Whether your business processes are broken or in need of improvements we can help you break through your execution problems.

By analyzing existing processes, identifying bottlenecks and redesigning or improving the processes we can significantly reduce costs and improve satisfaction for all stakeholders in your organization.

Systems Consulting

When considering the installation of an accounting software system, you want to be certain to get the one that’s best for your business.

We can provide your business with needs analysis, accounting systems design, chart of accounts design, software selection assistance, software installation, implementation and setup, financial statement design, file conversion, training, support, and guidance.

Management Consulting

We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business.

We can provide your business with product line profitability analysis, inventory and purchasing control, employee benefits planning and analysis, operations and office procedure documentation and advisory services.

We have over 40 years of Accounting, Management and Systems experience.  Contact us for a free initial telephone consultation to discuss the immediate and long term benefits that we can offer you.

Ask us for help – this is what we do.

Visit our website www.desmidtconsulting.com

813-938-3608

Thank you,

Peter DeSmidt,

Peter DeSmidt is now an Intuit QuickBooks Certified ProAdvisor

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June 10, 2010 at 9:43 am

 

Peter DeSmidt completed his educational requirement and is now an Intuit QuickBooks Certified ProAdvisor.

This will provide additional services and skills to his customers and clients.

Small and medium-sized companies that are not in a position to hire a full-time Accountant or Controller are often the companies that would benefit the most from the expertise of an experienced Intuit Certified ProAdvisor Accountant and Controller.

We can take complete responsibility for the financial side of your business, or we can function purely as your part-time Accountant or Controller, managing your existing accounting and bookkeeping staff.  Every business and situation is different.

We can work with your accounting and bookkeeping staff, attorneys, bankers, insurance brokers and tax preparers at a fraction of the cost of a full time employee.

Outsourcing your Accounting, to us, will reduce and control your internal operating costs, allow you to gain access to extensive additional capabilities, and allow you to focus on managing your business.

We are seasoned professionals and have the experience, expertise, education and qualifications to be your virtual / on-going Accountant or Controller.

The types of services that we can provide include:

  • QuickBooks Training, Setup and Support
  • QuickBooks Payroll Services
  • Monthly Accounting and Controller Services
  • Accounts Payable and Receivable Management
  • Financial Statement Preparation
  • Cash Flow Analysis and Management
  • Inventory Management and Control
  • Fixed Assets Reporting
  • Bank Reconciliations
  • Tax Return Preparation
  • Payroll Tax Compliance
  • Variance Analysis and Reporting
  • Activity Based and Job Costing
  • Revenue and Expense Analysis
  • Staff Training and Utilization
  • Business Consulting and Guidance
  • Accounting Systems and Controls
  • Financial Analysis and Reporting
  • Risk Management and Controls
  • Strategic Planning and Consulting
  • Cost / Revenue Benefit Analysis
  • Budget Preparation and Reporting
  • Financial Forecasting and Modeling
  • Treasury / Cash Management
  • Negotiations for Financing and Operations
  • Reorganizations, Mergers and Acquisitions
  • Develop and Analyze Business Plans
  • Software Selection and Implementation
  • Software Training and Support
  • Preparation of Policies and Procedures

We are headquartered in the Tampa Bay area; the majority of our work is handled remotely, yet, we are able to talk and work with you on a periodic basis.

We have over 40 years of Accounting, Management and Systems experience.  Contact us for a free initial telephone consultation to discuss the immediate and long term benefits that we can offer you.

Ask us for help – this is what we do.

Visit our website www.desmidtconsulting.com

813-938-3608

Thank you,

Peter DeSmidt,

How to hire top talent

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May 13, 2010 at 12:29 pm

 

As we approach, and continue with the economic rebound – we need to take a close look at our interviewing, hiring and human resources operations.  As you review these steps and procedures, evaluate your own company’s hiring processes to see where you stand.

1      Get everyone on the hiring team to agree on what the real needs of the job and the company are.

2      Make your printed and internet job postings more about the career, and future growth, not necessarily compensation.

3      Have your new employee training and orientation program, either formal or informal, in place, before you start your interviewing process.

4      Develop a mentoring system, for the new employee to work with a person, who is not their supervisor.

5      Develop a “success profile” and a “path to success” guide, rather than using a job description.

6      Expand your network and referral program, to put the word out, before you start posting job opening ads.

7      Rather than listing requirements in your job opening ads, focus on describing opportunities within your business.

8      Create a printed performance review and disciplinary procedures manual.

9      Find a reputable company for conducting new employee background checks.

10     Make the interview time definitely worth the candidates’ time.

11     Specifically define the duties of the position, in writing, before you start your job posting process.

12     Make any necessary changes to the workplace and work space before you start your interviewing process.

13     Don’t have too many hands in the recruitment process, as that tends to make the recruitment process too step and sequence oriented.

14     Insure that your job interviewers have sufficient training, and know how, to address performance management and human resource issues, before interviewing new candidates.

15     Insure that your employee benefits are up to industry standards and the levels that you can afford and justify.

Companies that can hire the best and meet the future requirements of the business will be the companies that survive best in these post recession times.

Ask us for help – this is what we do.

Visit our website www.desmidtconsulting.com

813-938-3608

Thank you,

Peter DeSmidt,

Why outsource your Controller and CFO services ?

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August 3, 2009 at 11:16 am

 

Small and medium-sized companies that are not in a position to hire a full-time Controller or CFO are often the companies that would benefit the most from the expertise of an experienced Controller or CFO.

We can take complete responsibility for the financial side of your business, or we can function purely as your part-time Controller or CFO, managing your existing accounting and bookkeeping staff.  Every business and situation is different.

We can work with your accounting and bookkeeping staff, attorneys, bankers, insurance brokers and tax preparers at a fraction of the cost of a full time employee.

Outsourcing will reduce and control your internal operating costs, allow you to gain access to extensive additional capabilities, and allow you to focus on managing your business.

We are seasoned professionals and have the experience, expertise, education and qualifications to be your virtual / on-going Controller or CFO.

The types of services that we can provide include:

  • Monthly Accounting and Controller Services
  • Accounts Payable and Receivable Management
  • Financial Statement Preparation
  • Cash Flow Analysis and Management
  • Inventory Management and Control
  • Fixed Assets Reporting
  • Bank Reconciliations
  • Tax Return Preparation
  • Payroll Tax Compliance
  • Variance Analysis and Reporting
  • Activity Based and Job Costing
  • Revenue and Expense Analysis
  • Staff Training and Utilization
  • Business Consulting and Guidance
  • Accounting Systems and Controls
  • Financial Analysis and Reporting
  • Risk Management and Controls
  • Strategic Planning and Consulting
  • Cost / Revenue Benefit Analysis
  • Budget Preparation and Reporting
  • Financial Forecasting and Modeling
  • Treasury / Cash Management
  • Negotiations for Financing and Operations
  • Reorganizations, Mergers and Acquisitions
  • Develop and Analyze Business Plans
  • Software Selection and Implementation
  • Software Training and Support
  • Preparation of Policies and Procedures

 

We are headquartered in the Tampa Bay area; the majority of our work is handled remotely, yet, we are able to talk and work with you on a periodic basis.

We have over 40 years of Accounting, Management and Systems experience.  Contact us for a free initial telephone consultation to discuss the immediate and long term benefits that we can offer you.

Ask us for help – this is what we do.

Visit our website www.desmidtconsulting.com

Thank you,

Peter DeSmidt,