THE CALCULATED GROWTH MODEL™

Our Calculated Growth Model™

Our Calculated Growth™ Model is designed to measure every decision’s financial impact on your business…and how you can leverage it.

This model is implemented using a 3-pronged approach to make sure your growth is calculated and scalable. Please see our foundational chart below.

Not only does this model help to add more money to your bottom line through informed decision making, it helps to maximize the value of the business when you go to exit. The lack of proper systems in a business model is the No.1 reason why businesses fail to be sold…or get sold for less than they are worth.

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Our Calculated Growth™ Model
YOUR RESOURCE FOR EVERYTHING FINANCIAL

1

Your Resource For Everything Financial

We make it a top priority that the lines of communication are always open between our team and yours.

Financial decisions that impact your business cannot wait days to be answered. Our 24 – hour response policy with personalized support ensures that no questions go unanswered.

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2

Implementing the Perfect Accounting Tech Stack

By implementing our Perfect Accounting Tech Stack, we can increase the speed and efficiency of your financial data analysis.

Allowing us to evaluate your business in real-time, identify where the bottlenecks are, and make recommendations that ultimately increase the value of your business.

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3

Accurate & Timely Financial Reporting

Accurate and timely financial information serves as the foundation of your business growth…and the Calculated Growth Model™.

Through our proprietary reconciliation process, we can ensure you will receive accurate and timely financial info about your business. You will have confidence that every decision you make is calculated.

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Tech Used to Fuel the Calculated Growth Model ™

Technology can be beneficial but it can also be overwhelming at times. With so many apps and software packages to choose from, it’s hard to know where to start. We spent years developing our Perfect Accounting Stack to eliminate the headaches for you. Will you use every single one? No, and that’s okay.

Below is an example of the tools we currently use for maximum efficiency. But no matter which tools you may already use, we will work with you to design a stack of technology that increases your business’s efficiency and adds value to whichever direction you take your business…whether that be scaling, growing or exiting.

Tech-Stack-Core Zoom Virtual- Meetings Quickbooks-Online Accounts Payable Sharefile-Client-Portal Engagement and Billing Carbon work management

Additional Services

Fathom Financial HubDoc Document Lower-Avalara lower-Gusto

FAQs about Hiring Philadelphia Bookkeeping Services

Hiring bookkeeping services in Philadelphia is an important business decision. We are here to answer any of your questions so you feel confident about your choice to work with our team. Here are a few frequently asked questions we get about hiring or outsourcing your bookkeeping.

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What bookkeeping services does The Quantify Group provide?

At The Quantify Group, we are here to handle all of your financial accounting and bookkeeping needs under one roof, from financial transactions to reconciling bank accounts, managing accounts payable and receivable, preparing financial statements, and more.

Our bookkeeping services in Philadelphia include the following:

  • Cash flow forecasting
  • Bookkeeping services
  • Job costing
  • Internal controls
  • Data entry
  • Generate financial statements
  • Customized reporting
  • Financial dashboards
  • Payroll services
  • Accounts payable management
  • Accounts receivable management
  • And more!

We offer financial solutions for small and medium-sized businesses that are easy to understand and manage. With our packages, you pay a simple monthly fee, and you will never have to worry about any hidden costs or unexpected surprises. Our services are flexible and can be customized to fit your specific business needs.

How does a bookkeeping service benefit my business?

For many small business owners, taking the time out of their busy schedules to keep track of all the financial data and accounting systems your business relies on requires hours of work each week. That is why hiring a professional bookkeeping firm like The Quantify Group can provide immense benefits for businesses of all sizes, including:

  • Saving time
  • More accurate financial records
  • Financial analysis on business performance
  • Support with strategic planning
  • Staying compliant with tax and business laws

Is it better to hire an in-house bookkeeper or outsource to a service?

The choice to hire an in-house versus outsourced accounting firm can be a tough choice for a lot of small business owners, and there are really several things to consider, like the size of your business, how complex operations are and what your budget is.

For many small businesses, there is a benefit to having immediate, in-house access to a full-time bookkeeper — but it can come at a cost. In-house bookkeeping support is often more money and requires more resources to hire, retain and grow your in-house bookkeeping team.

On the other hand, hiring a third-party company like The Quantify Group to support your bookkeeping and accounting needs can offer you access to some of the best bookkeepers without the added expenses. Plus, our monthly packages are designed to grow with your business, providing you with the flexibility you need.

If you are curious about how The Quantify Group can help with your accounting processes, contact our team today to learn more about our accounting and bookkeeping services.

Are virtual bookkeeping services safe and secure?

As a trusted bookkeeping firm that leverages virtual accounting, we take the security of our clients’ sensitive financial data very seriously. We have established stringent security procedures and follow all cybersecurity regulations to guarantee the secrecy and accuracy of your financial details.

Our team is experienced in managing sensitive financial data, and we regularly update our systems to ensure we are in line with best practices across the industry.

Is it worth paying a bookkeeper?

If you are running your own business or overwhelmed by the amount of work it takes to maintain your financial records, hiring a bookkeeping service can be a great investment. Small and large businesses alike deserve the insights and guidance that a professional bookkeeping firm can provide.

By accurately managing your financial transactions, a financial accounting and bookkeeping firm can help you identify growth opportunities, improve your cash flow, and help you in organizing bank statements and other financial records.

With a professional bookkeeper handling your financial records, you save valuable time to focus on other important aspects of your business. It is a valuable addition to any business.

What kind of financial reporting should a small business regularly generate?

Keeping up with financial accounting is crucial to making the right decisions for your business with the right data. By generating regular financial reports, you can understand how your money is coming and going and ensure you can track your business’s growth.

  • Income Statement: Also known as a profit-and-loss statement, this report illustrates revenue, expenses, and profit over a specific period, giving an overview of your business’s profitability.
  • Balance Sheet: This report provides a snapshot of your company’s financial position, including assets, liabilities, and equity, which can indicate its overall financial health.
  • Cash Flow Statement: By keeping track of your business’s cash inflows and outflows, you can gain a better understanding of your liquidity and solvency. This information can be invaluable for making informed financial decisions.
  • Accounts Receivable Reporting: This report presents an overview of outstanding receivables, enabling you to better manage customer payments and take appropriate actions for overdue accounts.
  • Accounts Payable Reporting: Like the receivables report, this one captures details of your outstanding payables, enabling you to plan for upcoming payments and negotiate favorable credit terms with suppliers.

What is the difference between bookkeeping services and accounting services?

While both bookkeeping and accounting services are crucial to managing your business’s finances, they actually serve different roles and functions:

Bookkeeping services primarily involve the regular recording and organization of your business’s financial transactions, including:

  • Updating transactions and financial trackers
  • Reconciling accounts
  • Tracking accounts payable and accounts receivable
  • Processing payroll
  • Making sure records are accurate

Accounting, on the other hand, gives you deeper financial insights by analyzing the financial data that is generated from bookkeeping activities. This includes things like:

  • Preparing financial statements
  • Analyzing business performance
  • Developing budgets and forecasts
  • Advising on tax planning and strategy
  • Ensuring compliance with financial regulations
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The Quantify Group | Outsourced Accounting & Financial Bookkeeping Philadelphia, PA

If you have additional questions or are ready to get started, contact us today. We would love to hear more about your unique business goals and how we can help you achieve them with our bookkeeping services in Philadelphia.