Your Current Bookkeeper Just Sends Reports—We Help You Grow
From accurate bookkeeping to active financial management, we offer the complete financial strategy you need to grow your business.
Have a question about managing your business's finances?
Book a free 30-minute consultation call today.
How Reconcile Business is different
We help our clients get results. Clients that work with Reconcile have achieved the following:
Commercial painter
$4 million /year and 35+ Staff
The company was having difficulties tracking material and contractor costs.
We made it easier to track expenses and monitor project expense invoices. Additionally, we manage their payroll, remittances, bank reconciliation, and monthly P&L.
The company saves $36,080/year by eliminating the need for a second admin, reducing overtime, and simplifying staff training. Additionally, our PO system saves them $24,000/year by catching expense invoice discrepancies and ensuring credits are applied to their account.
With these improvements, three project managers and the CFO can now focus on higher-value tasks.
Wholesale Distributor
$4 million /year and 12 Staff
Their retiring bookkeeper left behind inefficient processes that took up too much time for both owners and staff, with CRA reports often submitted late.
We stepped in to handle payroll, remittances, bank reconciliation, and monthly P&L, allowing them to reduce to a part-time admin. Most importantly, we improved the expense tracking to save the owners’ and staff time.
This shift saves the company $55,000/year and ensures CRA reports are always on time.
Now, the owners and staff focus on higher-value tasks instead of managing expenses.
Packaged Food Brand
$300,000 /year and 3 Staff
The company needed careful cash flow management due to long lead times and upfront deposits.
From the start, we facilitated monthly financial meetings between sales, operations, and finance to meet short-term cash flow needs and plan 2 years ahead. We also developed a cash flow planning tool they still use today.
Additionally, we manage their payroll, remittances, bank reconciliation, and monthly P&L.
As a result of solid cash flow management, the company grew from $50,000 to $300,000 without borrowing. When they needed to borrow for growth, they knew exactly how much to take and saved $13,000 in interest by locking in a favourable rate.
The owners still maintain 100% equity.
Other ways we've helped clients:
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Helped a machining company secure a $200K line of credit at a favourable interest rate.
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Assisted a contractor in resolving 1.5 years of uncompleted bookkeeping, resolving long-standing CRA issues, and enabling the sale of his business for $1M.
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Helped a holding company avoid fines for unfiled PST, updated their books, and refinance a $5M bank loan.
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Assisted a startup in securing a $100K government-backed loan to purchase initial equipment.
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During COVID, helped 50 clients secure grants of up to $25K to keep their businesses afloat.
We know financials and how to make them work for you.
We start by understanding your business goals and reviewing your current bookkeeping and financial management practices. Then, we customize financial reporting to help you easily track progress toward those goals.
- We send you a monthly profit and loss.
- We send you recommendations on how to better achieve your business goals.
- We hop on a call for 15 minutes to explain.
Example: In one client’s monthly report, we helped them prepare for their 30% anticipated growth by avoiding cash flow problems by paying down debt, negotiating better terms with suppliers, and addressing rising accounts receivable with automated payment reminders.
We free up your time to focus on business opportunities.
By simplifying how your company tracks expenses, purchase orders, and receivables, we reduce the administrative burden on you and your staff.
- We recommend easy-to-use apps to streamline administrative work.
- We train staff on tracking expenses, purchase orders, and receivables.
- We monitor and track expenses and purchase orders to ensure no errors.
Example: By simplifying a contractor’s expense tracking and purchase order process and taking over staff training, we relieved the CFO from admin work and reduced the time staff spent on training.
We take an active role in driving your financial success.
We do more than just send reports—we actively contribute to your company’s success.
- We assist in securing loans and lines of credit.
- We find grants that help you to grow your business.
Example: We've helped clients across various industries, from contractors to manufacturers, secure six-figure loans and lines of credit at favourable interest rates from banks and government programs.
Our clients love us
“The time and peace of mind I’ve regained easily justifies their extremely reasonable fees. Money well spent! I’ve already referred three other colleagues!”
- Chris S, Managing Partner - Consultancy
"Reconcile adapts to our changing needs. Way more than a bookkeeper, they have helped us monitor our cash flow, improve expense tracking, and effectively manage our finances.”
- Paul B, CEO - Beverage Company
“This is the first time I’m going away for a week and I’m not stressed about my finances.”
- Eli K, Owner - Medical Clinic
Have financial questions about your business that your bookkeeper can't answer?
Book a free 30-minute consultation call and get answers to all your questions.
