Case Studies
Learn more about our work with clients in many different industries.
National Painting Contractor Seeks Outsourced Accounting Support
Client Details
Our client is one of the largest painting contractors in the country.
Background
The client needed experienced outsourced accounting support to get their books updated and caught up, their monthly close process better organized, and their general financials in order.
The Challenge
This family-owned painting contractor business experienced some issues with their own accounting team and reached out for fractional controller help. They were particularly in need of someone to get their books caught up, and to create a more streamlined and efficient month-end close process. In addition, they wanted better insights into their monthly financials to allow them to create better and more accurate forecasts.
The Solution/Outcome
Thanks to Plumb’s team of experienced fractional controllers and accounting experts, we were able to:
- Get their books completely up to date and caught up.
- Implement an organized process for their month-end close.
- Create monthly financial reports that include a comprehensive WIP schedule.
The processes put in place by the Plumb team, coupled with our depth of knowledge of construction accounting practices, allowed this client to better understand their monthly financial standing and what it meant for their future planning. Our goal is to provide clarity in accounting so our clients can focus on growing their business – and that is exactly what we accomplished.