Unlock Your Business Potential with Strategic Finance Solutions
The Sharpen Group helps construction and construction supply businesses improve operations and margins and set the stage for sustained growth through its strategic finance solutions.
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Promote the accounting department to 'Strategic Partner' in your organization!
Having strategic finance capability in your firm is the foundation for growth, profitability and stress reduction that you've been looking for. Let us show you how.
At The Sharpen Group, we offer a comprehensive suite of strategic finance consultancy services to help building material suppliers, dealers, component manufacturers, and subcontractors optimize their financial operations, bridge the gap to strategic execution, and empower their growth.
Fractional and Interim CFO Services
Make us a permanent but part-time member of your team. We’ll guide your finance and accounting functions to where they are supporting your business and strategic objectives. It’s the highest leverage investment you’ll ever make in a consulting service!
Strategic Finance Evaluation
Analyzes your finance, technology, and budgeting capabilities to identify areas for improvement and help you achieve strategic financial objectives.
Financial Reporting Assessment
Evaluates the financial close process and monthly financial reporting package and provides a mockup of recommended level 4 reporting along with a roadmap for implementation.
Digital Environment Assessment
Assesses your processes to pinpoint inefficiencies, inaccurate data, and lacking internal controls, suggesting ways to streamline with automation and integration.
Forecasting Model Review/Design
Identifies opportunities for improvement through automation, system integration, and enhanced reporting, offering a gap analysis pinpointing areas of inefficiency, inaccuracy, or lacking internal controls.
Data Structure Review
If you want strategic insight from your financial function, you need a data structure in accounting and operations that can support that. We can show you where the gaps are, give you a prototype, and get you ready for a future driven by AI applications at the same time.
Incentive Compensation Review and Analysis
Reviews your incentive programs to understand the outcomes and behaviors they incentivize, offering suggestions for improvement.
What exactly does "Strategic Finance" mean for my construction business?+
Strategic Finance goes beyond basic accounting to implement financial management practices that directly contribute to your business's growth, efficiency, and profitability. It involves crafting financial strategies that align with your business goals, whether it's expanding operations, improving cash flow, or maximizing profits. By leveraging our deep industry experience, we help you add essential financial tools and capabilities, enabling more informed decision-making and robust financial planning, and there’s a good chance we’ll lower your overhead cost in the process.
How can your services help me spend less time working in the business?+
Our approach focuses on integrating and automating your financial management systems to create more efficient and scalable operations and custom-designing your financial reporting package to give you a clear and accurate picture of how your business is performing. By implementing strategic finance solutions, we aim to automate and streamline your business’ financial processes and increase the availability and credibility of management information. This allows your team to operate more independently, which in turn allows you to focus more on strategic planning and less on operational details, ultimately enabling you to spend less time working in the business and more time on other interests or exploring new business opportunities.
What makes your firm different from other financial consultants in the construction industry?+
Our unique edge lies in our firsthand experience as owners and CFOs within the construction and building material supply industries, in companies ranging in size from $5 M to $400 M. This background not only gives us a deep understanding of the specific challenges and opportunities within these sectors but also allows us to quickly grasp our clients' situations and provide effective, industry- and company-specific solutions. Unlike generalist financial consultants, our advice is grounded in decades of relevant experience, ensuring faster and more impactful results for your business.
Can you assist businesses looking to grow beyond their current size?+
Absolutely. Many businesses reach a growth plateau due to limitations in their existing financial management systems. Our expertise in strategic finance services is particularly beneficial for companies looking to scale. We assist you in preparing for and managing growth by optimizing your financial operations, improving cash flow management, and ensuring that your financial information and related systems support your strategic goals. Whether you're aiming to enter new markets or increase your service offerings, we provide the financial insights and infrastructure to support sustainable growth.
What's the first step in working with your firm?+
The first step is scheduling a free initial consultation with us. This meeting is an opportunity for us to learn more about your business, including your specific challenges, financial management needs, and growth aspirations. From there, we'll outline how our services can meet your needs and discuss the next steps toward implementing strategic finance solutions in your business. To get started, simply reach out to us through our website, email, or phone. We're here to help your business achieve its financial goals.
Case Studies
See how our strategic finance solutions have helped businesses achieve remarkable results.
Digital Conversion in the Accounting Department
Steep growth coming out of the housing collapse of 2009 reached a critical point in 2014 when the percentage increases in revenue were well into the double digits and the base to which they were adding was becoming sizable. The required transaction processing capacity of the Accounting department surged past the previous high point by about 30% and the company’s paper-based workflows became unsustainable and required the addition of significant staff and overhead costs.
Accurate Job Costing Aligns Incentive Pay with Company Success
The client had a very strong and trade-knowledgeable organization capable of delivering operational excellence on jobs ranging from very simple but high pace to very difficult but time-consuming. With such $100 M in volume, it was very difficult to tell if the company’s revenue-based commission plan was aligning the value of the contracts with the pay of the sales team, which led to negativity and the top salespeople feeling underpaid and threatening to leave jobs at competing companies.
A Better Pricing Model Leads to Increased Profitability
How to optimally price a mix of work that ranges from very easy to produce to very difficult. Complex jobs involve many more setups on the manufacturing line, slowing down production. Simpler jobs have fewer setups, so the line runs more continuously, increasing total throughput.