Emerging growth government contractors look for accounting firms with a proven track record. The long term stability of RFS staff combined with the proven reliability of our processes help minimize risk for emerging companies.
Some government contractors are under the impression that they must use a specific accounting software package in order to be deemed DCAA compliant. However, the systems RFS uses have all been approved by the DCAA regardless of the software used. RFS will support any software system that our clients use, from QuickBooks to Deltek. Other providers have a limited range of software selections. RFS analyzes your software based on your needs, offering solutions that match both current and future requirements.
In the early stages, government contractors often need a flexible, cost effective alternative to the traditional in-house accounting department. RFS has built a proprietary Shared Services Center that allows for onsite assistance, offsite assistance or a combination of the two. While other accounting outsourcing providers do mostly onsite servicing, RFS has a flexibility that allows our clients to fully explore the benefits and economics of the true outsourced model. This allows RFS to provide a cost effective, customizable solution whereby the savings achieved from those operational efficiencies are passed along to our clients.
In keeping with its philosophy of flexibility, the RFS standard contract has a short-term termination notice while other firms tie their customers into a 12-18 month commitment. This allows RFS clients to immediately benefit from our experience without being locked into a cumbersome arrangement.
Our RFS staff is exceptional as well. Our professionals are CPAs or on a CPA career track. Our high standards provide our clients with a higher level of accounting expertise and professional judgment all along the continuum of experience.
Additionally, should a company need services beyond accounting, RFS offers benefits administration, financial reporting, tax assistance, audit preparation assistance, and strategic financial consulting. RFS takes a holistic approach to our client’s accounting and finance needs, giving our clients the entire range of necessary services at a fraction of the cost.
Excellence since 1994
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" RFS was the perfect fit for my needs...as my business has grown, your services have expanded to continue to suit my requirements"
CEO of Emerging Growth Company
This client came to Rose Financial Services producing approximately $1 million in revenues. It was a pioneer in an emerging industry. RFS was faced with the challenge of building a novel and scaleable accounting system that could function in this new industry. RFS created an auditable system that accurately and timely reported financial information. Our system enabled this early stage company to make sound financial decisions that helped it succeed.
The company grew to $20 million in revenue before being sold to a private equity fund. It is now in the process of going public.
Financial Result: Went from $1 million to $20 million in revenue before being sold to a private equity fund. A public offering is pending.
Case Study
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