Why should I engage Palmar Consulting?
Palmar Consulting provides cost effective solutions allowing your company and its management team to focus on core competencies, not a non-revenue overhead department like accounting/finance. We give you access to accounting professionals with a higher level of industry specific expertise than normally available internally. We provide your company with the appropriate level of talent needed, on a flexible basis throughout the year, to optimize your transaction processing, meaningful financial reporting, forensics, auditing, and analysis functions.
What functions can Palmar Consulting perform?
We can do everything your current accounting department can do. We design solutions based on your needs with flexible scalability in mind. If a solution demands an entire accounting department, we can provide that quickly. If additional staff is all that is needed, we can arrange that too.
Will I lose control of my accounting information?
Absolutely not! Our solutions are designed with internal controls and procedures similar to those found in any Fortune 500 accounting department. Our systems knowledge and financial management experience allow us to build a reliable environment that safeguards your accounting information with greater controls. Clients always have access to their accounting information and management reports.
Why would a CEO or COO need Palmar Consulting?
We allow a CEO or COO to get out of the daily review of transactions freeing them to focus on the strategic paths addressing core business functions and adding value to their company. Isn't that the role of the CEO or COO in the first place?
How do you price your services?
Our pricing is based on the expertise needed to fulfill your requirements. Costs are significantly less than the overhead required to perform the same functions internally. This puts you in control of your own overhead. We are completely flexible and can provide you with the talent needed for the length of time required to get the job done, no more and no less.
How can Palmar Consulting do the same or better work for less money?
Our solutions are flexible resulting in variable cost models. By eliminating the typical fixed cost model associated with an internal accounting function, a company can save thousands of dollars yearly. For example, you will no longer have employer taxes, benefits, or related matching contribution costs.
Our variable model allows you to increase and decrease staff based on your companies requirements without placement fees, severance, and related costs. As we work in your facilities there is no incremental overhead.
As accounting professionals, our core business is financial reporting and advisory services. We are more efficient than internal accounting departments because our engagements are thoroughly scoped and defined prior to the initial phase, which minimizes inefficiencies and related difficulties. In addition, we assign industry-trained professionals to service our clients.
What makes Palmar Consulting different from other companies?
In an era of financial reporting irregularities, our solutions provide a better vehicle to manage the accounting and finance needs of today's emerging businesses. We are experts in accounting and finance; our core business is accounting and finance. However, it's quality and dependability that separates us from the pack!
How long would it take Palmar Consulting to fix my accounting problems?
That depends on your needs, the current state of your business processes, and your financial information. Our solutions offer practical strategies to get your accounting operation back on track—ASAP.
What are the key steps Palmar Consulting carries out when it starts working with a new client?
Unlike many of our competitors, we do not implement a canned accounting solution and/or expect our clients to change the way they do business to accommodate us. Palmar Consulting solutions are customized around the client's needs. We will first participate in a Business Intelligence Cycle (BIC), which includes meeting key operational and administrative personnel, evaluating existing business processes, and gaining a thorough understanding of the client's business and strategic objectives. The BIC process allows us to create a unique solution that enables the client(s) to achieve their overall business objectives.
How does Palmar Consulting typically work with a new client: on-site, via electronic, or a combination?
We use state of the art technology to redefine how accounting is done, both internally and externally. However, human interaction and communication is of equal importance to be successful. We believe that the relationships with clients should never be replaced with technology. Our solutions offer real people and state of the art technology at your fingertips.