The Proof With Outsourced CFO
We’re honored to work with a wide range of exceptional organizations. Here’s what our clients have to say about us:
Carol Coughlin and other members of the Bottom Line Growth Strategies (BLGS) team provided comprehensive start-up finance and accounting advisory services to xG Health Solutions, Inc. during its formation period. Serving as “acting” CFO, Carol and her team at BLGS performed in a professional and highly competent manner. With the assistance of BLGS, xG Health was successfully transformed from a start-up, spin-out of a non-profit integrated delivery system to a high performing, independent, for profit, population health advisory and analytic operational entity in less than a year’s time.
The BLGS team could always be counted upon to provide timely, forthright finance and accounting advisory service during this period.
During a transition in our Finance Department, we needed both a professional assessment of the department and on the ground help guiding the department through it. BottomLine Growth Strategies came to the rescue. They not only provided a first-rate assessment but rolled up their sleeves and saw us through to the hiring of a new CFO.
When we were contemplating a difficult and major re-structure of management, BottomLine Growth Strategies helped us to develop a plan that ensured our success. We couldn’t have done it without them.
I have been working with BottomLine Growth Strategies and in just a few months I have resolved some key issues that were “keeping me up at night.” My company has seen tremendous growth and Carol and her team have given me the answers I need to make the best decisions for my business going forward. I have financial information that makes sense, metrics, a projection and cash flow. I can now focus on growing the business and not be weighed down with the uncertainty of the implications of it. I would highly recommend BottomLine Growth Strategies!
When I took over as managing partner, we were faced with the need to sharpen our financial reporting and planning without sacrificing time of our lawyers. We turned to carol and she revamped all of our monthly reporting and budgeting freeing us up to practice law. BottomLine Growth has been a value add for Bowie & Jensen.
Have recommended Bottom Line Growth Strategies to many of our members. Absolutely no reason to not use them. Their work is impeccable and their Vision and Mission is executed well making them a joy to work with.
I hired Carol and her firm in January of 2012 to provide ongoing accounting services. Her firm has been amazing in helping us not only get the information we need, but Carol has also provided expert and valuable advice in financial planning matters. Her skills and knowledge have been just what we have needed and more.
We hired Bottom Line to provide us financial analysis on levers we could pull to grow our business smartly and strategically. They did an incredible job and provided us action steps to take to move us down the field. Highly recommend Carol and her talented team.
BottomLine Growth Strategies provided our company with a great strategy for tracking profitability. They quickly grasped our business model and complexities, were able to think about creative ways to address our issues and provided proven solutions to realigning our financials and books. We are very grateful to them and their high level of expertise and would recommend their services to any firm that truly cared about their financials and books being in great order and a tool to make executive decisions.
We hired BottomLine at the beginning of 2008 to act in an outsourced CFO capacity for our company. Tasked with reviewing and revamping our entire financial processes from beginning to end, BottomLine has been phenomenal in producing concrete results for us that have resulted in dramatic increases in profitability, reduction in outstanding accounts payable, improved collection time for accounts receivable, and overall greater insight into various financial aspects of the business. We are extremely pleased with the service they have provided for us and look forward to our continued relationship with them.
Sharp focus, forward thinking, the ability to quickly trouble shoot and resolve problems, and attention to detail are all attributes of Carol Coughlin. Carol has worked for me for a total of 13 years at two different companies as my CFO. She has the unique ability to see the big picture while not losing track of the details. She easily developed credibility with the Board, the bankers, auditors and regulators. She was an instrumental part of the deal team to help sell one of the companies we worked on together. She successfully implemented meaningful financial and business reporting, budgeting and forecasting where none had previously existed. And, I relied on her for sound business advice. I enthusiastically recommend Carol Coughlin as CFO/Business Advisor for companies experiencing growth and/or having performance challenges.
BottomLine’s assistance established the foundation that allowed our client to have a smooth and seamless accounting and payroll transition.
Our non-profit organization was looking for someone to take a close look at our financial management, projections, long-term financial needs and provide us with some financial goals. Carol came through 100%!!! Her interactions were always professional and efficient. She gave us information that helped our Board of Directors have a vision for our fund raising and diversifying our funding base. THANK YOU!
I am delighted to provide an excellent reference for Carol and her company, Bottom Line Growth (BLG). I initially engaged BLG to conduct an assessment when I first came to BOC almost five years ago. They provided a cogent evaluation and analysis of our internal policies and processes, financial health, and needed improvements. Next I engaged BLG again by retaining an “outsourced CFO,” who spends about two days a month onsite at BOC. This was one of the best decisions I ever made. In fact our Controller has stated she would never work anywhere that didn’t have this setup. To Carol’s credit, the CFO she placed with us was a great fit, and her activities have evolved with our needs. For example, at one point we had some internal staffing issues, and BLG provided valuable support as we navigated those.
Carol checks in frequently and makes any needed changes to ensure small problems never become large ones. I have a tremendous amount of respect for her, as do all who know her. She has an outstanding reputation in the community!
Carol is a highly professional CFO who quickly delved into my company’s finances and provided us with useful and detailed analyses and forecasts of our income and expenses. Carol helps her clients and colleagues build their businesses by connecting them with others in the Baltimore business community. Her breadth of experience in finance and her role as a business owner herself sets her apart from other CFOs. I would highly recommend Carol to business owners who want to gain a deeper understanding of their finances and to plan for future growth.
Carol quickly gets to the heart of a challenge and contributes in a meaningful and timely way. When organizations are in transition or in a growth mode, investing in CFO services by the drink from such a fast study adds value, and allows resources to be used efficiently.
I have had the pleasure of working with Carol for more than a year and I have found that she is an extremely hard and smart problem solver. One of the most fascinating traits that Carol posses is her attention to detail without losing sight of the big picture.
BottomLine Growth Strategies provided me the opportunity to assume a more strategic role in my company. My CFO Guide added insight on the most effective communication styles regarding financial conversations and she is always a great sounding board for planning and creating opportunities. BottomLine has been a tremendous resource for me and our company.
Carol has worked with several of our clients as a virtual CFO — from local start-ups to national industry leaders. She is able to bring all of the skills and insights you’d expect from a full-time CFO with 20+ years experience to a management team in a part-time capacity. A great option for getting the financial side of a small- or mid-market business under control.
Carol has been invaluable in helping clients understand their financial stragtegic needs in order to achieve growth. She provides the road map they need to meet their bottom line growth. Carol also mentors several controllers in preparing them to be a CFO. She understasnds the big picture and knows how operations, sales, and finance all intersect. We routinely use Carol to keep us focused. There are many CFO’s for hire but Carol has the experience of 3 start ups guiding them from thier first dollor to over $400 million. I welcome any questions about her services and approach. Eric Miller Managing Partner Smart Performance Strategies, LLC.
Carol is a great mentor and coach to Celebree Learning Centers CFO.