Article
Crafting a customized outsourced accounting solution
Oct 31, 2023
The craft beverage industry has grown exponentially over the past few years and with that growth comes the challenges of navigating the demands and changing tastes of the consumer, managing distributor relationships and analyzing the right kind of data to provide comprehensive financial insights into your growth.
With endless data at your disposal – taproom sales, production costs, marketing and shipment reports – where do you begin? It’s almost too easy to become overwhelmed with the information and spreadsheets available. Utilizing cloud-based financial management software can help manage and optimize your financial and accounting operations to better analyze your business and save your team time.
From automating manual processes to more efficiently capturing data, you can transform your accounting data into key performance indicators that are tailored to your business strategy and available whenever you need them. You can gain clarity and receive insights so you will be equipped to make decisions that drive results – ultimately giving you a competitive advantage.
Benefits of a cloud-based financial software
Whether you are looking for assistance with basic accounting and bookkeeping or outsourcing your entire accounting department, Baker Tilly’s client accounting services (CAS) team can work with you to create a customized solution that meets your needs and scales with you as you grow.
With experience in the craft beverage industry in several markets across the country, we can leverage our geographical knowledge and deep industry specialization to deliver customized outsourced accounting, finance and operational assistance – working alongside breweries to improve the way they do business and grow their bottom line.
Bottle
Bookkeeping services
- 1099 reporting
- Accounts payable processing
- Bank reconciliations
- Payroll processing and reporting
- Sales and use tax reporting
- Transaction recording
Case
Controller services
- Account reconciliations
- Audit documentation preparation
- Cash management
- Consolidated reporting
- Designing control procedures
- Financial statement preparation
Barrel
CFO services
- Budget preparation and reporting
- Cash flow analysis
- Financial forecasts and modeling
Ekos Brewmaster
Baker Tilly is developing a proprietary data integration with Ekos Brewmaster to transmit financial data from Ekos’ brewery production suite directly into Sage Intacct, giving you up to date sales and inventory financial reporting. This integration gives the finance team the ability to monitor in real time the finance side of manufacturing and distribution seamlessly in one location, without having to bounce between systems.
Spend less time on accounting and more time growing with Sage Intacct
As the only cloud-based financial management solution endorsed by the American Institute of Certified Public Accountants, Sage Intacct software solves real business challenges while optimizing your finance and accounting operations for better bottom-line results.
Baker Tilly can help implement Sage Intacct for your craft brewery, providing you with the financial information you need to support your growing operation, while reducing your dependence on manual spreadsheets. We make it easy to use Sage Intacct and integrate with new or existing solutions, helping you do more with less.
As a professional in the craft beverage industry, you want information that’s timely and relevant to drive the decisions you make every day. Baker Tilly provides craft brewers with financial solutions that can scale with speed and flexibility, allowing you to focus more time on the strategic aspects of finance and not the administrative ones.
