Fesnak and Associates Unveils Financial Management Solutions

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) November 16, 2011 -- Blue Bell, PA—November 15, 2011 – Fesnak and Associates, LLP recently announced the expansion of their Financial Management Outsourcing group, which will now be known as Financial Management Solutions (FMS). The name change better reflects the full suite of innovative advisory services they now offer.

“We’ve long provided a fully-managed, shared-services solution that allows companies to outsource their entire accounting and finance function, from back-office transaction processing up through the CFO role. But as business has become more complex in our ever-changing economy, clients were asking for advisory services in other areas. Over the past few years our services have blossomed into a full suite of solutions. In addition to outsourcing, we now offer objective financial advice on a consultative basis that helps clients reach their goals, as well as seasoned professionals who assist clients with interim management or staffing needs. It was time for a name change to better reflect the many alternatives we offer,” said James Caruso, partner and FMS group leader.

The expanded offering includes a full range of advisory services to help improve clients’ financial management processes and business performance. With real-world experience as CFOs and controllers, Fesnak’s professionals offer advice and best practices on a wide range of topics, including: financial forecasting, cash flow analysis, profit improvement, pre-audit preparation, post-acquisition integration, accounting software consulting, and industry benchmarking. “Our team’s expertise in operational finance and management accounting is unique and unmatched among CPA firms and Fesnak’s other specialized services bring a depth and breadth of expertise to further augment our capabilities,” said Caruso.
“Some companies may not need us all the time, but just need help with specific challenges. Working on projects this way enables more companies to access expert advice more cost-effectively, on an as-needed basis,” Caruso explained.
The response has been enthusiastic: at a time when most accounting firm revenues remain stagnant, this practice area has experienced twenty to thirty percent growth in each of the last three years.

“This tells us we’re offering the right services in the right manner. These are the kinds of insightful solutions today’s businesses need to succeed,” Caruso said.
About Fesnak and Associates, LLP
Fesnak and Associates, LLP, a leading accounting and business advisory firm with offices outside Philadelphia and in New York City, Wilmington, DE and Allentown, PA, serves clients which range from large, privately held, multi-generational companies to emerging growth businesses to multi-national public corporations. Many clients are among the Top 100 fastest-growing companies in the Philadelphia metropolitan area.

Their mission is to provide high quality, sophisticated audit, accounting, tax, financial management, bankruptcy and restructuring and transaction advisory services that are relevant to their clients' business needs to enable them to achieve their business objectives.
Additional information about the firm is available at www.fesnak.com.

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