Advisory

CFO Advisory

At RMG, our team of experienced professionals deliver a wide range of financial, strategic, and operational services to meet our clients' current and future financial goals while working closely with them as an advisor. A few key objectives are financial turnaround, growth initiative, or building a turnkey organization ready to sell.

With our CFO Advisory Engagements, we build a back office, oversee cash flow management, budgeting, forecasting and financial reporting. We ensure timeliness, accuracy, and usefulness of financial and management reporting. We implement and customize new accounting software and technology while also improving financial processes and internal control design. We assist in securing financing for working capital, growth initiatives and real estate. Most importantly, our professionals work to improve and maintain the relationships with our clients' key stakeholders.

RMG has a proven track record of success. Depending on our clients' needs, we have varying levels of service we can provide to support and add value to our clients' businesses. Whether it's a temporary engagement while searching for a permanent professional, or only a part time resource, our team is the ideal strategic partner.

Client Accounting Services

Managing the day-to-day accounting function can be challenging and time-consuming for growing businesses. RMG's Client Accounting Services (CAS) team provides scalable accounting and financial reporting solutions that allow business owners and management teams to focus on running their operations while maintaining accurate and timely financial information.

Our professionals can serve as an extension of your accounting department, providing support ranging from transaction processing and account reconciliations to financial statement preparation, cash flow management, budgeting, and outsourced controller services. We leverage modern accounting technology and streamline processes to deliver reliable financial information that supports informed business decisions.

Whether you need assistance with monthly accounting activities, financial reporting, or strategic financial oversight, RMG offers customized solutions designed to meet the unique needs of your organization.

Transaction Strategy & Advisory

RMG has emerged as a valuable resource in the transaction strategy and advisory space. We strive in our ability to assist clients implement best practices, produce real-time reporting, and forecasted reports, as well as work as a trusted advisor throughout the due diligence process.

RMG works closely with our clients to produce monthly management reports that will track key performance indicators, as well as real-time projections. This is a crucial process as it allows our clients to have more comprehensive reporting for interested third parties. We also perform deep dives into the accounting software to estimate the quality of earnings adjustments that will arise both for and against our clients so informed decisions can be made.

Utilizing the management reports and analysis we provide, RMG provides our clients with estimated enterprise values. We use these estimates to project tax implications, as well as the net cash flows our clients would receive at each target selling price. This is crucial so a minimum target price can be established.

RMG has successfully acted as transaction strategy advisor for numerous clients. The prospect of selling a business can be both exciting and stressful. We take pride in our ability to act as a reliable partner throughout the entire due diligence process.

Certification & Prequalification Services

For clients who intend on securing contracts with governmental agencies, we provide guidance throughout the prequalification and certification process. We will also identify opportunities for clients to obtain MBE, WBE, SBE, DBE, 8A, Hub Zone, and SDVOB certifications when they meet the applicable criterion.

Succession Planning

The importance of a succession plan cannot be overlooked. Each plan is designed to attain operational continuity while maximizing shareholder value. RMG collaborates closely with clients, advisers, and key personnel to ensure successful execution of the plan.

Technology Support

A common scenario encountered during the initial assessment of a clients' use of technology is the under-utilization of the systems' capabilities as intended. Accounting system implementation and migration can be costly and labor intensive. Our team is cognizant of the cost benefit to the client and implements strategies that will attain desired goals in a timely manner based on the financial and human resources available from the client.

Artificial Intelligence & Process Automation

• Evaluate business processes and identify opportunities to leverage AI and automation to improve efficiency.
• Assist with the implementation of AI-powered tools for accounting, financial reporting, and operational workflows.
• Develop policies and governance frameworks for the responsible use of AI within your organization.
• Assess internal controls and risks associated with AI-generated information and automated decision-making.
• Train management and employees on practical AI applications to improve productivity and reduce administrative burdens.
• Integrate AI solutions with existing accounting, project management, and business systems.
• Analyze financial and operational data using AI-enabled tools to identify trends, risks, and opportunities.
• Advise on cybersecurity, data privacy, and regulatory considerations related to AI adoption.
• Evaluate AI solutions for job costing, project forecasting, estimating, and operational reporting.
• Automate repetitive accounting and administrative processes to improve efficiency and reduce manual errors.
• Enhance financial reporting and management dashboards through AI-driven data analysis.
• Assist with AI governance, internal controls, and data security considerations.
• Provide employee training and best practices for the effective use of AI tools in the workplace.