Check Out All The Consulting Services We Offer
Utilize Our Experts to Support Your Growth and Needs
Askt Chief Financial Officer
An ASKT CFO supports your company by directing the fiscal functions of the company in accordance with generally accepted accounting principles (GAAP) and in accordance with financial management techniques and practices appropriate within your industry.
The CFO works with your Management Team to establish long-range goals, strategies, plans, and policies, by directing resource allocations, setting targets & incentives, becoming your advocate, voice, and face to investors and financial institutions, and additionally assisting with the execution of mergers, acquisitions, or divestitures.
Utilize an ASKT CFO to deliver innovative, practical knowledge and experience to meet your company’s business needs and improve overall business performance.
ASKT CFO Deliverables Include the Following Initiatives
What to Expect
See the big picture
Understand your financials, align your overall strategy, decide where to invest and divest, and prioritize opportunities.
Reduce cost
Eliminate waste, gain supply chain effciencies, manage products/services better, and more
Quick results
Achieve desired outcomes with an immediate impact to cash flow and your bottom line
ASKT Controller
Looking for a motivated and energetic individual who is not afraid to roll up their sleeves to help the success of a growing company? An ASKT consultant is responsible for the day-to-day operations of the Accounting Department, including Management Reporting, Corporate Reporting Requirements, and Accounts Payable & Receivable Supervision.
Utilize an ASKT Controller to provide Upper Management with the preparation of accurate, thorough, and quality financial and operating statements in a timely manner.
Our Controllers possess strong knowledge of Financial Analysis and Planning, Accounting Analysis, Budgeting, and Forecasting, Cost Control, Process Improvement, and Standardization, Reporting Data and Analytics, Financial Consolidations, Cross-Functional Team Leadership, Full Cycle Accounting, GL Accounting, Account Reconciliations, Payroll, Accounts Payable, Accounts Receivable, Internal Audit, External Audit Support, Variance Analysis, Financial Reporting, Financial Statement Preparation.
What to Expect
Greater Accountability
Build a learner, stronger business using tools and methods that support accountability for change
Quick results
Achieve desired outcomes with an immediate impact to cash flow and your bottom line
Reduce cost
Eliminate waste, gain supply chain effciencies, manage products/services better, and more
Cost Reduction
A successful zero-based budgeting (ZBB) program relies on four repeatable components to achieve continuous cost improvement:
- Target-setting based on granular KPIs
- Driver-based budgets negotiated between dual owners of costs
- Rigorous tracking and monitoring
- Identification of a steady stream of savings initiatives and breakthrough ideas that challenge the status quo.
- We have helped companies in many different industries successfully execute ZBB programs, freeing up, in some cases, hundreds of millions of dollars to re-invest in the business. When combined with zero-based redesign the impact can be even more transformative. In fact, when companies use ZBB and ZBR together they achieve savings of 25% or more for targeted functions and activities, since this combined approach extends the clean-sheet view of your business across your operating model, processes and workflows.
What to Expect
Reduce Costs
Eliminate waste, gain supply chain efficiencies, manage products/services better, and more
Quick Results
Achieve desired outcomes with an immediate impact to cash flow and your bottom line
Sustainable Improvement
Infuse an owner activists mindset to support continous gains
Financial & KPI Data Modeling & Analysis
PLAN SCENARIOS TO SCALE AND ENHANCE YOUR SUCCESS
Have you created your what-if analysis and modeled what your business plan should be doing with your new product or service? Our finance experts help you manage your growth, plan your success and manage your money.
Improve Analysis and Results
Owners and investors need to utilize financial modeling as part of their basic analyses. Potential issues regarding profitability, risk, working capital, and future cash flows become apparent through modeling. Financial modeling helps focus on issues critical to your business and oftentimes identifies a hidden issue that may have gone unnoticed until it was a real problem.
Having a well-constructed financial model can help achieve an understanding of your financial metrics which will allow you to better evaluate the health of the business, identify financial issues, interpret and identify historic trends.
Types of Models
What to Expect
See the big picture
Understand your financials, align your overall strategy, decide where to invest and divest, and prioritize opportunities.
Create a repeatable model
Define objectives and sources of value, develop an m&A program based on frequency, size and timing of deals, and build the team and processess that support consistent deal making.
Rethink risk versus safety
Understand the realities of scale versus scope, and wh scale is not necessarily safe and scope is not necessarly risk
Metrics & Key Performance Indicators
Metrics refer to a wide variety of tools that managers and executives can use to track and evaluate the process and performance of their employees, their products, services, and customer satisfaction. In order to establish a metric, a company first needs to find a critical process, find the outputs that correspond to the amount or type of work and then set goals for those outputs.
KPIs (Key Performance Indicators) show how effective your company is at achieving the business goals and objectives.
What to Expect
Greater Accountability
Build a learner, stronger business using tools and methods that support accountability for change
Quick results
Achieve desired outcomes with an immediate impact to cash flow and your bottom line
See the big picture
Understand your financials, align your overall strategy, decide where to invest and divest, and prioritize opportunities.
Private Equity
ASKT Consulting group provides detailed full due diligence planning and potential acquisitions. We also provide Private Equity firms with a full array of post-transaction services to support continued portfolio company EBITDA growth. We have become an essential part of many Private Equity firm's "tool kit."
What to Expect
Early insights
During due diligenceand before the deal closes, we identify andd size up key value creation opportunities tied to your investment thesis.
Strong start
immediately post-close, we support the drive for rapid returns by helping implement quick wins, often centered around commercial excellence or cost initiatives.
A winning strategy
we help leaders make critical choices for any business, covering ambition, where to play and how to win with a clear roadmap that enables value creation at speed
Tailored results
continuing from strategy, we lead full business transformations or provide focused support on selected priorities, including merger integration, supply chain reinvention and much more.
Expansion and Business Plans
Why Do You Need a Business Plan and What Does It Do for Your Business?
Prepare before you launch a new business, product, or service. Understand your risks and rewards with our Business Plan Financial Modeling.
A business plan is a document that details how your business is going to achieve the organization's goals. The plan has two primary objectives; to help keep your company on track and to help attract investment. ASKT will help create your written plan to enable you to clearly define the organization of marketing, financial, and operational goals and activities. This tool will help guide your business forward, enable you to keep track of the opportunities and objectives that you layout annually, and convey to investors and bankers your organization's prospects and growth potential. An ASKT professional will work with you to guide and assist you through the planning process and make it a worthwhile experience rather than a tedious task.
Have you created your what-if analysis and modeled what your business plan should be doing with your new product or service? Our finance experts help you manage your growth, plan your success and manage your money.
What to Expect
See the big picture
Understand your financials, align your overall strategy, decide where to invest and divest, and prioritize opportunities.
Create a repeatable model
Define objectives and sources of value, develop an m&A program based on frequency, size and timing of deals, and build the team and processess that support consistent deal making.
Rethink risk versus safety
Understand the realities of scale versus scope, and wh scale is not necessarily safe and scope is not necessarly risk
Lean Six Sigma for CEO’s and Executives
An introduction to Lean Six Sigma concepts to improve your company, meet your business objectives and serve your customers.
This is a quick high impact course that guides you and/or your team through the concepts and principles of this amazing quality improvement method which will give you tools to identify and eliminate waste and reduce or eliminate quality problems within your organization.
Discover and understand the four drivers of Lean Six Sigma and how they apply to you and your company:
- Delight your customers with quality and speed
- Improve your processes
- Collaborate for maximum gain
Base decisions on data and facts
What to Expect
See the big picture
Understand your financials, align your overall strategy, decide where to invest and divest, and prioritize opportunities.
Reduce cost
Eliminate waste, gain supply chain effciencies, manage products/services better, and more
Quick results
Achieve desired outcomes with an immediate impact to cash flow and your bottom line
Executive Coaching
We provide professional guidance and mentorship designed to support individuals who are starting, growing, or managing their own businesses. We develop a one-on-one relationship between a seasoned entrepreneur or business coach and an aspiring or existing business owner. The primary objective of our entrepreneur coaching is to help the you improve your entrepreneurial skills, overcome challenges, and achieve your business goals.
A Coach to Guide You to the Next Level
Common challenges for entrepreneurs that a dedicated coach can help solve.
Learning to Lead
Leading is a skill developed over time. An entrepreneur coach can help you identify weaknesses and strengths. guide you through tough personnel decisions, and help you up your overall leadership game.
Pressure From Stakeholders
If you report to a board or private equity operator, an entrepreneur coach can help you leverage our process to bring transparency and visibility to key stakeholders. An entrepreneur coach can help you when you face uncertainty or challenges you've never faced before.
Doesn't Know Where to FOCUS
Entrepreneurs can be tempted by shiny objects that bring their attention away from key activities that will ultimately move the needle on growth an entrepreneur coach can help you hone your focus.
Imposter Syndrome
When you're a newer leader, Imposter Syndrome can set in, destroy your confidence, and leave you questioning your abilities. An entrepreneur coach can help you navigate the pressures that come with leadership at your level.
Need a Resource
As an entrepreneur, you don't know what you don't know. The good news is, our coaches have been there. An entrepreneur coach can help answer any questions or proactively suggest strategies and tactics that will benefit you and your company
- Personalized Guidance Entrepreneur coaching is tailored to the unique needs and objectives of the individual Coaches work closely with their clients to understand their specific business challenges, aspirations, and personal strengths and weaknesses
- Skill Development Coaches help entrepreneurs enhance their skill set in various areas, such as leadership, decision-making, time management, problem-solving and communication. They provide insights, strategies, and tools to help clients become more effective business leaders
- Goal Setting: Coaches assist clients in setting clear and achievable business goals. These goals may include revenue targets, market expansion, product development or personal growth as a business leader
- Accountability Entrepreneur coaches help clients stay accountable for their actions and commitments. Regular check-ins and progress tracking keep clients on track to achieve their goals.
- Problem-Solving Coaches assist entrepreneurs in identifying and addressing specific business challenges. They provide guidance on how to approach difficult situations, make tough decisions, and navigate obstacles
- Network Building Coaches often leverage their own networks and connections to help clients build valuable relationships and partnerships within their industry.
- Confidence and Motivation: Entrepreneur coaching can boost on individual's self-confidence and motivation by providing encouragement and positive reinforcement.
- Work-Life Balance: Coaches also help clients maintain a healthy work-life balance,
as the demands of entrepreneurship can often be overwhelming. - Long-Term Success: The ultimate goal of entrepreneur coaching is to support the long-term success and sustainability of the client's business. Coaches may work with clients for an extended period to ensure their continued growth and development.
Entrepreneur coaching can be particularly beneficial for those who are new to entrepreneurship and need guidance to navigate the complexities of running a business. It can also benefit experienced entrepreneurs looking to refine their strategies, overcome stagnation, or scale their businesses to new heights. The relationship between the coach and client is built on trust, open communication, and a shared commitment to the client's success.
What to Expect
Quick results
Achieve desired outcomes with an immediate impact to cash flow and your bottom line
See the big picture
Understand your financials, align your overall strategy, decide where to invest and divest, and prioritize opportunities.
A winning strategy
We help leaders make critical choices for any business, covering ambition, where to play and how to win with a clear roadmap that enables value creation at speed
Tailored results
Continuing from strategy, we lead full business transformations or provide focused support on selected priorities, including merger integration, supply chain reinvention and much more.
Business Transformation
ASKT Consulting is dedicated to providing global business transformation services for our clients. Our success is measured in listening to our clients’ issues and needs so we can best evaluate, develop, and implement a personalized pragmatic solution that adds value to our clients’ enterprise and business
What to Expect
Change the culture
Instill an ownership mindset across the organization
Enhance service levels
Concentrate on key customers and increase your competitive differentiation.
Sustainable improvement
Infuse an owner activists mindset to support continous gains
Greater Accountability
Build a learner, stronger business using tools and methods that support accountability for change
Customer Experience
Focusing on economics first, we work alongside companies to design and implement segmentation strategies tailored to their needs. Our analysis is comprehensive, but we are careful to keep our clients focused on the data that directly relates to product and process improvements that will generate results.
Simple averages can’t accurately capture the preferences of either your customers or the marketplace as a whole. A sound customer strategy recognizes that profit potential varies dramatically across a company's customer base, and different customers can have radically different needs and behaviors. We work with clients to understand their customer segments and align these insights to their organization's unique operational strengths.
What to Expect
Change the culture
Instill an ownership mindset across the organization
Enhance service levels
Concentrate on key customers and increase your competitive differentiation.
Sustainable improvement
Infuse an owner activists mindset to support continous gains
Greater Accountability
Build a learner, stronger business using tools and methods that support accountability for change
Software Implementation & Optimization
Optimize Your Current Software to Make Better Business Decisions and Create Efficiencies
BUSINESS SOFTWARE
ERP and POS systems impact almost every aspect of a company, so the success of an implementation is of the utmost importance.
Our team of consultants helps small to mid-market manufacturers, service providers, and retailers reduce the chance of implementation problems by helping manage complexity, risk, and data integration challenges.
Proven Methodology
Whether your company is switching to a completely new system or undergoing a major upgrade, take advantage of our proven ERP and POS implementation methodology. Our past ERP and POS services have helped reduce the load on company resources.
ERP and POS Implementation Experts
While most small to mid-market manufacturing, service provider and retail companies are lacking in implementation expertise, our team of experts are here for you to leverage for the best results. We will supplement your team in all critical focus areas of the project, including:
An Engaged Process
We’re with you all the way. The most successful and seamless implementation occurs when the client is fully engaged in the process. ASKT will help you align your resources, the executive team, and the needs of the project.
ERP and POS Implementation Services
Our multi-step implementation process has helped over 300 manufacturing and distribution companies optimize their business processes. Here are our main areas of focus in an ERP and POS Implementation project:
Pre-Implementation Expertise
During the business process improvement phase, we will help you define your key performance indicators and a reporting strategy as part of the future state.
ERP and POS Project Management
Our project managers are experts in managing and leading client and vendor teams towards a successful ERP and/or POS implementation.
Change Management
Organization Change Management is a key part of process improvement and, therefore a key part of every implementation. We will guide your client team every step of the way in the development of a change management plan.
ERP and POS Education
Our team excels at setting up and delivering effective ERP and POS Education materials to the manufacturing enterprise. All process owners must become “ experts” in their own right in order for successful implementation and go-live. A thorough education process helps with adoption and effectiveness in the years to come.
Design and Configuration
We offer guidance to both the client and vendor team when designing and configuring the system to meet specific business requirements.
ERP and POS Data Conversion
Our consultants are experts in ERP and POS data conversion and management. During the review of the current state and the development of the future state, we will map a data strategy for the conversion of data files, both current and historic. We will assist the client IT team with the planning and execution of data conversion to a new system.
Quality Control
We have significant experience designing an effective development/test phase for extensive testing of the new system in conference room pilot environments. We will lead in-depth sessions for testing of processes, integration, and workflow.
Deploy/Go-Live
We assist in the final deploy and go-live after thoroughly managing and tracking the pilot, tests, data migration/integration and fixes or customizations, and other pre-deployment phases. We will help your company turn the focus onto user instruction, user documentation, and training with the entire user community. Finally, the team finalizes the “cutover” plan of activities, and revises it as needed to minimize disruptions to the operation.
Deliver Business Performance Improvements
We will ensure the project team keeps their eye on the true goal: business process improvement. All too often, implementation teams lose sight of the true goals of the project yielding to the desire to “just get it implemented.” Our change management activities keep everyone’s attention on driving business process improvement that drives business performance improvement.
What to Expect
Quick Results
Achieve desired outcomes with an immediate impact to cash flow and your bottom line
Sustainable Improvement
Infuse an owner activists mindset to support continous gains
Enhance service levels
Concentrate on key customers and increase your competitive differentiation.
Reduce Costs
Eliminate waste, gain supply chain efficiencies, manage products/services better, and more