Finance & HR

Financial and HR management are often overlooked areas for significant value creation in small and mid-sized business services and software organizations. Many organizations struggle to find the capital to grow or find challenges in managing payroll, healthcare, receivables, etc. as they expand.

BACbone has seen this movie up close. Over the past decade the team has built new ERP systems, developed new financial reporting systems migrating from Quickbooks or others to more advanced systems, adopted new HR practices for compliance and overall greater retention and training, etc. The team has dealt with the significant challenges of sales tax collection and management as an organization expands across geographies and into new business models. We bring advanced financing ideas as well as relationships with key financial institutions to companies through equity, debt, factoring or other ways to expand access to capital.