Supporting Strategies

Supporting Strategies

Outsourced bookkeeping and operational support services

About Supporting Strategies

Simplify's Rating
Why Supporting Strategies is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Fintech

Financial Services

Company Size

201-500

Company Stage

N/A

Total Funding

$291.8K

Headquarters

West Hollywood, California

Founded

2004

Overview

Supporting Strategies provides outsourced bookkeeping and operational support services specifically designed for small and medium-sized businesses. Their services include managing accounts receivable and payable, invoicing, collections, payroll administration, and financial reporting. By assigning financial professionals tailored to each client's needs, they ensure personalized service. Operating on a virtual model, their team works remotely from the U.S., allowing them to deliver consistent and high-quality support while keeping costs low. Unlike competitors, Supporting Strategies focuses on providing comprehensive financial expertise without the overhead of an in-house team. Their goal is to enhance their clients' financial management, improve cash flow, and enable business owners to concentrate on growth and core activities.

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Simplify's Take

What believers are saying

  • Growing demand for virtual bookkeeping as remote work normalizes post-pandemic.
  • Rising interest in fintech solutions enhances efficiency in bookkeeping services.
  • Expansion of e-commerce businesses increases need for robust financial management.

What critics are saying

  • Competition from AI-driven bookkeeping solutions offering lower-cost automated services.
  • DIY accounting software like QuickBooks reduces demand for outsourced services.
  • Economic downturns may lead to budget cuts in outsourced bookkeeping services.

What makes Supporting Strategies unique

  • Offers tailored financial operations support based on client needs and work volume.
  • Operates on a virtual service model, providing remote yet U.S.-based support.
  • Focuses on comprehensive financial expertise at an affordable price.

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Funding

Total Funding

$291.8k

Above

Industry Average

Funded Over

1 Rounds

Angel funding comparison data is currently unavailable. We're working to provide this information soon!
Angel Funding Comparison
Coming Soon

Benefits

Remote Work Options

Performance Bonus

Flexible Work Hours

Growth & Insights

Headcount

6 month growth

↑ 0%

1 year growth

↑ 3%

2 year growth

↑ 3%

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