CapActix Business Solutions
visit site- Undisclosed
- 50 - 249 employees
- New York, NY
CapActix Business Solutions is an accounting and finance consulting firm based in New York with an additional location in Ahmedabad, India. Founded in 2015, their 10 employees serve small business and midmarket clients mainly in the retail, manufacturing, and hospitality and leisure sectors. Their main offerings include finance and accounting outsourcing, bookkeeping, business consulting, payroll processing, financial accounting, and tax preparation services.
Client Insights
Industry Expertise
20%
20%
20%
10%
10%
10%
10%
Client Size Distribution
Small Business (<$10M) 80%
Midmarket ($10M - $1B) 20%
Common Project Size
$10K-$49K 3 projects
Clients
- CPA Firms,
Highlights from Recent Projects
CapActix Business Solutions was contracted by MOI International, a wholesale foodstuff trader, to provide accounting services. The company faced challenges in periodical reconciliation and management information system (MIS) reports. CapActix was tasked with creating an integrated accounting software for documentation and management reporting. They identified gaps in the existing system and developed a revised business master inclusive of account charts, process tracking documents, profit centers, and cost centers. The software was run parallel to the existing system for a month before MOI stopped maintaining their accounting data internally and handed over full responsibility to CapActix.
The construction company, Selective Services Limited, hired CapActix Business Solutions to address challenges with inaccurate cost estimations that led to lost bids. CapActix was responsible for providing a wide range of financial services including accounting, budgeting, and tax compliance. They also managed the company's account books and payroll. CapActix's involvement led to Selective Services winning a project due to accurate bidding. The team assigned to the account included an accountant, a supervisor, and a manager. The company spent less than $50,000 for CapActix's services, opting for a fixed price model. Their partnership started in June 2017.