Lucrum Consulting, Inc.

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Lucrum Consulting, Inc. is an accounting firm founded in 2009 in Charlotte, North Carolina. Their team of close to 10 employees provides finance and accounting outsourcing to mostly small businesses in the real estate, business services, and manufacturing sectors. 

Client Insights

Industry Expertise

Real estate

40%

Business services

15%

Manufacturing

15%

Other industries

10%

Retail

10%

Financial services

5%

Legal

5%

Client Size Distribution

Small Business (<$10M) 80%

Midmarket ($10M - $1B) 20%

Common Project Size

$10K-$49K 6 projects

<$10K 2 projects

$50K-$199K 2 projects

Clients

This provider has not added their key clients.

Highlights from Recent Projects

Overall Rating

5.0
14 Reviews

Lucrum Consulting, Inc. was contracted by Hylaine, a technology consulting firm, to provide accounting services. They were responsible for bookkeeping and tax preparation, using QuickBooks for task execution. The main contact was Adrienne, an Accounting Specialist, who was supported by the company's owner. The collaboration lasted from October 2019 to December 2022, with a total investment of approximately $32,000. Although the monthly bookkeeping services agreement ended, plans for future collaboration on tax preparation are being considered, indicating a satisfactory partnership.

Saratoga Asset Management, a real estate development company, engaged Lucrum Consulting, Inc. for assistance in organizing their bookkeeping records. Lucrum created a QuickBooks-based accounting system and helped interpret day-to-day activities, such as invoices, income, and bank statements, from an accounting and tax perspective. The owner of Saratoga Asset Management worked directly with one person from Lucrum Consulting, Inc. The partnership, which began in February 2020, is ongoing, with Saratoga investing over $22,000 so far. The increasing quarterly charges reflect the increased workload, indicating a successful and beneficial partnership.

Lucrum Consulting, Inc. was hired by a nonprofit furniture organization to provide accounting services. They managed the organization's QuickBooks accounting and helped resolve invoice and other accounting issues. The main point of contact was Lauren, an Accounting Specialist. The collaboration began in February 2021 and is still ongoing, with the organization investing around $5,000 so far. The engagement's continuation suggests that Lucrum Consulting, Inc. is providing satisfactory accounting services.

Timeliness

5.0

Service Excellence

5.0

Value

4.8

Would Recommend

5.0

Awards

36950

2022