Norman Professional Services

Norman Professional Services partnered with Simple Machines, a technical consulting and training company, to provide daily bookkeeping and financial services. The team was responsible for financial forecasting, cash flow analysis, account reconciliation, and accounts payable and accounts receivable management. They also assisted in the migration of QuickBooks from the desktop version to the cloud. The team, which included three core members, provided valuable suggestions for operational improvements to enable faster payments. The partnership, which began in December 2020, has seen an investment of between $170,000 and $200,000 and is ongoing.

For Medical Captive Underwriters, a health insurance firm, Norman Professional Services was hired to create financial statements, establish a bookkeeping platform, and facilitate ease of use in reporting and tracking monthly revenue and expenses. The team was found through a referral and was chosen for their high ratings, good value for cost, and alignment with company values. The scope of work included coordinating vendor invoices and recurring revenue from 2022 forward, and reconciling books and records to ensure alignment with expenses and income reported to third parties.

Norman Professional Services was engaged by SpeakerFlow, a software implementation company for thought-leadership businesses, to provide financial consulting services. The team was tasked with identifying key financial numbers and reports, and providing strategic advice to aid in decision-making. The scope of work involved managing the client's QuickBooks Online file, categorizing transactions, managing the Chart of Accounts, and providing advisory on the overall finance process and structure. The team was found through a referral and was chosen for their expertise and recommendations.