Ravix Group

Ravix Group provided accounting services to a biotechnology company focused on creating innovative treatments for cancers and infectious diseases. The company needed assistance with accounts payable processing, general accounting, and monthly book closures. Ravix Group also successfully cleaned up the company's fixed asset listing and provided valuable support during an AICPA audit. The engagement, which started in March 2024, is ongoing and involves a team of four part-time Ravix Group professionals. The biotechnology company found Ravix Group through an online search and chose them for their demonstrated experience in the biotech industry.

The Ravix Group was contracted by an IT services company to provide outsourced CFO services. The company sought assistance with accounting after its acquisition, ensuring GAAP compliance within public company accounting standards, and executive search. Ravix Group's team managed day-to-day accounting operations, monthly financial closes, cash-flow reporting, and forecasting. They also guided the company through more complex initiatives such as audit preparation, financial modeling, and integration of new business units. The company chose Ravix Group due to their high ratings, proximity, budget-friendly pricing, culture fit, value for cost, and alignment with company values.

AV Images, an AV production support company, hired Ravix Group for accounting and HR outsourcing. Ravix Group's responsibilities included reviewing and updating the company's books, cleaning up their accounting records, and assisting with tax preparation. They also recommended and assisted in the integration of Sage Intacct after the company migrated from Microsoft Dynamics NAV. Additionally, Ravix Group provided HR outsourcing services, offering on-demand expertise in legal compliance, risk management, and personnel matters. The engagement, which started in April 2018, continues to date with an annual investment of over $150,000.