#United States #St. Louis #Advisory Services #Virtual CFO #Anders CPA

Anders Restructures Its Advisory Practice

In a significant move to enhance its client offerings, Anders has formally restructured its advisory practice to feature eight service lines strategically grouped into Integrated Operations and Strategy & Transformation. This initiative stems from Anders' commitment to deliver more comprehensive advisory capabilities, addressing a broader range of client needs beyond traditional tax and audit services.

Expansion Through Strategic Investments

The creation of this updated structure follows years of dedicated investments in advisory services, which included key acquisitions, the recruitment of experienced professionals, and the introduction of innovative services. Notably, the firm's merger with Summit CPA Group in 2022 has allowed its Virtual CFO practice to grow considerably, nearly doubling its capacity. Recent additions to the service offerings, such as Human Capital, Operations Transformation, and Transaction Advisory, have further expanded its range of client solutions.

Overview of the Eight Service Lines

1. Integrated Operations: This segment focuses on providing ongoing operational support anchored in finance and technology to optimize business processes.
- Technology Managed Services: Offering a combination of outsourced and co-managed IT services, this line emphasizes effective day-to-day tech management, cybersecurity, and strategic guidance that aids businesses in efficient operations while minimizing risks.
- Virtual CFO: This flexible service allows clients to access CFO-level expertise through a subscription model, particularly beneficial for growing businesses looking to enhance financial visibility and strategic decision-making without the need for a full-time CFO.

2. Strategy & Transformation: This segment provides deep insights into finance, workforce management, technology integration, and operational improvements.
- AI Technology: The firm assists clients in developing AI strategies, overseeing technology implementations, process automation, and workflow optimizations to reduce manual workloads and enhance productivity.
- Finance Transformation: Anders focuses on improving financial processes, technology, and reporting structures to create more scalable and effective finance functions that provide timely insights and reinforce financial controls.
- Human Capital: This offering covers comprehensive HR strategies aimed at aligning talent acquisition and management with overarching business goals, enhancing employee experience throughout the organization.
- Operations Transformation: The goal is to tackle the root causes of business inefficiencies through practical improvements that elevate both profitability and performance.
- Strategic Planning: This includes thorough assessments and actionable planning to align leadership and organizational priorities, translating them into measurable outcomes.
- Transaction Advisory: This service guides clients through the entire lifecycle of a transaction, providing critical support for financial due diligence, deal structuring, negotiations, and integration post-close to ensure risk management and value maximization.

Advancing Client Solutions

Robert Minkler Jr., CEO of Anders, commented, "We've strategically grown our advisory practice to support our clients in navigating various facets of their operations. Our investments in capabilities are designed to empower clients to seek solutions beyond mere tax and accounting questions."

David Hartley, who leads the advisory division, echoed this sentiment, stating, "Our clients approach us with diverse challenges across finances, technology, people, and operations. With our enhanced capabilities, we can unify expertise from different firm sectors to support clients in achieving their objectives effectively."

About Anders

A distinguished player in the accounting services field for over 60 years, Anders specializes in providing comprehensive accounting, tax, audit, and advisory services to growth-oriented enterprises and individuals. Recognized as a top firm by Accounting Today and a prominent entity in the Midwest, Anders is a proud member of LEA Global, an international network of independent accounting firms. For more information, visit anderscpa.com.

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