Cerboni Accounting and Financial Services: Company Profile
Background
Overview
Cerboni Accounting and Financial Services is a comprehensive financial solutions firm specializing in the restaurant and hospitality industries. Established in 2017 and headquartered in Houston, Texas, the company offers a range of services including bookkeeping, payroll management, inventory control, tax preparation, and CFO consulting. With a dedicated team of professionals, Cerboni aims to provide financial clarity and strategic insights to its clients, enabling them to make informed business decisions.
Mission and Vision
Cerboni's mission is to empower restaurant and hospitality businesses by delivering tailored financial solutions that enhance profitability and operational efficiency. The company's vision is to be a trusted partner in financial management, offering services that are both comprehensive and customized to meet the unique needs of each client.
Primary Area of Focus
The firm's primary focus is on the restaurant and hospitality sectors, providing specialized financial services that address the specific challenges and opportunities within these industries. By leveraging industry-specific knowledge, Cerboni assists clients in optimizing their financial operations and achieving sustainable growth.
Industry Significance
Cerboni has established itself as a significant player in the financial services industry, particularly within the restaurant and hospitality sectors. The company has been recognized as one of the best accounting firms for restaurants in recent years, underscoring its expertise and impact in the field.
Key Strategic Focus
Core Objectives
Cerboni's strategic objectives include delivering precise financial reporting, offering strategic financial planning, and providing comprehensive back-office management. The company aims to enhance its clients' financial performance by offering services that are both efficient and tailored to the unique needs of the restaurant and hospitality industries.
Specific Areas of Specialization
Cerboni specializes in several key areas:
- Financial Forecasting and Reporting: Providing expert analysis and reporting to help businesses meet their financial goals.
- Strategic Financial Planning: Navigating businesses through industry-specific challenges with expert financial planning.
- Back Office Management: Managing spreadsheets, bills, invoices, and receipts to allow clients to focus on business growth.
- CFO Services: Analyzing financial data in detail and making recommendations to improve profit margins.
- Accounting/Financial Services: Offering comprehensive accounting services with over 25 years of experience.
- Payroll Services: Providing extensive resources in consulting, planning, implementing, and managing payroll functions specific to the industry.
- Bill Pay Services: Gaining control of accounts payable by inputting invoices into the accounting system and scheduling payments.
- Tax Services: Understanding how tax legislation affects businesses and identifying ways to reduce tax liabilities.
- IRS Audits: Providing peace of mind during IRS audits with experience and expertise in the industry.
- Inventory Management: Gaining inventory control by reviewing costs and actual versus theoretical inventory analytics in real-time.
Key Technologies Utilized
Cerboni employs advanced accounting platforms and integrates with various Point of Sale (POS) systems to streamline financial processes. The company utilizes tools like Restaurant365 and MarginEdge to provide real-time insights into inventory, sales, and financial performance, enabling clients to make informed decisions.
Primary Markets or Conditions Targeted
Cerboni primarily targets the restaurant and hospitality industries, offering specialized financial services that address the unique challenges of these sectors. The company also serves businesses in architecture, real estate, medical, and construction industries, providing tailored financial solutions to meet diverse operational needs.
Financials and Funding
Funding History
Specific details regarding Cerboni's funding history, total funds raised, and recent funding rounds are not publicly disclosed. The company operates as a privately held entity, focusing on organic growth and reinvestment into its service offerings.
Notable Investors
Cerboni's investor information is not publicly available, as the company maintains a private ownership structure.
Intended Utilization of Capital
While specific utilization plans are not publicly detailed, Cerboni likely allocates capital towards enhancing its service offerings, investing in technology infrastructure, and expanding its team to support growth and innovation.
Pipeline Development
Key Pipeline Candidates
Cerboni's service offerings are continually evolving to meet the needs of its clients. The company focuses on developing and refining services such as:
- Advanced Financial Reporting Tools: Enhancing reporting capabilities to provide deeper insights into financial performance.
- Integrated Inventory Management Systems: Developing more sophisticated systems for real-time inventory tracking and cost analysis.
- Comprehensive Tax Planning Services: Expanding tax services to offer more strategic planning and compliance solutions.
Stages of Clinical Trials or Product Development
As a financial services firm, Cerboni does not engage in clinical trials or product development in the traditional sense. Instead, the company focuses on the continuous improvement and expansion of its service offerings to meet client needs.
Target Conditions
Cerboni's services are designed to address financial management challenges across various industries, with a particular emphasis on the restaurant and hospitality sectors.
Relevant Timelines for Anticipated Milestones
Specific timelines for service development milestones are not publicly disclosed. However, Cerboni is committed to ongoing service enhancement and client support.
Technological Platform and Innovation
Proprietary Technologies
Cerboni utilizes proprietary accounting platforms and integrates with various POS systems to provide comprehensive financial solutions. The company leverages tools like Restaurant365 and MarginEdge to offer real-time insights into financial performance.
Significant Scientific Methods
Cerboni employs data-driven methodologies, including advanced analytics and financial modeling, to deliver strategic insights and recommendations to clients. The company focuses on continuous improvement and innovation to meet the evolving needs of its clients.
Leadership Team
Key Executive Profiles
- Joshua Santana: Co-Founder
Joshua Santana serves as the Co-Founder of Cerboni. He brings extensive experience in financial management and has been instrumental in establishing the company's strategic direction.
- Maria Degaine: Co-Owner
Maria Degaine is the Co-Owner of Cerboni. She has a background in the restaurant and hospitality industries, providing valuable insights into the unique financial challenges faced by these sectors.
- Jody Fiess: Chief Operating Officer
Jody Fiess serves as the Chief Operating Officer at Cerboni. With a focus on operational efficiency, she oversees the company's day-to-day operations and ensures the delivery of high-quality services to clients.
- Rahil Hamirani: Tax Supervisor
Rahil Hamirani is the Tax Supervisor at Cerboni. With over 16 years of experience, he leads the tax department, providing strategic tax planning and compliance services to clients.
- Anita Zendejas: Payroll Manager
Anita Zendejas serves as the Payroll Manager at Cerboni. With 29 years of experience, she manages payroll services, ensuring accuracy and compliance for clients.
Leadership Changes
Specific details regarding recent leadership changes or appointments within Cerboni are not publicly disclosed.
Competitor Profile
Market Insights and Dynamics
The financial services market, particularly within the restaurant and hospitality sectors, is highly competitive. Companies like CBIZ, Aprio, and Cherry Bekaert offer similar services, catering to a broad range of industries. Cerboni differentiates itself by specializing in the unique needs of the restaurant and hospitality industries, providing tailored solutions that address sector-specific challenges.
Competitor Analysis
- CBIZ: A national provider of financial, insurance, and advisory services, CBIZ offers a broad range of services across various industries.
- Aprio: Formerly known as Habif Arogeti & Wynne, Aprio is an American accounting and business advisory firm providing services including advisory, audit, tax, and outsourcing.
