Recognizing an increased need as businesses struggle to navigate the challenges of the COVID-19 pandemic, Pittsford, N.Y.-based IPA 100 firm The Bonadio Group (FY20 net revenue of $113.8 million) has launched a new strategic advisory practice.
Bonadio Strategic Advisory is designed to help clients streamline operations, cut unnecessary expenditures and enhance profitability. The group will focus on helping to implement efficient remote environments, addressing supply chain disruption, examining customer-by-customer profitability and reviewing vendor expenditures to identify cost savings opportunities. The group will specialize in the design and deployment of dashboards for management reporting, helping to enhance organizations’ forecasting and modeling processes to allow for quicker and more effective decision-making.
“Many businesses are striving to optimize their operations but don’t know what steps to take to get there,” says strategic advisory leader Tim Ball. “Through our operational assessments and the creation of analysis tools for a wide variety of scenarios, we help them identify the actions necessary to achieve their business goals.”