About Abacus

CONTACT ABACUS

Who We Are

Our vision, mission, and values

At Abacus we understand that you and your business are unique and that there is no “one size fits all” when it comes to the financial management of your company. We are not happy until we have uncovered the right solutions and the right resources to help you best manage your finances, which, in turn, allows you to proactively manage and grow your business

Our main objective is to provide essential financial services, allowing you to focus on your core business and organizational functions with the goal of increasing your profitability and effectiveness.

We offer strategic business advisory and accounting programs that will help you:

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Assess

We have a proven process to assess the financial health and wellbeing of your business.

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Survive

If your business has struggled during the pandemic or for other reasons, we are here to help you fast-track your path back to vital success.

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Revive

Are you looking to shake things up – breathe new life into your business through expansion or service line additions, we are here to ensure you succeed.

 

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Rescue

Many times we need to rescue our clients from circumstances we uncover in our assessment.

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Thrive

We want you to thrive- not just survive. With our expertise we can help pave the way to a thriving, profitable business.

 

By leveraging technology, we are able to provide cost effective, timely, and scalable service solutions.

At Abacus, Our Business Is Focused on You

At Abacus, we highly value our relationship with you. Providing good service means taking the time to listen, understand, analyze, and make recommendations. We will work with you every step of the way to make sure you receive the services that will allow you to gain control of your finances and align with your goals. Our main objective is to help businesses and organizations like yours, focus on their core business and give you peace of mind that the financial support function is well in hand.

Our Vision for Your Business

Our vision is to be the accounting and business advisory partner of choice for your firm, nonprofit, or company

Our Mission: It’s All About YOU

We will champion your entrepreneurial spirit, celebrate your victories, build lasting relationships and help you create impactful and sustainable business value.

We will achieve this through thoughtful and honest communication, strategically engaging and developing quality Bermudian talent, and utilizing an efficient and effective technology strategy.


What We Value Matters

We deeply value the trust you have shown in us. We believe our values matter to you because we seek to help you achieve your greatest success; beyond what you ever thought was possible. We know our firm values matter to you because you are the motivation behind what we value most including:

Excellence – We will always strive to meet and exceed your expectations

Integrity – We are honest, trustworthy, and transparent. We hold your best interests at the core of all we do

Innovation – We are always striving, learning, innovating, and sharing what we know with you to help you excel

Social Responsibility – We don’t just say it, we mean it. Being socially responsible is one of our firm’s core values. We implement this value by seeking out clients we can help most, and by attracting, training, and retaining the best talent in Bermuda to help you meet your business and financial goals

Who We Serve

We are honored to work with clients across many industries. What our clients have in common is the deep desire to better understand their financials in order to achieve their growth and expansion goals.

Our very best clients have a number of things in common. They are:

 

  • Growth Oriented – Committed to their own growth
  • Acknowledge They Need Help – Know they need outside help to “get there”
  • Open-Minded – Open to ideas from outside experts
  • Will Take Expert Advice – Willing to take our advice and implement the strategies we recommend
  • Proactively Engage in our Process – Our very best clients are committed to engaging in the process. They demonstrate this through their responsiveness, commitment, and true partnership with us throughout the process
  • Ethical – We are dedicated to running an ethical business based on our strong personal integrity and values. Because of this, we tend to attract clients like you who are also values and ethics driven

How We Work With Our Clients

Our process has been refined over the many years we have been in business. Strong processes form the foundation of successful businesses. We believe that without replicable processes, running a business can be overwhelming and even difficult. Because we are process-driven and results-oriented we work within various frameworks to help you achieve your biggest, most audacious goals. When you work with Abacus, we will commit to helping you:

Demystify and Illuminate – We will illuminate your situation by using our expertise to establish a base of trust with you. Then, we identify your biggest points of pain and frustration in running your business. We have a true gift of taking complex financial issues and simplifying them so they are understandable and have realistic next steps.

Illuminate and Create Amazing Data – Through our proven processes we collect and compile your financial information to yield amazing data! We then help you design systems and reporting tools that make the data meaningful and useful to your business decision-making process. In essence, we streamline and simplify financial information that has confused or flummoxed you and left your head spinning.

Amplify the Impact –  We just LOVE educating our clients on what we see in their financial data. Why? Because most of our clients don’t “speak” the language of financial data. We do. Time and time again, we are able to amplify the business opportunities buried within your numbers. We will clearly explain what we see. Then, we will identify and align our findings with your overall business goals – your future. What we love most is our ability to excite, motivate, and empower you to reach your desired results because we know we can help you get there.

We Align our Services to your Business Needs

We don’t have a cookie-cutter approach to our advice. Rather, we fully assess your needs before we make even one recommendation. Through our standardized processes and procedures we deeply analyze your business as it is today. Every analysis is different and tailored to the unique aspects of your industry and your business. Once we analyze your company, we implement a highly effective technology infrastructure to ensure you meet your short, medium, and long-term goals. But let’s start at the beginning.

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Finding Answers by Assessing your Business

Our relationship with you begins with the performance of an assessment. The assessment allows us to review the current accounting and business processes you have in place, along with the financial record keeping you currently maintain. This also provides an opportunity for us to learn more about your current and future goals, and the opportunities and challenges your business faces. The assessment phase is a critical component of how we deliver services to you. Through our years of experience, we maximize the ability for you to meet your business growth and revenue goals.  The assessment allows both of us to have a realistic view on the starting point and a clear view of where we want to go.

How We Do What We Do

We break our Assessment into manageable phases. We delve into your business, challenges and all, to provide an expert evaluation. Next, we present our “diagnosis,” and propose the solutions you need to gain control over your finances so you can grow your business.

During your assessment, Abacus Ltd. will:

  • Consult – Carry out an initial consultation with you, asking questions to better understand you, your business, and your goals
  • Review – Review your financial records and accounting systems to gauge the current health of your record keeping
  • Analyze – We will analyze your situation to better understand the extent of any problems (and what is required to fix them) and opportunities (what is needed to leverage them)
  • Summarize – We will produce a summary report of key findings

Recommend – We will make recommendations on how we can help you achieve your toughest and most challenging goals

Let’s Get Down to Brass Tacks

We augment all of the time and work you have dedicated to building the success you have today in your business. We do this by focusing on three key areas:

Processes – We look at the business processes you have in place. We help you create processes that maximize your current resources to operate smoothly and seamlessly

Procedures – For every process, there is a procedure we help you create to make sure those in your company know what your process is. But most importantly they know the steps they need to take to replicate and implement your business processes

Technology Infrastructure – At the core and foundation of your business you will find the financial technology tools necessary to ensure your processes and procedures are implemented consistently day after day

Contact us today for more information on how we can help you uncover the financial obstacles that may be holding you back.