What was the scope of their involvement?
Stancil & Company has become a strategic partner for us. They work with us during our budgeting process and upload it into QuickBooks. Additionally, they perform monthly financial reviews for us and provide documentation about our finances. Janet (Senior Staff Accountant) works as our bookkeeper and works as almost a nearly daily member of our team, handling all of the coding and preparation for reports.
The CPA oversees the entire account and checks everything monthly. They also do tax preparation for us. The way they handle our payroll is also very seamless, as it feeds directly into our budget and QuickBooks account.
What is the team composition?
I typically work with three people from their team.
How did you come to work with Stancil & Company?
I knew I preferred having a local partner because I wanted someone who understands the association landscape here and our business. I sent out an RFP and offered Stancil & Company the position because they met all of our requirements and were right in our backyard.
They’d also already been invested and engaged within our industry, so they were a group of known, talented professionals.
How much have you invested with them?
We spend between $18,000–$20,000 per year on their services.
What is the status of this engagement?
We hired them in January 2017 and our engagement is ongoing.