We understand you need quality financial information without the fuss.
Our Services
Let us help you
Bookkeeping Services
We will take care of your books so you can focus on running your business.
Package 1
-> Bank Transaction Processing
-> Fixed Asset Management
-> Reporting
Package 2
-> Bank Transaction Processing
-> Fixed Asset Management
-> Reporting
-> Accounts Payable Management including supplier invoice processing and payments
Package 3
-> Bank Transaction Processing
-> Fixed Asset Management
-> Reporting
-> Accounts Payable Management including supplier invoice processing and payments
-> Accounts Receivable Management including customer invoice generation, statement management and reminders
Package 4
-> Bank Transaction Processing
-> Fixed Asset Management
-> Reporting
-> Accounts Payable Management including supplier invoice processing and payments
-> Accounts Receivable Management including customer invoice generation, statement management and reminders
-> Inventory Management
CFO Services
Let's up the ante.
Monthly Management Reporting
-> We can help you prepare your monthly accounts.
Cashflow
-> We will help you manage your cashflow.
Budgeting
-> Let's set a budget for the financial year.
Forecasting
-> What does your forecast look like?
Price Modelling
-> Let's look at your pricing strategy.
There is more to us than just numbers.
COO Services
Let's reduce the waste in your processes.
Business Process Improvement
-> Let's adjust your business processes to reduce waste and maximise your time.
Month End Reporting Processes
-> For our larger businesses
-> Follow our four step process to reduce the waste in your month end reporting.
Strategy
-> What does your roadmap look like?
Xero File Clean Up
-> Is your Xero file a mess?
-> Let's clean it up.
Xero System Conversions
-> Do you have Xero set up?
-> Is your Xero system working for you?
-> Let's look at your App Stack
Xero training
-> Customised to suit your needs
Check us out in action!
Working with our clients to improve their Month End Process using Lego play.
Case Studies
Kaleb's Story
Kaleb Paten, Pacific Maintenance
Pacific Maintenance is a Newcastle based commercial property maintenance business.
Kaleb Paten, Managing Director of Pacific Maintenance, has big dreams and plans to grow his business, but was struggling to articulate how to get there. He wasn't confident his numbers accurately reported how the business was tracking and had a hunch customer invoices were being missed. Kaleb relied solely on gut feel and impulse to act on business decisions and didn’t feel he had any support in making them. He was worried about whether his clients were being serviced properly and didn’t have quality assurance processes in place. Kaleb was run off his feet managing the day to day business and struggled to find time to focus on the big picture.
How did Cole Consulting Group help this budding entrepreneur:
- Conducted a strategy session to clearly articulate WHAT the business direction was and HOW we were going to get there
- Redesigned staff roles in line with employee aspirations, enabling Kaleb to focus on the important things
- Leveraged technology to align Kaleb’s team on client deliverables so nothing was ever missed in servicing his clients
- Secured cashflow by adjusting business processes and integrating a new system to ensure clients were invoiced correctly
- Outsourced the bookkeeping to our team to allow Kaleb to feel confident in his numbers
- Engaged our CFO services to provide accurate financial reports monthly to gauge business health and support decision making
- Monthly one on one catch ups to discuss all of the above!
Kaleb Said
"Having Cole Consulting Group work within our business the past 12 months has been paramount to our success. I now have a clear understanding of our numbers, I have strategic direction, and I'm focused on doing what I do best: adding value to our clients and looking to our future".
Joel's Story
Joel O'Reilly, O'Reilly Electrical Services
O'Reilly Electrical Service is a Central Coast based commercial and residential electrical business.
Joel O'Reilly, Founder of O'Reilly Electrical Services, recently took the plunge and started his own business. Computer savvy Joel created his own Xero file, linked in his bank accounts and set up Stripe but wasn't sure what to do with the information from there. He was generating invoices in the file and marking them as paid, but couldn't figure out why there were reconciliation errors. He wanted to understand whether he was profitable on a job but wasn't sure how to check this information easily. Being a tradie on the go, he had plenty of receipts stashed in the glovebox of his car but wasn't sure what to do with them and whether to keep them.
How did Cole Consulting Group help this start-up:
- Corrected bank feed set up and input missing transactional data
- Completed the integration of Stripe to allow for seamless reconciliation of transactions
- Branding and tailoring of invoice templates sent to clients
- Automation of client Overdue reminders to improve cashflow
- Integrated a receipt management platform with Xero which became Joel's online filing cabinet for those pesky receipts
- Conducted a one on one training session with Joel, tailored to showcase the features of Xero that was required to run his business
- Engaged our bookkeeping services to provide quarterly reviews of Joel's processing in his Xero file
- Engaged our CFO services to provide accurate financial reports quarterly to gauge business health and support decision making
Joel Said
"Jess was amazing at helping me set up Xero. I was getting frustrated with Xero, she ironed out all the kinks and helped me understand the software. Highly recommend Cole Consulting Group to anyone needing to streamline their business accounting".
Let us help you get your business back in shape.
Contact Us
Contact Us
About Us
Cole Consulting Group was established in 2020 by director Jessica Cole. Passionate about change and continuous improvement, Jessica previously led the Virtual CFO and Bookkeeping division for a local accounting practice with a portfolio of clients across varied industries. She draws on her extensive experience working in a commercial role as a Financial Account and Commercial Manager for a global company, responsible for leading the Accounts Payable and Receivable teams, Reporting and pricing strategies to name a few. Her process improvement initiatives have seen her consulting in Canada and the United States, and presenting at the Association for Manufacturing Excellence seminar in Melbourne. Jessica is grateful for her experience working in two local Chartered Accounting firms specialising in Business Services and Taxation and is a registered Tax Agent with the Tax Practitioner Board.
Qualifications
Bachelor of Commerce
Masters of Business Administration with, Distinction (Marketing)
Graduate Certificate in Competitive Systems and Practices
Registered Tax Agent
Recent Awards and Appointments
Committee Member Newcastle Business Club since 2020
Treasurer of Hunter Young Professionals since 2019
Hunter Headline Hunter Young Gun 2019
Director of Hunter Young Professionals since 2018
Hunter Business Review Women in Business Cover 2018
Hunter Young Professionals Member of the Month 2018
Recipient of Hunter Manufacturing Rising Star Award 2017
