RSM Names Patrick Healey Financial Due Diligence Partner

Addition expands transaction advisory practice in the Northeast

CHICAGO (January 07, 2020)RSM US LLP (“RSM”) – the nation’s leading provider of audit, tax and consulting services focused on the middle market – is pleased to announce that Patrick Healey has joined the firm’s national transaction advisory services (TAS) practice as a partner in financial due diligence.

“We’re very excited to have Patrick join our transaction advisory practice to continue building on our strength in the Philadelphia market with our comprehensive due diligence offering, including financial, tax, operational, IT and cyber due diligence.” said Michael J Grossman, national leader of RSM’s TAS practice.

Healey has nearly 19 years of financial analysis and accounting experience, with the last 15 years solely focused on transactions. Prior to joining RSM, he worked for a Big Four accounting firm,  where he focused on both corporate and financial sponsors across several industries including chemicals, manufacturing, consumer products, technology, business services and communications.

“I’m excited to join the RSM team and to bring the full breadth of transaction advisory services to the Philadelphia market and our clients across the country,” said Healey. “Joining this growing team in Philadelphia, I will be able to bring our strength in financial, tax, IT and operations due diligence to meet our clients’ needs when and where they need it.”

Healey earned his master of science in accounting from University of Virginia, and holds a bachelor’s degree in accounting and finance from Boston College. He will be based out of RSM’s Philadelphia office.

About RSM US LLP
RSM’s purpose is to deliver the power of being understood to our clients, colleagues and communities through world-class audit, tax and consulting services focused on middle market businesses. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in today’s ever-changing business environment.

RSM US LLP is the U.S. member of RSM International, a global network of independent audit, tax and consulting firms with more than 41,000 people in 116 countries. For more information, visit rsmus.com, like us on Facebook, follow us on Twitter and/or connect with us on LinkedIn.

Charting the course: Navigating your digital transformation journey

The middle market is now starting to take advantage of digital transformation, with companies of all sizes leveraging new innovations to enhance key business processes and create new ways to add value. Implementing transformational technology is now even more critical for midsized companies, but has also become much more realistic. However, these companies must understand how to choose and prioritize the right technology and gain buy-in from appropriate personnel within the business.

Organizations have the ability to implement innovation strategies that can drive positive change for employees, customers and operations. The journey to digital transformation can be challenging, time-consuming and potentially risky. But the benefits outweigh the risks of not implementing a digital transformation approach.

Read more.

Are you ready to evaluate a new Cloud ERP system?

The cloud enterprise resource planning software market is becoming crowded, with several available options from multiple vendors. Not every platform meets the needs of all companies, and selecting the right solution is an important decision.  Learn how to evaluate critical aspects of available platforms to support your unique needs in this “Cloud ERP selection guide for the middle market.”

The guide details how to:

  • Avoid common challenges
  • Create your ideal ERP selection checklist
  • Understand current ERP trends
  • Compare today’s cloud ERP platforms (such as Microsoft Dynamics 365, Oracle NetSuite and Sage Intacct)
  • Choose an effective implementation partner

Read full post.

Consulting Magazine Names RSM to its 2019 Best Firms to Work For List

RSM celebrates six consecutive years as a best employer

NEWS RELEASE

CHICAGO, September 20, 2019

RSM US LLP (“RSM”) – the nation’s leading provider of audit, tax and consulting services focused on the middle market – was recently ranked No. 9 on Consulting magazine’s 2019 Best Firms to Work for List. This is the sixth straight year RSM has been included in the ranking, and the second consecutive year the firm has held the No. 9 position.

Firms included in Consulting magazine’s annual list are ranked based on survey responses in six categories – each measuring a different aspect of employee satisfaction. The categories included client engagement, firm culture, firm leadership, career development, work/life balance and compensation & benefits. More than 325 firms participated in this year’s survey (more than ever before), which garnered more than 11,000 responses.

According to the publication, survey results indicate satisfaction levels remained relatively unchanged in 2019, which is good news since those levels are elevated by historical standards, according to the publication. The publication says that is a positive sign, given rumblings about a looming recession. Based on this year’s survey results, Consulting magazine says that the profession does not seem to be indicating that a downturn is on the way.

“Continuing to be included in Consulting magazine’s annual Best Firms to Work For List is quite an honor,” said Brian Becker, national consulting leader with RSM US LLP. “At RSM, we understand that it’s our people that really make a positive difference for our clients. And the fact that our people are happy working here means that they go above-and-beyond to make sure that our clients are happy with the support we provide them.”

“RSM’s ranking on this prestigious list of the best firms to work is so gratifying,” said Katie Lamkin, chief human resources officer with RSM US LLP. “This annual survey is just one of several opportunities our people have to provide insights into how they feel about working at RSM. We’re thrilled that, based on what we hear from this and other surveys, our people enjoy being at RSM.”

You can find a complete list of the 2019 Best Employers to Work For on Consulting magazine’s website.

About RSM US LLP
RSM’s purpose is to deliver the power of being understood to our clients, colleagues and communities through world-class audit, tax and consulting services focused on middle market businesses. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in today’s ever-changing business environment.

RSM US LLP is the U.S. member of RSM International, a global network of independent audit, tax and consulting firms with more than 41,000 people in 116 countries. For more information, visit rsmus.com, like us on Facebook, follow us on Twitter and/or connect with us on LinkedIn.

Technology company value creation through optimized quote-to-cash

Written by Kim Susko, Director, RSM

Successfully scaling your business via integration and automation

In today’s competitive marketplace, speed, efficiency and automation are the keys to driving a successful organization. For growing technology companies, this is especially true whether your goal is to improve revenues and profitability or you’re eyeing an eventual exit. In fact, according to multiple studies across major research institutes and private equity firms, operational improvements that drive efficiencies contribute to nearly half of the value creation in private equity multiples.

For many emerging technology companies, these improvements and value creation can come from the implementation of an integrated and automated end-to-end process known as quote-to-cash. The critical success factor in leveraging this platform, however, boils down to actually designing the right quote-to-cash process that best fits your specific organization’s needs and growth goals. Let’s explore a little more on two types of quote-to-cash processes and their benefits.

Read full article.

RSM Supports Communities Through 9th Annual Volunteer Day

RSM US LLP (“RSM”) – the nation’s leading provider of audit, tax and consulting services focused on the middle market – recently held its ninth annual firm-wide Volunteer Day, during which approximately 2,400 RSM employees and clients participated in more than 56 volunteer activities across the country to give back to their local communities.

Each year during the firm’s annual Volunteer Day, RSM’s people, clients and friends join forces to showcase the firm’s core value of stewardship. Supporting more than 57 charitable organizations, employees and clients helped prepare a hurricane-ravaged school for the new school year, weeded gardens at a children’s camp, packed backpacks with school supplies, painted and cleaned a number of schools, and participated in many other activities across the country to help various communities where RSM has offices.

Read more.

RSM Unveils Industry Eminence Program

Industry senior analysts to lead the way with digital transformation, supercharged trends forecasting and actionable business insights

RSM US LLP (“RSM”) – the nation’s leading provider of audit, tax and consulting services focused on the middle market – today announced the launch of its Industry Eminence Program.

The cutting-edge program created and led by Joe Brusuelas, RSM US LLP chief economist, and Kevin Depew, RSM US LLP deputy chief economist, began in May and positions 11 senior analysts in its inaugural year to understand, forecast and communicate economic, business and technology trends shaping the industries RSM serves. Industry senior analysts will help the firm advise clients on conditions impacting middle market leaders.

Read more.

Start-Up Growth Often Relies on the Work of Angels

by Robert W. Fesnak, CPA, CMA, CVA | Sep 04, 2018

For the rising entrepreneur, obtaining access to capital is a major hurdle. There is a large capital gap between friend and family funding and institutional venture capital funding. This is partly due to the success of venture capital funds and their focus on larger, more developed investment opportunities. In addition, venture capital funds tend to favor more conservative investments in companies past the start-up stage. Angel investors are critical to filling funding gaps, particularly for start-ups and early-stage companies.

Read more.

RSM to Host 25th Anniversary PACT Capital Conference 2018

25 years ushers in a new age of deal making, featured at XFINITY Live! Philadelphia with one-day format

PHILADELPHIA, March 28, 2018: Philadelphia Alliance for Capital and Technologies (PACT) proudly announces RSM US LLP (“RSM”) as host of the PACT Capital Conference 2018, and welcomes Paul Marvel, market managing partner, PA/Southern NJ offices with RSM, and Robert Fesnak, partner, management consulting leader, PA/NJ as conference co-chairmen.

On September 26, this year’s conference will celebrate and explore 25 years of building connections for companies through a newly condensed one-day format. The PACT Capital Conference 2018 will seek to create a roadmap for the stages of success by gaining a better understanding of how companies connect and collaborate.

As the market managing partner for RSM’s Philadelphia region, Marvel is responsible for business operations in the firm’s Pennsylvania and Southern New Jersey offices, which includes approximately 380 people. He has overall responsibility for client relationships, implementing the firm’s strategy, people engagement and growth. Marvel has expertise with diverse clients from closely-held corporations to nationally and internationally traded public corporations in the manufacturing, life science, wholesale distribution and financial institution industries.

Fesnak is a partner, management consulting leader, PA/NJ at RSM US LLP and PACT Board Member.  He has developed an extensive background in audit, accounting, tax, valuation and financial consulting for many public and middle market companies. Fesnak has more than 30 years of experience with a concentration in the manufacturing, technology, life science, service, real estate, health care, private equity and leasing industries.

“For more than two decades, the PACT Capital Conference has been the premier outlet for bringing together investors and entrepreneurs in the Philadelphia region and beyond,” said Marvel. “We are thrilled to host the 25th Anniversary Capital Conference at an exciting new location with a refreshed format that will truly usher in a new age of deal making.”

“As a PACT board member, I have seen the evolution of this conference and the critical role it plays in deal making,” said Fesnak. We have enlisted the feedback of members, attendees and sponsors to streamline the program into a more impactful day and evening that will bring investing opportunities and networking to a new level.”

Each year, the conference brings together investors collectively managing billions of dollars in capital with entrepreneurs and professional advisors. The conference features company presentations, industry-specific panel sessions, prestigious keynote speakers, networking and high-visibility opportunities to sponsors and attendees alike, all of which will complement the main focus: connecting the region’s best and brightest entrepreneurs and investors.

The 2018 conference will conclude with the fourth installment of the Lion’s Den, in which a few select companies will present to a “Shark Tank-like” panel of distinguished angel investors looking to write a check and power entrepreneurial ventures. Last year’s Lion’s Den resulted in more than $1 million distributed in aggregate.

To celebrate its silver anniversary, PACT Capital Conference 2018 will be held at XFINITY Live! Philadelphia, culminating with the much-anticipated gala reception directly following the Lion’s Den. For the latest information, visit our website: www.pactcapconf.com, Linkedin, Twitter (@PhilaPACT), and Facebook.

 

History of the PACT Capital Conference
The PACT Capital Conference has a long tradition of uniting key players from the private equity, venture capital, and entrepreneurial communities. This day-and-a-half event offers both sponsors and attendees access to emerging companies from the Mid-Atlantic region, networking opportunities with the movers and shakers from the community, and educational panels and content sessions. As the oldest and most established venture conference in the Northeast, this conference draws more than 1,000 participants each year. It stands as the catalyst for billions of dollars in venture funding and entrepreneurial success. www.pactcapconf.com

 

About Philadelphia Alliance for Capital and Technologies (PACT)
PACT’s vision is to be the go-to resource for fast growing companies, and a driver of entrepreneurship and innovation in the Philadelphia region. PACT provides its members with valuable content and connections to capital, coaching, and customers that will accelerate their growth and success, and to collaborate with other organizations to drive innovation and entrepreneurship in the region. www.philadelphiapact.com

 

Media Contact:

Amanda E. Nardi

609-790-6206

[email protected]

 

-###-