// story one
The customer
A Texas CPA firm was our accountant for years.
The firm's owner reviewed our financials. Her daughter, the firm's vice president of operations, ran operations. They were good at their jobs - our numbers and theirs landed within one or two percent of each other, and the firm's owner was better at the work than anyone we'd hired before her.
Here's the part worth sitting with: a firm whose entire business is financial clarity could not see its own profitability in real time. That's not a knock on the firm. It's the norm. Books close weeks after the fact everywhere.
The wound
The firm billed much of its work as flat packages - tax and bookkeeping rolled into one fixed monthly fee. Convenient for clients, opaque for the firm. The revenue on an invoice said "bookkeeping." It didn't say whose hours went into it, or whether a cheap rate was hiding an expensive amount of work. As the firm's VP of operations put it during discovery, "We don't know how many flat packages we have, and we don't know anymore how profitable they were."
The data lived everywhere: QuickBooks, a master spreadsheet the whole firm ran on, a separate time system, text files scattered across a shared drive. When their accounting software migration broke reporting, the firm went six weeks without being able to run a profitability report at all. And at the level of the whole year, the firm's own leadership said the quiet part out loud: "we don't know if we're making money until April the 17th every year."
Our COO's reply: "well, that must be terrifying."