Virtual Business Solutions first of its kind in Capital Region

ALBANY, New York – BST & Co. CPAs, LLP, one of the Capital Region’s leading financial and management consulting firms, today announced a new line of service that offers a digitally-based answer to business accounting and finance needs.

Virtual Business Solutions is a cloud-based system that provides an efficient process for companies to improve their finance and accounting functions. The division’s team members leverage state-of-the-art, industry-leading technologies and solutions to remotely manage client finance and accounting operations.

The innovative offering, available in the Capital Region exclusively through BST, is designed to serve fast-growing companies and not-for-profits with less than $50 million in revenues. Clients will have 24-hour a day mobile and web browser access to customizable, real-time reports and dashboards, enabling them to track key performance indicators. BST’s expert advisors will help interpret the information allowing businesses to make informed decisions.

“As technology evolves, so do the needs of the businesses we serve. In today’s environment, executives need timely, accurate data and rational, forward-looking information in order to make sound business decisions,” said Ron Guzior, managing partner of BST & Co. “Virtual Business Solutions utilizes first class software to build and maintain a thriving external financial department for organizations. All of us at BST are thrilled to offer this new line of service, and are especially pleased to be the first firm in the Capital Region to offer this multi-disciplinary approach to accounting.”

The Virtual Business Solutions division is led by Kristen Berdar, who joined BST in 2005 and has more than 25 years of experience in the accounting industry, with an emphasis on management consulting, tax planning and strategy.

“Virtual Business Solutions offers companies a real-time financial picture of where they stand at the click of a button. Our team of experts provides continuous monitoring, while designing processes and workflows that specifically meet the needs of each business,” said Berdar. “Executives will have 24-hour access to their data, while also benefitting from personalized support and review by BST’s experts. It’s the best of both worlds combining the independence afforded by leading technology with the sound guidance of BST advisors.”

Virtual Business Solutions offers a variety of accounting services to meet each client’s needs, including accounting; process/workflow design and implementation; sales and use tax services; financial statement preparation; general ledger and trial balance oversight; cash flow management; accounts payable and receivable; and transaction processing.

The division also provides executives with the level of insight, guidance and support typically offered by a chief financial officer/controller, including strategic planning; financial reporting; staff evaluation; mergers and acquisitions; financial controls;  product and service pricing; mentoring; bank negotiations; systems selection and implementation; and succession planning.

With roots tracing back to 1944, BST & Co. CPAs, LLP is recognized as one of the largest accounting and consulting firms in upstate New York. The firm offers traditional accounting, auditing and tax services; as well as specialty services related to business valuation, forensic accounting, litigation support, employee benefit plan auditing and consulting, governmental auditing and consulting, merger and acquisition assistance, wealth management and personal financial planning, and estate and gift tax consulting, amongst other services.

BST & Co. CPAs, LLP has 105 employees with office locations in Albany and Mineola, NY. The firm also maintains a New York City office. The firm is a long-standing member of the RSM US Alliance, a premier affiliation of independent accounting and consulting firms in the United States.

About BST & Co. CPAs, LLP

BST & Co. CPAs, LLP is as multi-disciplinary financial and management consulting firm headquartered in Albany. Other services of the firm include accounting, auditing, business valuation, forensic accounting and litigation support, tax and management consulting, employee benefit plan auditing and consulting, human resource management and development, healthcare operations consulting, governmental auditing and consulting, merger and acquisition assistance, wealth management and personal financial planning and estate and gift tax consulting.

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