Supporting Strategies | Santa Monica
Supporting Strategies provides outsourced bookkeeping services, controller services and operational support to growing businesses.
Mark, who founded Supporting Strategies | Santa Monica in 2014, is an innovative problem-solver focused on optimization and data analytics and a leader in the Southern California small-business community. He also volunteers his time with local entrepreneurs, directly invests in startup businesses and has played an integral role in strengthening and supporting hundreds of growing companies.
For over 30 years, companies have relied on Loren for insights on a range of business issues across accounting, finance, marketing and sales. He excels in evaluating current processes, identifying resources and offering solutions with a constant eye toward increasing both the top and bottom lines.
Before becoming a member of the Supporting Strategies team, Loren was responsible for all business development functions as Senior Business Development Manager at a boutique CPA firm. He attended California State University, where he earned a Bachelor of Science equivalent in Finance.
Patrick is highly skilled in areas such as financial reporting, investment analysis, transaction services, restructurings, and debt and equity financing. Over the past decade, he has proven his ability to improve accounting operations, automate procedures, and develop and execute business plans from inception through asset sale.
Prior to Supporting Strategies, Patrick held roles including Principal of an investment fund and Chief Financial Officer of a family office. He holds a Bachelor of Science in Accounting and Finance from the University of Nevada.
Supporting Strategies | Santa Monica acts as an extension of your team, leading the finance and bookkeeping strategy while designing and managing the best combination of systems, bookkeeping services in Playa Vista and processes to streamline operations and plan for scalability.
As every small business brings a unique set of challenges, we customize our bookkeeping services in Santa Monica to fit each client’s needs. We see ourselves as an enterprise-level finance department, leveraging diverse industry knowledge, best-of-breed technology and proven processes to deliver a full suite of bookkeeping services in Silicon Beach, human resources and controllership services. Our clients enjoy the benefits of our team’s collective experience, the efficiency and speed of our work and our thoughtful approach to financial reporting and analysis.
Client service and satisfaction are our top priorities, and we hold regular team-training exercises to share best practices and focus on what’s best for clients. Our team excels in the engaging work environment presented by the mix of customers with which we work, and our job satisfaction is reflected in the happiness and success of each of our client businesses.
We provide a range of bookkeeping services in Santa Monica, including accounts payable, accounts receivable, GAAP-compliant accrual-based revenue and expense recognition, payroll and benefits administration, financial reporting and controls, operational support, financial modeling and strategic financial leadership.
The Southern California tech scene is also a world-class shopping, dining and entertainment destination located just steps from the Pacific Ocean. Santa Monica and the surrounding seaside cities offer stunning views and great weather. Residents and visitors alike enjoy spending time on the beach, walking or biking along coastal boardwalks, shopping and taking in arts and cultural events.
Supporting Strategies | Santa Monica is rooted in the heart of Silicon Beach, where ride-sharing, electric scooters and flip flops are the norm year-round. Retail, restaurant, tourism, entertainment, technology, real estate, health and wellness, financial services and other industries are central to the local business landscape.
Our team serves clients in the Silicon Beach area of Los Angeles, from Santa Monica to the South Bay area, including Culver City, El Segundo, Hermosa Beach, Malibu, Manhattan Beach, Mar Vista, Marina del Rey, Ocean Park, Pacific Palisades, Playa Del Rey, Redondo Beach, Santa Monica, Venice and Westchester.
Ready to learn how you can strengthen your business with bookkeeping and controller services? Schedule your FREE Consultation with Supporting Strategies | Santa Monica today.
Supporting Strategies is a fantastic partner. They understand a startup’s needs and they’re able to assist you every step of the way in all financial matters. They are lean, reliable, and easy to work with. Most importantly, they help you think strategically about your business decisions and always point you in the right direction. After struggling many years with different solutions, we finally found a true partner. Highly recommended!
We have been very happy with the services that Supporting Strategies has provided over the past 5 years and would be very happy to be a reference to other businesses considering hiring you for services in the future.
We are very fortunate to have a first-rate bookkeeping team in Supporting Strategies | Los Angeles. They have done a terrific job with the four accounts they manage for us, and they adapted very quickly when we recently migrated the books from one of those businesses over to a new accounting platform to better integrate with our CRM software. Managing Director Mark Wald is acting as an indispensable fractional CFO, supporting my role as a strategic CEO to grow my company. My goal is to scale my business 4X in the next few years. This would be impossible without the expert, professional help and counsel that I get from Mark and his world-class team.
I want to let you know how pleased we are with our Supporting Strategies team.
Our Financial Operations Associate is one of the most pleasant controllers I have ever met. She is smart, pays attention to detail and controls, meets commitments and is easy to communicate with. Of course, our Financial Operations Manager is an A+ as well, though we rarely have to talk to her now.
We may be setting up an additional company and will be sure to use your services should it come to pass.
Thanks again to you and your team.
One aspect of starting and running a business that is particularly challenging is accounting operations. One thing I can’t recommend enough is, if you don’t already have the tactical expertise yourself to record revenue, report and analyze financial results, and prepare for tax compliance, look for an outsourced solution. We have that with Supporting Strategies, and they are phenomenal.
Supporting Strategies will forever be part of our story and journey from an idea to an efficacious, world-changing product. You provide an amazing foundation with incredibly patient people to deal with me and our growing pains. I’ve learned so much from the Supporting Strategies team and it’s been an honor working with them. I’m sincerely grateful for your flexibility, commitment and genuine interest in taking us on.
We’ve been working with Supporting Strategies for the last three years. The relationship has enabled us to focus on upgrading our time management and project tracking systems, doubling our senior management team and completing our first two international contracts along with a strong regional and national portfolio of work. We feel the Supporting Strategies staff to be an extension of our own, working closely with our Business Manager and CEO to provide solid bookkeeping, payroll services and counsel.
As an entrepreneur navigating a constantly changing business and financial landscape, it’s been comforting to know Supporting Strategies is always ready to handle the next challenge. I have been very pleased with the services and support they deliver and look forward to working with them throughout my career. Whenever I come across a business professional looking for bookkeeping services or operational support, I don’t hesitate to recommend Supporting Strategies.
We have sincerely appreciated working with Supporting Strategies | Santa Monica. Your entire team has been wonderful, capable, responsible and efficient. We have been very happy with the services you have provided and are grateful for everything you have done to get our business’ ship sailing.
During the uncertainties of the pandemic and all the resultant changes that our medical practice went through, Supporting Strategies pulled through and was able to keep us afloat by facilitating loans and working with our vendors in order to maximize profit and reduce overhead during this difficult time. We couldn’t have done it without them.
My team at Supporting Strategies absolutely helped! All the work that Supporting Strategies did for us helped us secure a very large business capital loan this year. Without our financials being in order, I don’t think we could have accomplished this. Thank you!
Q: What bookkeeping and controller services does Supporting Strategies provide?
A: Supporting Strategies provides a full range of bookkeeping services, including revenue and accounts receivable; expenses and accounts payable; HR and payroll; day-to-day bookkeeping and month-end close; and financials, planning and analysis.
Q: Will Supporting Strategies provide a consistent, assigned point of contact?
A: Every Supporting Strategies client is assigned a dedicated team consisting of a Financial Operations Manager and at least one Financial Operations Associate. Financial Operations Associates are part of an Operations Team, allowing for cross-training and distributed workload coverage. This team approach enables us to scale to keep up with the demands of growing businesses.
Q: Can Supporting Strategies recommend bookkeeping software for my company?
A: Supporting Strategies continuously vets and implements the latest third-party solutions for managing the general ledger, payables and receivables transaction processing, document management and more. We will be happy to share our recommendations for the best fit for your organization.