Stickle Steam Specialties Co.
Transforming a fifth-generation family business
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By leveraging Wipfli across multiple areas of expertise, from technology to accounting, Stickle Steam was able to implement a modern and integrated ERP and job costing system, establish best practices in accounting and achieve the fifth-generation family business’s goal of staying sustainable and relevant in its industry.
The Challenge
Antiquated, unsupported and unaligned technology and processes were preventing Chad and Libby Stickle from modernizing their family business. They turned to accounting and business consulting firm Wipfli for help transforming Stickle Steam Specialties Co.
The Solution
Wipfli updated Stickle Steam’s significantly outdated enterprise resource planning (ERP) tool with a nimble, more strategic system that would enable the business to track and manage parts, jobs and profitability. Wipfli also advised Stickle Steam with outsourced accounting services, providing best practices and alignment simultaneously from a technology and accounting perspective. Seeing great value in the success of the ERP implementation, Stickle Steam expanded Wipfli’s role to include outsourced controller and CFO services, as well as corporate tax preparation and consultation services.
Wipfli has helped us scale our business with the team members we need, when we need them. Their flexibility and broad offerings allow us to pull in additional expertise as topics arise, making resolving issues extremely quick.
The Results
Stickle Steam has streamlined its accounting function, established an efficient month-end process, eliminated manual, outdated practices and improved its ability to accurately forecast cashflow. In addition, Stickle Steam is now able to accurately measure job profitability. Combined, the company has the tools in place to drive a modern strategy with on-demand data and insights.
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