Business Details
15 Years
experience
Your Trusted Virtual CPA Firm in Maryland
Savvy Financial Solutions is a CPA-led accounting firm founded in 2011, serving businesses and nonprofits nationwide with a focus on Maryland and Washington, D.C. Our virtual services include bookkeeping, payroll, financial reporting, and fractional CFO solutions designed to simplify financial management. We specialize in industry-specific expertise for healthcare providers, nonprofits, and government contractors, combining 15+ years of experience with modern accounting tools.Our team prioritizes proactive communication, fraud prevention, and strategic financial guidance to help clients reduce overhead costs and focus on growth. We deliver error-free reporting, audit preparation, and customized accounting systems while maintaining strict compliance and transparency.
Services
Accounts Receivable/Payable
Financial Reporting
Payroll Services
Reconciling
Controller Operations
Audit Preparation
Fractional CFO Services
Details
- Year established: 2011
Highlights and features
- 15+ years of industry-specific accounting expertise
- Proactive financial guidance and fraud prevention measures
- Customized accounting systems for nonprofits and businesses
- Nationwide service with local Maryland roots
- Personalized attention from a CPA-led team
Associations and certifications
- CPA
- CGMA
- CrFA
- QuickBooks ProAdvisor
What people say
Exceptional interaction
Clean opinions
Responsive to requests
Invaluable resource
Accurate books
Services
Fractional CFO Services
Our fractional CFO services provide strategic financial leadership without full-time costs. We offer cash flow analysis, financial forecasting, and growth strategy development tailored to businesses generating $5-10M+ in revenue. Our experts deliver actionable insights through clear financial reporting and help implement cost-control measures while maintaining compliance with regulatory requirements.
Payroll Services
We automate payroll processing with tax compliance, direct deposit, and multi-state support. Our services include employee onboarding, wage reporting, contractor management, and year-end tax filings. We integrate with existing HR systems and provide staff training to ensure accurate, timely payroll processing while minimizing legal risks.
Financial Reporting
We deliver customized financial reports including income statements, balance sheets, and cash flow analyses. Our services ensure IRS compliance, budget forecasting, and KPI tracking. We provide clear interpretations of financial data to support strategic decision-making and improve business performance through actionable insights.
Accounts Receivable/Payable
Our AR/AP management optimizes cash flow through invoice automation, payment tracking, and fraud prevention. We handle vendor negotiations, three-way payment matching, and credit risk assessments while implementing accounting controls to maintain financial accuracy and regulatory compliance for businesses of all sizes.
Audit Preparation
We ensure audit readiness through documentation organization, compliance monitoring, and financial statement verification. Our services include gap analysis, internal control implementation, and auditor coordination to minimize disruptions during audits while maintaining accurate, transparent financial records aligned with industry standards.
People
Savedra N. Scott
President & Founder
CPA, CGMA, and Certified Forensic Accountant with 15+ years of experience. Serves on MACPA's executive board and holds multiple industry certifications. Specializes in nonprofit accounting and financial process optimization.
Questions
What accounting services do you offer?
We provide bookkeeping, payroll, financial reporting, audit preparation, controller operations, and fractional CFO services tailored to nonprofits and businesses.
Do you work with nonprofits?
Yes, we specialize in nonprofit accounting, grant compliance, and financial reporting tailored to meet specific regulatory requirements.
Are your services available nationwide?
While based in Maryland, we provide virtual accounting services to clients across all 50 states.
How do you handle audit preparation?
We ensure compliance through documentation organization, internal control implementation, and auditor coordination to minimize audit disruptions.
What industries do you specialize in?
We focus on healthcare providers, nonprofits, and service-based government contractors with industry-specific accounting solutions.
How can I get started?
Schedule a free 30-minute consultation through our website to discuss your specific accounting needs and goals.
