Ray has provided exemplary interim CFO support to Village On The Isle, a not-for-profit faith based Continuing Care Retirement Community. Ray was able to adapt to our requests and requirements and learn our niche healthcare industry in just a short few days. He excelled as an interim CFO, department manager and liaison with the CEO and COO. In our organization, we pride ourselves on quality and providing the best possible services to our residents. Having Ray’s support during a short term leave of absence provided the highest level of comfort and uninterrupted services for our residents and staff. We cannot thank Ray enough for his professionalism, vast knowledge and willingness to learn about our organization and operations. We highly recommend his services and hope our paths will cross again!
President Mustang Vacuum Systems, Inc.
The growth from a small entrepreneurial organization to a global supplier of capital equipment has been made significantly easier with the knowledge and guidance of a senior level outsourced financial manager. As a rapidly growing capital equipment company we faced the typical challenges associated with rapid growth compounded by the predominantly international base of our customers and large value of individual sales. Mustang Vacuum Systems founders have managed a number of high growth business and determined early on that having a part time senior level financial consultant would significantly ease the pains of growth.
Ray has been an integral part of the management team during our rapid growth period, stepping in as needed, to address the rapidly changing requirements of the business and an exceptional asset to our growing team. Simplifying complex situations and consolidating the information for management with clear actionable recommendations, based on his experience in accounting, operational procedures and audit & tax preparation, has been invaluable to our organization.
CPA, CDFA Shareholder at Kerkering, Barberio
& Co, Certified Public Accountants
I would highly recommend Ray Reher to any company in need of a interim or part time CFO. Ray stepped in and assisted one of my largest clients in a true time of need. He focused on the challenges presented and used all of his technical and professional skills to guide this company on to the next level of success. He always kept the lines of communication open which were of critical importance to the client and to me.
Warren L. Miller
Principal WLM Group Holdings
I am happy to confirm and validate the quality and value of your Firm’s service offerings. As a long time professional in the private equity and venture capital investment sectors, it is gratifying to be able to call upon a financial professional such as yourself for independent contributions and perspectives regarding situations where I have placed investment capital at risk.
In situations where you are engaged, it is comforting to know that you are positioned to provide oversight and timely updates regarding the financial management and results of operations reporting of both my investment portfolio companies as well as my investment banking clients. Given my direct knowledge of your capability as a Chief Financial Officer, your involvement as a proxy CFO in certain of my situations is efficient and highly productive. Knowing that through you and your firm I can have confidence that the financial management component (timely, accurate and meaningful financial information/necessary financial reporting systems and procedures/strong financial controls) may be appropriately and necessarily installed and/or strengthened without the immediate recruitment of an expensive, full-time CFO is often invaluable. A further benefit to me is my resultant ability to be freed up to focus on the most critical issues related to facilitation of growing my clients’ businesses and moving them forward.
Sanwa Growers, Inc.
Ray Reher helped to keep the daily operations of our accounting and financial departments running while working on several significant projects – often simultaneously - for us over the course of several years. Ray provided advice and oversight while we underwent major changes to our corporate structure, which required constant communication with our lawyers and CPAs. He also assisted in two accounting software conversions as we moved into systems aimed at better inventory tracking and control. With all of this going on, Ray also spent considerable time working with our CPAs on a business valuation that required extensive financial projections and analysis. And finally Ray provided guidance and leadership as we searched for a new, long-term hire to oversee all of our accounting and financial functions.
Ray’s best asset is his ability to focus on the details of what drives revenues and expenses while still seeing the big picture. He has the unique ability to fulfill unlimited needs in everything related to the financial health of a company and will always be a valuable resource for us here at Sanwa Growers.
Vice President Business and
Commerical Banking Fifth Thitd Bank
I have known Ray Reher for 3 years. We have consulted together on business opportunities as well as work directly together as Board Members at Community Haven for Adults and Children with Disabilities. I would highly recommend Ray to any business that is seeking CFO level advice or work. His attention to detail is amazing and he always looks out for the best interest of his clients. I have been very fortunate to have gotten to know Ray and I am proud to call him my friend.
David Voss President Voss & Associates Sarasota, Florida
Ray's work is not only efficient and accurate, he somehow turns financial work into a pleasure. His demeanor makes it easy to ask "stupid questions," and his answers are easy to understand. I'm glad he's in my corner.
Jim Doherty Past President and Chief Executive Officer
Community Haven for Adults and Children with Disabilities, Inc.
Ray Reher is a highly-skilled, very competent financial professional, who understands the complexities of non-profit management and finance. It has been my pleasure to work directly with Ray at Community Haven as the organization restructured the finance function and the Finance Team. I have the utmost respect for his professionalism and integrity.
Kevin Connelly President Apollo Sunguard, Inc. Sarasota, Florida
Ray Reher of Innovative CFO Solutions has been invaluable in helping our company grow and meet new market requirements.He has an outstanding ability to see the big picture while at the same time developing the tactical structure and budgets to support the strategic vision.
Jenae Rubin President Sales Powerhouse, Inc. & MagazineAdverisingSales.com Ft. Lauderdale, Florida
Ray is creative, fun and easy to work with. Yes, I said creative and fun... and he's an accountant! Seriously, for many years, Ray and I worked together, and it was always productive, easy and a pleasure.
Banking Center Manager
I have had the pleasure of knowing Ray for several years. Ray is very intelligent, insightful and diligent. Ray has introduced me to several of his clients seeking financing for growth. Ray’s presentation of historical and pro forma financial data is always of the highest quality and relevant for the evaluation that I need to do as a potential lender. Ray fully articulates and quantifies objectives for the client’s growth plan, so it is very clear to me that Ray has done a thorough analysis and has a complete understanding of his client’s needs. It is evident that Ray guides the client through a variety of options for financing growth and truly evaluates all options with the client’s best interest in mind.
Rick Springstead President Tampa Drive Service, Inc. Tampa, Florida
Ray Reher, through his company Innovative CFO Solutions, helped my business - Tampa Drive Services - with financial and growth solutions.At the time I met Ray, Tampa Drive had many issues with regard to profitability, cash management, billing and growth issues.Ray's work helped my company better understand our business by developing monthly financial reporting which gave us vision to how each segment of out business was performing.Ray also developed annual budgets for us and regularly met with my key managers to review our financial results and give recommendations.I would recommend his service to any business needing either financial accounting or an advisor to help with a small or medium company having growth issues.I still utilize Mr. Reher's service on a smaller basis for recommendations in my ongoing entrepreneurial ventures.
Michelle Grunberg Founder and Managing Director
Ray Reher of Innovative CFO Solutions was a life saver during a recent transition in a non-profit I serve as a volunteer for. There was a shift in key leadership and the Board of Director’s were placed in an emergency position to manage the operations as well as ensure that all of the agencies funds were secure and the business office was being managed properly. Given the difficult nature of the tasks at hand, I was particularly grateful for Ray’s experience and keen ability to help the staff feel comfortable. There was much to accomplish and he dissected the financials in such a way that we were able to make high level decisions with confidence and care. The agency had been asking for a particular accounting tool for many years, and it was under Ray’s guidance we were able to receive this tool that will be critical moving forward. I would recommend him highly for any organization, profit or non-profit, that needs a steady leader in the business office and confidence that the numbers needing in making crucial decisions are accurate and timely.
Michele Hulbert President Full Circle HR and Payroll, Inc. Palmetto, Florida
Ray Reher with Innovative CFO Solutions, Inc. was able to pull the business finances out of my head and build a strategic business plan for growth and profit.
As a business owner we are forever going mach 1 trying to keep all of the balls in the air. What I didn’t know for sure was “Is this vision of mine going to come to fruition?” Ray was the sanity call I needed and confirmed through a nuts and bolts financial conversation that things were going in the right direction. But he did not stop there, he continues to keep me in check by providing me with a CFO meeting on a monthly basis keeping me on track and unearthing any issues so that I can be proactive verses reactive.
Thanks to Ray my confidence is up for the New Year and I have a clear plan of action to follow and reference back to.
Bill McKinlay President Trade Wind Advisors, LLC Sarasota, Florida
I have worked with Ray Reher of Innovative CFO Solutions on several new venture launch/growth development projects for mutual clients. He has Ithe unique ability to bridge for clients the gap between strategy and tactical management of the CFO related functions. His technical knowledge of running a small to medium sized enterprise is outstanding. His ethics and commitment to his clients are of the highest level. If your need is an interim CFO, a part time CFO, or a CFO-type mind for a point solution, I would recommend Ray without hesitation.
Kate S. Brown Owner Impact Productivity Training and Consulting Sarasota, Florida
Ray Reher of Innovative CFO Solutions was able to re-cast my existing QuickBooks information so that I could understand which aspects of my business were most worthy of my time---and which aspects weren't. He turns ordinary accounting information into a proactive business tool for planning growth. Since I didn't major in finance, I've been grateful for Ray's ability to explain financial concepts in plain English. Great insights without the mumbo-jumbo.