Marcus Richards
Illinois is steadily becoming a fertile hub for startups across several industries – notable among these is the accounting sector. These enterprising companies, specialising in offering a myriad of accounting, financial and consultation services have proved to be invaluable assets for businesses across all sizes and sectors. The past year, in particular, has seen a notable boom in the inception of various accounting startups that have captured the attention of the industry. This article aims to spotlight some of the most promising startups that have emerged in Illinois after 2020.
The startups we have selected are disrupting traditional accounting services, leveraging innovative business models, and advance technologies to facilitate effective financial management for businesses. Each of these startups is distinguished by their unique approach, specialised services, and strategies to make a significant impact within the industry. With that being said, let’s delve into these emerging leaders in the accounting industry.
Commencing with KFN Accounting & Financial Solutions, a business that excels in its tailored approach to service. The firm brings together a proficient team and industry experts to offer versatile solutions, cutting across business strategy, finance, operations, and accounting. Their services are geared toward startups and small to medium-sized businesses, which has seen them carving out a niche within the over-saturated accounting industry.
Remote Employee
Next up, we have Remote Employee. This startup is not just concerned with accounting but ventures into customer service, data center services, and technical support among others. Their innovative business model leverages remote work and offers businesses top talent from all over the Philippines. They handle everything from recruitment and HR to Payroll & Support Services, leaving their clients to maintain control over their teams’ processes, tasks, KPIs, and service quality.
FirmTRAK
We also have FirmTrak, an Illinois-based startup focused on leveraging analytics in the financial and legal sector. However, more information about the startup would be revealed soon.
Fates, Bodily & Parker
Fates, Bodily & Parker is an accounting firm that also offers wealth management, along with tax planning and attestation services. Their commitment to technology and professional knowledge makes them an ideal partner for businesses and individuals alike.
FinleyFi Solutions
Next, we have FinleyFi Solutions, a startup pushing boundaries in the accounting, financial, and fintech sectors. Not much about them can be found yet, but we are keeping an eye on them.
Smooth Mortgage Company
Smooth Mortgage Company has found a synergy between the worlds of finance and real estate. Providing accounting, tax services, and an extensive array of mortgage services, this company offers comprehensive finance solutions.
Abendroth Accounting & Tax Services
Abendroth Accounting & Tax Services, with their expertise in professional services, is a standout startup in the Illinois scene. They’re geared towards providing streamlined, efficient service that separates them from the crowd.
HCA Consulting Group
HCA Consulting Group stands out through its broad offering; providing services in accounting, consulting, and human resources. Specific information about their services and vision is yet to be revealed.
Jeffrey Baer & Associates
Jeffrey Baer & Associates is a new startup that’s making waves in the accounting, consulting, and finance sector in Illinois. So far, not much detail about them has been disclosed.
DJE Advisors LLC
DJE Advisors LLC, founded in 2022, is an independent accounting and tax firm that mainly serves business owners, individuals, and families. The firm prides itself on its independence and is ready to bring fresh ideas to the accounting industry.
ProVize
Last but not the least, ProVize is a startup that aims to disrupt the accounting and financial scene with its groundbreaking business model. Launching in spring 2023, the startup promises to connect people to professional support to help achieve their financial goals with ease.
These Illinois-based startups are indicative of the boundless innovation and entrepreneurial spirit within the accounting industry. Their emergence is a beacon of optimism for the future of accounting and financial services, marking the beginning of new advancements and growth in the industry.
