Case Study

How a Boat Manufacturing Powerhouse Optimized Their Accounting Practices

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KEY RESULTS

Optimized processes
GAAP-compliant audit procedures
Reduction of inefficiencies
Audited financials
Significant tax savings
High-level support and depth of resources

Manufacturing

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Audit and Assurance

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Who We Are

Eide Bailly is a CPA and business advisory firm helping our clients grow, thrive, and embrace opportunities and innovation.

By the numbers

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their previous R&D tax credit

Watch to learn more about how Eide Bailly helped transform accounting operations at Tige Boats

The Challenge

Explosive growth led to the need for updated accounting processes.

With growth comes growing pains—especially when it comes to accounting. When Chief Financial Officer Jeff Vogt joined the company, he realized that not much had changed from the mom-and-pop accounting procedures that were put into place at the company’s inception.

Rapid growth causing accounting chaos

Inefficient processes

Missed opportunities

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The Solution

Streamlined and optimized processes to support future growth.

Eide Bailly was able to help the Tige Boats team optimize and transform their accounting practices so that they are positioned to continue their upward trajectory.

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“Eide Bailly came on at the beginning of the massive growth cycle. They’ve helped us streamline and optimize our procedures so that we can meet this bigger demand.”

-Jeff Vogt, Chief Financial Officer | Tige Boats

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The Results

Optimized processes, streamlined accounting, and increased opportunities.

Tige Boats uses their audited financials as a springboard for change and opportunity. And with the Eide Bailly team, they’ve realized 4x the amount of their previous R&D tax credit.

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ArticleHow to Put Strategic Accounting at the Center of Your Business Strategy

When you take a strategic approach, your accounting function can deliver timely insight into your financial operations. Here’s how you can start prioritizing strategic accounting.

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Our experienced outsourced accounting professionals can help you take a strategic approach to your financial operations.

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Case Study :

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Industries
- Manufacturing, Distribution & Logistics
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