Kruze Consulting Review 2023: All You Need To know

Are you a business owner looking to streamline your financial operations and maximize your company’s growth potential? If so, then Kruze Consulting might just be the solution you’ve been searching for.

In this comprehensive review, we’ll share all you need about Kruze Consulting’s services and unveil why they are the go-to partner for countless startups. From their unrivaled expertise in startup finance to their personalized approach, this article will provide all the information you need about Kruze Consulting and how they can revolutionize your business.

What Is Kruze Consulting?

Kruze Consulting is a financial consulting and accounting firm that provides services to startups and early-stage companies. They offer various financial services, including accounting, bookkeeping, tax planning, and CFO advisory services.

Kruze Consulting focuses on the unique needs and challenges startups face, such as managing equity, handling investor relations, and providing financial guidance for growth.

They understand startups’ unique financial needs and challenges and provide tailored solutions to help them navigate their financial operations effectively.

Where Is Kruze Consulting Located?

Kruze Consulting’s headquarters is located in San Francisco, but they have all over the country and worldwide.

Services Offered Bt Kruze Consulting?

Some of the key services offered by Kruze Consulting include:

1. Accounting and Bookkeeping

They handle day-to-day accounting tasks, such as payroll, accounts payable and receivable, financial reporting, and general ledger management.

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2. Tax Services

Kruze Consulting provides tax planning and preparation services, ensuring that startups comply with federal, state, and local tax regulations. They help optimize tax strategies and identify potential tax incentives or credits that benefit their clients.

3. CFO Advisory

Startups often require strategic financial guidance but may not have the resources to hire a full-time CFO. Kruze Consulting offers CFO advisory services, providing financial insights, budgeting, and forecasting support, fundraising assistance, and financial modeling to help startups make informed decisions.

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4. Fundraising Support

Kruze Consulting has expertise in assisting startups with fundraising efforts. They help prepare financial documents, such as pitch decks and financial projections, and provide guidance on valuation, investor negotiations, and due diligence processes.

5. Financial Compliance

Startups must comply with various regulatory requirements. Kruze Consulting assists with compliance matters, including stock option administration, financial audits, and ensuring adherence to financial reporting standards.

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Does Kruze Consulting Work With Startups?

Kruze Consulting works with various funded Delaware C-Corps, but most of their companies have secured Seed, Series A, Series B, and Series C.

They partner with clients by going beyond the typical outsourced accounting relationship and seeking to provide a higher level advisory role.

What Is Work-Life Like At Kruze Consulting?

Kruze Consulting is a highly recognized and prestigious startup advisory brand. If you want to know more about working at Kruze Consulting, here are a few things to note:

  • Kruze’s growth. As of early 2022, the company’s workforce increased from a small firm to 135 employees, with over 800 startups and early-stage clients.
  • Kruze’s culture. Their core values include innovation and continuous improvement, and we actively search for employees that share those values and proactively deliver value and service to our clients.
  • Kruze’s clients. They work exclusively with startups and early-stage companies, creating some of the world’s most exciting and transformative products and services.
  • Kruze’s workplace. Most of their employees are 100% remote, which allows them to hire the best and brightest talent from around the world.

Can I Work As A Remote Staff At Kruze Consulting?

Kruze Consulting has a flexible remote working style that offers them the following benefits:

Employees get more time

You don’t commute. You don’t travel to various conference spaces with your laptop and use Wi-Fi or displays there. You aren’t bringing lunches, files, or folders to work or home in your bag or briefcase. More time is available for family time and/or leisure pursuits.

Employees save money

Items like gas and tolls, work clothes, parking fees, and other expenses drop when you work from home. In addition, parents may be able to cut back on childcare expenses when they adjust their schedule around school and other activities.

And let’s not kid ourselves – employers can save money too on office space and other facility expenses. Plus, it reduces recruitment costs since 54% of workers say they would leave their jobs for positions that offer flexible work times.

Employees have less stress

Before the pandemic, commuting was linked to stress and job burnout. Working from home gives you more opportunities to take walks, eat healthier foods, and improve your work/life balance.

While they’ve fully embraced remote work, Kruze Consulting staff usually meet once a year.

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What Is Working From Home Like At Kruze Consulting?

Working from home as a remote accountant is a lot like an in-office finance job. The team is still responsible for working with and helping clients with their startup finances, accounting, and taxes.

Working at Kruze Consulting is quite different from working in other consulting firms. Their team of CPA and finance experts loves the flexibility and balanced workload that remote accounting offers.

It makes achieving a healthy work-life balance a lot easier. Some of the differences include:

  • Greater autonomy. Do you need to run to an appointment or your child’s school, or just want to walk outside? No problem. Enjoy as long as your client’s needs are met and your work gets done on time.
  • Wider talent pool. At Kruze, they hire the best and have extended our potential pool of applicants worldwide.
  • Management that cares about you. The well-being of our employees, our “Kruze family,” means a lot to us. They have weekly team meetings to check in, work together on any struggles or stopping points, and celebrate achievements.

Sounds great, huh?

Well, it is; there are perks to being a remote accountant or remote controller at Kruze. But it would help if you didn’t think it was a walk in the park either.

Their 100% fully remote accounting team is BUSY during heavier times like tax season. Sometimes they get to work beyond the regular working hours.

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What Are The Worst Part Of Working At Kruze Consulting?

Now the yucky stuff.

1. Timecards

As an accounting firm, they do timecards. Not the most fun thing, but an essential evil. Because Kruze operates a remote firm, they have no other way of managing the team’s workload, and they want everyone’s schedule to be balanced.

Because most of their work is done on a Fixed Fee, timecards let them know which projects are profitable. At the latest, recording by the end of the week (Friday night) is mandatory.

2. The M&A/VC diligence work

There is no preparation for it; it just happens out of the blue. Even if they build a buffer to accommodate this, you could still need to work late or on the weekend. Tensions might arise when there is a lot of money at stake and strict deadlines.

Lastly, M&A work entails anticipating and being at ease with change because most of our clients begin small, expand rapidly, and then are purchased or promoted to in-house accounting teams.

3. Exposure to Many Clients and Industries

While this may be an obvious advantage, clients frequently make conflicting requirements, unaware that you already work with other clients.

You must convey your boundaries to the client and the team regularly and in advance. I’m sorry, but I have commitments for the following two days.

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What Is The Fun Part About Working At Kruze?

Here are some fun things you stand to enjoy in your Kruze Consulting:

The Team

Kruze houses diverse experts in their fields eager to help each other and our clients. These team members go on to build friendly relationships that thrive beyond the workspace.

The M&A Work 

As a company, Kruze is blessed to assist with 2+ M&A transactions per month. You’ll get to work with the Big 4 M&A teams, top-tier law firms, and investment bankers. There is no better resume-building opportunity!

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Exposure to Many Clients and Industries

Working at Kruze Consulting exposes you to a wide range of sectors and mission-based clients: Professionals in the accounting, finance, and tax fields frequently find themselves pigeonholed within one particular sector, such as manufacturing, SaaS, or e-commerce.

At Kruze, you’ll have the chance to develop various skills, work with a diverse range of high-profile customers, and discover your passion. They can match you with jobs that fit your interests and skill set if you like to work in a certain industry. Additionally, they offer mentoring if you desire to explore a new field or industry.

How Big Is Kruze Consulting?

Kruze Consulting has over $20 million in recognized revenue over the past 12 months and employs over 100 professionals, mainly CPAs and experienced accountants. Note that this is recognized revenue, not to be confused with ARR.

Kruze has been on the Inc 5000 list for 5 years as one of the fastest-growing private companies in the US. This revenue growth is even more impressive given that Vanessa has bootstrapped the business, growing it without outside equity funding. 

Can I Find Kruze Consulting On Social Media?

You can find Kruze Consulting on the following social media platforms:

Kruze Consulting Reviews

We’re huge fans of Vanessa and the folks at Kruze Consulting. They set up our books, finances, and other operations, and are constantly organized and on top of things. As a startup, you have to focus on your product and customers, and Kruze takes care of everything else (which is a massive sigh of relief). I highly highly highly recommend working with Vanessa and her team.

Vivek Sodera
Co-Founder @ Superhuman

Prior to Kruze, as a remote-first team, we were weighed down by a lot of the bureaucracy involved with having a distributed workforce. Kruze has supported us above and beyond basic accounting needs by ensuring we have everything we need to expand and support our team wherever they may be located

Zack Fisch
Pequity’s Head of Operations & Legal
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Avochato has been growing rapidly in the past year – in fact, too quickly for us to keep up with books, taxes, and budgeting for growth. Partnering with Kruze Consulting has been fantastic to manage, track, and analyze our finances while we continue focusing on building our customer base. Kruze’s team knows what startups need.

Alex De Simone
CEO @ Avochato

FAQs On Kruze Consulting

What services does Kruze Consulting offer?

Kruze provides startups with specialized accounting, tax advisory, and financial reporting services you need so you can focus on the big picture.

How long has Kruze Consulting been in business?

Kruze Consulting was founded in 2012 and is headquartered in San Francisco, California, United States.

Can Kruze Consulting help with financial and accounting services for startups?

Kruze provides startups with specialized accounting, tax advisory, and financial reporting services you need so you can focus on the big picture.

Who is the CEO of Kruze Consulting?

Vanessa Kruze, CPA, is the founder and CEO of Kruze Consulting.

Conclusion

Whether you’re looking for assistance with tax planning, CFO services, or fundraising strategies, Kruze Consulting has the expertise to help you navigate the complex financial landscape. With their proven track record and dedication to client satisfaction, it’s no wonder they have earned such high praise in the industry.

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