In the business of building great brands,
Socket manages yours — so you can focus on growth.
Day in and day out, our team works seamlessly as an extension of yours to cost-effectively manage back office, operations and finance needs.
We have you covered with our comprehensive services.
CFO/Financial
Are you really comfortable with your numbers? Do you know your stuff?
Socket's CFO and financial services are instrumental in guiding your financial goal clarification, long term planning, and day-to-day business. Our experience as CFO to more than 75 consumer companies gives us a working understanding that's second to none. Socket also provides the analysis, preparation, and delivery of critical reports, models, statements, and business plans required by your officers, partners or prospective investors.
- Financial modeling and forecasting
- Financial statement preparation
- Specialized and custom reporting
- Transactional support:
- - Financing
- - M&A
- - Due Diligence
- Financial and strategic planning
- - Business modeling
- - Profit improvement
- - Cash flow projections
- - Working capital improvement
- - Gross profit optimization
- - Expense and overheard reduction
- - Timely and accurate financial statements
- - Exit strategies
BACK OFFICE/OPERATIONS
Are you preaching your brand message and meeting with buyers?
Or stuck processing orders, managing suppliers and answering phones?
From cash management and customer service, to managing procurement, suppliers, and inventory, Socket provides leadership and support to the daily details.
- Fulfillment management (retail, online, international)
- Warehousing, Logistics and Distribution
- Customer service
- Order processing
- Human Resources and Payroll Processing
- AP/AR/Collections
- Procurement, purchasing & contract manufacturing
- Sourcing
- Inventory management
PAYMENT PROCESSING & PRODUCTIVITY REPORTING
Are you buried in non-revenue producing, payment processing and compliance issues related to your in store consultants and employees?
Socket, manages employee on-boarding, time sheet management, payment processing, scheduling, budgeting and productivity reporting for in-store selling, merchandising and training staff through its proprietary online system.
Socket assumes full operational and legal responsibility for payroll, tax reporting, compliance, worker’s comp insurance and other related employment liabilities, while you retain day-to-day control over your staff.
- Tools for scheduling and budgeting your in store staff, by day, time, retailer and door.
- A global calendar showing where in-store staff is scheduled at any time across all customers.
- Paperless timesheet systems customizable to meet your needs.
- Paperless timesheet approval and processing submittal system.
- Detailed profitability reportings is processed with sales reported by the employee and/or the sales provided by retailer.
- Comprehensive expense and profitability reporting, actual versus budget for any time period. Reports can be created, filtered and viewed by the following levels:
- - Employee
- - Retailer
- - Door
- - Territory
- - Globally
Some of our clients
