HireEffect Supports Lodestone People Consulting

 

Client Overview

Rapidly growing professional services firm whose hallmark is pragmatically linking human capital science to business outcomes for large and small private equity firms and their portfolio companies.

 

Challenge

• The founder wanted to spend more time with clients and focus on growth priorities
• Financials were not set up for strategic decision-making at scale
• Required clearer visibility into project economics, cost structure, and profitability by initiative

 

 

Solution

Financial Systems

• Reorganized the chart of accounts to align with how Lodestone operates and makes decisions
• Implemented project tracking, class structures, and a cost-of-services account

Back-Office Operations

• Streamlined and managed bookkeeping, financial reporting, and payroll
• Took over new state registrations and filing compliance

 

“HireEffect is not a vendor; they are a true strategic partner to our firm. Our bookkeeper serves as a seamless extension of our internal team, and I have complete trust in the accuracy, structure, and usefulness of our financials. I don’t spend time worrying about the books. I know they’re handled at a high standard, which frees me to focus on growth.”

Sandy Fiaschetti, Founder and Managing PartnerLodestone People Consulting

 

Results

Financial Clarity

• Reliable, actionable financial data

Operational Confidence

• Financials function as a management tool

Strategic and Sustainable Growth

• Recognition on the Inc. 5000 list

 

 

Key Takeaways

• Developed a partnership that helps the client feel in control, confident, and focused on growth
• Transformation required collaboration, accountability, and conscious leadership
• Stress turned into strategy → confidence restored