Tim S. Email & Phone Number

Mount Horeb, Wi, Us

OneEvent Technologies delivers patented IOT technology that produces lifesaving, descriptive predictive analytics data on residential and commercial properties for the insurance, medical and food service industries as well as the fire, safety, and security sectors. • Designed and implemented a new SAAS pricing discipline achieving 3X faster cash flow and trained the salesforce• Set up a new model for proper revenue recognition of complex multi-element contracts utilizing ASC 606 • Implemented planning models utilizing a variable contribution margin approach producing a 15% higher margin• Led the design and implementation of company’s first SaaS monthly dashboard reporting package

Germantown, Wi, Us

Specific Achievements:• Implemented profitability reporting by customer and by product line down to the sku level that led to increased prices delivering additional $200K to the bottom line.• Selected and implemented AchieveIT, a web based strategic planning and execution solution focused on establishing and meeting company objectives with functional area accountability and visibility.• Established the company’s first Product Review Board responsible for improving product life cycle management by disciplined product introduction, reformulation and retirement processes.• Responsible for all bank relations and debt covenant compliance and renegotiated the company’s defaulted line of credit and bank debt with no increase in fees or rate hike.• Reduced an EPA related penalty from $370K to $10K working steadily for 18 months with outside counsel and regulatory officials.

Specific Achievements:• Produced business segment reporting utilizing Quickbooks leading to a 14% increase in the bottom line.• Led the company’s first customer review and retention program reducing customer turnover by 30%.• Increased the company’s line of credit 60%, responsible for all banking, insurance and audit relationships.• Responsible for all financial planning, monthly and year end closings• Led Office 365 upgrade along with selecting new ISP with 3X greater bandwidth.

Specific Achievements:• Successfully restructured a $13M international contract to facilitate progress payments to a company unable to receive letters of credit to create necessary cash flow to complete the project.• Led and was responsible for budgeting, project costing and profitability reporting.• Designed and implemented the company’s first strategic planning session creating action initiatives • Responsible for all financial planning, monthly and year end closings• Organized new staff and led audit planning necessary to complete the annual audit and 10K and 10Q filings • Transitioned the company from a public to a private enterprise after negotiating with shareholders and the bank.

Specific Achievements:• Led the Finance team with growth from $12.0 million to $22.0 million• Pioneered a single finance department for multiple corporate entities in a private equity environment.• Curtailed the monthly closing process to 5 days from 10 days and responsible for all financial planning and monthly and year end closings• Planned and recommended a MAS 200 business systems upgrade as an Accounting software solution.

Spearheaded financial reporting, oversaw outside auditors, and cultivated banking and insurance partnerships. Promoted company shares to investors by addressing financial performance, long-term strategy, risk management and key company issues. Implemented business re-engineering initiatives and restructured multiple corporate divisions to drive profitability. Ran the IT department, ensuring adequate technical support, and supervised the client account service function.