The company was founded by Otto Schmal, a Certified Public Accountant, Charter Global Management Accountant, and Enrolled Agent with a Master’s in Taxation; who has dedicated his life to helping business owners. He wanted to create an alternative to misleading accounting firms and expensive CPA firms. The idea was born after having bad experiences outsourcing accounting functions.
“Numberphile Accts Inc’s name comes from the love we have for numbers”
OTTO SCHMAL
Our founder
Otto Schmal, a Certified Public Accountant, Charter Global Management Accountant, and Enrolled Agent with a Master’s in Taxation
He was in charge of the finance department of a start-up company with many subsidiaries and operations in several countries; after spending a lot of time looking for options to outsource some of the accounting functions, he realized that many accounting companies required prepayments, the agreements had terrible cancellation policies, had inefficient processes and lack of internal controls, they were not using the latest technology, services were provided by unqualified individuals, some were very expensive, and had bad customer service. Many of this outsource accounting firms promised new technologies, but the only addition they were making was a dashboard with the information already provided by the software being used.
After the bad experience, he spent a lot of time creating all the processes, policies, and internal controls for the start-up company that allow them to have an efficient financial management.
You probably already heard the term “do what you do best, outsource the rest”, well this is true if you have the right support team and we want to be your trusted advisor that really understands your business and can help you make better decisions and stay focused on your CORE Business.