THE 80/20 RULE

What’s in a name?

The Pareto Principle, also known as the 80/20 rule, the law of the vital few, or the principle of factor scarcity, states that for many events, roughly 80% of the efforts come from 20% of the inputs.

These ratios ring true in the finance and accounting operations of companies as well. 20% of the members of any finance and accounting department can create 80% of the value and likely execute 80% of the work.

The obverse is also true. So, as an Executive or Business owner, you can’t afford to have average people in your company. We don’t.

who we are

FINANCIAL PROJECT EXECUTION

Need help driving a key finance or accounting project?

Every C-level executive has some subset of their responsibilities that encompass their highest value contribution to the organization, and another subset that would best be delegated to others or eliminated entirely. They also have a list of pending projects with high positive ROI that are subordinated to the urgency of the day to day deadlines and fires that consume department focus. Our team provides the capacity and ability to accelerate the completion of these projects and the realization of the financial benefits.

Learn About Our Financial Project Execution Services

interim financial management

Have a newly vacated role that needs realignment?

Every instance of key manager turnover is an opportunity to re-evaluate the position and realign responsibilities and mandates with organizational objectives, and this recalibration needs to take place before a replacement is hired.

Learn About Our Interim Financial Management Services

FINANCIAL CONSULTING IN LOS ANGELES

We’re Hyper-Local.

Our entire team is on the ground in Los Angeles. We know the financial talent base in Los Angeles, we understand what drives the economy in LA, and our client base and our consulting team’s experience reflect this. While we are an industry-agnostic firm, we have deep experience in media, entertainment, emerging growth and technology, real estate, and consumer products.

About Us

8020

Apply our perspective to your vision.

Our financial consulting services team applies focus, objectivity and superior academic and professional credentials backed by a business model that encourages and rewards individual initiative and creativity with a mandate to leave clients provably better at the end of each engagement.

Meet Our Team

Resource Library

Download our free resources for financial and accounting insights.

Get familiar with our unique perspective by downloading any of the resources below.

Operational Finance in Entertainment Ebook

Get our best practices guide for making your mid-level entertainment studio more competitive.

Financial Reporting & Analysis Solutions Whitepaper

Learn how reporting & analysis solutions that bridge the implementation time gap and keep pace with business demands.

Sales Compensation Plan Tip Sheet

Learn our five best practices to creating effective sales compensation plan models that balance present realities and future goals.

Financial Forecasting Process Guide

Learn financial forecasting process best practices and dive into the three core elements that drive accuracy.

How to Build an Operational Review Program Guide

Get a 5-step action plan for building a successful operational review program to maintain traction on enterprise initiatives.

Improve Your Month-End Close Tip Sheet

Learn 5 things you can do to close earlier, prepare timely financials, and give management more time to make business decisions.

Financial Process Automation Checklist

Get simple tips and strategy for automating budgeting and forecasting and system selection in our two-page checklist.

Get More Insights

WHAT WE’RE THINKING ABOUT

Here's how our colleagues think about the issues of the day.

Financial Planning & Analysis

How to Build a Cash Flow Forecast to Manage Liquidity Now

Many businesses are adversely impacted by the coronavirus pandemic. During a time of uncertainty, companies should more than ever reevaluate their operational strategy and profitability forecast. Most importantly, management must have good visibility into the company’s potential of liquidity difficulties and opportunities. A well thought-out and dynamic cash flow analysis will provide stakeholders with such… View Article

March 26, 2020Joe Wirija

Manufacturing Operations Finance

Supply Chain Management: Sourcing Backup Suppliers

The Coronavirus lockdown has reminded us that unforeseen crises can impact manufacturing and supply chain lines in the short and long term. For any company, particularly in a time of crisis, it’s critical to mitigate the risk of disruptions to manufacturing and supply chain channels. Sourcing backup suppliers or alternates is an important task in… View Article

March 18, 2020Vikram Mehta

Financial Systems

Employee Engagement in a New Financial System Implementation

Change is hard. Change is good. Change is coming. Haven’t we all heard these words at some point during our careers, and then immediately started to worry about what it all means? We are creatures of habit, and we all like our routines. Work is no different than life when it comes to developing a routine for each day, each… View Article

March 12, 2020Gregory Gorman

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