The Unified Group hosted a Financial Forum June 10th-12th in Denver. Attendees kicked off the meeting sharing the challenges they’ve faced this year. Managing burden, finding more time to keep up with IT and technology changes, battling with software providers, and achieving a culture of excellence were just some of the issues discussed.
Before the session, members completed The Unified Group Financial Benchmark put together by Shane and Melissa Dick with Atlas Accounting & Consulting. Using the data collected and presented, Atlas facilitated a “Best in Class” discussion highlighting four members who retained cash longer, had a higher return on assets and equity, ran 5% higher gross margin, had overhead 1% lower, and had a net income range about 7% more than the overall group. Members who were “Best in Class” were able to discuss what they had done differently. “These are some of the brightest people I come in contact with,” said Dave Connor (HFI). “I benefit from the interactions and being away from work to focus just on the financial part of the job.”
Over the two day session members heard from attorney Rebecca Atkins who covered the Affordable Care Act (ACA) – its impact, what we can do, and strategies to employ and from a technology panel. The panel was made up of four Unified Group members who explained the different handheld technology each was using and detailed the implementation process. “I feel like we can go part way down the road rather than sitting still,” said Patty Hess of Applied Mechanical. To learn more about The Unified Group please visit www.theunifiedgroup.com.