Ignite Spot

Salt Lake City outsourced accounting firm for US$1M–10M revenue businesses

Overview

Ignite Spot is an outsourced accounting firm based in Salt Lake City, Utah, which says it has worked with hundreds of businesses since its founding in 2008[23]. It targets US businesses with between US$1 million and US$10 million in annual revenue, a segment larger than that served by most flat-fee online bookkeeping services[23].

Its services span bookkeeping (transaction recording, reconciliations, invoicing and bill pay), outsourced accounting, financial reporting and fractional CFO support, together with QuickBooks cleanup, tax preparation and advisory; payroll and sales tax are handled as separate services[23]. It works in QuickBooks Online and Xero.

Ignite Spot does not publish prices and quotes each client based on business size, transaction volume and the services required[23]. That makes it harder to compare than the subscription firms ranked above it, and it is the main reason for its position in this list. For businesses that have outgrown a flat-fee service but do not yet need an in-house controller, it offers a combined bookkeeping and CFO relationship from one firm.

Ignite Spot features

  • Bookkeeping with bill pay and invoicing
  • Fractional CFO support
  • QuickBooks cleanup
  • Tax preparation and advisory
  • QuickBooks Online and Xero
  • Financial reporting packages

Ignite Spot pricing

Quote-based, depending on business size, transaction volume and services.

Ignite Spot strengths and limitations

Strengths

  • Serves larger small businesses than flat-fee services
  • CFO advice available from the same firm
  • Works in two mainstream ledgers
  • Operating since 2008

Limitations

  • No published prices
  • Payroll and sales tax handled separately
  • Client count given only as hundreds
  • Not aimed at very small businesses

Appears in

Ignite Spot alternatives and competitors

Alternatives to Ignite Spot: companies ranked in the same lists.

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