Tailored Financial Management for Sirius Veterinary Orthopedic Center

8.5.2024

Sirius Veterinary Orthopedic Center, located in Omaha, is a specialized veterinary facility dedicated to orthopedic care for small animals, predominantly cats and dogs. Founded in 2016 by Chris Horstman, DVM, MS, DACVS-SA, MBA, and Jessica Horstman, Sirius focuses on addressing complex orthopedic issues such as torn ACLs, broken legs, and hip replacements. Chris, with his advanced training and board certification in small animal surgery, leads as Founder and Chief of Staff, while Jessica, leveraging her extensive experience in veterinary management, serves as the Hospital Administrator.

From Humble Beginnings to Regional Recognition

Since its inception, Sirius Veterinary Orthopedic Center has experienced remarkable growth. Starting with a staff of five, the center grew and moved to a larger facility in 2020. This expansion has allowed them to grow their team to 35 staff members, including three specialized surgeons. Their rapid growth has been fueled by an exceptional reputation, drawing pet owners from across states such as North Dakota, South Dakota, Minnesota, Iowa, Missouri, and Kansas. However, this success brought new challenges, particularly in managing the increasing complexity of their financial operations.

The Financial Puzzle: Managing Growth on Their Own

In the early years, Chris and Jessica managed their finances using simple spreadsheets, with limited CPA assistance for payroll. This approach, while sufficient for their initial needs, became inadequate as their business scaled. They struggled with the lack of comprehensive financial reporting, which hindered their ability to make informed decisions regarding investments, operational efficiency, and sustainable growth. Despite their best efforts, they found it increasingly difficult to keep up with the financial demands of their expanding business.

Finding the Right Partner: The Advantage Insights Connection

Through industry connections, Chris and Jessica were introduced to Advantage Insights. During their initial meetings with Mary Ferry, Advantage Insights' financial expert, they were able to articulate their financial challenges and aspirations. Mary listened attentively, helping them identify key areas where their current financial management practices were falling short.

A Financial Overhaul: A Journey to Clarity

Advantage Insights embarked on a comprehensive overhaul of Sirius Veterinary Orthopedic Center’s financial management systems. Key solutions included:

  • Cleaning Up Accounting Records: Advantage Insights meticulously reviewed and rectified years of accounting inconsistencies. This cleanup process was crucial for establishing a reliable financial baseline.
  • QuickBooks Online: Reconfiguring QuickBooks Online provided Sirius with a secure, centralized platform for managing their financials. This transition facilitated better financial oversight and accessibility.
  • Streamlining Payroll Processes: Advantage Insights optimized payroll processes, ensuring efficiency and accuracy. This not only saved time but also minimized the risk of errors.
  • Establishing Robust Reporting Systems: With modern reporting systems in place, Sirius now enjoys detailed, actionable financial insights. These reports are instrumental for informed decision-making and strategic planning.

Chris and Jessica Share Their Experience

"Now, I don't have to necessarily be involved with balancing the books or looking for invoices or other information. I can reach out to Mary and she can tell us what works and what doesn't. She can give us the answers we need quickly." - Jessica Horstman
"From our side, it seemed impossible. But for her, it was easy." - Chris Horstman

Transforming Operations: Efficiency Meets Expertise

The impact of Advantage Insights' services on Sirius Veterinary Orthopedic Center has been profound. Key benefits include:

  • Sustainable Growth: With reliable financial data at their disposal, Chris and Jessica can focus on long-term success and operational efficiency. They are better equipped to manage their growth sustainably.
  • Delegated Financial Tasks: The ability to delegate financial management tasks to experts has freed up significant time for Chris and Jessica. This allows them to concentrate on their core responsibilities, such as patient care and operational management.
  • Informed Spending Decisions: Detailed financial reports and forecasts enable Chris and Jessica to make informed spending decisions. Whether it’s investing in new equipment, expanding their team, or donating to animal rescue groups, they have the data needed to make sound choices.
  • Improved Budgeting: The enhanced budgeting capabilities provided by Advantage Insights have been enlightening. Chris and Jessica can now plan more effectively, ensuring that their financial resources are allocated wisely.

Charting a Bright Future: Financial Stability and Growth

With the enhanced financial visibility and expertise provided by Advantage Insights, Sirius Veterinary Orthopedic Center is well-positioned for continued success. Chris and Jessica have developed a stronger relationship with their financial performance reports, enabling confident, data-driven business decisions. They now have the tools to navigate their growth path responsibly, ensuring that their business remains successful and sustainable in the long term.

Financial Peace of Mind: The Advantage Insights Difference

Partnering with Advantage Insights has equipped Sirius Veterinary Orthopedic Center with the tools and expertise needed to tackle financial challenges, ensuring sustained growth and success. The peace of mind and professional support provided by Advantage Insights have been invaluable, allowing Chris and Jessica to concentrate on their core mission of delivering exceptional orthopedic care to small animals.

The collaborative nature of the partnership between Sirius Veterinary Orthopedic Center and Advantage Insights has been a key factor in their success. Whenever Chris and Jessica had specific needs or preferences, Advantage Insights adapted their services to meet those expectations. This flexibility and responsiveness have fostered a strong, trust-based relationship.

For Chris and Jessica, the ability to understand and utilize their financial data effectively has been transformative. They now approach financial management with confidence, leveraging detailed metrics to support their decisions. This empowerment has not only improved their business operations but also reinforced their commitment to providing top-notch care for their patients.

What It's Like to Work with Advantage Insights

"It's been easy, honestly. The peace of mind they're bringing to the financial aspects of our business, we don't have to worry about it as much. If there are any red flags, she's quick to point them out." - Jessica Horstman
"She's very professional and knowledgeable. She's helped us work with banks and her expertise takes away the fear from some of our bigger decisions." - Chris Horstman

As Sirius Veterinary Orthopedic Center continues to grow, the support from Advantage Insights will help safeguard their success. Chris and Jessica can now focus on their vision for the future, knowing they have a trusted partner to guide them through the complexities of financial management. This partnership exemplifies how specialized expertise and dedicated support can drive sustainable business growth and operational excellence.

If your business is facing financial management challenges similar to those Sirius Veterinary Orthopedic Center overcame, it's time to take action. Partner with Advantage Insights and transform your financial operations today. Contact us to schedule a consultation and discover how we can help you achieve financial clarity and sustainable growth.

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