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case study

How Lilac Built a Finance Department Without Hiring One

After outgrowing in-house bookkeeping, Lilac partnered with Accountix to gain financial clarity, strategic guidance, and the confidence to scale.




Client: Lilac Restaurant Group
Industry: Hospitality
Engagement: Fractional CFO, Outsourced Accounting

About Lilac

Lilac Pâtisserie and Lilac Montecito are a locally owned bakery and restaurant group that grew into a multi-entity hospitality business, requiring stronger financial systems, clearer visibility, and strategic oversight to support continued growth.

Challenge

Lilac’s growth outpaced its financial infrastructure, creating inefficiencies, limited visibility, and avoidable risk that made reporting, planning, and operational decision-making harder to manage.

  • Bookkeeping became too complex
  • Prior support caused errors
  • Reporting lacked forward visibility
  • Forecasting was not in place
  • Check payments stayed manual
  • Processes were fragmented

Solution

A Financial Partner, Not Just a Bookkeeper

Accountix stepped in as Lilac’s finance partner, bringing accurate accounting, stronger systems, and forward-looking guidance to help leadership operate with more control, clarity, and confidence.

  1. Stabilize

    Delivered accurate bookkeeping and dependable financial oversight across both entities.

  2. Systemize

    Modernized payments and workflows with tools that improved efficiency and control.

  3. Strategize

    Introduced forecasting and reporting to guide hiring, profitability, and growth decisions.

Results

With Accountix in place, Lilac moved from reactive financial management to stronger visibility, better systems, and more confident decision-making, giving leadership greater control over planning, performance, and growth.

Accurate Financials
Reliable, up-to-date numbers support better decisions.
Less Owner Stress
Leadership no longer carries financial uncertainty alone.
Better Growth Decisions
Forecasting supports hiring, investment, and expansion planning.
Stronger Operations
Automated systems reduce manual work and errors.
Clearer Financial Strategy
CFO-level guidance supports planning and profitability.
More Team Accountability
Targets align managers around business performance.

Services
Performed

Support provided to strengthen financial operations, modernize systems, and bring greater clarity to planning and growth.

Core Services

Fractional CFO Services Outsourced Accounting Services

With

Bookkeeping Expertise Accounts Payable Management Local Bookkeeping Insights Capability 4 Capability 5 Capability 6

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