Decimal
- 08/06/2022
- Seed
- $9,200,000
Automating and outsourcing bookkeeping and back office functions
- Industry Accounting
- Website https://www.decimal.com/
- LinkedIn https://www.linkedin.com/company/getdecimal/about/
Related People
Matt TaitFounder
As the CEO of Decimal, I feel right where I belong: helping other entrepreneurs and small businesses.
Before I found myself focused on growing companies and products, I graduated early from Duke to enjoy a few months of adventure before going to law school and practicing law for a few years. While I joke that I’m a recovering attorney, I still keep my license active.
Even in law school, I knew I would be an entrepreneur. That’s why I spent my nights in an executive training program. Even though I’m an okay lawyer, I’m a far more dedicated and committed entrepreneur and business strategist. It’s in my blood (seriously, my family is full of entrepreneurs).
That brings me to why I’m here.
In my experience, many people consulting with businesses (like lawyers and accountants) aren’t that great with technology. That’s why there’s often a gap between the advice they provide and the operational know-how to correctly implement it. Practical knowledge and wisdom are amplified when you combine it with software that automates the tasks that don’t require discretion.
Business owners all want to get their business to a place where it runs smoothly and efficiently. We want to be able to focus on what we do best, not things like the back office. In fact, the back office is interesting: doing it well means your business runs a lot more smoothly, but no business owner likes doing it. It’s still important work, and doing it wrong or avoiding it costs time and money (you pay to have it cleaned up at tax time).
That’s why my team and I focus on fine-tuning (or implementing) the best, most integrated back office system for our clients. That includes payroll, accounting, bill pay, even basic IT work, so our clients can get back to doing the work you love.
Now more than ever, I want to help businesses focus on being there for their clients, growing their business, and spending time with their family. I love taking care of the rest.
A few types of companies we have a lot of experience with:
Consultants, financial advisors, and professional services in general
Ecommerce companies and retailers adapting to selling online
Tech/SaaS companies who need someone that understands software rev rec
My competitiveness and compassion for those around me have allowed me to work with some amazing people while always driving forward. Each step in this journey has given me the additional experience and tools to grow, but my foundation will always be rooted at home with my amazing wife and 3 great kids.