Positive Venture Group’s services give founders more time to focus on building their business by providing them with the support they need to reach their full potential. Positive’s vision is to help their clients bring their ideas to the world.
Most growth-stage companies begin with an idea that has the potential to impact their industry in a meaningful way. 95% of these companies fail because they don’t have the experience or the support to navigate common business challenges. Access to capital, inexperience in finance and regulatory matters and distractions can prevent business from executing their vision. Larger companies manage these challenges by leveraging their finance function, but most growth-stage businesses are unable to afford this.
The founders of Positive Venture Group, Jason Burke and Jeff Stoss recognized a need for outsourced finance services that cover every role within a complete finance department. They partnered with knowledgeable advisors, hired experienced finance staff and built a technology stack fit for large-scale businesses. With their technology partnerships, they bring an enterprise-class finance department to growth-stage companies for a fraction of the cost.
Positive chose to partner with the Oracle | NetSuite based on their user experience, software features and completeness of vision. This top-ranking cloud Enterprise Resource Planning (ERP) system allows businesses to manage all fundamental back-office operations and processes from one secure, accessible network.
Positive Venture Group was named the 2019 Oracle | NetSuite Breakthrough BPO partner of the year. As an Oracle | NetSuite Solution Provider and Business Processes Outsource (BPO) partner, Positive’s team of 50+ finance professionals have established effective strategies, processes and best practices for leveraging this ERP platform. Their proprietary finance processes have been developed from the collective knowledge of all their CFOs, bridging multiple industries. Positive aims to provide clients with the structure that best suits their business and personalized training sessions to ensure a smooth transition.
Building on their success with Oracle | NetSuite, Positive’s Financial Planning and Analysis (FP&A) team selected Prophix as their Corporate Performance Management (CPM) platform of choice. They offer Prophix for FP&A in a similar BPO model. A key step in Positive’s finance process is linking strategy to execution. In large enterprises, this is supported by FP&A, which most growth-stage companies are forced to live without. Positive’s technology stack also includes ADP, Solium, Expensify and Pitchbook.
Since 2016, Positive Venture Group has helped raise over $400 million of funding for their clients from SEED to Series B. Their services include all functions you’d expect in a large enterprise finance department including accounts payable, accounts receivable, payroll, order management, accounting, controllership, financial planning and analysis, stock administration, funding services and fractional CFO services. Positive has served more than 100 growth-stage companies and continues to work with more than 70 clients today. Their outsourced finance model provides businesses with the people, processes and technology they need to grow at an accelerated rate.
