NeuWave Medicalspecializes in developing and commercializing medical devices for the health care industry. NeuWave arose as the result of an academic collaboration between engineers and physicians at the University of Wisconsin – Madison. Like many start-ups, NeuWave began with a federal grant. Fine Point Consulting provided grant administration solutions, including the tracking of R&D activities and customized timekeeping.
As the company grew closer to commercialization of their product, the Fine Point Consulting accounting team worked in collaboration with the NeuWave Medical management team to obtain several rounds of venture capital financing. We also worked with the management team to implement a more sophisticated inventory control tool as manufacturing ramped up. We provided all of these services while simultaneously managing all of the day-to-day accounting processes.
We’ve used Fine Point Consulting since 2008. Luella and her team manage the day-to-day transaction processing efficiently and can also provide higher level controller/CFO support when needed. This approach has allowed us to have the expertise and depth of an entire accounting department at our disposal, while only paying for the services we need.
– Laura King, CEO, NeuWave Medical
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