Aprio Relaunches HPC as Aprio Cloud

Atlanta-based Aprio LLP (FY17 net revenue of $85.1 million) announced that it has completed its acquisition of HPC, a cloud-based accounting firm also based in Atlanta, and it is being relaunched as Aprio Cloud. Aprio announced the acquisition in June.

“With the acquisition of HPC, clients will get their nights and weekends back, no longer spending time on accounting,” says Richard Kopelman, CEO and MP at Aprio. “They will also receive timely reporting on their actual performance, allowing them to grow profits by making sound business decisions with real-time data.”

HPC complements Aprio’s existing outsourced accounting services practice that was established in 2016, giving clients a cloud accounting solution using “best of breed” products and processes.

Aprio Cloud brings together more than 50 best-in-class applications, from companies such as Xero, Bill.com, Receipt Bank, Karbon and Expensify. The technology stack delivers “anytime, anywhere” financial information through data visualizations and dashboards, allowing clients to make smarter, faster decisions.

“Combining our market leadership in cloud accounting with Aprio’s highly respected reputation, breadth of specialty services and global reach made sense for our business and our clients’ businesses as well,” says Bruce A. Phillips, founder of HPC. Phillips will serve as managing director and partner of Aprio Cloud.

Clients may select an Aprio Cloud service package with fixed fees:

  • Bronze – Simplify reconciliation and data processing, and get help with data review and reporting, tax advisory, filing and compliance.
  • Silver – Outsource accounting and automate data processing. Access insights and advice for a greater understanding of financial information.
  • Gold – Get outsourced accounting, an HR department and virtual CFO for smarter planning and faster closings.