Case Study: How Gusto helps Prix Fixe Accounting drive revenue growth
Key results
The challenge
Prix Fixe Accounting, based in North Adams, Massachusetts, serves restaurants, hotels, and food-based retailers, an industry with high turnover, tight margins, and heavy onboarding and offboarding. Determining workers'-compensation costs for clients was challenging and time-consuming, often producing large year-end true-up payments. The firm needed to advise clients on wages and benefits in a fast-changing, post-COVID hospitality market.
The solution
A Gusto customer since January 2018 with 30 clients on the platform, Prix Fixe uses Gusto's all-in-one payroll and benefits, its compensation benchmarking tool, and integrated workers' compensation. Paying workers' comp with each payroll run and setting exact class codes avoids year-end surprises. Benchmarking data helps the firm advise clients on wages by role and region.
“It has made our lives infinitely better as accountants because we don't have to deal with the workers' comp audit at the end of the year.”
CMChris MackseyFounder, Prix Fixe Accounting
The results, in context
The published story reports Prix Fixe has driven 25% year-over-year revenue growth over the past six years while using Gusto. Integrated workers' compensation saves the firm 5 to 10 hours of work per client during end-of-year workers'-comp audits. Gusto's benchmarking and benefits tools support the firm's proactive guidance on compensation.