The Trivium Engagement process comprises three stages designed to deliver outstanding results.
Analysis
The Analysis phase is a two-step process. First, we review your current needs to tailor an appropriate level of service and create a statement of work (SOW). – Next, we perform a Strategic Assessment, which addresses the level of service required to implement a support plan that will deliver outstanding value.
Implementation
The Implementation phase will benchmark ‘best practices’ appropriate to your field, and standardize your business support processes.
Operations and Monitoring
Trivium takes over full-scale operation of in-scope services in this phase with an ongoing commitment to monitor services undertaken and continually improve all aspects of operations.
Trivium Four Stage Quadrants
The Trivium Four Stage Quadrant wraps all the support services around the evolving needs of the Client – one that takes the “Center Stage”
Stage 1
Quadrant One symbolizes an early stage, seed-funded beginning. It is characterized by an Angel round of investment. Support services include creating the company, incorporation and capital structure. Some business support provided at this stage include developing, refining, outlining business plan; forecasting; evangelizing company among angel investors; and help raise additional seed financing.
Stage 2
Start up phase, or as some call it “Gearing up” or “Venturing out” or “Proof of Concept” stage. This is the stage where you will be getting ready to get series A funding. Business solutions delivered include cash forecasts and budget, firming up start up team, Website design, IT support – data lines, communication infrastructure, help with location and real estate lease,. process, policies and procedures, financial statement analysis, account policies, personnel files/compliance, benefits administration, employee handbook, stock option administration, 401k and tax prep.
Stage 3
This is also known as the "getting serious" or “stepping into self sustenance” stage. Key goals at this stage are to raise Series AB funding, design organization structure, negotiating bank and equipment lines, etc. It is critical at this stage to scale company processes with formal budgeting and planning, financial/operational analysis, business partnering, IT support - Data lines, office/communications infrastructure, cash management systems, Board Meeting packages, HR strategy, incentive compensation and equity structure, capitalization tables, accounting, payroll and accounts payable and fixed assets administration, selection of audit firm, valuation and assessment of fair market value.
Stage 4
At this stage, you’re staking out on your own and setting the company towards a self sustaining mode. It includes full scale support services that you would find at any ‘world class company’ without, perhaps the politics., and would include formal budget process, policies and procedures, selection of audit firm, software implementation and/or conversion, financial statement analysis, revenue recognition and other accounting policies, order to cash process, regulatory compliance,, accounts receivable and collections, personnel files/compliance, benefits administration, employee handbook, stock option administration, 401 K plans, collateral's, brochures, marketing communications support, selection of audit firm and tax preparation, software implementation, design and strengthen controls, M&A and due diligence support, valuation and assessment of fair market value, Mergers and acquisition due diligence.
