What Forvis Mazars does

Forvis Mazars, LLP is a US-based professional services firm operating as a limited liability partnership that resulted from the acquisition of Mazars' US operations by Forvis, now operating under the combined brand within the Forvis Mazars Global Network (ranked top 10 globally by revenue). The firm delivers an integrated platform spanning three service lines — Assurance (audit, reviews, SOC/HITRUST, IT audits, lease accounting), Tax (federal specialty, SALT, international, controversy, transformation, M&A tax, private client), and Consulting (AI strategy, healthcare consulting, forensics, internal audit, transaction advisory, valuation, outsourcing, public sector, regulatory, ESG) — organized around 15+ industry verticals including Healthcare & Life Sciences, Financial Services, Higher Education, Private Equity, Construction, Manufacturing, TMT, and Nonprofit.

The firm's technology stack is a hybrid of a professional services delivery platform and a proprietary SaaS portfolio. Proprietary products include SALT Explorer (50-state construction sales-and-use tax estimation), ProBank Advisor (compliance advisory portal for community/regional banks), TaxCred PRO for NMTC (deal modeling post-OBBBA permanence), Program Economic Analysis (higher education benchmarking across 300+ institutions), IntegraReport (ethics hotline), LeaseVision, LoanPricingPRO, HFS+, Pulse, Workforce Productivity Manager, Freight Network Navigator, Payment Risk Analytics, Physical Climate Risk Dashboard, SNF Rate Calculator, Home Health Payment Rates, Denials Management Monitoring, The Reporting Solution, and the R&D Tax Credit Explorer. These products are integrated with Microsoft Dynamics 365, Copilot Studio, and Azure AI Foundry through a certified Microsoft partnership that anchors the firm's AI Strategy & Integration services. The firm is also an authorized CMMC Third-Party Assessment Organization (C3PAO).

Forvis Mazars makes money primarily through professional services engagements (quote-based, multi-year) sold via industry-aligned sector leaders and RFP/demo funnels, supplemented by subscription revenue from proprietary SaaS products, transaction-based advisory fees (M&A, valuation), and channel/partner ecosystem revenue (notably its 2025 Avalara Accountant Firm of the Year recognition). The US workforce of 7,700+ serves mid-market and enterprise clients across all 50 states, with international presence in Edinburgh (UK) and Hamburg (Germany), and global reach through the Forvis Mazars Global Network. The firm is recognized on Inside Public Accounting's Top 75, Forbes America's Best Employers for Company Culture 2025, and serves as independent auditor for multiple public companies.

Name

Forvis Mazars

Legal name

Forvis Mazars, LLP

Website

https://forvismazars.us

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Forvis Mazars is a US-based professional services LLP (7,700+ US employees) delivering assurance, tax, and consulting across 15+ industry verticals, anchored by proprietary SaaS products and the Forvis Mazars Global Network (top 10 globally). It serves mid-market, enterprise, and public-company clients with deep vertical specialization in healthcare, financial services, and higher education.

Ownership category

akta.pro rank

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Assurance Services: Audit, reviews, attest services, compilation, IT audits, SOC audits, statutory financial audits, lease accounting, employee benefit plan audits, SEC services. Recurring engagements typically tied to fiscal year client needs.
2. Tax Services: Federal tax specialty, international tax, state & local tax (SALT), tax controversy, tax transformation, mergers & acquisitions tax, digital assets tax, private client tax. Project-based and recurring compliance engagements.
3. Consulting Services: AI strategy & integration, analytics, CFO/business consulting, ESOP consulting, enterprise risk & quantitative consulting, executive search, finance transformation, financial services risk & regulatory, forensics, healthcare consulting, internal audit & compliance, investment banking, IT risk & compliance, lender services, loan review, outsourcing accounting, public sector advisory, regulatory consulting, restructuring, retirement plan consulting, SOC & HITRUST, sustainability, technology consulting, transaction advisory, valuation.
4. Proprietary SaaS Products: Subscription-based access to proprietary platforms including SALT Explorer, TaxCred PRO for NMTC, ProBank Advisor, Program Economic Analysis (PEA), LeaseVision, LoanPricingPRO, HFS+, Pulse, Workforce Productivity Manager, IntegraReport, and others.
5. Education & Training Services (ProBank Education Services): On-demand and live webinar training, seminars, self-paced and custom in-house training programs for banking and financial professionals. ProBank Advisor subscribers receive exclusive discounts on these offerings.
6. Partnership & Ecosystem Revenue: Channel/partner revenue from technology and accounting ecosystem collaborations such as Avalara's partner program (recognized as 2025 Accountant Firm of the Year).

Pricing tiers

Go-to-market motion5 records

Distribution channels6 records

Marketing channels8 records

Core offering

Forvis Mazars is a US public accounting and consulting firm that delivers integrated assurance (audit, SOC, IT audit, statutory audit), tax (federal, state and local, international, controversy, transformation), and consulting (AI strategy, healthcare consulting, forensics, internal audit, transaction advisory, valuation, investment banking, sustainability) services across 15+ industry verticals. The practice is augmented by a portfolio of proprietary SaaS products (SALT Explorer, ProBank Advisor, TaxCred PRO, Program Economic Analysis, LeaseVision, LoanPricingPRO, HFS+, Freight Network Navigator, IntegraReport) and authorized CMMC Level 2 Third-Party Assessment Organization (C3PAO) services for defense contractors.

Product overview

Forvis Mazars delivers a platform-plus-modules architecture spanning three core service lines — Assurance, Tax, and Consulting — overlaid with a portfolio of proprietary technology products and analytical tools. The Assurance line includes Audit & Reviews, SOC & HITRUST Solutions, IT Audits, and Statutory Financial Audits, plus the LeaseVision product for lease accounting. The Tax line includes Federal Tax Specialty Services (with the TaxCred PRO® for New Markets Tax Credit modeling platform for the permanently authorized NMTC program), State & Local Tax (backed by the SALT Explorer construction-tax estimation platform), Tax Transformation, and Forvis Mazars Private Client™. The Consulting line spans AI Strategy & Integration, Healthcare Consulting (expanded by the March 2026 acquisition of The Innova Group), Forensics, Internal Audit & Compliance, IT Risk & Compliance, SOC & HITRUST Solutions, Transaction Advisory, Valuation, ProBank Education Services, and Executive Search. Specialized technology products include the Program Economic Analysis tool for higher education, LoanPricingPRO for community/regional financial institutions, ProBank Advisor compliance portal, the Physical Climate Risk Dashboard, Freight Network Navigator™, HFS+, Payment Risk Analytics, Workforce Productivity Manager, SNF Rate Calculator, Home Health Payment Rates, Denials Management Monitoring, The Reporting Solution, Pulse, and the IntegraReport ethics & compliance hotline system. Acquired brands include The Innova Group (healthcare consulting, added March 1, 2026). The overall portfolio is unified under the Forvis Mazars Global Network, ranked in the top 10 globally by revenue.

Differentiator

Problem solved

Functional benefit

Brands

• TaxCred PRO® for New Markets Tax Credit: A cloud-based transaction forecasting and modeling platform for New Markets Tax Credit (NMTC) deals.
• SALT Explorer™
• ProBank Advisor®
• IntegraReport
• Program Economic Analysis (PEA)
• Forvis Mazars Private Client™

Products and services

• Assurance Services Audit, reviews, attest, IT and SOC audits, statutory financial audits, lease accounting, employee benefit plan audits, and SEC services for middle-market and enterprise clients across industry verticals.
• Tax Services Federal, international, state and local, controversy, transformation, M&A, digital assets, and private client tax services for businesses and individuals across industry verticals.
• Consulting Services AI strategy & integration, analytics, CFO advisory, ESOP, enterprise risk, executive search, finance transformation, financial services risk & regulatory, forensics, healthcare consulting, internal audit & compliance, investment banking, IT risk & compliance, lender services, loan review, outsourcing accounting, public sector advisory, restructuring, SOC & HITRUST, sustainability, technology consulting, transaction advisory, and valuation.
• SALT Explorer Cloud-based sales and use tax estimation platform for construction companies covering all 50 states with gross-receipts and exempt-entity support, paired with Forvis Mazars SALT advisors.
• ProBank Advisor Secure subscription compliance advisory portal for community and regional financial institutions providing on-demand answers, regulatory tracking, examiner checklists, risk assessments, and policy templates.
• TaxCred PRO for New Markets Tax Credit Cloud-based New Markets Tax Credit transaction forecasting and modeling tool that generates NMTC deal models faster than Excel-based methods for CDEs, NMTC investors, and project sponsors.
• Program Economic Analysis (PEA) Analytical model for higher education institutions that evaluates historical financial performance of academic programs, benchmarks against peer institutions, and runs What-If scenario modeling via interactive dashboards.
• LeaseVision Lease accounting analysis product supporting lease compliance and reporting under the firm's Assurance service line.
• LoanPricingPRO Loan pricing product for community and regional financial institutions, used within Forvis Mazars' banking products portfolio.
• ProBank Education Services On-demand and live webinar training, seminars, and custom in-house training programs for banking and financial professionals, with discounts for ProBank Advisor subscribers.
• AI Strategy & Integration Services Advisory offering built on a five-level maturity model that moves organizations from AI experimentation to agentic AI deployment, leveraging Microsoft Dynamics 365, Copilot Studio, and Azure AI Foundry as a certified Microsoft partner.
• CMMC Level 2 Third-Party Assessment Organization (C3PAO) Services Authorized CMMC Third-Party Assessment Organization services performing CMMC Level 2 assessments against NIST SP 800-171 Rev. 2's 110 security requirements for defense contractors.
• IntegraReport Confidential and anonymous ethics and compliance hotline system for submitting complaints and allegations, used by affiliates, partners, employees, and business associates.
• Forvis Mazars Private Client Private client tax service brand offering consultative tax, family office, and wealth management services for high-net-worth individuals and families.
• R&D Tax Credit Explorer Proprietary AI-powered platform used by Forvis Mazars' R&D tax credit team to identify and substantiate qualifying research expenditures across federal and state R&D tax credit programs.

Quantifiable outcome

• 99% reduction in payroll audit processing time
• +5 more outcomes

Named customers17 records

Segments10 records

Ideal customer profiles8 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability11 records

Feature9 records

Partnerships

Five partnerships are on record, tiered flagship, core and minor.

• MicrosoftflagshipTechnology or IntegrationForvis Mazars is a certified Microsoft partner for AI initiatives, leveraging Microsoft Dynamics 365, Copilot Studio, and Azure AI Foundry as the technology foundation enabling transformation from AI experimentation to agentic AI deployment in enterprise environments. The firm positions itself as a strategic advisor helping organizations follow a five-level maturity model toward full agentic AI deployment.
• AvalaracoreTechnology or IntegrationForvis Mazars was recognized as Avalara's 2025 Accountant Firm of the Year for contributions to Avalara's partner ecosystem including customer impact, growth, innovation, and commitment to delivering exceptional experiences. The partnership integrates Avalara's tax compliance technology with Forvis Mazars' tax services to deliver combined solutions to mutual clients.
• Kratos Defense & Security SolutionsminorStrategic or Co-development PartnerForvis Mazars performed the CMMC Level 2 assessment of Dynamic Quest with advisory support from Kratos, a defense industry partner. Kratos provided advisory support to enable Dynamic Quest to achieve a perfect score of 110/110 on the assessment.
• Quantro SecurityminorStrategic or Co-development PartnerForvis Mazars collaborated with Quantro Security, an AI-native cybersecurity company, in support of Quantro's VM.Analyst product launch. The collaboration positions Forvis Mazars as an advisory firm supporting AI-native cybersecurity go-to-market.
• The Innova GroupcoreStrategic or Co-development PartnerForvis Mazars, LLP acquired The Innova Group, a healthcare consultancy founded in 1995 and based in Austin, effective March 1, 2026. The acquisition adds nine executives, nearly 50 professionals, and a new office in Tucson, Arizona, expanding the firm's healthcare consulting platform by combining Innova's 30 years of hospital strategy, finance, and facility planning capabilities with Forvis Mazars' existing service offerings.

Scale indicators13 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• CliftonLarsonAllen (CLA): Direct peer in mid-market accounting with strong overlap in healthcare, banking, and private client advisory; comparable employee scale and similar proprietary tools/outsourced accounting offerings.
• Plante Moran: Direct peer in mid-market professional services with similar industry focus (manufacturing, healthcare, financial services) and comparable employee scale; competes for the same middle-market audit and advisory mandates.
• BDO USA: Direct peer in mid-tier professional services with similar industry specialization, proprietary tax/audit tools, and a comparable client base spanning banking, healthcare, and SMB; also cited alongside Forvis Mazars as a top consulting firm for SMBs.
• Crowe LLP: Direct mid-market accounting peer competing head-to-head for audit engagements (e.g., Landmark Bancorp recently switched from Crowe to Forvis Mazars); comparable industry focus on banking, healthcare, and manufacturing.
• Baker Tilly US: Direct mid-market competitor with comparable industry-aligned practice groups in healthcare, financial services, and manufacturing; competes for similar advisory and audit mandates.
• Wipfli: Direct mid-market peer with overlapping audit, tax, and consulting practices, particularly strong in healthcare, financial institutions, and SMB outsourcing — a comparable size and service profile to Forvis Mazars.
• Grant Thornton: Direct peer among the top non-Big Four US accounting networks, with overlapping advisory, audit, and tax practices serving mid-market and large private clients in similar verticals.
• RSM US: The leading direct US competitor to Forvis Mazars in the mid-market accounting and consulting segment, with comparable industry-verticalized service lines (audit, tax, consulting) and similar middle-market client focus across healthcare, financial services, and private equity.

Broad incumbents

• Deloitte: Largest Big Four incumbent offering overlapping assurance, tax, consulting, and AI strategy services; not a direct competitor in Forvis Mazars' mid-market core but increasingly competes downstream in healthcare, financial services, and PE advisory.
• KPMG: Big Four incumbent with overlapping audit, tax, and AI advisory offerings; competes with Forvis Mazars in upper mid-market and large-cap audits, including financial services and healthcare.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ForvisMazarsUS
• LinkedInlinkedin.com/company/forvis-mazars-us

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Forvis Mazars