Murphy & Company

What Murphy & Company does

Murphy & Company, LLC, CPAs is a privately held regional CPA firm headquartered at 21 Business Park Drive, Branford, Connecticut. The firm delivers professional accounting, tax, payroll, business foundation, and CFO-level business management services to small and mid-sized businesses and individuals, concentrated in six Connecticut verticals: construction, home health care, professional services, real estate, service-based businesses, and waste management. A secondary client base includes family businesses, nonprofits, and individual taxpayers. The firm is led by Managing Partner Camille R. Murphy, whose career includes founding her first CPA practice in 1982, Big 4 experience at Deloitte, and past presidency of the Connecticut Society of CPAs, supported by Tax Director Sandra Pierog (three Big 4 tenures, Master's in Taxation) and Partner Joseph Calamita.

The firm's core commercial offering is Outsourced Accounting, sold as three fixed monthly fee subscription packages (Core, Signature, Elite) that bundle account reconciliation, financial statement preparation, payroll, tax filings, bill pay, expense tracking, and 1099 preparation. This is supplemented by standalone Tax Services (personal and business return preparation and year-round planning), Payroll Services, Business Foundation Services (entity analysis, accounting system setup, retirement plan analysis), and Business Management Services (CFO-level budgeting, KPI tracking, and cash flow analysis). Revenue mix combines subscription-recurring (outsourced accounting, payroll) with professional-services (tax preparation and advisory) billing.

Delivery is digital-first via a Client Center portal integrating QuickBooks Online (bookkeeping), CCH Axcess / Wolters Kluwer (tax), ShareFile (secure document exchange), Microsoft Teams (video conferencing), Fathom (financial analytics), and CPACharge (payments). Pricing is quote-based and not publicly disclosed; the firm does not develop proprietary software and operates as an end-user of best-in-class SaaS tools. Ownership is founder-led with no disclosed institutional investors, parent company, or acquisition history.

Name

Murphy & Company

Legal name

Murphy & Company, LLC, CPAs

Website

https://murphycocpa.com

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

11–50 employees

Short description

Murphy & Company is a Branford, Connecticut-based CPA firm providing outsourced accounting (tiered subscriptions), tax, payroll, and CFO-level advisory services to small and mid-sized businesses in construction, healthcare, real estate, waste management, professional services, and service-based industries, plus individuals and nonprofits.

Ownership category

akta.pro rank

Product category

Accounting & Tax Services

NAICS

Offices of Certified Public Accountants (541211)

SIC

Finance Services (6199)

akta.pro primary industry

Outsourced Finance & CFO Services (BPAHABAE)

akta.pro secondary industries

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF), Financial Planning & Analysis Support (Budgeting, Forecasting, Management Reporting) (BPAAAGAJ)

Keywords

• CPA firm services
• Outsourced accounting
• Tax preparation
• Business advisory
• Payroll processing

Headquarters

HQ city

Branford

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Professional Accounting Services: Ongoing accounting, bookkeeping, and financial statement services (compilations, reviews, audits) billed at fixed monthly fees through outsourced accounting packages (Core, Signature, Elite tiers). Services include account reconciliation, financial statement preparation, payroll processing, and business tax return preparation.
2. Tax Preparation and Planning: Personal and business tax preparation services provided year-round, including strategic tax planning, entity type analysis, and retirement plan analysis. Revenue generated through per-return fees and annual engagement retainers.
3. Payroll Services: Full-service payroll processing including scheduled payrolls, employee setup, salary changes, payroll filings, W-2 and 1099 processing, time tracking, and garnishments. Included in Signature and Elite outsourced accounting packages or offered as standalone service.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Murphy & Company is a CPA firm providing outsourced accounting, tax preparation and planning, payroll processing, business advisory, and CFO-level business management services to small and mid-sized businesses and individuals in Connecticut. Core deliverables include bookkeeping, financial statement preparation (compilation, review, audit), tax filing, payroll administration, entity formation guidance, and KPI-driven financial analysis, packaged into monthly recurring engagements.

Product overview

Murphy & Company is a CPA firm offering professional services through a platform-plus-packages architecture. The core service is Outsourced Accounting, delivered in three tiers: Core (account reconciliation, financial statements, tax filings), Signature (adds live payroll processing, pension administration, strategy meetings), and Elite (adds bill pay, expense tracking, customer billing, 1099s). Supporting services include Tax Services (personal and business income tax), Payroll Services, Business Foundation Services (entity analysis, accounting setup, retirement planning), and Business Management Services (CFO-level guidance). Services are delivered via a secure online platform with real-time client visibility, bundled at fixed monthly fees. The firm also provides educational eBooks on business and tax topics.

Differentiator

Problem solved

Functional benefit

Products and services

• Outsourced Accounting Full-service accounting department replacement offering day-to-day bookkeeping, bank reconciliation, payroll processing, bill payment, invoicing, and financial reporting via a secure online platform with real-time data visibility, bundled at a fixed monthly fee. Designed for small and mid-sized businesses seeking to outsource back-office finance operations.
• Accounting Traditional CPA firm accounting services including compilation, reviews, and audits of financial statements, daily transaction classification, expense tracking, payroll, bill payment, invoicing, and business tax planning and preparation. Targeted at small and mid-sized businesses needing periodic attest and accounting work.
• Tax Services Personal and business tax preparation and planning services featuring a seamless digital experience from document collection to electronic filing, personalized deduction examination, and year-round strategic tax support. Targeted at small/mid-sized business owners and individuals.
• Personal Income Tax Individual tax preparation and planning with a modern digital process from document upload to signature and filing, customized support for personal tax situations, and year-round strategic tax advice. Targeted at individual taxpayers.
• Payroll Services Full-service payroll processing including scheduled payroll processing, employee setup, salary changes, payroll filings, W-2 and 1099 processing, and time tracking with assurance of accuracy and on-time tax filing. Available standalone or bundled within Outsourced Accounting packages.
• Business Foundation Services Advisory services for new business owners covering entity type analysis, accounting system setup, and retirement plan analysis to establish a strong business foundation. Targeted at entrepreneurs launching or restructuring businesses.
• Entity Type Analysis Expert guidance on selecting the appropriate business entity structure with state and federal form preparation, covering tax implications, legal liability, and business operations. Targeted at new business owners and those restructuring their entities.
• Accounting System Setup Professional setup and optimization of accounting systems to support streamlined, efficient workflows with automated processes and real-time, accurate decision-driving data. Targeted at new and growing small businesses.
• Retirement Plan Analysis Research, comparison, and recommendation of retirement plans for businesses and employees, handling all legwork to identify the best plan at the right price. Targeted at business owners establishing or revising employee benefit offerings.
• Business Management Services CFO-level financial guidance including regular financial meetings, customized business-critical reports, budgeting, tax planning, and deep analysis of revenue, profits, expenses, payroll, credit card fees, cash flow, and industry KPIs. Targeted at small/mid-sized businesses needing executive financial leadership without a full-time hire.

Segments9 records

Ideal customer profiles9 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• CCH Wolters Kluwer (CCH Axcess)coreTechnology or IntegrationCCH Axcess is the primary tax and accounting software platform used by the firm for tax preparation and client document management. Clients access CCH Axcess through the Client Center portal for secure tax filing and document exchange.
• ShareFilecoreTechnology or IntegrationShareFile (by Citrix) provides secure document sharing and client portal functionality. Clients access ShareFile through the Client Login portal for secure file uploads and document exchange with the firm.
• Intuit QuickBooks OnlinecoreTechnology or IntegrationQuickBooks Online is the primary accounting software used for client bookkeeping and financial management. The firm offers QuickBooks Online access through their Client Center for client convenience.
• AICPAcoreOthersAmerican Institute of CPAs - Professional membership organization for CPAs. Managing Partner Camille Murphy is a member. The firm displays the AICPA logo indicating membership and adherence to professional standards.
• Connecticut Society of CPAscoreOthersState professional membership organization for CPAs in Connecticut. Multiple team members are members, including Tax Director Sandy Pierog who serves as Co-President of the Accounting & Financial Women's Alliance, CT Chapter.
• Shoreline Chamber of CommerceminorOthersLocal chamber of commerce serving the Shoreline area of Connecticut. The firm is an active member and participates in the business community.
• Madison CT Chamber of CommerceminorOthersLocal chamber of commerce serving Madison, Connecticut. The firm maintains membership and community involvement.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Emerging players

• Bench: Bench is a subscription bookkeeping and accounting service for SMBs combining software with dedicated bookkeepers. Comparable recurring subscription model and SMB focus, but targets smaller clients with technology-led delivery rather than CPA-led advisory services.
• Pilot: Pilot is a tech-enabled outsourced accounting firm offering subscription bookkeeping, tax, and CFO services to SMBs. Comparable outsourced accounting subscription model but primarily serving startups and tech-enabled businesses with a software-first delivery approach.

Direct peers

• Sikich: Sikich is a national accounting and advisory firm with vertical specializations including construction, healthcare, and manufacturing. Comparable industry-vertical approach and full-service tax/accounting/advisory model targeting mid-market clients.
• Withum: Withum is a regional CPA and advisory firm headquartered in the Northeast serving SMBs and individuals with industry-focused practices. Direct peer based on Northeast US presence, industry-specific expertise, and full-service tax/accounting/advisory model.
• Aprio: Aprio is a top-30 US CPA and advisory firm serving SMBs across multiple industry verticals including construction, healthcare, and real estate. Closely comparable to Murphy & Co. in vertical specialization and tiered service offerings, but at significantly larger scale with national footprint.
• Anchin: Anchin is a Northeast-based mid-sized CPA and advisory firm serving privately held businesses and individuals. Comparable in size and SMB focus with industry specializations, particularly in construction, real estate, and professional services.

Broad incumbents

• EisnerAmper: EisnerAmper is a top-15 US accounting and advisory firm with industry vertical depth in real estate, construction, healthcare, and financial services. Broadly comparable service offerings and vertical approach, but at much greater scale with multiple offices nationally.
• FORVIS: FORVIS (formed from the merger of BKD and DHG) is a top-8 US accounting firm serving middle-market clients with strong industry specializations. Comparable industry-vertical approach in construction, healthcare, and real estate, but at massive scale with 100+ offices.
• Cherry Bekaert: Cherry Bekaert is a top-25 US accounting firm with deep vertical specialization in construction, healthcare, real estate, and government. Comparable service mix and industry vertical approach, but operates at much larger scale with multiple offices.
• Marcum LLP: Marcum is a top-15 US accounting firm with strong Northeast presence serving middle-market companies and individuals. Comparable industry focus and full-service tax/accounting/advisory model, but significantly larger with national footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Murphycocpa
• LinkedInlinkedin.com/company/murphy-&-company-cpa's-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Murphy & Company