Outsourcing Accounting
An accounting department handles the day-to-day transaction coding, accounts payable, accounts receivable, payroll, management financial reporting and many other services. Outsourced accounting provides all such well experienced services in a lower cost for small businesses. Outsourced accounting providers have a full complement of accounting professionals allowing them to offer a small team of accountants for a lower cost to hiring.
Services Provided:
Your Transactions are daily processed by us. just like an internal accounting department. Our expert accountants can handle the following accounting functions:
- Real-time transaction processing
- Sales invoicing
- Vendor bill payment
- Payroll processing
- Management reporting
- Budgeting, forecasting, KPI trending
Keeping a constant eye on your accounting, giving you peace-of-mind to help you achieve your business goals.
Explanation:
We help you understand the numbers driving your business.
- Having a monthly or quarterly consultation with you to go through your numbers.
- Helping you understand the balance sheet and profit and loss statements.
- Review the Accounting Intelligence Dashboard (optional for each plan) with you to define and measure business goals.
Benefits of Outsourced Accounting:
FREEDOM
Work on your business while we handle your accounting through the use of secured cloud-based accounting software; which enables you to have access to your accounting records from anywhere in the world at any time.
REAL-TIME INFORMATION
Your accounting is processed as it comes in. You work with us on what you want to do next. We can work on the same data at the same time, ensuring it is current and up-to-date; which puts actionable and current data at your fingertips.
ELIMINATE HIRING COSTS
It’s expensive to hire, train, and maintain an accounting department. Outsourcing the accounting function eliminates hiring and training costs.
ENHANCE BUSINESS CONTINUITY
Valuable knowledge walks out the door when a key accounting personnel leaves your company. The risk of knowledge loss and enhance business continuity with outsourced accounting.
SECURITY
Your accounting data is stored on secured servers in the cloud protecting against physical data loss, and to enhance business continuity and disaster recovery.