Accounting and finance outsourcing allows you to focus on your core business activities while benefiting from the expertise of finance professionals. By outsourcing, you can save costs, enhance efficiency, and access better financial insights, leading to improved decision-making and ultimately, business growth.

You should consider outsourcing when your business starts to grow and managing your finance and accounting in-house becomes time-consuming, costly, or inefficient. Outsourcing can also be an option if you lack the necessary expertise or resources to manage complex financial activities.

You can outsource a wide range of functions, including Fractional CFO services, Financial Planning and Analysis, budgeting and forecasting, Advanced Analytics and Reporting, Finance Technology implementation, bookkeeping, payroll management, accounts payable and receivable, Revenue Recognition among others.

Outsourcing finance and accounting services can lead to significant cost savings, as it eliminates the need to hire, train, and maintain an in-house team. It can also improve efficiency, as outsourcing providers have access to the latest technology and expertise. This translates into more accurate financial data, better reporting, and improved decision-making.

Savings will vary based on your business size, current costs, technology use, process maturity and the scope of services outsourced. Generally, outsourcing can help you save up to 40-70% on operational costs, while offering access to a wider range of expertise and resources.

Our firm prioritizes data security and maintains strict protocols to ensure your financial data is protected. We use advanced encryption, secure data storage, and regular monitoring to safeguard your sensitive information. Moreover, we have strict confidentiality agreements with our employees to prevent unauthorized access or data misuse.

We provide regular, transparent communication through email, phone, and video conferencing. Our periodical engagement management reports give you an overall health check report including our performance against your expectations. Our reports are customized to your needs and can be delivered on a daily, weekly, or monthly basis.

There is no specific number of employees that dictates when to consider outsourcing. Factors such as the complexity of your financial activities, available resources, and the time you spend on finance-related tasks should be considered when deciding whether to outsource.

Yes, we offer a free consultation where we assess your business requirements and demonstrate how our services can benefit your company. Based on this consultation, we can design a customized outsourcing plan tailored to your needs.

We offer flexible outsourcing options, allowing you to choose specific tasks or functions that best suit your needs. Our goal is to provide a customized solution that aligns with your business objectives and requirements.