Outsourced Accounting Department

What is an Outsourced Accounting Department?

Our outsourced accounting department is the one-stop accounting solution for our small business partners. With this service, we create the types of systems that the large successful companies use to stay large and successful. 

Image by Christina @ wocintechchat.com

The Background

Small business owners rarely need to hire robust full-time accounting departments, and even if they needed to it would be hard to come up with the resources to do so.

Every business needs the organization, analysis, strategy, etc. that an accounting department offers, but not in the way that it is offered.

 

For example, a small business may not need a bookkeeper to work for 40 hours per week. This does not mean that a small business does not need bookkeeping.

A small full-time accounting department typically includes the following roles and salaries:

  • Bookkeeper – $30k - $40k

  • Staff Accountant - $45k - $55k

  • Accounting Manager - $90k+

  • Controller - $120k+

  • CFO - $250k+

 Our Solution

As mentioned earlier, while small business owners don’t have a need to invest hundreds of thousands of dollars into hiring full-time employees to fill these roles. They need to have the benefits that each role offers in their business. This is what we’ve created. Here is what our Outsourced Accounting Services offer: 

  • Virtual CFO – to read more click here.

  • Accounting and Tax Strategy

  • Tax Planning and Preparation

  • Bookkeeping

  • Projections

  • Forecasts

  • Budget Support

  • Payroll Support

  • And more…

This package truly simulates hiring a full accounting department, for a fraction of the cost.