Finance & Accounting Outsourcing Services

Handling Your Finance & Accounting Functions So You Have More to Go On

Ever feel like your accounting solution is leaving you with too many missing pieces? Either the information isn’t current, it isn’t accurate, or maybe it just isn’t intelligible enough to be helpful. Our comprehensive Finance and Accounting services enables you with better financial planning and control through sharper insights and streamlined processes across your Record to Report, Procure to Pay (Accounts Payable), and Order to Cash (Accounts Receivable) processes. We give you More to Go On so you can make agile business decisions confidently.

Record to Report

Reliable and efficient Record to Report processes can provide your company with the financial and operational insight needed to accurately gauge performance, identify opportunities for improvement and growth, and strategically plan for the future.

  • Profit and Loss Statements

  • Balance Sheet

  • Cash Flow Statement

  • General Ledger

  • Bank Account and GL Reconciliations

  • Cash and Credit Card Deposit Verifications

  • 3rd Party Delivery Reconciliations

  • Fixed Asset Account Management

  • Inventory Accounting

  • Corporate Consolidation Reporting

  • Compliance Reporting

  • And More!

Procure to Pay

By deploying our proven Procure-to-Pay (Accounts Payable) solutions, we will enable you to introduce process automation, enhance your cash controls, and improve the overall efficiency of your workflows, resulting in lower costs, an optimized supply chain, and stronger vendor relationships.

  • Mailroom Services

  • Approval Workflow and Portal

  • Electronic Invoice Integration

  • Statement Research

  • Utility Tracking

  • 1099 Reporting

  • W9 Tracking

  • Tax and License Processing

  • AP Aging Report

Procure to Pay Services

Order to Cash

Our Order to Cash (O2C, OTC, or Accounts Receivable) enables your business to maintain the future cash flow needed to ensure longevity and the ability to fund future growth strategies. .

  • Prepare, Verify, and Dispatch

  • Order Management

  • Customer Billing

  • Customer Inquiries

  • Cash Application

  • Soft Collections Monitor and Follow-Up

  • Bad Debt Analysis

  • Accounts Receivable Reconciliations

  • Accounts Receivable Aging Report

Order to Cash Services

CFO Advisory

Our CFO Advisory services enable a transition from a merely “keeping the house in order” CFO function to one capable of creating value, with a keen focus on revenue optimization while reducing the risk of disruptions. Whether you already have a CFO in place or the position is currently vacant, our CFO Advisory services team will serve as checks and balances, strengthening the security and direction of your finance operations as part of an overall plan for growth.

  • Identify of opportunities for EBITDA improvement

  • Manage budget and forecasting cycles

  • Assessment and recommendations for growth

  • Preparation for acquisition, merger or exit

  • Optimize cash flow

  • Guide and oversee Due Diligence activities for raising capital and attracting investors

  • Manage year-end processes and year end closing

  • Preparation or management of audit process

  • Policy and procedure evaluation and recommendations

CFO Advisory Services
Get more to go on

How Our Clients Get More To Go On, While Focusing On Lean Operations:

See Further
  • Enable faster decision making in real-time, with digitally enhanced, compliance ready and accurate reporting delivered within 10 business days
  • Gain an end-to-end holistic view through analytical dashboards, reports and benchmarks
Scale Smarter
  • Enhance technical and technological capabilities without inflated overheads
  • Grow your business without added pressure on your resources or overhead
  • Focus on “big-picture” strategies and not back-office operations
  • Boost bottom-lines with up to 40-60% reduction in costs
Stand Stronger
  • Garner actionable insights from a team of industry experts
  • Leverage vertical-specific best practices, while being fully compliant with regulations and tax legislation

Leverage Our Proprietary Tools to Gain Business Insights

Latest Insights

Latest Trends and Strategies

Frequently Asked Questions

What are Outsourced Accounting Services?
Outsourced accounting is the hiring of a third party (outside the company) to complete the organization’s finance and accounting functions. Outsourced accounting services encompass a range of finance functions, including; bookkeeping services, financial reporting, management reporting, tax services, accounts payable, accounts receivable, etc.
What do Outsourced Accounting Service Providers Do?

Outsourced accounting service providers enable a business to reduce overhead expenses, increase efficiency and make more informed business decisions. Accounting functions that are commonly outsourced are:

Accounts Payable/Accounts Receivable: Outsourcing the accounts payable and accounts receivable functions enables an organization to focus on the strategy of their cash flow rather than actually having to focus on the transactional work of processing and collecting, or paying, invoices.

Bookkeeping Services: Outsourcing this service gives the company access to reliable and accurate financial reports based on the transactional data entered throughout the period, which improves e financial data visibility for informed decision-making.

Enhanced Financial Reporting: By outsourcing finance and accounting functions, the business can leverage expert and timely advice from the service provider, on reports outside of the standard monthly financials including reporting around budgeting, benchmarking and trend reporting. These additional reports provide enhanced support for business strategy and decision-making.

Controller Services: Outsourcing this component of the finance and accounting work can bring enhanced expertise around audit preparedness and financial reporting - all of which provide insights into the financial health of the business.

Financial Planning: An outsourced accounting team can complete regular cash audit and budget tracking tasks that an in-house accounting team is often pulled away from completing on a regular basis. All of these activities allow the business leaders to better forecast future costs and revenues which lead to being able to make better-informed decisions about the future of the business.

Tax Services: This generally includes tax preparation and filing of sales and use tax as well as property tax and income tax, in order to ensure regulatory compliance and maximized tax benefits.

Is Outsourced Accounting Services Good for Small Businesses?

Outsourcing finance and accounting functions accrues a varietyof benefits to businesses, no matter the size:

Access to Accounting Experts: Partnering with a business process service provider with deep industry knowledge and expertise, the business’ books are always accurate, compliant and completed on time, with minimal risk of penalties or regulatory noncompliance.

Ease of Scaling Up the Business: Outsourced accounting services can ensure the business is able to scale-up back-office services with ease as the business grows and without any lag.

Access to Real-Time Information: A dedicated team of experts ensures that the company has real-time access to financial reports, allowing the leaders to make agile business decisions based on actionable and reliable data.

A Proactive Approach: An outsourced accounting team stays proactive and is able to identify and highlight potential threats and challenges as well. This, in turn, ensures financial reporting is more accurate and intelligent.

Why Partner with QBSS for Outsourced Accounting Services?

Quatrro’s finance and accounting services enables customers to have better financial control through streamlined processes sharper insights for healthy cash flow, the right people and technology to drive long-term growth.

Quatrro’s dedicated team of professionals brings decades of industry expertise and best practices in three primary domains: finance and accounting; business improvement and human resource services.

Now you have a way to get more to go on. Reach out to us.

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