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Finance and accounting outsourcing
Why outsource your finance department?
Finance and accounting outsourcing is a growing trend among companies, providing a cost-effective way for organizations to improve the finance and accounting function. The key benefits of outsourcing include fractional use of finance and accounting professionals, enhanced processes and technologies, and stronger compliance measures.
- Continuous process improvements
- Highly trained controllers, chief financial officers and experienced finance professionals who work with up-to-date software, and are able to offer training to your staff
- Experience adapting to industry-specific software
Outsourcing enables organizations to scale resources up and down as needed with no obligation to pay salaries or benefit costs. Additionally, it alleviates the burden of hiring, training and maintaining accounting staff.
Organizations can take advantage of advanced technology platforms to gain real-time visibility into their businesses.
How can we help you?
Manage your business better with finance and accounting outsourcing
If you're considering outsourcing your finance and accounting function, choosing the right strategic partner is critical. Watch our video to learn how we can help you eliminate problems associated with staffing and turnover and slow monthly closes.
RSM's finance and accounting outsourcing services
Our FAO services help clients leverage today’s technology to automate and integrate their transaction workflow—leaving them free to concentrate on growing their business rather than on managing back-office operations. These services are integrated, flexible and affordable, and leverage industry-leading technology. Clients also benefit from working with responsive FAO team members who are experienced accounting professionals.
Using a collaborative approach, our FAO delivers:
Integrated, seamless services
Clients have access to a suite of services that leverage leading technical accounting, tax and technology platforms that are tailored to meet each client’s unique needs. Services include:
- Transaction processing ― We help clients simplify their back-office operations in the areas of purchasing, sales and employee expense reports (e.g., procure to pay and order to cash)
- Financial reporting ― Custom dashboards track KPI information, and flexible financial and operational reports allowing a client to quickly understand what’s happening with their business in real time
- Month-end close ― Clients are able to close their financial reports on time and confirm balance sheets are reconciled, required month-end entries are posted and all other back-office tasks are completed accurately
- Financial planning and analysis ― RSM Canada professionals can assist with budgeting and forecasting, oversight of internal controls and more