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Finance and accounting outsourcing services
Integrated, flexible and affordable finance and accounting services
Chances are, you spend more time, money and energy on your organization's back-office operations than you'd like.
With RSM finance and accounting outsourcing (FAO) services, you have access to an enhanced suite of services that leverage leading technical accounting, tax and technology practices. From data-entry and bookkeeping to controller-level oversight and review, the services you receive are tailored to meet your organization's unique needs.
That gives you time to focus on growing your business and remaining competitive.
RSM FAO services include:
Transaction processing: Technology-enabled processes that simplify your back-office operations, including:
- Purchasing – Process, approve and pay vendor bills electronically, while eliminating paper
- Sales – Bill your clients for services and receive payments quickly; integrated point-of-sale systems ensure transactions are automatically posted every day
- Employee expense reports – Digitally capture business-related expenses, submit expense reports electronically and eliminate redundant data entry
Financial reporting: Gain valuable insight for your business through real-time, powerful reporting.
- Track KPI information through custom dashboards that paint a clear picture of your operations
- Quickly understand what's happening with your business with flexible financial and operational reporting
Month-end close: Close your organization's financial periods on a timely basis using a process that ensures balance sheet accounts are reconciled, required month-end entries are posted and all other back-office tasks are completed accurately. Our period-end financial reporting package is designed to deliver the information you need to ensure peak performance.
Financial planning and analysis: From budgeting and forecasting to critical oversight over internal controls, your experienced RSM FAO team is dedicated to your organization's success.
From start to finish, we use a collaborative approach, because surprises regarding financial information and reporting are unacceptable. With RSM as trusted advisor to you and your staff, you'll know what to expect at all times.
You work with responsive RSM professionals who have the broad experience and industry knowledge your organization needs. Your FAO team is comprised of accounting and technology specialists who are current on industry best practices and can spot potential issues and address them before they become problems.
Our FAO technology is scalable, accessible through the cloud and provides real-time, automated reporting. Platforms are regularly enhanced without affecting functionality, and as improved technology becomes available, our team monitors development and enhances platform offerings as appropriate. Typically, clients find they enjoy lower IT costs and enhanced system reliability as a result of using our FAO services.
Proven methodology for a smooth transition of business processes
Using a phased approach and ongoing two-way communication, the transition to our FAO services also includes a dedicated team and project manager, a detailed implementation plan, and post-transition assistance, including end-user training, custom user documentation and go-live support.