Outsourced Accounting Services

outsourced Accounting

What is Outsourced Accounting?

Handling all your bookkeeping and payroll needs in-house requires staff who are experienced in these functions, as well as continual updating of your accounting software. These are time-consuming tasks and can be easily outsourced to an experienced provider. You can outsource as much or as little of the work and ensure that you have adequate internal controls to avoid any risk in having the same people perform multiple duties.

Why Choose Outsourced Accounting?

Cost Savings

There is potential for significant cost savings by outsourcing your accounting. The savings include reduced overhead costs for recruiting, employee benefits, training, hardware, accounting software, supplies, and office space.

Reduce Business Risk

Outsourcing ensures you have adequate internal controls by providing a system of checks and balances to help reduce fraud opportunities and verify the accuracy of your financials.

Scalability and Support

Outsourcing allows you to grow your business without the additional time and expense of adding resources. Your outsourced team grows along with you and makes it a priority to keep up to date on accounting standards.

Software Upgrades

Upgrading software will no longer be a concern as your provider will have the latest updates and offer the best solutions for your business size and industry.

Customized Reporting

Reports can be established to give you and your management team the weekly, monthly, and yearly reports you need. The experience of an outsource provider will offer report options you may not already have in place.

How Do You Choose an Outsource Provider?

Start by researching companies that provide these services. There are many individual options for payroll, taxes, etc., so be sure you investigate companies that can provide all the services you need rather than a piecemeal approach. Be sure to ask questions like:

  • What are the baseline costs?
  • What are other consulting options available?
  • What processes does the outsource company use?
  • What software does the outsource provider support?
  • How will the outsource provider integrate with your current business technology?
  • How long will the move to outsourcing take?

Once you have pricing, review your options and ask for work samples and references before choosing a provider. The outsource company should lead the efforts once you sign the contract and the transition process should be seamless.

What are the SVA Outsourcing Options Available?

SVA will create a tailored solution to meet your needs. We will meet with you to discuss your business requirements and together we will customize a package of the right services to fit your needs.

Our Services Include:

  • Weekly accounts payable entry
  • Weekly bill payment
  • Customer invoicing
  • Monthly billing
  • Monthly/quarterly/annual financial reports
  • After-the-fact or live payroll reporting
  • Annual 1099 preparation
  • Annual W2 preparation

SVA’s team has years of experience providing bookkeeping and back-office support. The onboarding process is customized to your needs, and our bench-strength provides for a fluid transition of service deliverability. Let SVA help you run your back office, so you can focus on growing your business.

Resources

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Understanding When and Why You Should Outsource Your Accounting

Take the first step in understanding if your business is ready to outsource its accounting by downloading this eGuide.

Professionals

Awards and Affiliations

Forbes Names SVA as 2021 America's Best Accounting Firms
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Locations

Madison, WI
1221 John Q Hammons Dr, Suite 100
Madison, WI 53717
(608) 831-8181

Milwaukee, WI
18650 W. Corporate Drive, Suite 200
Brookfield, WI 53045
(262) 641-6888

Colorado Springs, CO
PO BOX 62786
Colorado Springs, CO 80962
(719) 413-5551

Contact

(888) 574-4782
info@SVAaccountants.com
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