The key is rethinking the back office solution and demanding more from your staff and your technology. For many businesses, your back office application (ERP) is the primary application required to accurately collect, bill, and report all financial transactions. We will help you optimize your small business back office efficiency to improve operations, streamline technology and leverage financial information to accelerate your company’s growth. Finance departments are known as the back office, and they have traditionally taken a back seat in terms of influencing business growth and strategy. The finance teams’ responsibilities are primarily administrative and typically include accounting, billing, and compliance. At many companies, they represent an “office of no,” the cautious money controllers, who don’t take the time to explore or need extra time to implement new innovations because of limited back office processes and systems.

Real estate marketing professionals frequently interact with sales agents to create attractive and relevant marketing materials. And IT professionals regularly interact with all divisions within the company to ensure proper functioning systems. Accounting | Tax | Audit | Advisors | Consultants | CPAs – McKonly & Asbury is a Certified Public Accounting Firm serving companies across Pennsylvania including Camp Hill, Lancaster, and Bloomsburg.

Use Back Office Accounting to support business growth.

This allows the user to transfer both the city ledger and revenue files at the same time. Revenue Transfer – All room, food and beverage, and package component revenues posted during night audit processing is transferred into the back office accounting system and into guest history files. Certinia applications, which include Finance, Billing, and Revenue Recognition, are built to run on the Salesforce Platform. Because they are designed around a master customer record, you get a complete picture of customer touchpoints for your entire company.

With a dependable team who can make sure that your financial records are accurate and current, you wouldn’t have to worry about the decisions you’re making based on your organization’s data. The right online accounting and bookkeeping services provider can help you create a smart back office and strong financial foundation to drive growth and success in your company. Any organization geared towards success needs a solid back-office accounting support team to run their operations as efficiently as possible. An accounting support team can benefit your organization in many ways, from handling financial records to enhancing cash flow management and lowering the risk of fraud. Without the need to worry about your finances, you can also concentrate on your core business operations and your goals whether it be expanding operations, upsizing, or the like.

See if Back Office Accounting is right for your business.

Our customers can access the accomplished work from anywhere at any time through connecting their system to the internet. Many business school students from non-target colleges and universities see Back Office work as a way to gain experience within a firm and potentially network up into the Front Office roles. Now, the term has since evolved to encompass most of an organization’s vital functions – most importantly, the organization’s finances. Traditionally, the term “back-office” was coined due to back-office functions not being in direct communication with customers such as logistics and production. To learn more about outsourcing your back-office accounting functions to G-Squared Partners, schedule a call today. In today’s ever more competitive business world, executives are always on the lookout for new ways to gain efficiencies.

A modern back office solution should accelerate, not hinder, your journey toward becoming a more customer-centric organization. Ideally, the applications that make up the back office software systems will unify and share data across the various departments https://www.bookstime.com/articles/back-office-accounting (accounting, sales, services, manufacturing, etc.) that generate the data. The back office solution ultimately facilitates information flow between all business functions so that its users gain meaningful insight to perform their jobs smarter and faster.

BOOKKEEPING SERVICES

Behind the attractive exterior and desirable offerings, however, at the heart of most successful businesses, you will find a well-functioning back office that provides the platform for organizational growth. In essence, your company’s back office is the lifeblood of everything your business does and will do. When customers, clients and entrepreneurs visualize any business, they usually imagine the operation’s storefront, logo, products, services or marketing campaigns.

• We value our customers and make them happy by meeting their expectations.
• For example, a financial services firm that requires high-level accounting could offer a $500-per-month housing subsidy to experienced CPAs to work from home.
• Our services are based on seamless interaction between your accounting and tax professionals and include everything from paying the bills and filing payroll tax returns to updating your IT systems.
• Hiring us you won’t miss performing any legal requirement and business regulation.
• In fact, according to a classic Genpact study, 7–12 percent of combined revenue in working capital is stuck somewhere in inefficient O2C processes at top global organizations.
• As a business owner focused on managing operations and creating shareholder value, you seldom have time to oversee your accounting department.
• From processing payments, to cash deposits and cash collection, we will handle all your accounts receivable needs.
• Daily Statistics Transfer – General Ledger and Statistic Ledger analysis information.

You will receive a year-end financial package that has all of the information you need to file your taxes. We can work directly with your CPA or accountant or connect you with one, to make sure that taxes are filed on a timely manner. With 20+ professional US based bookkeepers in-house, we always have the consistently to handle your next customer’s bookkeeping. When you let the accounting professionals at CFO Integrity do what they do best – you have time to do what you do best.

COVID-19: Now Real Estate & Restaurant Businesses Turn to Remote Accounts Payable Services for Improved Cash Flow

By choosing the right outsourcing partner, businesses can outsource their accounting function to a partner with proven experience in their industry. At G-Squared Partners, we have significant experience in a variety of industries, including technology, and understand the nuances of accounting for different types of businesses. Different types of businesses demand different approaches to accounting. The accounting processes that work for a well-established real estate firm are entirely distinct from those required by a fast-growing SaaS startup.

From vendor payment to application of invoices and payables management, we will handle all your accounts payable and disbursement needs. We have a wide expertise in handling the numbers of businesses across various industries and broad experience in using top-of-the-line software to better handle your finances. Contact us today and we’ll help you find the right solution for your needs. Smart Hotel Software features a seamless integration to many popular Back Office Accounting products. This seamless integration eliminates all messy and error prone re-keying. With this integration you will be able to instantly flow your accounting and revenue information into your Back Office Accounting software at the push of a button.

Outsourced Accounting Tasks

We have the ability to handle sales and use tax compliance in addition to state nexus issues. We work hard to ensure the year-end switch from back-office accounting to return preparation flows with ease. Our outsourced bookkeeping, accounting, and CFO professionals are equipped to handle all of a business’s accounting and finance needs, from closing the books every month to assisting with  M&A transactions.