Outsourcing Accounting Services
Your finance and accounting function should do more than just process transactions and create financial reporting. It should deliver insights and drive the actions that will impact your organization’s operations and profitability.
OBS provides accurate and on-time accounting services to its valuable clients worldwide. As one of the best professional accounting service providers, we understand our role and responsibilities.
Our proficient team of accountants ensures that you will get quality services with full precision. OBS can help you deliver exceptional results and minimize costs while letting you focus on strengthening your core business areas. By choosing us as your accounting partner, you avail paper free accounting solutions professionally delivered with maximum security and privacy in the shortest turnaround time. Whether you’re looking to outsource your whole finance and accounting function, expand your existing team, or change your current approach, we can help. Our team will understand your essential goals and will personally help you execute the shared vision that we create together.
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$10/Hour
Top Notch Outsourcing Accounting Services at Affordable Rates
Accounting Services We Offer
We offer a wide range of services to make sure that you have tax-ready financial statements when you require them the most. By selecting us as your accounting partner, you can have tailored solutions professionally delivered. Our experts understand customers’ precise needs and develop tailored solutions that suit your business objectives and needs.
Do you review your receivables frequently and follow up on a regular basis to ensure that your client pays you on time? Are your customers calling about late fines, short payments, or other issues?
Bank & Credit Card Reconciliation Services
We should take it a step further and reconcile our clients on a regular basis to keep a strategic distance from any payment concerns. We send an accounts statement to the client periodically to avoid any delay in payments.
Our Balance Sheets outsourced accounting services serve as the foundation for calculating investor returns and assessing a company’s financial structure.
Balance sheets should also be compared with those of other businesses in the same industry since different industries have unique approaches to financing.
- Invoice Management: We process all invoices that are sent to the clients. All questions regarding items, prices, or general information about the invoices are clarified by our team. Before payment is approved, we verify all data on each invoice to ensure the correct total, the item listed, date, vendor, invoice number, etc.
- Recording: Records of post-business transactions, invoices processed, payroll distribution along with other financial data is securely stored on our database. All transactions and correspondence history can quickly be retrieved at the client’s request.
- Reporting: Reports of all transactions are generated monthly, quarterly, and annually. Reports include all previous payments to each vendor along with the description and invoice number. Client invoices combined with the payroll and other expenditures allow us to provide the accurate reporting of all expenses generated by the company.
- Customer Reconciliation
- Accounts Receivable Management
- Billing and Invoicing
- Accounts Receivable
- Period-end Support
- Cash Processing
- Reporting and Analysis
- Credit Management
- Freeing up time which can be used to focus on other strategic business activities
- Saving costs related to human resources required to calculate payroll in-house
- Ensuring compliance with any new tax regulations
- Keeping payroll processes confidential, and secure
- Streamlining systems with direct deposit
- Payroll setup
- Assistance is available via chat, email, and phone
- Checking cash handling
- Creating PO receipts for supplier invoices after scanning paper invoices
- E-Invoice and receipt creation
- Extracting relevant data from line items and header
- Keeping track of transactions
- Matching invoices to their purchase orders
- Monitoring dashboard with multi-level permission settings
- Validation of invoice data such as values, code usage, etc.
- Financial Analysis Report
- Business Analysis Report
- Financial Reporting
- Payroll Summary
- Accounts Payable and Receivable Summary
- General Ledger Report
- Income Statement / Profit and Loss Statement
- Balance Sheets
- Bank Reconciliation Report
- Fixed Assets Process Reports
- Cash Flow Statements
- Services for Due Diligence
- Services for Treasury Management
- Financial Analysis and Research
- Services for Investment Analysis
- Financial accounts of a corporation
- Monthly, quarterly, and annual management reports are used to analyze financial statements
- Portfolio structure analysis
- Prospectus and Offer Documents Analysis
Our process commences by collecting all the necessary tax documents and ensuring the precision of the available information. Our team then runs those documents through our dedicated software that suggests all the exemptions and deductions relevant to your tax returns. The comprehensive and diligent process of tax filing at OBS includes:-
Collection of income-related documents from Accounting Firms through the FTP server.
- Scanning of documents as images before the accounting procedures.
- Meticulously processing income tax records.
- Preparation of tax returns for specific schemes.
- Updation of final documents in the requested format.
Do you want to track and manage the financial health of your business? Clean-up is one of the important operations that will help you make things better for your business. All you have to do is to choose Outsourcing Business Solutions to do a clean-up service for your business.
Get professional assistance from our team’s experienced accountants regarding the wealth management of your business. Our excellent financial services will help you make sound financial decisions and ensure that your financial goals are met.
Our team at OBS provides amazing Excel Accounting Services that are intended to assist contemporary firms in shifting their efforts on key responsibilities that help them produce the most productive returns. We also provide round-the-clock admin support to our clients worldwide.
Year-end accounting outsourcing services are becoming more popular with every passing year and for a good reason. We assist our clients with the preparation of the year-end report that is needed to send to shareholders, shown at general meetings, and submit to HMRC as part of the company’s tax return.
Assistance with treasury functions like monitoring of high-interest deposits and current accounts and operations.
General Accounting Services
We Support Multiple Accounting Softwares
Here is a list of accounting software that our experts at Outsourcing Business Solutions use:
Intuit QuickBooks, Netsuite, MYOB, Board, Sage, Quicken, bill.com, SAP, Xero, WAVE, MS Dynamics ETC.
Why choose OBS to Outsource Accounting Services?
We can serve as your guides, merging our talent, accounting expertise, industry specialization, and use of technology, to deliver the best results for you and your organization so that you can concentrate on running your business and delivering on your goals.
Flexibility to Accommodate Changing Needs
Most organizations contend with limited resources and growing demands. Your requirements will change over time, and it can be challenging to meet those changing requirements with your current resources. Our team at OBS can help fill your needs that might arise as your organization grows.
Team Approach
Whether you’re looking for a complete solution, adding to your current capacity, or just need some extra help now and then, our expert approach provides the flexibility, scalability, and backup you can’t get from your current resources.
Position for Growth
Fast-growing companies avail our help to create the infrastructure they need to expand. Therefore, we help make a roadmap that considers the current resources available and the future when these businesses start to outgrow their existing capabilities.
Leaders for your Technology Transformation
We help organizations implement technological conversion and the supporting procedures required to improve efficiency. This usually includes the realignment or training of your existing personnel or outsourcing many of those functions effectively.
Expand existing capacity
Organizations with good in-house personnel can still take advantage of our approach to boost productivity and capacity in their existing team.
Benefits of Outsourcing Accounting Services with OBS
Our professionals are well versed with essential outsourcing accounting solutions. OBS is a technically superior accounting company supplying you with apparent reporting of your outsourced work. So now don’t waste your time and choose Outsourcing Business Solutions to outsource your accounting services.
Outsourcing accounting services has a number of advantages.
- Improved Cash Flow
- Increased Core Competency
- Leads to Financial Savings
- More Experienced Guidance
- Reduced Frauds
- Time Saving
- Automation Technology
Client's Testimonials
Outsource Accounting Services to OBS
Our team of experts understand your business requirements, model, and goals before starting the project. We emphasize taking visionary action at every stage so that you get excellent results within short timelines.
Reach out to us today to see how we can help you thrive.
Outsourcing Accounting Services for US Businesses
OBS provides online outsourcing accounting services to USA Businesses. If you require accounting services in New York, Texas, California, San Francisco, Washington DC, Las Vegas, Chicago, Houston, Illinois, Florida, Ohio, Oregon, Nevada, San Jose, Dallas, New Mexico, Massachusetts, Boston, Portland, Pennsylvania, New Jersey, New Hampshire, Phoenix, Arizona, San Antonio, San Diego or other parts of the US or any other state in the US, you can outsource the service for your business with us.
FAQ's
Outsourced accounting is when a business or a company hires a third party to complete the accounting and finance function of the company.
Companies have seen that outsourcing their accounting function is a more efficient, and cost-effective solution that helps them boost business growth.
- Improved Cash Flow
- Increased Core Competency
- Leads to Financial Savings
- More Experienced Guidance
- Reduced Frauds
- Time Saving
- Automation Technology
Hiring OBS outsourced accounting service is often more cost effective than hiring in-house employees.
Companies choose to outsource accounting to improve their main business focus, to avoid the risk and costs of hiring more employees.
- We offer a fast and consistent customer experience in all channels – around the clock, every day of the week if required.
- Together, we define and implement the service, the channels and the opening hours that correspond to your specific company’s needs.
- Our talented staff delivers a personal, friendly and relevant customer service to your customers.
- We are at your service anywhere and anytime, via physical meetings, telephone, e-mail, websites, social media, DM and chat.
Just fill in our contact form, with the services that you require and details regarding your project and we will contact you shortly to take the outsourcing relationship to the next level.