Excellence since 1994
Benefits of Outsourcing
Our comprehensive accounting services produce
tangible benefits for our clients:
- Allowing companies to focus on core competencies: By having an outside provider assume support service activities an organization can accelerate its growth and success through expanded investment in areas offering the greatest competitive advantage.
- Improving decision making capabilities: RFS has honed its skill at instituting accounting systems that provide timely, accurate, and relevant information. Executives can use that knowledge to bring financial clarity to the decision making process.
- Increasing internal controls through the segregation of duties: Accounting outsourcing ensures transparency, and the assurance that the accountant doing your payables is not the same as the one doing your bank reconciliations. In addition, the entire process is supervised by a controller. This could be difficult for a small company to achieve on its own, but easily accomplished by leveraging outside resources.
- Increasing company’s profitability and maximize cash flow: By outsourcing, the company reduces the need to invest capital funds in non-core functions, making capital funds more available for core functions. It can also improve certain financial ratios by eliminating the need to show return on equity from capital investments in non-core areas. In addition, access to the outside provider's lower cost structure, may result in greater economy of scale
- Improving company’s image with customers and vendors:Even the smallest of entities appears substantial when customers receive professional looking invoice in a timely manner and vendors are directed to the accounting department with their questions. In addition, funding agents – such as banks or investors – appreciate seeing that financial information is reliable and readily available.
- Increasing in financial and personnel confidentiality:The integrity of salary information, financial statements, and other confidential information is strengthened because it is processed at another location. Accidental exposure to employees is less likely. Data is backed up daily and safely stored.
- Avoiding trouble with local, state, and federal taxing authorities: RFS maintains strict control over the tax year calendar. By remaining proactive with regard to filing deadlines, we are able to use our knowledge of the company, its tax plan, and the accounting database, to ensure taxes and reports are filed in a compliant manner.
- Improving company’s credit rating and reduce the cost of borrowing: Financial clarity reassures those supplying funds that their money is being handled responsibly. Knowing that RFS is doing the accounting and offering guidance has given our clients better terms than they would have received on their own.
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Do you want to grow your business?
Do you want to increase revenues and reduce costs?
Do you want to enhance your use of capital?
We may have a solution that is right for you; one that has worked for countless companies, is time-tested, and is proven to achieve results.
The solution is accounting outsourcing!
Accounting Outsourcing Article
The Premier U.S. Based Accounting and Financial Outsourcing Firm™
Copyright © 2009 Rose Financial Services
