Updated: Jun 11, 2021
If you’ve been considering outsourcing your company’s accounting needs, you may be wondering how to find the perfect match in an external accountant and the accounting services they offer.
After all, hiring an outside firm is a significant investment of both your time and money. How can you ensure that you partner with a professional who understands your industry and provides you with the right tools and knowledge to take your business to the next level?
Not all outsourced accounting companies are the same. There is a difference between basic bookkeeping and Controller/CFO-level management—and that’s precisely what we offer clients to ensure their long-term success.
Read on to discover seven ways our unique approach and services help small businesses win.
1. Not Your Average Bookkeeper
In addition to comprehensive bookkeeping services, Check & Balance offers a higher level of accounting services. Small business owners are often too busy to be closely monitoring and tracking their daily and weekly operations. This leaves significant room for error or even misconduct, which could go unnoticed without trained eyes checking the numbers consistently.
We have daily insights into each client’s financials and provide them with a monthly financial statement and budget review. Our high-level accounting services include:
Controller & CFO Accounting
Job Costing & Work-in-Process Accounting:
Business Financial Health Consulting
Human Resources Compliance Review
...and much more.
2. Data & Knowledge to Advance
Check & Balance empowers business owners with the data and insights they need to make educated decisions. We help them move their business onward and upward by giving them an understanding of their cash flow. We identify:hich revenue streams are most profitable.
Ways to reduce costs and improve their bottom line.
How to maximize opportunities while effectively managing risks.
Our clients enjoy all the benefits of having complete insight into their business’s performance without crunching the numbers themselves. They are equipped to grow their business rather than staying stuck because they don’t have enough data to make a needle-moving decision.
3. Freedom & Time
Of course, another perk to working with us is that we can take on all of the accounting and finance responsibilities between our comprehensive accounting services. The client can get back to working on their passion and growing their business.
Plus, this means that when we give a client good news about an opportunity for growth, they have the bandwidth to focus on that project or expansion—knowing that their books and financials are in competent hands.
4. Customized Approach
Before we even begin charging a new client for our time, we provide a complimentary consultation to assess their current systems and performance. We use this to identify a company’s challenges and discover where and how we can best help them.
We’ll then create a customized strategy based on an analysis of their financial health, focusing on areas where their business can reduce expenses and boost profits. The recommended strategy and services will always center around what is best for the client’s budget and business.
Finally, we dive into the agreed-upon strategy by either managing the client’s accounting completely or working with and guiding their internal team. This may include reworking their existing systems or establishing new ones. No matter the need, Check & Balance will tweak the package and strategy for each client.
5. Software Options & Training
A company’s accounting system depends on factors like business size, offerings, and industry. Fortunately, our team has expertise in several programs, including but not limited to:
QuickBooks Online (We’re ProAdvisor Program Gold Certified!)
Sage 300 Construction & Real Estate
Not to mention, we will both implement and train our clients and their teams on the software. We want to empower them to be efficient and cost-effective in their accounting and finance practices. That way, they won’t have to call us for every little question or simple report because they’ll know how to pull the information!
6. Job Costing & Work-in-Process Accounting Experts
Another unique quality of Check & Balance is our experience working with contractors and construction companies. We understand the industry’s nuances, processes, and requirements to help clients in the construction and service industries remain profitable and compliant.
Our accounting services include job costing and work-in-process accounting, development, and reporting. These systems and reports ensure our construction and service-based clients track their projects’ progress and record expenses and revenue properly.
7. Trust & Honesty
Perhaps most important in a business’s success and growth is honesty. The only way you will take your company to the next level is if you know where it is thriving or where it is struggling.
We always give clients an honest assessment of their financial situation. While this may be difficult to hear and require some hard work up front, it also means they have the information they need to move forward and make improvements—or even take their business to places they had never imagined possible.
Our clients also trust us to have their best interests in mind to ensure they’re profitable and compliant. You simply don’t know what you don’t know, and that’s where we come in. There are many rules and regulations in the accounting world. Employment and tax laws change. It can be a lot to keep up with as a business owner, which is why it’s crucial to find an accounting partner who is constantly learning and keeping up with the latest systems, rules, and regulations.
Are you ready to invest in top-tier accounting services? Find out how Check & Balance Business Solutions can take the weight off your shoulders and give you the time, knowledge, and resources you need to bring your business to the next level. We’ll be happy to discuss your unique needs and develop a strategy that makes you comfortable and helps your company grow. Contact us for a free consultation today!