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Business Process Outsourcing

BPO - What is Business Process Outsourcing?

Implementing & maintaining an accounting system in-house can be a big investment & a drain on your business’ time & resources.  Why not outsource your accounting functions to a company that has years of implementation and accounting expertise?  The eIS’s Virtual Financial Team removes the burden of building and maintaining an in-house accounting department.  We can perform all AR, AP, GL functions (invoicing, cash receipts, bill payment, bank reconciliation, and collections).  Project costing and Time and billing are also available. 

During this process you maintain strict control over all financial decision and have the ability to view information and run reports.  All images of important documents are attached to their appropriate transactions in your system for you to retrieve at any time.

If and when you decide to bring the accounting functions in-house, we can assist you in a smooth transition.

·     How you benefit

  • Reduce up to 30%-50% off of your in-house bookkeeping/accounting costs

  • Free up your staff to concentrate on more strategic approaches to revenue generating activities

  • Experience a level of accounting expertise not normally found in a small business

  • Gain control (and peace of mind) over your bookkeeping and compliance issues with an organized accounting system created and maintained for you

  • Easy access to your company books on-line at all times

  • Maintain control over any and all treasury functions such as investing, signing checks, authorizing bill payments online and executing wire transfers.

  • No additional employee benefit expense (health, vacation, sick days, etc.)

  • No more management distractions to supervise or recruit staff

  • No additional cash outlay for equipment, software, technical support, licensing fees and office space to house your files.  You pay one monthly fee that covers it all.

Plus

  • We provide you with timely, accurate financial information in a cost effective, professional manner.

  • We assist you when you need us most – when there is turnover in your accounting department, when resources are not available internally, or when your accounting function is difficult to manage or out of control

  • Services we offer include

  • Financial statement preparation and analysis

  • Accounting process documentation/reengineering

  • Budgeting

  • Month-end account reconciliations

  • Payroll and transaction processing

  • Do your processes lack consistency and predictability?  Are you dependent on a few key employees to make things happen?  Are you trying to cut costs, but your closing cycle doesn’t allow enough time to focus on new processes and procedures? 

  • We help companies of all sizes and in all stages of development maintain their books and records, meet their financial reporting requirements and perform other essential tasks. 

All this from a company you have come to trust.

 

 


 

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