Value Proposition
Our financial management outsourcing solution can, in most cases, provide a complete finance and accounting function for less than the annual cost of one controller-level employee, especially when employer payroll taxes, benefits, bonuses, IT equiptment, office space, and management supervision time are factored in. In addition, the upfront costs of recruiting and management time for interviewing and training are avoided, as is the potential cost of bad hiring decisions or other turnover. An emerging growth company, despite its smaller size, needs to fulfill the same functional roles as a larger organization - clerical transaction processing, general ledger accountant, controller, CFO. But emerging growth companies do not need, nor can they generally afford, to hire full-time employees for each of these roles. Hiring part-timers is not a viable option. Often, the solution is to hire one "controller," but that person is expected to be a "jack-of-all-trades," handling clerical transaction processing as well as general ledger management, financial analysis and reporting. Such a job description - not to mention budget constraints - usually means settling for a controller with less-than-ideal talent and experience. Moreover, the controller in an emerging growth company is typically unable to provide CFO-level financial management and strategic guidance, and even his or her accounting and controllership skills may be quickly outpaced by a fast-growing company. In contrast, outsourcing provides - for less than the cost of one full-time equivalent professional - all aspects of the finance and accounting function, with appropriate level of subject matter and expertise applied to each functional area. Vacations and other absences become a non-issue. In addition, the fixed price arrangement provides peace of mind from knowing that you have unlimited phone and email access to us, and that accounting and financial issues - including those that cannot yet be foreseen - will be taken care of.
