Your business is your area of expertise. Our business is accounting expertise. Any amount of time you spend attempting to manage your financials is taking away from your customers, employees, and business growth. For many business owners, trying to manage their bookkeeping in-house is robbing them of the most precious asset they have – their time!

Like any good investment, an outsourced bookkeeping service like Systematiq Accounting will have multiple streams of return.

• Staffing: by contracting your bookkeeping services to an outside firm, you are reducing the employee related expenses of payroll taxes, medical insurance, vacation time, sick days, or additional office space.
• Technology & Software: To properly run your books, you will need various software to organize, report, and analyze the numerous aspects of your income and expenses. By outsourcing your bookkeeping services, you are also saving on compounding expenses of software subscription fees, system updates, and computers to run these services.
• Training & Certification: By choosing not to outsource, you must also invest the time and money to ensure your in-house employee is adequately trained and up-to-date on changing tax codes, payroll, and best practices.

Yes, when you work with Systematiq Accounting you are not merely receiving standard bookkeeping services like AR and AP reconciliation, you are also getting expert financial analysis with ongoing feedback as we uncover overlooked ways to cut costs. Additionally, because we function as an independent 3rd party, we serve as an additional layer of financial integrity. We provide a separation of duties that guards against your employees being put in potentially compromising situations that could jeopardize the integrity of your financial reputation.

The simple answer is that accrual-based accounting takes more effort, and cash-based is easier. And, as with most things in life, the easy route isn’t always the best route. Essentially, cash-based accounting downloads your income and expenses and gives you a bottom line report. This approach paints an incomplete and often misleading picture of your financial standing.

Instead, accrual-based accounting gathers up the outlying details of outstanding invoices, payment terms, or future tax payments, giving you a more accurate picture of your books. Our conviction at Systematiq is that accrual-based accounting is a necessary effort because it is the better approach providing you with the best information.

Honestly, if we could show you the wasted time and costly financial mistakes that could have been avoided by companies outsourcing sooner, it would astound you. Typically, when business growth outpaces established policies and accounting expectations, companies end up having to unravel all sorts of costly mistakes and bad practices.

The best time to develop a framework for financial health is now, not then. By setting up good financial habits and systems before seasons of growth come, you will avoid the nauseating regret of watching your money mistakenly wasted by botched systems and bad habits.

No, we will use your existing accounting data to learn about your ongoing payables, receivables, and expense categories. By evaluating this data and organizing it properly, we will then be able to provide you with suggestions and best practices to better refine our accounting services.

Because we continuously seek to emphasize the person-to-person importance of accounting, you will never be pigeonholed into a one-size-fits-all application. As your business grows and changes, it will be natural to adjust the services we offer to you, providing you with a monthly accounting package that reflects the dynamics of your business.

Typically, our clients are forward-thinking small businesses encompassing both start-ups and multi-generational companies. Regardless of industry, if your company has 1–250 employees and wants to improve the handling of your accounting services, we can help.

If you are still unsure if Systematiq Accounting is right for you, we would be glad to talk in more detail over the phone.

The good news is you are now aware of the problem. The anxiety over this sort of disorder can seem overwhelming, but with proper oversight and ongoing evaluation, it doesn’t have to remain this way!

As a part of our on-boarding and upfront evaluation, we will identify all the areas of focus and provide you with a plan to set everything right again.