Outsourced Accounting in Atlanta
We Serve Clients Nationwide – Financials, Payroll and Business Taxes
Increase efficiency. Save on infrastructure and technology. Lower costs.
We partner with businesses nationwide who are ready to hire full-time accounting staff but prefer to outsource their financial responsibilities in return for maintaining a lean corporate overhead.
Each customer enters a vigorous and transforming program that increases business financial growth more than 150%, an all-in-one solution of immediate accounting workload relief, customized financial reporting, optimized accounting compliance, improved profit margins, and positive cash flow generation.
Outsourced accounting is accounting that is handled by an outside firm. Outsourced accounting provides a fully functioning accounting department for small to medium-size businesses. An accounting department is responsible for everyday transaction coding, accounts payable, accounts receivable, payroll, management financial reporting, and other essential services. With outsourced accounting, you never have to stress about hiring accountants or paying out salaries and benefits. Outsourced accounting comes with other key benefits that we’ll discuss below.
There comes a point when you realize that you need increasingly complex knowledge to handle your business financials. You find yourself needing more specialized staff to ensure compliance with complex regulations. However, just because you own a small business doesn’t mean that you’re trained in accounting.
By outsourcing to a professional accounting firm, you gain an expert team. Professional accountants have a thorough understanding of rules and regulations. They keep up-to-date on all applicable regulations so that you don’t have to. Hiring experienced accountants saves you time and prevents possible legal trouble.
From an affordability standpoint, outsourced accounting is affordable compared to hiring an in-house accountant. Accountants are in very high demand, so to hire a quality accountant, you must attract them with good benefits. The average yearly salary for a bookkeeper costs $50,000 – $60,000. Hiring more advanced accounting managers costs around $75,000. Neither of these figures include benefit packages or tax liabilities. When you outsource accounting, you only pay for the accounting service, not salaries or benefits. You save both productivity costs as well as payroll costs.
If you decide to hire freelancers for your business, understand that they are sometimes unreliable. Many overload themselves with clients and lack the time to give you specialized attention. They may miss deadlines or simply decide to stop freelancing. Where would that leave you?
When you hire a professional accounting company, you know that all your accounting duties will be completed on time. Because we staff our own company, you don’t have to worry about absenteeism disrupting your operations. We always find a substitute if your own accountant is unavailable.
Even if you can afford an in-house accountant, your cash flow may be needed elsewhere, such as operations, acquisitions, or other business areas. Time is another precious resource. Business owners who attempt to do their own bookkeeping expend valuable time that could be redirected towards growing the business. Outsourcing their accounting services frees business owners up to handle everyday business operations.
Small businesses typically don’t need comprehensive accounting services until they start rapidly growing. Outsourced accounting companies can quickly meet your burgeoning needs without you having to hire or train additional staff.
IQ Outsourced Accounting serves small to mid-size businesses that need an accounting firm but don’t want to pay for one. We work with customers who need ten to eighty hours’ worth of accounting done each month. We advise businesses that have over eighty hours of work per month to hire an accounting department.
Although we offer premium solutions, you pay only a fraction of the cost that it would take to hire an in-house accountant. We also do not enforce hard contracts, so you are in control of how long you wish to partner with us. We make accounting simple for busy business owners. Get help today by calling (770) 255-0935.