Article | Client accounting services
How outsourced accounting can fuel your business's growth
March 6, 2024
In today's business environment, many small to midsize business leaders are looking for more from their accounting function. Traditional accounting can be a labor-intensive, backward-looking process that, while essential to track your company's finances and maintain basic bookkeeping, is not a core function of most businesses. It provides a basic amount of financial information but has limited use as a tool to give companies a competitive advantage.
Instead, business leaders need data that can help support critical business decisions and fuel growth. That's where a client accounting services provider can help.
What are client accounting services?
Simply put, client accounting services (CAS) is synonymous with outsourced accounting. It's leveraging an experienced external team to handle your business's financial needs, from basic tasks to more complex business decisions.
Whether you want to outsource your entire back-office accounting department or need help with basic accounting needs, our CAS team can work with you to create a customized solution for your business. By leveraging industry-leading cloud technology platforms, we can simplify your financial reporting processes – through real-time reporting, easy-to-use dashboards and automated processes – and improve your day-to-day efficiencies.
What accounting needs can CAS help address?
Baker Tilly’s outsourced CAS team can handle all your back-office accounting functions, including all transactional services, accounts payable and receivable, or bank transactions. Furthermore, our CAS team can transform the way your business accesses and uses financial data to make proactive and strategic decisions. We achieve this by automating standard accounting tasks, providing real-time information on key performance indicators (KPIs), offering targeted insight on specific industry trends and granting access to top-level accounting talent to support your business.