We understand that money is a key factor in major spending decisions but there is a deeper value to consider in outsourcing your back-office tasks.
First, the time commitment required to process your own payroll, handle accounts payables and receivables, and prepare documents for tax returns could be better spent working with customers and on marketing and sales efforts to grow the business and increase profitability.
Next, the value of having an accounting expert analyzing key performance indicators (KPIs) throughout the year to identify improvement areas and offer strategic guidance to proactively correct issues. Year-round advisory services and consistent monitoring and insight into KPIs help fuel business success.
Our clients are offered a value-priced monthly fee to easily budget services for the year and eliminate “surprise” fees for hourly services.
Many business owners believe that outsourcing their accounting means that they have no control or oversight of the process. They believe they will be left in the dark and/or lose the ability to get immediate answers if accounting is not handled in-house....but this is not true with us!
We supports a collaborative process. Work is handled within an advanced cloud-based platform, clients maintain 24/7 access to their data and
are an equal partner in the process.
Bottom line: control and oversight of processes is not lost ... it is shared with Ledger Factory as your trusted adviser.
Many believe that maintaining the accounting function in-house is the safest mode of operation. When accounting is maintained on in-house servers and/or other devices, data can be lost forever when you consider natural disaster, theft (digital and physical location), and holes in security policy and protocol.
We are a 100% cloud advocate. With the cloud, your data is being stored on a physical server of our leading cloud technology providers. When you access a file or program in the cloud, you are accessing this file or program through the internet. All of what you consume today on the internet is essentially the cloud.
Cloud accounting security can be as robust as those firms in a non-cloud environment. By using leading cloud technologies, we assure our clients that their data will be protected by the highest level of security.
Change can be scary and cause resistance from the start. It can ignite fear and anxiety in an already-overwhelmed business owner....and this is why we have developed a proven and structured on-boarding process that helps mitigate operational interruption and ensures peace of mind during each phase of the process.
We have expertise in transitioning clients data to our outsourced accounting
platform.
For business owners reluctant to go all-in, we offer basic accounts payable services to start. A/P has proven to be a steppingstone into full outsourced accounting services.
Many businesses believe that their current way of operating, using basic accounting software and skills, can support their needs. Though for small businesses with larger growth goals, or those that are growing at a steady pace, an accountant’s advice is highly beneficial.
With Ledger Factory, our clients are able to understand the financial health of the business. We are consistently analyzing and explaining the numbers to help them make sound, profitable business decisions. A collaborative, cloud-based, process keeps them connected to us and their data throughout the year.
