Presentation2 vers3
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Outsourced accounting allows companies to remove paper-based processes and manual labor from their accounting functions by transmitting financial documents and data to a secure cloud server. An outsourced accounting firm then performs all accounting tasks such as paying bills, processing payroll, invoicing customers and reconciling bank statements completely electronically through integration with the client's accounting software. This cloud-based approach provides access to financial reports 24/7 in a paperless and secure environment without the need for in-house accounting staff.
Presentation2 vers3
- 1. Outsourced Accounting Removing paper and people from the accounting process
- 2. In the dark ages………………………..
- 3. Accounting was primarily a manual process
- 5. Computers reduced labor, but made fraud easier
- 6. Still, a lot of manual effort
- 7. Enter the Cloud ! Client transmits all documents (accounts payable, sales, cash receipts, payroll data, etc. to a secured server (RightNetworks.com) via the web and we perform all accounting functions. Vendor invoices are routed to assigned approvers in the company for approval electronically via Bill.com. We pay the bills, pay the payroll, invoice your customers, make deposits, and handle all of the processing completely paperless with automatic synchronization with Quickbooks (or other software of your choice), reconcile your bank statements and produce financial statements customized to your needs, which are accessible by you 24/7 via the web (anywhere you choose….office……home…..on the road) in a completely secure environment