May 17, 2022 | 7-minute (1290 words)
Managing your company’s finances as a self-made entrepreneur can be h...
Escalon’s outsourced finance and accounting services can take care of it all, from A/R and A/P to tracking cash flow and runway, plus you’ll get the insights your business needs to grow.
With our expert CFO services, your business gets high-level financial strategy at a fraction of the cost of hiring in-house.Learn more
We stay on top of all of your business’s expenses, like invoices, rent and credit cards, so you don’t have to.Learn more
We optimize the entire accounts receivable entries and invoicing process to speed up your access to revenue.Learn more
We handle all business accounting functions, which you can access in real time, ensuring up-to-date balance sheets and clean books while preventing fraud.Learn more
We aggregate all of your provider platforms, from finances to benefits, into a single dashboard to make it easier to find the information you need.Learn more
We oversee your business’s compliance with federal regulations and statutory requirements pertaining to accounting and taxes.Learn more
We sync your financial services institutions’ software with our technology platform so our team can walk you through a unified view of your business finances, anytime.Learn more
FinOps is Escalon’s finance and accounting system for businesses, managed by trained professionals without the cost of a comparable in-house team. FinOps comprises bookkeeping services, accounting services, financial planning and CFO services.
Outsourced financial services refers to hiring an external expert like Escalon to manage your business’s internal finance functions. These could range from basic bookkeeping services to accounting outsourcing services all the way to CFO services.
With outsourced CFO services, also called fractional CFO services, companies hire a strategic financial services expert on a part-time or project basis. Their key skills include financial planning & analysis, and setting & executing strategic vision.
The No. 1 benefit of accounting outsourcing is that business owners get the peace of mind to focus on tasks that grow revenue. It also provides budget-friendly access to skilled experts and the latest accounting software, plus enhanced security.