Why Now is a Better Time Than Ever to Consider Outsourced Accounting!

Why Now is a Better Time Than Ever to Consider Outsourced Accounting!

This is a transcription of video by Jim French, CFO of IFI Professionals.

Hi, I'm Jim French, the founder of IFI. In this blog I will share a little bit about us, what drives us, and how, in these challenging times, we can help you not only survive, but take advantage of business insights that will help you know what's working, what's not, and how it's affecting your financial position.

We're a team of US based accountants that realize that traditional accounting wasn't providing the insights that business owners and their executive teams needed to truly run a business. We wanted to learn how to change that. So we started a company that was focused on capturing data in a unique way that could truly tell the story of a business, without the spreadsheets and delays in a traditional accounting department. So we assembled a team, and spent the next six years learning how to accomplish that. After 150 plus implementations for clients, across many verticals, we have finally accomplished that mission and perfected our design.

As the CFO of a service based company, when I look at where we are today, it makes more sense than ever to look at outsource accounting, because businesses need a remote workforce that they don't have to manage, freeing up time to plan, execute, and analyze the business. They need an accounting group, that enables them to have information in real time so that they can execute, because, as we've seen, a month can change everything. They need a team, which is focused on more than just the balance sheet and income statement, also focused on presenting true business insights that will help guide that business through this crisis and beyond.

As a modern information and technology driven information and technology-based outsource accounting group, we have learned and designed our offerings around these capabilities. As we use technology to assist us, we can deliver on these services cheaper than an in-house accounting or a traditional outsource accounting team, while insulating your business from staff turnover and the inefficiencies of a remote workforce. IFI's outsource accounting group can help you accomplish your mission through our fractional specialized team, who has learned the knowledge to deliver on powerful business insights, a continual close process in your accounting department, a paperless environment, eliminating manual processes, and a rapid transformation so you're seeing improvements quickly.

We can accomplish this because we make sure we understand your business and business flow. We leverage standard designs, processes and procedures. We implement controls that ensure the accuracy of the data. We leverage a journey approach, that delivers continual improvements, and we have an intimate understanding of the technology. As we leverage technology to assist us, we can deliver on these services at a lower cost than your in-house accounting team or traditional outsource company, while insulating your business from staff turnover and the inefficiencies of a remote workforce.

If you'd like to learn more about us, we'd love to have a 45 minute discussion with you to learn more about your business. If you're interested after that discussion, we will provide you a roadmap customized for your business, showing you how to achieve real-time insights, delivered by our outsourced accounting team. Thank you for learning a little bit about us, and please check out our blogs, or download one of our guides.