FINANCIAL OPERATIONS OUTSOURCING:
In today’s ever increasing competitive landscape, businesses from cutting edge start-ups to Fortune 500 companies ones are looking for to ways to unlock value, enhance performance, cut costs and increase profitability. Cornerstone Strategic Partners’ financial operations outsourcing practice can show companies how adopting a more cost-efficient, flexible and scalable accounting infrastructure model can improve operational efficiencies, jump-start new growth, increase profitability and allow them to respond more quickly to business and competitive challenges.
For todays’ progressive and high performance companies, outsourcing non-core business activities such accounting, finance and treasury operations can help reduce administrative costs and non-core capital expenditure levels, while having an accounting function that is more scalable, agile, reliable and responsive to their business needs.
Cornerstone Strategic Partners highly customizable accounting, finance, treasury and tax outsourcing bundles can help our clients achieve improved efficiency and profitability levels; rationalize their accounting, finance and treasury staff; reduce headcount and benefits obligations; make corporate budgeting more predictable and beneficial; and lower information technology costs.
Our financial accounting outsourcing services include:
- General ledger management
- Customer invoicing and accounts receivable processing
- Accounts payable processing
- Cash forecasting
- Treasury and banking processing
- Investment management
- Revolving line of credit management
- Borrowing base management
- Federal, state, R&D tax credit and sales tax calculations
- Managing monthly close
- Account reconciliations
- Monthly financial statement preparation
- Monthly, quarterly and annual reporting
- Corporate and capital budgeting
- Expense report management
- Financial planning and analysis
- Financial dashboards
- On-call advisory services
Whether a turnkey outsourced accounting department or “on demand” accounting processing and assistance is needed, companies can leverage Cornerstone Strategic Partners outsourcing solutions expertise to help increase the efficiency of their back office accounting, finance and treasury operations, while giving them the freedom to focus on more value creating business activities.