Ken Johnson, SVP at IQ BackOffice, discusses mistakes he sees accounting departments make when outsourcing AP, and how doing it correctly leaves you with a leaner organization that can focus less on administrative work and more on growing the business.
Disappearing Walls – Restaurants Adapt Technology to Feed the Millennial Market
Restaurant owners need to carefully look at the third-party services and pick the one that best suits their restaurant and can deliver the most significant volume of daily orders. And they should consider innovative and collaborative accounting providers, such as IQ BackOffice, to partner with them.
Accounting Outsourcing – Top 5 Rookie Mistakes
Ken Johnson, IQ BackOffice, discusses mistakes he sees accounting departments make when outsourcing accounting functions to execute their strategic plan.
Full Service Accounting Outsourcing for the Restaurant Industry
IQ BackOffice offers full service accounting outsourcing to restaurant and hospitality companies. Savings up to 68% – improved quality and internal controls
IQ BackOffice Outsourced Full Service Accounting Solution
Imagine your accounting processes reengineered into a customized solution that offers 99.97% quality, 40-50% cost reduction, close on financials to 3 days.
What to Look for If You’re Considering Outsourcing Accounting
According to Debi Warren, CPA, CGMA, “adding bookkeeping and accounting resources can increase firm revenue and provide your clients with more options.” Accounting outsourcing, she writes, enables firms to offer a greater variety, and level, of expertise at a lower cost.
Leveraging the Power of CPAs and Accounting Outsourcing
According to Debi Warren, CPA, CGMA, “adding bookkeeping and accounting resources can increase firm revenue and provide your clients with more options.” Accounting outsourcing, she writes, enables firms to offer a greater variety, and level, of expertise at a lower cost.
Weighing the Pros and Cons of Outsourcing Accounting
Given how little time leaders of growing companies have, the thought of senior resources spending many working weeks each year just on their finances has many weighing the Pros and Cons of Outsourcing their accounting work.
Accounting Outsourcing Case Study – Global Software Corporation
IQ BackOffice significantly reduced the client’s current operational cost over 60% annually; some processes saved over 75%.
Accounts Payable Outsourcing Case Study – Fast Growing & Innovative Casual Dining Restaurant
IQ BackOffice significantly reduced the client’s current operational cost over 60% annually; some processes saved over 75%.
AP Outsourcing Case Study – Global Leader in Process Equipment
Using IQ’s proprietary Archimedes system, client was able to track invoices through the process reducing lost or misplaced invoices and late vendor payments
Accounting Services Outsourcing Case Study – Large Clothing Retailer
IQ BackOffice significantly reduced the client’s current operational cost over 60% annually; some processes saved over 75%.
IQ BACKOFFICE Accounting Outsourcing – Proprietary Archimedes Platform
Using a proprietary Accounting Outsourcing platform IQ BackOffice provides Fortune 500 back office solutions to clients at a fraction of their internal cost
IQ BackOffice – Guiding Principles to Continuous Improvement and Results
Well-designed financial processes, based on sound accounting principles and control mechanisms, built around workflow and imaging technology = Success.
The IQ BackOffice Approach to Accounting Outsourcing
How can an organization solve Accounting Transaction Processing problems while assuring the highest level of efficiency and cost savings? Outsourcing!
How AP Outsourcing can Solve Key Issues With Transaction Processing
Accounting transactions have six key issues that prevent them from being managed with proper internal controls and management controls.
Accounting Outsourcing – The IQ BackOffice Value Proposition
Our approach leads to four main benefits for our clients: Improved controls, Reduced cost, Process Improvements, Improved Focus on Core Business.
The Criticality of Restaurant Financial Benchmarking
Restaurant industry sales are expected to hit a record high of $709.2 billion in 2015, according to the National Restaurant Association. In the first four months of 2015 alone, restaurant sales were up 9 percent according to the Census Bureau, … Read More
IQ BackOffice Releases Case Study on Restaurant Full Service Accounting Services
Mancha Development Company manages back office costs to improve financial functions and support continued growth. The restaurant business is getting tougher and tougher, with costs rising due to ever-increasing regu- latory scrutiny, growing labor costs and a customer that consistently … Read More
Changing the Future of Work
It’s not news that technology continues to change the way we work. With such a heavy focus on cost efficiency, there has been an increased focus on optimization to get ahead – something I’ve seen in the behind-the-scenes work driving … Read More
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