IQ BackOffice partnered with Hair Cuttery in their acquisition of one of the largest chains of hair salons in the country.
Automation, reduced costs, better control and more informed decisions.
IQ BackOffice offers complete accounting outsourcing services that combine top-to-bottom process reengineering and best practices with web-based workflow systems. We leverage your existing infrastructure and our seamless technology to reduce errors and lower costs while improving controls and delivering real-time insight into your business.
“When a private equity firm bought one of the largest chains of Hair Salons in the USA with over 800 locations, it asked IQ BackOffice to setup an entire accounting infrastructure including Sage Intacct and integrate it with a new POS system, develop all financial reports and metrics, and best practice business processes around AP, AR, Payroll and General Accounting. We implemented our Archimedes platform to digitize all financial transactions and then performed all of these processes to world class standards. The client saved 80% vs. the cost of the old back office while receiving more timely and accurate financials.”
Accounting Outsourcing – Reduced costs, better control and more informed decisions
IQ BackOffice offers complete accounting outsourcing services that combine best practices, top-to-bottom process reengineering with web-based workflow systems to reduce errors and lower costs while improving your controls and decision-making.
Our experienced team develops client-centric solutions that leverage your existing accounting systems rather than replacing them. Through this, we reduce implementation timeframes, risk and expense, and allow your interfaces and reports to function as they do today.
Our proprietary Archimedes software enables you to manage your accounting processes from any web-enabled device or PC, while our partnerships with electronic payment solutions providers can turn your accounting costs into real savings.
Let IQ BackOffice deliver these benefits to you through a full-service outsourcing solution that includes:
- Accounts payable
- Billing and accounts receivable
- Financial statements
- Managed Payroll
- Daily deposit verification
- Cash and credit card reconciliation
- Fixed asset reporting
- Electronic payment solutions
- Secure Virtual Payment MasterCard®, with cash-back revenue options
Contact IQ BackOffice today to discuss improving your business with our Full Service Accounting Outsourcing services.
IQ BackOffice partnered with Hair Cuttery in their acquisition of one of the largest chains of hair salons in the country with over 500 stores. IQ designed and implemented an entire state-of-the-art back office infrastructure in 30 days including a new accounting system, EDI systems, payroll platforms for over 7,000 employees as well as all of the associated business processes and reporting. IQ saved Hair Cuttery over 80%, while providing best practice financial business processes and technology and excellent quality and services.
Accounting Outsourcing – Insights
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.
IQ BackOffice works with leading global companies which include the world’s largest steel manufacturer, the largest technology and entertainment conglomerate, large retailers and restaurant chains across thousands of stores and e-commerce sites. Other major clients include distribution, energy, healthcare, real estate, and financial services companies.
We would like to hear from you! If you have a question or comment about our Business Process Outsourcing services, or you’d like an IQ BackOffice representative to contact you, please use the form below. We’ll also send you a link to our Corporate Brochure.