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.
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
Let IQ BackOffice deliver these benefits to you through a full-service 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 Visa card payments, with cash-back revenue options
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, IQ BackOffice, discusses mistakes he sees accounting departments make when outsourcing accounting functions to execute their strategic plan.
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.