
Business Process Outsourcing, and a Closer Look at Accounts Payable
Business Process Outsourcing (or BPO) is simply hiring another company to perform a specific function instead of doing it yourself.
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.”
Business Process Outsourcing (or BPO) is simply hiring another company to perform a specific function instead of doing it yourself.
Companies turn to outsourcing for better technology, business processes, and lower costs to improve outcomes and maximize profits while minimizing risks.
Outsourcing accounting is generally worthwhile especially for businesses whose core-competencies fall outside of the financial and accounting disciplines.
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.
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We would like to hear from you! If you have a question or comment about our services, or you’d like an IQ BackOffice representative to contact you, please use the form below.