Full Service Accounting – PPC FSA

Accounting Outsourcing

Automation, reduced costs, better control and more informed decisions.

IQ BackOffice offers complete accounting outsourcing 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 processes.

David Schnitt, President and CEO

Watch this video to learn how IQ BackOffice can help you achieve world-class finance processes

Benchmarking Accounting and Financial Processes Whitepaper

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IQ BackOffice - Hair Cuttery Testimonial video
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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.

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Full Service Accounting Outsourcing – Reduced costs, better control and more informed decisions

IQ BackOffice offers complete accounting outsourcing services that combines 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 customized 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 remotely from any web-enabled device or PC, while our partnerships with electronic payment solutions providers can turn your accounting costs into real savings.

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Let IQ BackOffice deliver these benefits to you through a full-service outsourcing or an a la carte 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 Card Payments with cash-back revenue options
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“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.”

The Companies We Keep

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Process Automation solutions - Accounts Payable Workflow David Schnitt, CEO
IQ’s Financial Business Process Outsourcing solutions leverage your existing infrastructure with state-of-the-art automation to increase efficiency and quality with real-time information and up to 70% cost reduction.
David SchnittCEO, IQ BackOffice
IQ BackOffice reengineers financial processes to take advantage of best practices and leverage state-of-the-art automation. This allows us to deliver to our clients improved controls and up to 70% cost savings.
David SchnittCEO, IQ BackOffice
Most financial process automation initiatives do not have a positive ROI; IQ BackOffice knows how to fully take advantage of automation to increase efficiency and achieve up to 70% cost savings.
David SchnittCEO, IQ BackOffice
Financial process improvement isn’t easy; IQ BackOffice helps clients develop best practice processes to achieve best-in-class efficiency.
David SchnittCEO, IQ BackOffice
Is your cost of finance and accounting less than 0.5% of revenue? If not, your F&A performance is not world-class. IQ BackOffice can help you get there.
David SchnittCEO, IQ BackOffice
Top public and private equity-backed companies choose IQ BackOffice to implement and manage world-class financial processes to benefit from best-in-class accounting, visibility and internal controls.
David SchnittCEO, IQ BackOffice
IQ BackOffice has helped many large manufacturing and distribution clients reduce their Accounts Payable matching exception rates from over 50% to less than 10%.
David SchnittCEO, IQ BackOffice
Working with IQ BackOffice drives lower costs, better decision-making and stronger financial controls for our clients.
David SchnittCEO, IQ BackOffice
Expectations today are that finance and accounting should be real-time, automated and in the cloud. IQ BackOffice will minimize your risks and accelerate your digital transformation while reducing your costs.
David SchnittCEO, IQ BackOffice
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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.