A Framework for Outsourcing Accounting, Tax and Advisory Tasks.

I got to thinking about a framework that would allow a business to take advantage of outsourced accounting and control services.

What would the framework look like?

Here are three essentials that any outsourcing accounting firm must provide.

1. ‘Subject Matter Expertise’ in industry sectors that are needed by the client in Accounting, Taxation, Payroll, Treasury, Planning and Analysis.

2. ‘Best Practice Processes' in software, document control and comport hardware. This typically includes products and services from such companies as Intuit QuickBooks Accounting and Taxation, Microsoft Office, Dell Computers. PC House Call and other task specific software for business expense reimbursement, inventory tracking and planning.

3 ‘Scaleable Resource Capability' with MBA, CPA and Degreed staff levels that current in professional development programs.

The Stenson Group combines strategies in all these areas.

Why you might never have considered a Fractional CFO.

You might never think that the specific Financial or Office work you need done is offered by a Fractional CFO Service or if the service is provided it is too expensive and never timely. None of this is correct.

The Fractional CFO Service can provide as little as a couple of hours of advisory each month to monthly clerical support for payment of bills, calculation compensation and the preparation of valuable financial and cash management reports.

The single most import fact is that you should always expect to receive accurate, timely, professional outputs that are available and and specifc to your business.....at a fraction of the cost of hiring.