Skip Navigation or Skip to Content
Outsourced Accounting Services

Streamline Your Business with Outsourced Accounting Services

Much of a company’s success depends on the capabilities and competency of its back-office accounting and administrative functions. However, it can be complicated and costly to retain full-time in-house accounting departments, particularly during periods of growth.

A growing number of businesses are using outsourced accounting services (OAS) to modernize the accounting process for routine financial tasks such as cash management, bill payment, and bank reconciliations, as well as for more advanced finance and accounting procedures and data protection.

Learn how Windes’ Outsourced Accounting Services can help you make smart decisions that streamline your company’s operations and maximize productivity.


Strengths of OAS

Many companies rely on OAS providers to perform specific tasks, such as fund administration for individual investments, disbursements and receipts, or monthly financial reporting. However, companies with a growth mindset require a more streamlined, longer-term approach to accounting that manages all their business operations.

Streamlined Operations

During a company’s growth period, dealing with increasing client demands with limited resources may become impossible. Windes can help fill the gaps in your accounting team, providing you with access to a skilled team of accountants working to help streamline your business so that you can keep up with demand and grow faster.

Windes offers a fully comprehensive approach that starts with evaluating your current operational efficiency. We also provide recommendations for improved technological integration and assist with facilitating automation within your company for increased efficiency and less risk of human error.

Better Cash Flow

Outsourced accounting services can contribute to better cash flow in several ways:

    • Improved Accuracy and Timeliness: Professional accountants can ensure that financial records are accurately maintained and updated in a timely manner. This can prevent errors or delays in invoicing, payment processing, and financial reporting, leading to smoother cash flow management.


    • Efficient Invoicing and Receivables Management: Outsourced accounting services can help streamline invoicing and ensure prompt follow-up on outstanding invoices. This can result in faster receipt of payments and reduced accounts receivable aging, thus improving cash flow.


    • Expense Management and Cost Control: Outsourced accountants can provide insights into cost-saving opportunities, identify unnecessary expenses, and help implement strategies to manage cash outflows more effectively. This can optimize spending and preserve cash reserves.


    • Cash Flow Forecasting and Planning: Experienced accountants can develop cash flow forecasts and budgets based on historical data and future projections. By anticipating cash inflows and outflows, businesses can proactively manage working capital, negotiate better terms with suppliers, and make informed decisions to avoid cash flow gaps.


    • Access to Financial Expertise: Outsourced accounting services often provide access to a team of skilled professionals with diverse expertise. Their knowledge of accounting principles, tax regulations, and financial best practices can help businesses optimize cash flow management strategies tailored to their specific needs and goals.

Overall, outsourcing accounting functions can allow businesses to leverage specialized expertise, improve financial processes, and gain greater visibility and control over cash flow, ultimately leading to better cash flow management and financial health.

Efficient Implementation & Flexibility

OAS can help you focus on managing your business while delegating time-consuming aspects of accounting to trained professionals. We tailor our outsourced accounting services to fit your company’s specific needs, and we understand the importance of flexibility in accommodating a business’s changing needs. We’ll implement a team approach that can offer flexibility and scalability to your growing business, using best-in-class technology and functionality with peak efficiency.

Better Compliance

Outsourcing your accounting services can reduce liability risks related to payroll errors or business tax returns, which can result in heavy penalties. Our team will ensure you remain compliant with any new tax or accounting requirements and update you on potential changes.


Addressing Common Concerns

Some companies are reluctant to invest in OAS because of concerns about cost. Many businesses still consider outsourcing to a provider to be an unnecessary expense.

On the contrary, outsourcing is much more cost-effective than hiring and managing an in-house accounting department. Building an in-house team requires finding and training high-quality talent in the highly competitive accounting market. Additionally, the overall cost of supporting and maintaining these employees is higher than outsourcing to a professional company.

Business owners may feel that incorporating an OAS provider will cause them to lose control over their current employees. OAS providers have the flexibility to intervene as much or as little as your company requires. Effective OAS providers like Windes will collaborate with a company’s existing team, generally selecting one individual to serve as a primary contact who runs point on a company’s accounting needs, supported by a responsive and communicative team.


Streamline Your Accounting with Windes

Windes’ OAS solution streamlines accounting functions and financial reporting for companies and offers a variety of helpful services:

  • Bank and Credit Card Reconciliation
  • Recording Payroll Journals
  • Form 1099 and 1096 Filing
  • Management of Fixed Assets and Depreciation Schedule
  • Form 571-L Property Tax Filing
  • AR Invoicing and Recording Payment Receipts
  • Accrual Adjustments
  • Automated Accounts Payable
  • Historical Clean Up
  • Preparation of Financial Statements
  • Statement of Information Filing
  • Workers Compensation Audit
  • Business License Renewal
  • Inventory Management
  • Sales Tax Reporting
  • Expense Management
  • Payroll Processing

Windes has been combining technical expertise with a dedication to client satisfaction for more than nine decades, offering top-tier solutions. If your business is looking for more thorough financial planning or help with more routine accounting tasks like maintaining accurate financial records and managing cash flow effectively, Windes can help.

Make smarter business choices.

Experience the difference Windes outsourced accounting services can make.
Payments OnlineTaxCaddy
Secure File TransferWindes Portal