Outsourced Accounting Services

Outsourced Accounting Services: Accounting Solutions for Businesses

It has become increasingly difficult for companies to stay focused on building their business while managing their finances and accounting functions. When companies outsource their finance and accounting responsibilities, they have a competitive advantage.

KRD’s Outsourced Accounting Services (OAS) team can support your day-to-day accounting and finance functions, but we can also provide timely and relevant financial data to help you make smarter and faster decisions that align with the overall financial goals of your company or organization.  

Each company we work with is unique. The types of services they require varies, but their goal remains the same – how can we maximize our profits and minimize our tax liability?

Benefits of Outsourced Accounting Services

Cost-Effective Staffing

When you work with our outsourced accounting services team, you don’t have to worry about the time and expense it costs to recruit, train, hire and maintain an accounting department.  

Open Communication with Accounting Experts

At KRD, we ensure you have a direct line of contact with your KRD team member. It’s our goal to be a seamless extension of your company or organization.

We understand your company or organization has changing needs. Our team can cover transitional periods and other things that may disrupt your financial reporting timeline, while keeping you on track to meeting your financial goals.

Our OAS team has regular training and yearly accreditation hours to keep them up-to-date, informed and license compliant.

Derive Meaningful Insights from Your Financial Information

Our OAS team can help you identify key performance indicators (KPIs) and metrics that are critical to your cash flow. Our team can help you set financial goals for your business and develop a plan to help you achieve them.

CFO-Level Supervision and Review

Investor reporting, financial projections, operating budget and KPIs can help guide your business to success. With KRD’s outsourced accounting services, you’ll have access to executive-level skills and experience as-needed, part-time or full-time, depending on your needs.

Enhanced Internal Controls – Avoid Unnecessary Penalties and Stay in Compliance with the IRS

Our outsourced accounting team ensures your business is in compliance with all federal, state and local tax laws and regulations affecting the operations of your business. Our internal controls provide an environment in which managers and staff can maximize the efficiency and effectiveness of their operations and avoid unnecessary financial penalties.

Access to Leading-edge Cloud Accounting Technology Solutions

With KRD your accounting data is stored on secured services in the cloud. We can help your company or organization implement accounting software and technology to help improve internal efficiencies.

From choosing or implementing a new payroll system to creating a budgeting & forecasting model, KRD’s Outsourced Accounting Services can help.

We outsource all of our accounting and finance functions to KRD and they’ve been a trusted partner for over five years. I know I can reach Mitch, Joann and the rest of their team whenever we have a need. We are confident that the work they perform for us will be accurate and on time.”
    Greg Dummer, CEO, American Orthopaedic Society for Sports Medicine

Outsourced Accounting Services Serving Illinois and Beyond

To learn more about our Outsourced Accounting Services or to schedule your free initial consultation, contact Lauren Clawson, CPA at 847.278.4362 or fill out our online form. 

News

Read the latest news
from KRD and find out more.

KRD, Ltd. Wins ClearlyRated’s 2024 Best of Accounting Award for Service Excellence
Federal Court Rules Law Mandating Reporting of ‘Beneficial Owner Information’ Unconstitutional
How to Protect Yourself from 10 Common Tax Scams
State Employee Mandates and Federal Tax Uncertainty Mark 2024

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