Financial Outsourcing Services For Professional Bookkeeping Agency
With their own client list increasing, and new projects commencing faster than their team could handle, our client required additional team members for bookkeeping services, as well as designing and implementing an effective online web portal that would allow their in-house team members, the additional team members in India, and all clients full-time access from any location.
The Client - Fisher Business Management
Based in Portland, Oregon, Fisher Business Management is a professional bookkeeping agency that assists national and regional companies with a variety of economic and managerial requirements.
This team of financial experts has seen exponential growth over recent years, and their skills range from company start- ups and assistance for smaller companies; record balancing and upkeep; to project managing and auditing.
By working alongside their clients, they provide an array of accurate and in-depth services to ensure all quotas can be effectively achieved, regardless of any complexities involved.
Noon Dalton enabled the client’s company to provide 20 hours of work a day, which is double the average rate.
Requirements For The Project
The client was referred to our team at Noon Dalton for assistance in workload management and timeline adherence. With their own client list increasing, and new projects commencing faster than their team could complete them, they attempted hiring financial professionals from their local area.
However, this was unsuccessful, as they had a relatively low response rate, and the few candidates that did respond requested very high salaries for any services rendered. Our specialists were required to assist in providing outsourced project relief through additional team members, as well as designing and implementing an effective online web portal that would allow their in-house team members, the additional team members in India, and all clients full-time access from any location.
Challenges Tackled By Our Team
While working on these projects for Barbra, the main challenges our team faced were due to the enormous amount of information needing to be uploaded onto a working web portal. The time zone differences between Portland and India, and the mass amounts of tasks that needed to be completed, efficiently and accurately were also a large contributor to the difficulties faced.
In order to deal with these difficulties, we hosted an in-depth meeting to ascertain exactly what was needed. We selected our most experienced outsourcing specialists and created priority lists to ensure the most urgent tasks were dealt with first, regardless of the different time zones.
Whether managing cash flow, building timely investor reports, or assisting with auditing needs, our team at Noon Dalton pride ourselves in delivering proactive assistance to ensure a clear financial picture, for better informed decisions.
Our step-by-step process was as follows:
We began this process by hosting the meeting and creating a solution plan that would best suit Barbra’s needs.
Our team provided email vetting and answering services for any client emails blocking up the company email account.
We created an unpaid bill report for immediate attention. Using our financial expertise, our team built a cash flow projections spreadsheet.
We provided a detailed credit card charges and reconciliation report.
Using Fisher Financial Management’s accumulated data, we provided a loan tracking report.
By concentrating on all the projected statistics, we compiled a daily sales record for her restaurant clients, by categorizing their items by beverages, foods, and more.
Finally, we designed and implemented an online web portal, as per request, that could link all team members and clients together for a smoother working process.
Results & ROI
By making the decision to work with us, Fisher Financial Management received enhanced task assistance, and the time zone differences have enabled the company to provide 20 hours of work a day, which is double the average rate.
Our services are cost-effective and a largely reduced solution in comparison to local employee hiring rates. Their in-house staff are now also more available to concentrate on advantageous company growth. The client is so happy with the success achieved by working with us that she is planning to include more remote staff. If you find that your company is in a period of high growth and potential, or your in-house professionals are struggling to complete the tasks at hand, get in touch with us today.
Noon Dalton is an industry leader in remote team services and, through professional outsourcing, can provide access to talents in a range of specialties, including finance, administration, operations, marketing, research, recruitment, and more.