When running a business, sound financial processes are required. You have to make sure your daily operations are taken care of and you need to use your financial data to build a roadmap for growth.
Managing your day-to-day financial operations can be time consuming and distracting. Your effort and resources are better spent on strategic areas that have a bigger overall impact on your business.
Outsourcing has become one of the most successful tools for large corporations to remain competitive in the 21st century. The advantages, however, are no longer exclusive to these organizations.
Large, small and medium sized companies can now realize the full benefits of outsourcing to gain a competitive advantage in today’s business environment.
Outsourcing your accounting tasks to the SM Squared team frees your management team to focus on creating the best possible customer experience and brand.
At SM Squared, we focus on each client to develop a package of solutions tailored to their business. Whether you are a start-up or an established organisation, we view your business as our business and respond immediately to all of your needs.
Our management team is backed up by dedicated operating teams who work as an integrated virtual department of your business.
WHAT CAN YOU OUTSOURCE?
The core back-office Finance and Accounting services that could be outsourced generally fall into three categories:
Transaction services such as entering accounts payable, raising journals, bank reconciliations, etc. Controller services that include using the accounting data to finalise monthly trial balances, produce management accounts, including P&L, BS and cashflow, etc. CFO services including business planning, budgeting and reviewing financial performance.
Finance & Accounting Outsourcing (FAO) is an arrangement where clients delegate back-office business functions or processes to their Accountants and / or another third-party service provider.Our FAO Division conducts assessment and diagnostic process methodology to assist our clients to effectively reduce outsourcing risks and achieve maximum cost reduction while improving process and quality output.
Assessment and diagnostic process methodology can be defined in three distinct areas of focus:
Budget, business planning, etc.
Monthly end, finacial statements, cashflow analysis
Write up, tax, bookkeeping, A/P, payroll, etc.
We create business models depicting the optimal back-office workflow for your organisation. Our models are created to ensure efficiency, scalability and integration.
WHY CHOOSE US?
SM Squared is primarily focused on helping their clients outsource all or part of their finance and accounting function. Our approach allows you to scale with minimal impact on operations and personnel, all with predictable costs.
We create business models depicting the optimal back-office workflow for your organisation. Models are created to ensure efficiency, scalability and integration.
SM Squared will design, deploy and manage:
the end to end process
finance and accounting transaction processing
financial analysts technology infrastructure solutions that meet your companies’ combined in-house and offsite business processing requirements.