Finance & Accounting Outsourcing Services
Handling Your Finance & Accounting Functions So You Have More to Go On
At Quatrro, we understand that as your business evolves, so do the demands on your financial systems and processes. Whether you’re experiencing rapid growth, navigating mergers or acquisitions, or managing other significant events, our outsourced finance and accounting services are designed to ease the burden on your internal resources and add experienced finance strategy. We allow you to focus on what matters most—growing your business—while we handle financial operations efficiently and accurately.
Comprehensive Financial and Accounting Services
Our team of seasoned financial strategists support businesses of all sizes and industries, including public and private companies, small businesses and mid-market companies. Whether you are a venture capital firm, private equity fund, or growing enterprise, Quatrro delivers tailored financial solutions & insights to fit your specific needs. Our services encompass maintaining detailed accounting records, delivering comprehensive financial reporting (GAAP and IFRS), interpreting complex accounting standards, and ensuring full tax compliance.Quatrro tailors each engagement based on your unique business requirements. We can step in as your outsourced CFO advisor, controller, or full accounting department, providing comprehensive business finance & accounting outsourcing when needed. Our close collaboration with your internal team ensures a seamless integration. With a relationship-driven approach, we prioritize hands-on involvement, drawing on deep industry expertise in financial reporting and strategy to meet your evolving financial needs.
Record to Report
Reliable and efficient Record to Report processes can provide your company with the financial and operational insight needed to accurately gauge performance, identify opportunities for improvement and growth, and strategically plan for the future.
Profit and Loss Statements
Balance Sheet
Cash Flow Statement
General Ledger
Bank Account and GL Reconciliations
Cash and Credit Card Deposit Verifications
3rd Party Delivery Reconciliations
Fixed Asset Account Management
Inventory Accounting
Corporate Consolidation Reporting
Compliance Reporting
And More!
Procure to Pay
By deploying our proven Procure-to-Pay (Accounts Payable) solutions, we will enable you to introduce process automation, enhance your cash controls, and improve the overall efficiency of your workflows, resulting in lower costs, an optimized supply chain, and stronger vendor relationships.
Mailroom Services
Approval Workflow and Portal
Electronic Invoice Integration
Statement Research
Utility Tracking
1099 Reporting
W9 Tracking
Tax and License Processing
AP Aging Report
Order to Cash
Our Order to Cash (O2C, OTC, or Accounts Receivable) enables your business to maintain the future cash flow needed to ensure longevity and the ability to fund future growth strategies. .
Prepare, Verify, and Dispatch
Order Management
Customer Billing
Customer Inquiries
Cash Application
Soft Collections Monitor and Follow-Up
Bad Debt Analysis
Accounts Receivable Reconciliations
Accounts Receivable Aging Report
CFO Advisory
Our CFO Advisory services enable a transition from a merely “keeping the house in order” CFO function to one capable of creating value, with a keen focus on revenue optimization while reducing the risk of disruptions. Whether you already have a CFO in place or the position is currently vacant, our CFO Advisory services team will serve as checks and balances, strengthening the security and direction of your finance operations as part of an overall plan for growth.
Identify of opportunities for EBITDA improvement
Manage budget and forecasting cycles
Assessment and recommendations for growth
Preparation for acquisition, merger or exit
Optimize cash flow
Guide and oversee Due Diligence activities for raising capital and attracting investors
Manage year-end processes and year end closing
Preparation or management of audit process
Policy and procedure evaluation and recommendations
How Outsourced Accounting Give You More To Go On, While Focusing On Lean Operations:
- Enable faster decision making in real-time, with digitally enhanced, compliance ready and accurate reporting delivered within 10 business days
- Gain an end-to-end holistic view through analytical dashboards, reports and benchmarks
- Enhance technical and technological capabilities without inflated overheads
- Grow your business without added pressure on your resources or overhead
- Focus on “big-picture” strategies and not back-office operations
- Boost bottom-lines with up to 40-60% reduction in costs
- Garner actionable insights from a team of industry experts
- Leverage vertical-specific best practices, while being fully compliant with regulations and tax legislation
Latest Trends and Strategies
Vertical Experience and Authority to
Provide Domain Expertise and Benefits
“ In times of limited, abundant, and ambiguous financial options during the turnaround of Culture Source, the expert financial counsel provided by Apparatus Solutions (now renamed Quatrro) made possible the attainment of most of our aspirations for services. ”
Omari Rush, Executive Director- CultureSource
“ What a year we had in 2022, and we could not have achieved success without the partnership and support from Quatrro. Our accomplishments in 2022 are due in no small part to our strong portfolio, where the developing Quatrro partnership plays an important role—having the right supplier partner, services portfolio, and delivery capability is vital to a successful services business. ”
Leading Technology Integrator & Service Provider
“ We are very excited to work with Quatrro Business Support Services as we feel your team ‘gets it’ when it comes to customer experience and subscription management. ”
Leading IT distribution firm
“ Congratulations on your persistent Collection efforts on this account. The customer has approved a payback for over $39K in deductions that were taken back in September 2021. This is a major impact on the Collection side as well as for our Sales Team.. ”
Sales Director – Pet Care Store
“ Quatrro’s Human Resources team provides a partnership that allows us to focus on our business We formally had a one-person Human Resources Department for a staff of 75. Quatrro brings expertise from the different sectors of HR who specialize in recruitment, onboarding, HRIS systems, staff documentation management, and staff performance resolution. The partnership with the HR leadership has led us through the selection and implementation of our first electronic HR system, assisted in the design of new onboarding procedures and systems, broadened our recruitment efforts, and assisted in managing staff performance issues. Recently, when I consulted our attorney about a staff performance issue, his first question was “What does say?” There is timely access to all HR staff as well as the Chief Human Resource Officer if needed. If a problem exists, it is identified and explored quickly. Resolution occurs through a collaborative effort that is monitored to ensure all systems are operating well. ”
President, Non-Profit Mental Health Care Organization
“ It brings a lot of peace of mind having Quattro on call for HR, especially for a growing organization like ours! ”
Executive Director, Non-Profit Alliance, and Advocacy Group
“ Throughout the engagement, our administration team and ad hoc Compensation Committee worked with Quatrro to exchange and discuss the information on our staff. We had periodic meetings to ensure we were on track, and which culminated in a plethora of market data and research that Quatrro Sue shared with us. The result was a well-designed salary grade/band range chart, along with the skill set criteria for each pay band. All of this was presented to our Executive committee and has been approved for implementation. This interaction and engagement with Quatrro was a great investment for our staff and the continued growth with our non-profit. ”
Vice Chair, Non-Profit Historic Museum
Frequently Asked Questions
Outsourced accounting service providers enable a business to reduce overhead expenses, increase efficiency and make more informed business decisions. Accounting functions that are commonly outsourced are:
Accounts Payable/Accounts Receivable: Outsourcing the accounts payable and accounts receivable functions enables an organization to focus on the strategy of their cash flow rather than actually having to focus on the transactional work of processing and collecting, or paying, invoices.
Bookkeeping Services: Outsourcing this service gives the company access to reliable and accurate financial reports based on the transactional data entered throughout the period, which improves e financial data visibility for informed decision-making.
Enhanced Financial Reporting: By outsourcing finance and accounting functions, the business can leverage expert and timely advice from the service provider, on reports outside of the standard monthly financials including reporting around budgeting, benchmarking and trend reporting. These additional reports provide enhanced support for business strategy and decision-making.
Controller Services: Outsourcing this component of the finance and accounting work can bring enhanced expertise around audit preparedness and financial reporting - all of which provide insights into the financial health of the business.
Financial Planning: An outsourced accounting team can complete regular cash audit and budget tracking tasks that an in-house accounting team is often pulled away from completing on a regular basis. All of these activities allow the business leaders to better forecast future costs and revenues which lead to being able to make better-informed decisions about the future of the business.
Tax Services: This generally includes tax preparation and filing of sales and use tax as well as property tax and income tax, in order to ensure regulatory compliance and maximized tax benefits.
Outsourcing finance and accounting functions accrues a varietyof benefits to businesses, no matter the size:
Access to Accounting Experts: Partnering with a business process service provider with deep industry knowledge and expertise, the business’ books are always accurate, compliant and completed on time, with minimal risk of penalties or regulatory noncompliance.
Ease of Scaling Up the Business: Outsourced accounting services can ensure the business is able to scale-up back-office services with ease as the business grows and without any lag.
Access to Real-Time Information: A dedicated team of experts ensures that the company has real-time access to financial reports, allowing the leaders to make agile business decisions based on actionable and reliable data.
A Proactive Approach: An outsourced accounting team stays proactive and is able to identify and highlight potential threats and challenges as well. This, in turn, ensures financial reporting is more accurate and intelligent.
Quatrro’s finance and accounting services enables customers to have better financial control through streamlined processes sharper insights for healthy cash flow, the right people and technology to drive long-term growth.
Quatrro’s dedicated team of professionals brings decades of industry expertise and best practices in three primary domains: finance and accounting; business improvement and human resource services.