Outsourced Bookkeeping and Reconciliation Services Case Study: Finsmart Accounting

1
CASE STUDY
BOOKKEEPING AND RECONCILIATION SERVICES
www.finsmartaccounting.com
2
CLIENT OVERVIEW
Client is a fast-growing bookkeeping firm based
in the USA. In the short span of 5 years, the
company grew from 800 clients to 4000 clients
and established operations in multiple
states. An AICPA member, the client supports
local businesses and global MNCs with accounting
and bookkeeping requirements.
3
REQUIREMENTS GOALS
The bookkeeping firm was experiencing a crunch of
experienced bookkeepers. With the team spending
a lot of time on tedious bookkeeping and
reconciliation activities, critical business
functions were not getting the required
attention. While hiring and retaining talent was
a major challenge, there were other business
bottlenecks as well. The client required a
offshore Bookkeeping and Reconciliation partner
to take some work off its hands.
Finsmart Accounting supported with the same.
4
ACTION PLAN
Time-tested onboarding process for quick work
conception. A dedicated team of 4 accountants
deployed within 3 days. Daily and weekly review
call to understand client expectations and
optimize work processes. Robust review mechanism
to deliver error free and reliable accounting
output.
5
TECHNOLOGY INTERACTION

• To reduce the client's burden and simplify
  bookkeeping
• functions, our dedicated team worked on client's
  accounting software and processes. Zoho CRM and
  Dashboard filled the tech gaps and enabled a
  smooth offshore collaboration.

6
RESULTS GALORE
Minimized challenges associated with hiring and
retaining bookkeeping talent. Increased business
efficiency by 40. Operating cost savings of
50. Helped client focus on business growth and
achieve milestone of 4000 clients in 5 years
7
CLIENT REVIEW
8
WANT SIMILAR SUCCESS STORY?
Our customer-centric service models, domain
expertise, and use of the latest accounting
technologies have helped us earn a global name
in accounting outsourcing. Discuss your financial
goals over a free consultation session.
info_at_finsmartaccounting.com
www.finsmartaccounting.com
91 98224 06432