Accounting Services: Why and How to Outsource

By Published On: March 23, 2023Categories: Services-Accounting Services

The Accounting Services team at SDK believes that finances are the heartbeat of every company and should be a major driver behind the decisions they make. Our group is composed of professionals who are technically trained to apply the best accounting solution to your particular needs. So, what does outsourcing some, or all, of your accounting tasks look like? Here is a breakdown of some services offered by the Accounting Services department at SDK and how they can benefit you and your business.

General Bookkeeping Services

General Bookkeeping services are essential to running a successful business. If your business does not have a bookkeeper on staff, these duties can fall to others who may not have the correct experience or insight to complete the tasks accurately. Outsourcing your bookkeeping gives you access to professionals who are experienced with the completion of the services needed either on a monthly, quarterly or annual basis. 

Partnering with SDK for your bookkeeping needs can look different based on the services you require. It is not a one-size fits all approach, we can tailor a plan specific to your business needs and will help you better understand your financial data so that you can get back to the business of running your organization.

Accounts Receivable, Accounts Payable and Payroll Processing

Outsourcing services such as accounts receivable and accounts payable can assist your organization with proper cash flow management and ensure nothing is getting missed. Our team leverages technology to assist in the completion of these tasks, which helps reduce the amount of time taken to complete as well as providing insight into the process.

With payroll processing, you have a partner to assist your business with all things payroll. This includes payroll tax returns and W-2 preparation. 

Client Advisory Services

In addition to traditional accounting services, SDK also provides a bundled offering for some of our clients that includes accounting, financial and reporting services. It allows businesses to completely outsource their internal accounting department and have near real time financial and dashboard reports.

From the basics to advanced financial practices, our CAAS services cover four areas:

  • Offload Accounting Essentials such as payroll, invoicing, bill pay and more
  • Enhance Financial Fundamentals like financial reports and expense management
  • Gain Business Insights through financial statement analysis and tracking key performance indicators
  • Plan Profitable Growth with budgeting and forecasting

Let SDK Help You Grow

With more time to focus on the things you love about your business, you are continuing to set yourself up for success. Let the team at SDK tackle the tasks behind the scenes and ensure your business is getting the accounting help it needs. Reach out to us at 612-332-5500 or email Michele Jensrud to learn more about what we can do for your business.