Outsourced Accounting

Many businesses struggle to balance complex accounting tasks with running and growing a successful company. To mitigate their lack of experience and/or bandwidth, organizations often outsource their accounting functions to third parties. But many finance and accounting outsourcing entities offer little or no support and may not even provide an actual person for you to work with.
Our experts at Powered by Centri do more than just streamline your bookkeeping with a suite of professional accounting tools. You get a dedicated point person who will guide and support you every step of the way as you work towards your larger business goals. And we bring a strategic, intentional approach to each client by learning everything there is to know about your business and industry. This allows us to identify and mitigate problems quickly to evolve and improve your accounting processes.
Wondering if Powered by Centri is the key to your company’s continued growth? Here are the four pillars of our outsourced accounting:
Tailored Expertise
Our team has experience working with businesses in a wide range of industries and technologies, so you can rely on our expertise. You’ll receive services that are fully customized for your needs and designed just for you.
Seamless Onboarding
We value your time and understand that you don’t have months to hire and train an accountant or speed up your processes. Our no-hassle onboarding is designed to lessen the load on your team and get you up and running as quickly and efficiently as possible. We’ll communicate with you throughout the process to unify expectations and provide relief when and where you need it.
Dedicated Team
We’ll provide you with a dedicated point person who will serve as an extension of your team. They’ll learn the ins and outs of your business and get to know your key stakeholders. Then, they’ll help you strategize to make the most of your current standing and identify future opportunities and threats.
Industry Insights
Our Centri experts have industry-specific knowledge to help you capitalize on opportunities while monitoring an ever-changing landscape of financial regulations. Our services are particularly beneficial for the life sciences, technology, cannabis, and digital assets industries, but we can support businesses in any sector.
Outsourced Financial Services & Accounting
Our three core outsourced financial services help you meet current needs and work towards long-term goals. We bring an effective, calculated approach to online accounting that will streamline your processes and allow you to focus on day-to-day operations. You can learn more about each of our services below.
Transactional Support
Our transactional support solutions provide bookkeeping and core accounting functions to handle your every need. This allows you to focus on running and growing your business while we take care of the back office. Our transactional support services include:
  • Processing customer invoices and managing accounts
  • Processing payroll
  • Creating and posting recurring payables and receivables
  • Maintaining contracts and associated payables and receivables
  • Tracking and maintaining inventory
  • Processing vendor payments and managing related accounts receivable
Financial Solutions
We handle everything from general ledger maintenance and forecasting to cash management and tax compliance and provide cloud-based, industry-standard reporting tools. Our three-tiered approach helps us create an integrated solution for all of your corporate finance needs. We offer the following financial solutions:
Technology Support
  • New set up of online accounts (QuickBooks Online, Bill.com, Payroll)
  • Conversion of QuickBooks Desktop to QuickBooks Online
  • System tune-ups to correct issues and leverage technology for greater efficiency
Corporate Accounting Support
  • General ledger maintenance
  • Account reconciliations
  • Completion and review of financial close
  • Entity accounting
  • Financial statement review and analysis
  • Fixed assets maintenance
  • Inventory reconciliations
  • Loan draw administration
  • Coordination with external auditors
  • Staff training
Reporting Support
  • Custom reporting templates
  • Monthly financial reports
  • Balance sheets
  • Income statements
  • Cash flow statements
  • Statements of equity
  • Cash management reports
  • KPI reports
  • Dashboard reports
Strategic Advisory
Our strategic advisory services focus on your unique business challenges and prospects for growth. We will rapidly assess opportunities and threats to deliver high-level guidance that provides measurable, cost-effective value. From budgeting and forecasting to policy and procedure development, our outsourced accounting provides strategies based on critical business data. Our strategic advisory services include:
If you need outsourced accounting for your business or organization, being Powered by Centri is the answer. Our dedicated team of experts provide industry-specific guidance, personal support and guidance, and high-quality services that are tailored to your exact needs. Ready to get started? Get a free consultation and learn how we can help you overcome your obstacles and achieve your goals.
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