Explore the role of outsourced CFO services in unlocking business growth. Learn how leveraging financial expertise can lead to strategic success. Many businesses, recognizing the need for expert financial guidance without the burden of a full-time, in-house CFO, are turning to outsourced CFO services.

The decision to outsource accounting services or hire an in-house accountant will ultimately depend on your specific business requirements, budget, expertise required as well as the flexibility you desire.

Small businesses in every industry are increasingly relying on cloud computing to drive innovation, optimize efficiency and scale seamlessly. And the cloud services these businesses rely on do offer numerous benefits. Cloud solutions are incredibly flexible, easily accessible, cost effective and innovative. And, when leveraged intelligently, cloud computing can be the difference between short-lived success and a lasting competitive advantage.

By assessing your business’s goals, size, complexity and compliance needs, you can make an informed decision about whether to add an outsourced CFO or a controller to your support team.

Cloud-based accounting is more than a passing trend. It’s the new normal for small businesses in every industry. With the ever-increasing need for efficiency, flexibility and on-demand access, cloud-based solutions are revolutionizing everything from file storage and communication, to project management and customer relationship management. Today, it seems cloud-based technology is permeating every area of business. And business finance is no different.

Benefits Done - Health insurance, flexible spending accounts, paid leave, tuition reimbursement — these are just a few of the benefits you can provide to your employees to keep them protected and engaged. We’ll take care of your employees’ basic needs so you can have a thriving, productive workforce. And if we are the broker of record, we act as the single point of contact for all carriers. Done.

People operations in recent times have come to be a catchphrase that seems to be bent on removing Human Resources from the lexicon of corporates and HR practitioners themselves. People operations or PeopleOps is seen as a more holistic and cohesive term that encompasses every aspect of an employee’s work life — from when they join a company, till the time they bid farewell to it.

Outsourcing refers to the strategic use of external resources to perform tasks traditionally handled by internal staff and resources. Correspondingly, outsourcing financial services implies using a third-party service provider essentially acting as your own financial team. They handle all or some of the financial processes of your business depending on your needs from bookkeeping, account reconciliation, financial data analytics and taxes to CFO services.

Over the past few years, businesses have begun to realize how powerful community really is. The sense of belonging, loyalty and camaraderie that a dedicated community creates unites their customers, strengthens brand awareness, and gives businesses true staying power — three benefits that can prove invaluable in times of market turbulence.

Finops Done or Financial Services Setup - Escalon is able to save you time and eliminate frustration by identifying and optimizing the flow of information among invoicing, accounts receivable, banks and other information sources.

Payroll outsourcing services are particularly beneficial for small businesses that have a limited internal team or who are looking for increased transparency and efficiency. In fact, an estimated 45% of small businesses already outsource this essential service!

Payroll outsourcing services are particularly beneficial for small businesses that have a limited internal team or who are looking for increased transparency and efficiency. In fact, an estimated 45% of small businesses already outsource this essential service!

While bookkeepers master the day-to-day income and expenses, accountants offer advanced services, greater reporting and stronger expertise.

This is because an outsourced CFO service provides the same benefits you’d expect from an in-house CFO, but with more flexibility. Most outsourced CFOs work on an as-needed basis and can scale up and down as the business requires.

Escalon's HR consulting team works with you to compile policies, introductions, expectations, onboarding guidance, contact information and more into a go-to guide for your business. We can create an essential online human resources hub for your employees — benefits enrollment, time reporting, career development resources and more — customized to your evolving business needs.

Escalon provides your company with an experienced, one-stop-shop for all your essential business services, including accounting, bookkeeping, taxes, insurance, payroll, benefits, and recruiting. We give you back time and peace of mind by taking care of your back office so you can focus on growing your business.

Let our payroll management take care of the details of time reporting, taxes/other deductions, direct deposit and more, ensuring your people get paid accurately and on time.