For-Profit Accounting Services

Our fees are based on the complexity of your business, your transactional volume and our ability to automate and streamline systems and procedures. Most clients find that engaging us results in cost savings.

We operate on a flat monthly fee. This enables you to accurately forecast and budget your cash flow. For special services or one-time projects, we bill at an hourly rate and always provide an estimate before starting.

Our average full-service fee ranges from $2,000 to $6,000 per month but can vary based on many factors. Read this blog to see what factors influence cost.

No. We charge a flat monthly fee. This enables you to accurately forecast and budget your cash flow.

And, if you ever want to terminate our engagement, all we require is 30-days’ written notice. And the same goes for us. If, for some reason, we determine ARI is not a good fit for your organization, we will provide you with at least 30 days’ written notice.

Our typical lead time is 30 to 60 days from the time we have a signed engagement letter from you. This allows us time to compile our team and develop a transition plan. For further details on our transition process, read this article.

We commit to responding to emails or phone calls within 24 hours, but you will find that we typically respond much faster. We need to understand everything that is going on with your business and, to do so, requires constant communication.

We transfer data in a variety of ways. We strive to find the most efficient, most secure method that works for both your organization and ARI. This may include using Microsoft ShareFile, or having direct access to your bank statements, credit card statements and/or payroll service. Check out this article to find out how we provide multi-layered data security.

We typically do not go onsite to perform accounting work. Of course, we’re always available to meet with you upon your request or to attend Board meetings or management team meetings. However, by working in a central location, we eliminate travel time and have access to state-of-the-art technology and accounting systems.

We will assemble a team that is assigned to your engagement. The size of the team will be determined by the size, volume, and complexity of your organization. This group effectively becomes your accounting department and will strive to understand every aspect of your business, including your organization’s goals.

Although results can vary, many of our clients have saved 25% to 40% by outsourcing their accounting function to us.

Here are some examples of how we save you money:

• We assemble a team of individuals with redundant knowledge so there is never a single point of failure with respect to staffing.
• You avoid all of the associated direct and indirect costs associated with having an employee, including payroll taxes, health insurance, worker’s comp insurance, benefits, paid time off, training expense, management time, office space and IT requirements. And, you don’t have to spend time recruiting and hiring when you have employee turnover.
• The fees you pay to a CPA firm to review your financial statements and conduct audits are often less because your books and accounting records are clean and delivered on time.
• By implementing technology and creating efficiencies, your team has more time to focus on your business.
• You have accurate, reliable and timely financial reports at your fingertips, allowing you to make more informed business decisions that can influence your bottom line.

Discover other benefits of outsourcing your accounting function.

We strive to provide a comprehensive monthly reporting package to you in accordance with the agreed-upon dates of our engagement. As part of the transition process, we will determine what day of the month you need your monthly package. In most cases, these are delivered between the 15th and the 22nd of each month.

The vast majority of our clients use QuickBooks desktop or QuickBooks online. We do have clients on other platforms including Sage, Black-Baud, Financial Edge, MRI, and Timberline. We also use a variety of property management software systems such as Yardi.

We are based in Glastonbury, Connecticut and the majority of our clients are in the New England region. However, because of our reputation and the outstanding client service we provide, we have extended our reach beyond New England. With the help of technology, we see no limitations in where our clients can be located.

We specialize in service-based industries, including non-profits, theaters, technology, transportation, marketing and advertising, professional services, records and data management, property management and construction. Check out this page for further details on who we serve.

Our typical client is based in the U.S. and has annual revenue f $1-5 million. Most are required to have their fianncial statements audited or reviewed by an independent CPA firm. Read this article to see if we can fulfill your needs.

Yes, if you are trying to determine if outsourcing your accounting is the right choice for you, there is never a cost for a consultation with us. We go through a detailed eight-step process to understand your organization, your current situation, and your accounting needs. This allows us to recommend the best strategy to move forward. Read this article to discover more about our process.

If you are looking for a short-term solution to manage your accounting function or you have a special project you need to complete, ARI is likely not the right firm for you. At ARI, we look for longer-term engagements in which we can truly provide value by serving as your experienced accounting professional.

No, we do not perform audit services or prepare annual tax returns. Although many of us have worked in auditing firms, we choose to specialize in outsourced accounting and HR services. However, we work with trusted partners to whom we refer our clients for these types of services.

Though we do not perform annual audits, we will be an integral part of your audit process. We will work with your chosen auditing firm to furnish all of the necessary schedules and information to enable them to complete an efficient audit and prepare any tax returns required.

Included in our monthly service fee are the preparation of property tax declarations and sales tax returns. We will also work with you to develop a comprehensive budget, as necessary.

You can find a detailed list of all of our services here.

Yes, according to our engagement agreement, we can attend your monthly, quarterly or annual finance or Board of Directors’ meetings, either in person or virtually, based on your needs. For many clients, we also present annual budgets to their management team and answer questions that arise.