ARI not only delivers comprehensive accounting and financial management services for less than the cost of maintaining these functions in-house, but also offers world-class accounting expertise and counsel to help you make sound business decisions.
With ARI, you get a team of accountants that has decades of collective experience.
Some businesses we work with maintain a bookkeeper on staff to manage day-to-day bookkeeping tasks. If so, that’s perfectly fine. If not, we’ll assume responsibility for this area. We’ll collect and compile all source documents that enable us to record your transactions accurately into your accounting system.
Cash management is particularly important for growing businesses. We will work to understand your company’s operating cash cycle and will manage your cash balances and payables on a weekly basis.
Financial Reporting and Analysis
Your ARI team will reconcile all of your accounts and prepare accurate and timely monthly financial statements.
We will also help you analyze your results from a business perspective, including identifying trends that are impacting your company’s profitability. When challenges arise, we will work with you to identify potential solutions.
We will work to ensure that your business complies with all state and local government regulations related to sales and use tax and property taxes. If there is a problem, we will deal directly with the appropriate government agency to resolve it.
Controller and CFO-Level Expertise
Your ARI team includes an experienced manager who functions as your CFO/Controller. He or she will serve as an extension of your management team, will review financials with you and your managers, and will be available to answer your questions or discuss any aspect of your business’s finances.
We will interface with your tax firm for both tax planning and tax preparation. And, if necessary, we will liaise with your audit firm to be sure your audit is efficient and hassle free.
Budgeting and Forecasting
For an additional fee, we will design a unique monthly budget model tailored to your industry and your business. We will also prepare a forecasted balance sheet, cash flow statement and profit and loss statement to help you manage your business more effectively.
As you consider outsourcing, here are some areas you may be concerned about.
We’re more than just bookkeepers. We provide oversight and support and become a trusted member of your team. We offer in-depth accounting and analysis of your business results and provide CFO-level expertise as needed. In fact, many of our clients rely on us to present to their board of directors and shareholders, liaise with their CPA firm and attend meetings with their banks.
When you calculate the cost of sourcing in-house talent and paying salary and benefits, you will likely find ARI’s sophisticated accounting offerings to be very comparable or even less expensive than an internal bookkeeper. And, rather than one individual, you get decades of collective experience and expertise from a team of people dedicated to your accounting needs.
Although we’re not located in your office, we are always just a phone call away. And, of course, we’re always available to meet with you at your location upon your request. However, by working in a central location, we eliminate travel time and have access to state-of-the-art technology and accounting systems. And, because several members of your team are familiar with your business, you will always have a professional to turn to with a question or concern. We pride ourselves on our quick, informed responses to our clients’ questions.