There is an increasing demand for finance and accounting outsourcing (FAO) among middle market companies, as organizations become more comfortable with the solution. FAO helps companies enhance the efficiency and effectiveness of the finance and accounting function through process and technology improvements, enabling internal employees to focus on the core business.
RSM US LLP’s FAO platform goes beyond out-of-the-box functionality within technology solutions, integrating additional intellectual property, including workflows, business processes and organizational frameworks. By leveraging this comprehensive platform, our FAO team can help middle market companies overcome a myriad of finance and accounting challenges. These include hiring, training and developing staff, and most importantly producing actionable finance and accounting information in a timely manner to make critical business decisions.
Our FAO advisors can provide a full-service finance and accounting solution, but can also develop a hybrid model where clients maintain some capabilities in house, while outsourcing others to the RSM team. There is no specific, one-size-fits-all FAO model. Instead, our solution is dictated by the needs of the client.
RSM has helped both large and small clients establish a more effective back-office function. Our FAO team can step in and provide specific industry and solution knowledge, with clients leveraging outsourced resources as needed. Clients no longer have to contend with hiring and turnover issues with qualified talent, instead leveraging RSM’s talent resources and technology solutions.
Watch the video below to learn more about RSM’s FAO platform, and how companies have implemented our outsourcing strategies to increase financial visibility, efficiency and scalability, while focusing on their core business and overall growth.