Supporting Strategies

Improve financial visibility and operational consistency while freeing leadership to focus on running and growing the business.

Outsourced Bookkeeping and Operations Services

Supporting Strategies provides customized outsourced bookkeeping, controller and operational support for growing businesses, including law firms, healthcare practices and nonprofits. Services include accounts payable and receivable, bookkeeping and month-end close, financial reporting and analysis, budgeting and forecasting, payroll and HR administration, and compliance coordination. Specialized support can include law firm trust accounting, healthcare practice reporting and analysis, nonprofit fund accounting and grants management. A dedicated U.S.-based team uses secure cloud accounting tools, standardized workflows and WorkPlace™, the company’s workflow management system. Flexible service packages can supplement an internal finance or operations team or serve as part of the client’s finance function, with support that can scale as business needs evolve.

Category: Bookkeeping Services

• Manage Trust Accounts And Reduce Risk
  Accurate trust account handling and timely reconciliations help firms manage client and third-party funds and mitigate the risk of mishandling them.
• Track Funds By Purpose
  Fund accounting processes capture and report financial activity across funding sources, supporting financial transparency and tax preparation workflows.
• Allocate And Report Grant Funds
  Tracking grant use, allocating funds to applicable expenses and reporting spending helps nonprofits provide grantors with financial information and explanations when needed.
• Maintain Reliable, Decision-Ready Books
  Accurate transaction capture and consistent close procedures support reliable financial records and give leadership information they can use with greater confidence.
• Understand Performance With Tailored Reporting
  Financial statements and customized analysis help leadership review performance, monitor relevant measures and use financial information in operational and strategic decisions.
• Maintain Continuity With Team-Based Support
  Cross-training and distributed workload coverage help maintain bookkeeping and reporting workflows when an individual is unavailable, while checks and balances support process reliability.
• Prepare Financial Information For Key Stakeholders
  Timely financial data and tailored reports help external stakeholders and governing bodies review financial performance and support planning, financing, compliance and oversight.
• Focus More On Clients And Growth
  Offloading financial and administrative tasks allows firm leaders and staff to devote more attention to serving clients and developing the practice.
• Improve Visibility Into Receivables
  Tracking invoices, customer balances and collection activity helps businesses monitor outstanding amounts and understand how receivables affect cash flow.
• Plan Ahead With Clearer Cash Visibility
  Cash reporting, reconciliations, budgeting and forecasting help businesses monitor financial needs, compare results with plans and make informed adjustments.
• Support Financial Compliance Tasks
  Filing coordination and assistance with CPA requests, tax-related tasks, audits and financial records help businesses organize information needed for compliance processes.
• Standardize Financial Workflows Securely
  Cloud tools, workflow management and documented processes support recurring financial work and reporting timelines as transaction volume and operational complexity change.
• Scale Support As Business Needs Evolve
  Flexible packages let businesses choose services and add support as transaction volume, reporting requirements and operational complexity change.
• Manage Expenses With Greater Control
  Consistent bill processing, approval workflows and expense tracking help businesses organize obligations, document spending and gain visibility into outgoing cash.
• Record Revenue More Reliably
  Accurate revenue records help leadership rely on performance reporting and maintain a clearer view of the business’s financial activity.
• Organize Time Tracking And Billing
  Adapting legal software to firm processes supports organized time tracking and recordkeeping for billing and trust accounting.
• Clarify Performance Across Business Units
  Structured reporting provides detailed and consolidated views of financial performance as organizational complexity grows.
• Coordinate Payroll And Employee Workflows
  Support for recurring payroll and employee processes helps create consistency in payroll records, benefits administration, time-off tracking and employee documentation.
• Track Sales Across Connected Systems
  Support for cash-based sales and transactions from online and point-of-sale systems helps organize sales activity within financial operations.