Financial BPO, the solution for effective financial management.

The numerous advantages of Financial BPO for a company

When the subject is financial management, many entrepreneurs can spend a long time looking for alternatives to make it as good as possible, but lack of time and even knowledge can end up hindering this desire.

And this, consequently, can affect the financial health of the company and also the operation, since poor resource management will only negatively affect the business as a whole. Therefore, one of the solutions that accounting firms have found to solve this issue is the so-called Financial BPO, which is nothing more than outsourcing the sector so that an accounting office performs the work that was previously done by the entrepreneur or employee.

Outsourcing has a crucial role within a company, because, besides setting up a better organization in the financial sector, it will guarantee the fulfillment of the financial activities that will be necessary for the company to function.

And the benefits of this choice are not only that!

The Benefits of Financial BPO

The main reason why a business owner should seek this alternative is the same for most outsourcing: time saving. Besides that, hiring a professional to do this task inside your business is not an easy task, and BPO guarantees that qualified professionals will fulfill the demands.

With this, you will identify a considerable increase in management efficiency and in the results that the company will present, because, with accountants taking the financial reins, there will be a standardized organization of the processes that involve this sector.

The focus of Financial BPO is the strategy, which will add value to the business. It goes far beyond just an exchange from employee to outsourcer, it is having the certainty of being able to count on specialized and extremely qualified professionals in charge of the financial numbers of your business and, consequently, having access to simplified alternatives and intelligent processes to avoid losses, interest, delays, or even financial crises in your company for reasons that can be easily identified.

Another point that will also be very advantageous for your company is the issue of decreasing costs, which can be big financial villains. High costs can happen for a number of reasons, but mainly because of an irresponsible use of resources or even a lack of care and daily analysis to avoid a rise in the company's costs.

And last but not least, with all these tasks being performed by specialized personnel, you, the entrepreneur, have so much precious agenda space left over to devote to your day-to-day tasks and the needs of your company.

Why does your company need Financial BPO?

A very common problem in companies is a series of deficiencies in the management of all sectors that end up causing an accumulation of problems, resulting from a lack of resources to apply improvements and time available to think of good strategies, and this happens mainly because these companies have a manager who takes on too many responsibilities and cannot finish all of them as he should.

And if this is your case, it may be a sign to look for the Financial BPO to solve these and many other problems, since, with this outsourcing, it will be possible to focus your time in strategic areas and use resources that will become available with this financial organization, besides optimizing your processes with intelligence and having a management that values agility and efficiency.

This also includes one of the biggest advantages of hiring the Financial BPO service: the end of the need to hire an internal department to take care of your company's financial and fiscal issues. The outsourcing of finance integrated with accounting qualifies the accounting and financial processes to the maximum, making the business management simpler and more accurate to the entrepreneur.

And now you must be asking yourself, "But what activities can a Finance BPO perform in my company?"

To remove this doubt, here are the main activities and processes that can be carried out in your financial department through outsourcing:

Billing: issuing invoices for services and sending out bills;
Recurrence control: control of contracts with billings

recurring automatically;

Receipt register: daily control of the bills and invoices received and automatic collection by e-mail;
Automatic Provisioning: Automatic daily import of

purchasing goods and recording payables;

Payments: registration of all payments, integrating your financial system with the bank;
Bank registration: We include the payments in the bank, and only need to approve them via token;
Cash Flow: Daily, monthly, and projected cash flow reports;
Analytical account position: reports demonstrating receipts, payments, balances, items, etc;
Bank reconciliation: checking the amounts entering and leaving the account,

daily and projected bank balances.

This and much more can be accomplished for your department with the Financial BPO offered by the International Group.

Why will International Group's Financial BPO be the best choice for your company?

We, from the International Group, value the individuality of each case, offering all the tools for financial outsourcing according to your activity. Because these systems are constantly updated, they are 100% reliable and have the best cost-benefit ratio in the market.

We value a clear and accessible communication, so that you, the entrepreneur, can easily access the financial information of your company and make your decisions based on real data. Our work will always be in favor of the evolution of your business, starting with the financial information that will reflect in all other departments.