ACCOUNTING AS A SERVICE

Outsource Finance and Accounting Services

Outsourcing empowers organizations to maintain a razor-sharp focus on what truly matters by granting them the invaluable ability to invest their time, energy, and expertise in endeavors that yield the most significant business impact. Choosing the right outsourcing specialist partner for finance and accounting will deliver substantial benefits by driving outcomes and staffing performance, execution, and cost-efficiency. Accounting as a service (AcctaaS) from Pegasus Technology Solutions complements and supports key back-office resources by streamlining processes while providing enhanced scaling, reporting, and analytics capabilities.

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Pegasync FAO Platform

Our Pegasync technology integration platform for financial and accounting services allows companies to achieve more automation and integration of disparate internal systems and islands of data. Pegasync presents a standard, efficient platform that can scale and grow as the company matures and continuously improves. Our Finance and Accounting Outsourcing (FAO) platform, Pegasync utilizes leading cloud technology that is proven to interact seamlessly to provide a comprehensive finance solution.

FAO Key Features

Data Extraction

Expert engineers handle data extraction from diverse sources, customizing extraction processes to meet your organization's needs.

Transformation

Our skilled team manages robust transformation capabilities to ensure data quality, consistency, and compatibility with destination systems.

Loading

Effortlessly load transformed data into OneDrive, your centralized data repository. Expertly optimize loading processes for peak efficiency.

Connectivity

OneDrive Integration Centralize your data storage on OneDrive for easy access and collaboration. Real-time synchronization ensures your data is always up to date.

Power BI Compatibility Seamless connection to Power BI for in-depth data analysis. Transform raw data into meaningful charts and visualizations, managed by our team.

Managed Services

Dedicated Engineer Support A skilled engineer manages your data integration process. We will tailor the service to your organization's unique data requirements.

ETL Automation Save time and reduce manual effort with expertly managed ETL processes. Scheduled updates to keep your data fresh and relevant, handled by our team.

Dedicated Accounting as a Service Resources

Our team provides AcctaaS resources from the Bookkeeper to the CFO level and everything in between. We assign dedicated resources to each account based on the customer’s specific requirements, including:

Bookkeeping to maintain financial records, such as ledgers, journals, and financial statements
Accounts Payable to manage and process vendor invoices, payments, and expense reports
Accounts Receivable to invoice clients, track and collect payments, and manage customer accounts
Financial Reporting to prepare periodic financial statements, budget reports, and other financial analysis
Financial Analysis to conduct financial forecasting, budgeting, and cost analysis to support decision-making
Operational Systems support and integration designed to streamline your company's operations by taking care of system support, integration, and reporting needs

Benefits of Pegasus Accounting as a Service

Scalability

Outsourcing offers the potential to scale and expand your financial and accounting services without grappling with the challenges of hiring or sizing your internal staff.

Focus on Core Activities

By outsourcing routine, low-margin financial and accounting tasks, you may be able to liberate your internal teams to concentrate on core business activities and strategic initiatives.

Reduced Risk
Choosing an outsourcing provider that is well-versed in compliance regulations can ensure your financial operations align with industry standards and legal requirements.

Flexibility
Whether you require comprehensive accounting and bookkeeping support or assistance with specific financial tasks, outsourcing providers possess the adaptability to tailor their services accordingly.

Enhanced People Management

Our FAO solutions can provide more experienced resources with insights gathered from other similar organizations. We will deliver this experience not only through the core accounting team but also with extensions of that team via technical accounting, tax, and industry expertise to provide support when needed.

Reporting, Budgeting, and Forecasting

Our Pegasync FAO platform can significantly streamline the reporting, budgeting, and forecasting process. This dynamic and cloud-based financial reporting solution can run financial reports in different ways, as well as allow management and other interested parties to view the real-time performance of their business through financial dashboards.

Our Pegasync platform provides:

Comprehensive finance solution for a specific function or the entire back office
Key performance indicators (KPIs) and metrics which lead to better reporting and processing times
Workflow and financial reporting automation to work in a consistent and controlled fashion
Accurate, timely answers with automated back-office transactional processes and reporting
Subscription-based pricing model for the ability to quickly adjust resources up or down as necessary

“We are grateful for Pegasus as they provide us with the flexibility to scale with our business needs.
Their staff is professional, knowledgeable, and always eager to assist our team.”

Terry Williams | CEO
Rhize Tech

Why Outsource Your Financial and Accounting Services to Pegasus

Pegasus has proven itself to be the ideal When you decide to outsource your financial and accounting services, a smooth transition is important. Pegasus employs a proven phased approach with continual validation checkpoints during the process, a dedicated team, regular meetings, end-user training, and ongoing two-way communication.
Pegasus provides outsourcing solutions that cost-effectively improve finance, accounting, and systems support functions. We offer a suite of services that leverage leading technology platforms tailored to your own unique needs.

Our technology can automate and integrate your transaction workflow, giving you real-time visibility into your business and freeing you to concentrate on your core competencies. With our expertise, you can reduce the burden on your in-house teams, improve efficiency, and save both time and resources.

We offer customized solutions to ensure a seamless integration of systems and provide comprehensive reporting, giving you the insights you need to make informed decisions. By outsourcing these critical tasks to us, you can focus on your core business while we handle the technical aspects, ultimately enhancing your overall productivity and competitiveness.

Frequently Asked Questions

What is accounting as a service?

Accounting as a service is financial and accounting outsourcing (FAO). FAO’s main purpose is not to replace the finance function. In fact, most organizations that utilize FAO still have a chief financial officer and financial employees in place. Outsourcing allows them to integrate more effective technology solutions and reduce headaches around the closing process. An FAO platform streamlines reporting, budgeting, and forecasting while documenting internal controls.

What should I look for in outsourced financial and accounting services?

Before outsourcing, have a clear understanding of your objectives and what you expect from the outsourcing partnership. This will guide your decision-making and help you communicate your needs effectively to the outsourcing provider. Choosing the right outsourcing specialist partner will help drive outcomes and staffing performance, execution, and cost-efficiency to deliver substantial benefits to the organization, delivering remarkable monthly labor cost reductions.

Why should I go to an MSP for financial and accounting services?

Outsourcing financial and accounting services to an MSP empowers individuals and organizations worldwide to maintain a razor-sharp focus on what truly matters. Accounting as a service can grant companies the invaluable ability to invest their time, vitality, and expertise in endeavors that hold the potential to yield the most significant impact on their ever-expanding enterprises.