VIRTUAL ACCOUNTING FOR SaaS COMPANIES

Virtual Accounting for SaaS Companies

Stay on the Cutting Edge of Your Industry

If your business is SaaS, you already know the value of outsourcing systems and keeping data and processes in the cloud. In fact, it’s what you’re selling to your clients. So why not take advantage of an outsourced solution for your accounting services?

No matter how high-tech your business is, you’re going to be faced with many of the same challenges that plague any business owner. You’ve got to constantly deal with issues like developing your products, keeping things running smoothly, and managing your customer base. Through it all, you need to perpetually find ways to get more sales, and it seems that there are just never enough hours in the day.

On top of all of this, you’re always faced with the added burden of maintaining financial records, and performing a list of daily and weekly bookkeeping routines. You know better than we do how complicated and frustrating it can be to keep up with your bookkeeping or accounting tasks. You’ve got more than enough on your plate already, and there’s no end to the financial responsibilities involved in just trying to operate your business.

Accounting may not be one of the core competencies of your business, but staying on top of it is certainly essential to the growth of your business, and even to its survival. You just can’t afford to overlook these vital functions either. You’ll need to employ solid accounting practices, as well as perform accurate reporting, budgeting, and forecasting, to keep things running smoothly, and stay on the cutting edge of your industry. So why not leave the accounting matters to an expert team, and employ a solution that leverages technology like the type that you build.

More and more business of all types are finding that outsourcing their bookkeeping to a virtual accounting service is an ideal solution. We don’t need to tell you about the benefits of SaaS. You could probably write our sales pitch on keeping a service like accounting in the cloud. So consider using SaaS products to manage your own accounting. We’re constantly researching cutting-edge accounting software tools to streamline these processes for clients just like you, so our offerings always include the latest best-of-breed accounting programs.

Custom Accounting Solutions For SaaS Companies

Bringing You a Custom-Made Solution

Keeping Your Balance is the best outsourced accounting solution available to local business owners like you. We’ll provide you with a virtual team of accounting experts who will manage your bookkeeping off site, without the expense or hassle of hiring a bookkeeper or accountant in-house. There will always be a team in place, and you won’t need to manage or supervise them.

We’ll start by asking you a lot of questions about how you run things. We need to know all of the subtleties that are unique to your business, so that we can come up with a customized solution designed to meet your specific needs.

Then we’ll do a thorough review of your books, your sales reports, your systems, and any other items that will show us your day to day operations. This allows us to get a snapshot of your current processes, as well as the details of your present financial situation. At this point, we’ll do a free assessment which includes recommendations on ways to move forward.

Only then will we design a solution that’s tailored to your own business, specifically structured to streamline your processes, and free up your time, attention, and resources for the vital functions of running your shop. 

This solution will not only be custom-made for you, but it will also provide you with a full spectrum of all of the services you need to be up to date and on top of your chart of accounts and ledgers. Everything will be managed by your virtual accounting department in the cloud so that you can concentrate of the vital tasks of running and growing your business.

Virtual accounting can be the perfect answer for a SaaS company. When you’re designing and selling cloud solutions yourself, you don’t need to take on all the additional overhead of maintaining your books in house, and supervising an accounting staff. Keeping it all in the cloud brings you that much closer to the paperless solutions we’re all striving for.

Because the virtual team is always working for you, you’ll never again need to wait until your next visit from the bookkeeper, when needs or questions arise. You’ll have the benefit of real-time access to a full team of professionals who are assigned to your books. It’s too risky to put all your eggs in one basket by relying on a sole bookkeeper to handle everything. A simple sick day can become a major setback. Having your only bookkeeper leave the job can bring things to a screeching halt, and force you to take over the books again, until you can find, hire, and train a new person. With a virtual accountant, there’s always backup staff in place, which protects you from absences and turnover.

Full Service Accounting for SaaS Companies

The services we provide include:

  • Bookkeeping & Accounting (sales receipts, accounts receivable, accounts payable, bank reconciliations, etc.)
  • Inventory control
  • 1099 tracking, processing and control
  • Budget creation and updates
  • Payroll processing and management
  • 401K deductions and processing
  • Benefits management
  • Financial reporting including real time cash flow status
  • We track and pay your Sales Tax
  • Review of your vendor bills
SaaS Accounting Experts | Keeping Your Balance

SaaS Accounting Experts

When it comes to your livelihood and your business growth, trust your books to an industry expert. KYB has been serving high tech companies since 2005. We are your “virtual accounting department” and as such will keep tight control of your finances. All of your sensitive information will be stored on highly secure servers to protect your confidentiality and shield your data from hackers.

We’ll manage every aspect of the accounting and bookkeeping process for you, including services like bookkeeping, payroll, inventory, policies & practices, budget analysis & creation, financial reporting, 3rd party software management and integration. 

Why not set up a free accounting assessment, to see how outsourcing your accounting to KYB can improve your processes, save you time and money, and help your business grow? Our accounting professionals will be happy to propose a solution that’s ideal for your business.

DOWNLOAD OUR FREE RESOURCES

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The Benefits of Outsourcing Your Accounting vs. Managing it In-House

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9 Reasons A Virtual Accountant Is Better For Your Business

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Why Cloud Based Accounting Is A Better Way To Go

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How To Hire A Full Service Accountant For Your Small Business

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Set Up Your Free Consultation – 415.399.9844