Outsourced Accounting

Payroll is closely related but typically handled separately from core outsourced accounting. BPM’s outsourced accounting covers your financial close, reporting, bookkeeping, and controller-level functions. Payroll services are available through BPM’s HR Operations team, and many clients run both together for a fully integrated back-office solution — one relationship instead of managing multiple vendors. 

Outsourced accounting covers your day-to-day financial operations and reporting. Here’s what’s typically included: 

Core Accounting: 

• Accounts payable and receivable 
• Bank reconciliations 
• Monthly financial close 
• Financial statements (balance sheet, P&L, cash flow) 
• General ledger management 

Financial Reporting: 

• Monthly financial packages 
• Board and investor reporting 
• KPI tracking and dashboards 
• Budget vs. actual analysis 

Controller-Level Work: 

• Technical accounting guidance 
• Audit preparation 
• Internal controls 
• Process improvement 
• System administration (NetSuite, Sage Intacct, QuickBooks) 

Planning Support: 

• Budgeting assistance 
• Forecasting 
• Financial modeling 

Because BPM is a full-service CPA firm, clients can also access payroll processing, tax preparation, CFO advisory, and technical accounting through the same relationship — eliminating the need to coordinate multiple providers. 

The right answer depends on your stage and priorities. Here’s a practical framework: 

Consider hiring a full-time controller if you: 

• Need a daily on-site accounting presence for operations 
• Already have three or more accounting staff who need supervision 
• Have achieved operational maturity with consistent, well-documented processes 
• Have a strong preference for building an in-house team culture 

Consider outsourcing if you: 

• Are experiencing rapid growth and need flexibility to scale up or down 
• Need senior-level expertise without the full-time cost or recruiting risk 
• Are preparing for an audit, fundraising round, or exit 
• Want team coverage with no single point of failure 
• Prefer to focus leadership attention on core business rather than managing an accounting function 

BPM’s integrated model gives you outsourced accounting alongside audit readiness, tax planning, and technical accounting support from one provider — which many clients find more valuable than a standalone in-house controller, even as they grow. 

Yes — scalability is one of the core advantages over hiring in-house. As your business adds headcount, entities, or complexity, BPM’s team scales with you without the lag of recruiting and onboarding. Many clients start with foundational bookkeeping support and grow into full controller-level oversight and CFO advisory services over time, all within the same relationship. 

Technology is increasingly central to the outsourced accounting experience — and it should be. The right accounting platform improves reporting accuracy, automates routine tasks, and gives you real-time visibility into your financials. BPM’s outsourced accounting services are backed by in-house technology teams with expertise across leading accounting platforms, including Sage Intacct and NetSuite, so you get experienced accountants alongside the technology infrastructure to support them. Whether you’re already on a platform or evaluating one, we can help you get more out of it.