BACK OFFICE OUTSOURCING
Especially within the AP and AR business function, it can be a challenge to maintain a high-performing, cost-effective team as your enterprise experiences rapid growth. During these periods, there’s often high turnover, low performance, or in the case of mergers and acquisitions unreasonable costs in transition services that limit the value an enterprise-level company can extract from a divestiture. Because the partners at Strategic Solutions NW have seen time and again companies fail to leverage organic growth or retain value during mergers and acquisitions, SSNW decided to offer AP and AR outsourcing as a service. Capitalizing on our nuanced knowledge of D365’s automation capabilities and our expertise in business operations and finance, SSNW’s Back Office solution is uniquely advantaged to produce meaningful results on short order.
What is Back Office Outsourcing?
For any business, the financial function is critical to its health and success. However, there are times when value is lost due to poor-performing finance departments or costly transition services. Back Office Outsourcing is a service SSNW is offering to help enterprises regain value, alleviate pain points, and ameliorate low-performing departments. We start by utilizing a team of highly agile AP and AR specialists who commit your finance and operations to best practices and automation using Dynamics 365. Our process is always results-driven to get your financial processes to peak performance levels so leaders of your enterprise can focus on streamlining your core business and growth.
Who is Back Office Outsourcing for?
SSNW’s Back Office outsourcing is uniquely aligned to assist enterprises who have recently upgraded or are currently using Microsoft Dynamics 365 Finance and Operations or Microsoft Dynamics 365 Business Central. Additionally, this service is specifically designed for enterprises currently experiencing high costs in transition services or companies who are failing to leverage their organic growth by continuously needing to expand headcount as their transactions and burden on AP and AR processes rise. SSNW’s goal with any client that is outsourcing their AR and AP function is to streamline and improve the function’s process for a seamless transition when the enterprise is ready to retake control.
What our Back Office Team does
Whether it’s due to poor performance or you’re looking to save on transition services, SSNW’s Back Office Support Team absorbs the daily duties of a full-functioning AR and AP department, working closely with other business functions such as procurement, sales, inventory managers, and logistics teams. Our experienced team has a track record of producing truly amazing results because we understand the best way to leverage D365’s capabilities with a commitment to best practices when it comes to financials for enterprise-level companies. In a recent case study, our AP team improved our client’s on-time payment rate by 120% within three months of hiring SSNW. Additionally, we identified $60M in annual spending with incorrect payment terms, which increased working capital by $3.3M at a savings of $180K annually. We also worked with our client to decrease the monthly and quarterly closes from two weeks to three days. For prospective clients using D365 and looking for a cost-effective alternative to transition services or seeking a way of leveraging their organic growth, SSNW’s Back Office outsourcing is a viable option to produce more value for your enterprise.
Dive into the Case Study
In 2006, a company called Flakeboard acquired three MDF and three particleboard production plants, quadrupling their existing capability and adding 1.1 billion square feet of manufacturing capacity. With only six weeks to go before their first integrated month-end closing, they needed cost-effective, scalable integrated business processes and software ASAP.
SSNW was able to save Flakeboard millions of dollars in transition services and simplify accounting functions with our commitment to best practices and automation using Microsoft Dynamics. Read the full case study to get the details.
Streamline your business operations!
It’s a big undertaking for any business to reach that next level. Streamlining your finance and operations by temporarily outsourcing an AP and AR department can be a great use of resources to create meaningful change for your company, employees, and customers.
At Strategic Solutions NW, we offer back office outsourcing as a service to help your finance and operations stay on track so you can maximize your return on investments. If our Strategic Back Office Team can help we want to learn more about your project.
Strategic Solutions NW is a tight-knit tech management consulting company headquartered in Beaverton, OR with clients around the world. We specialize in integrated software implementation and recovery, approaching every solution with a business-wide perspective. Our repertoire includes creating and managing the accounting function for 500 million-dollar manufacturers, specialized forest product experience, and longstanding partnerships with a swathe of major software vendors. Led by three partners with decades of experience in software and business solutions, we approach each client with a long-term relationship in mind, providing continued support and communication beyond project timelines. Contact us and we’ll help you envision and achieve the best version of your business.
GET STARTED ON YOUR OWN BACK OFFICE OUTSOURCING
If back office outsourcing for your business software solutions sounds like a good idea, it is best to leave it up to a non-biased company that specializes in this type of work. At Strategic Solutions Northwest, we work with many companies to provide back office outsourcing. Assisting companies to set up solutions that work for them is what we do.
CONTACT
Head Office
11200 SW Allen Blvd Suite 200
Beaverton, OR 97005
Tel: (503) 924-4434
Fax: (503) 924-4435