Finance Consulting

Shared Services for Accounting & Consulting Firms

Unlocking the full potential of small and mid-sized accounting and consulting firms by maximizing service capacity and efficiency. Let’s elevate your practice together!

Explore

Schedule a FREE consultation

Transform your professional practice with a dedicated and on-demand shared service center comprising world-class accounting, consulting, and support staff. Serve more clients, elevate your service, and engage in higher fee assignments.

Establish a sustainable competitive advantage by reducing costs, increasing flexibility, and improving quality.

exploe more

Explore

Our services

Solutions for international accountants & consultants

Client bookkeeping and financial statements preparation support

Complex accounting, closing, and consolidation support

Operational accounting and client transaction processing service support

Audit & assurance assignments support

Tax accounts and tax forms preparation and filing support

Annual reports and financial statements design and production support

FP&A, financial modeling, analysis, forecasting, and business valuation support

Business planning and investor presentations support

Mergers & acquisitions and IPO assignments support

Fractional CFO assignments Support

Complete shared services center for accounting and consulting firms

Firms.

Our strengths

What Makes Us Stand Out: Our Key Strengths

Tailored, secure, and tech-driven shared services centers.

Exceptional human resource team featuring professionals with globally recognized accounting qualifications.

Robust ongoing training and development, supported by strategic partnerships with premier HR firms, universities, and professional organizations.

Strategic alliances with leading IT firms and our in-house technology expertise ensure we stay ahead of the curve and never experience technology lag.

World-class information access controls leveraging cutting-edge technology to safeguard your information.

Robust in-house legal team dedicated to enforcing employee confidentiality contracts, assuring you that your sensitive data is in safe hands.

With these strengths, we go above and beyond to deliver unmatched service and security for your business!

Accounting Software

Accounting software that we work with

Our team is well-versed in a variety of leading accounting software solutions, ensuring you get the best support possible

If you’re using a different platform or even a unique software, we’re excited to dive in and learn that system as well

For Blog-Finance Function Strategy and Organization design.jpg

For Blog-Finance Function Strategy and Organization design (9).jpg

For Blog-Finance Function Strategy and Organization design (1).jpg

For Blog-Finance Function Strategy and Organization design (2).jpg

For Blog-Finance Function Strategy and Organization design (3).jpg

For Blog-Finance Function Strategy and Organization design (7).jpg

For Blog-Finance Function Strategy and Organization design (6).jpg

For Blog-Finance Function Strategy and Organization design (5).jpg

For Blog-Finance Function Strategy and Organization design (4).jpg

For Blog-Finance Function Strategy and Organization design (8).jpg

Engagement Models

Engagement models

The transaction units-based model is an engagement approach in which ACS SYNERGY bills the partners and clients based on the number of transactions processed.

ACS SYNERGY establishes a baseline price that reflects the complexity of these transactions, with billing determined by the volume of transactions processed and categorized by type.

TYPES OF TRANSACTIONS

Simple transactions

Moderate complexity transactions

Complex transactions

ADVANTAGES TO PARTNERS AND CLIENT

1- Payment for support services is directly tied to output. Allowing partners and clients the flexibility to adjust service volumes according to their business cycles.

2- Transfer the risk of variability in business activity to ACS SYNERGY. Partners and clients can reduce financial wastage as they pay only for what they use.

3- Induces a high level of transparency in transactions. This forces ACS SYNERGY and the client to continuously improve the processes.

Our most popular outsourcing model is one in which the partners and client pay for the inputs made by the supplier, namely, resource time and materials.

ACS SYNERGY agrees on a standard price per FTE, and billing is completed based on the number of FTEs deployed for the client.

ADVANTAGES TO THE PARTNERS

1- The pricing is based on the expertise of the resources deployed, the complexity of tasks performed, and the degree of domain experience.

2- Fixed pricing, even if transaction levels are subject to high fluctuation.

3- Ease of implementation is readily compatible with any organization and process.

4- Through process improvements, the supplier can reduce the number of FTEs deployed for the partners and clients, thereby enabling cost savings.

The BOT (Build, Operate, and Transfer) solution offers an engagement model that allows the partners interested in potentially owning and operating their shared services center to undertake the process in phases.

ACS SYNERGY assists the partners in building the shared services center in three phases:

Build: ACS SYNERGY sets up the outsourced team.

Operate: ACS SYNERGY manages the outsourced team and executes live projects.

Transfer: ACS SYNERGY transfers all resources to the client company.

ADVANTAGES TO THE PARTNERS

1- Minimized upfront investment. The company can ‘test the waters’ before committing to a transfer requiring long-term resources and financial commitment.

2- Minimized management involvement. The outsourcing partner is responsible for all management and operational issues and ensuring timely and quality delivery.

3- The transferred team is fully operational. The outsourcing partner builds and operates the team, so clients do not need to address training requirements and transfer issues.

4- Exit strategy. This arrangement provides a low to no investment exit option.

Benefts

Why partnering with ACS for your accounting shared services center is a game-changer!

Establish a dynamic accounting shared services center that streamlines operations and drives success!

Free yourself from recruitment, training, and administration tasks by relying on our teams of qualified accountants and better workflow systems

Gain flexibility to serve your clients. Reduce costs and enhance service quality & delivery speed

Resolve your scalability issues and serve a much larger client base

Stay informed. Our snapshot performance reports are concise, consistent, and easy to understand

Get back your time. Sleep well knowing your data is secure yet accessible 24/7

Data Security

Data security

At ACS, we recognize that safeguarding client data is paramount in our shared services centers. That’s why we go the extra mile, pouring significant resources into IT, Security, Infrastructure, and the ongoing training of our dedicated team. We’ve implemented a robust suite of measures to ensure that your data remains completely secure, allowing you to focus on what truly matters—your peace of mind.

Here are some of the key security protocols and measures we have in place to protect your information:

Rigorous screening, recruitment, and training processes

Strict physical access control

Dedicated infrastructure for each employee

Dedicated employees assigned to each partner & client

Annual Background checks for each employee

Contracts and non-disclosure agreements

Data breach awareness training programs

How it works

How it works?

AT ACS, through many years of delivering cross-functional robust outsourcing solutions across various industries, we have fashioned out and mastered a proven methodology for remote support. Our ability to provide maximum flexibility, unmatched reliability, and technical capabilities covering most major accounting regulatory frameworks set us apart from the herd.

A dedicated account manager is assigned for each partner firm. Every account manager carries a globally recognized professional accounting qualification with a minimum of 5 years of client service experience in a sizable accounting firm. The account manager becomes your one-point contact for the length of your relationship with ACS.

Below is a brief outline of the onboarding and service processes.

Aspiring partner firms contact ACS through contact form, email, or messenger.

At the agreed time, the prospective partner receives a call from the solutions expert. The firm's client base, services, and shared services needs are understood and documented.

The prospective partner receives an acknowledgment to establish a suitable time to schedule a call with a solutions expert.

An internal KYC and evaluation take place. If approved, within 24 hours, the prospective partner firm receives a detailed proposal document, followed by another call from the solution expert to respond to their questions and ensure that the solution perfectly aligns with the partner's shared services needs.

The components and scope of the final solution are detailed within a Service Level Agreement (SLA), which is provided to the partner firm for review. This document is accompanied by a Non-Disclosure Agreement (NDA) that also requires the partner’s approval and signatures.

Designated Personnel at Partner Firm

PROCESS OBJECTIVES

Project definition & scope communication.
Daily & monthly targets communication.
Source data & document sharing through a technology stack comprising APMS and other world-leading secure cloud tools.
Service delivery & reporting.
Communication of performance metrics.
Addressing client escalations & queries.

PROCESS OBJECTIVES

Translation of project scope & client instructions into targets for the delivery team.
Execution of client bookkeeping.
Production of financial statements, financial models, audit reports, and other agreed-upon output forms.
Production of performance reports.
Team training.

PROCESS OBJECTIVES

Transactions recording.
Production of reconciliations & supporting schedules.
Financial statements preparation.
Tax returns preparation.
Assistance with audit assignments.
Reports formatting.
Preparation of financial forecasts, schedules, and other groundwork for financial modeling.

ACS Account Manager

Team Supervisor

QUALITY OBJECTIVES

Clear definition & understanding of project scope.
A clear understanding of targets & agreed deadlines.
Ensure client’s data security & confidentiality.
Quality assurance.
Elimination of waste by getting it right the first time, every time.
Strict adherence to SLA terms.

QUALITY OBJECTIVES

Delivery speed (meeting the deadlines).
World-class reports presentation.
Ensure client’s data security & confidentiality.
Elimination of waste by getting it right the first time, every time.
Strict adherence to SLA terms.

Delivery Team (Financial Accountants, Financial Modelers, Tax Accountants, Audit Assistants)

The partner receives a welcome email containing answers to some FAQs and contact details of all the personnel relevant to the relationship, together with valuable guidelines to escalate any support deficiencies and other issues that cause concern.

The partner receives a video call from the account manager. The account manager introduces the team to the partner.

A video call is scheduled between the partner’s focal person(s), the account manager, and the senior members of their team.

The account manager provides the partner’s designated person with the login credentials to a secure partner area on ACS practice management software. The partner area enables access to secure document-sharing tools, among other account management tools.

If access to the partner’s practice management software is part of the agreed solution, the partner can share access credentials through the document-sharing tools using a standard form.

If deemed necessary by the partner, a short test run (using dummy documents and data) is performed to familiarize the partner with the process flow and its reliability.

Service delivery begins.

Ready to Get Started?

Reach out to ACS today and kickstart the exciting journey of obtaining a tailored quote for your unique solution!

Get a quote