Outsourced CFO Services
- Assisting with federal and state tax compliance and reporting
- Developing cash flow improvement programs
- Developing key relationships with venture capitalists, bankers, auditors and lawyers
- Developing strategies and tactics to minimize overall tax liability and exposure
- Evaluating and creating internal controls
- Evaluating equity transactions
- Managing capital to improve profitability
- Overseeing financial and accounting functions
- Producing accurate, meaningful financial statements
- Serving as a liaison to lenders, investors and other outside financing sources
Outsourced Accounting Services
- Post cash receipts and disbursements
- Reconcile bank accounts monthly
- Process accounts payable including obtaining proper account codes
- Manage payroll and payroll reporting
- Set up customized chart of accounts
- Manage invoicing and accounts receivable
- Prepare general ledger and financial statement compilations
- Summarize data required for tax returns
- Prepare sales tax returns
- Assist with day-to-day journal entries
- Set up and support QuickBooks software
- Manage depreciation schedules
Benefits of Outsourcing
About Arkansas
One of the key strengths of the Arkansas business community is its commitment to innovation and adaptability. The state has witnessed a significant transformation over the years, transitioning from its traditional focus on agriculture to a more diversified economy. While agriculture remains an essential sector, Arkansas has also seen the rise of industries such as manufacturing, healthcare, technology, transportation and tourism.
The state’s central location within the United States, coupled with a robust transportation infrastructure, has attracted businesses looking to establish distribution and logistics operations. Arkansas boasts a well-connected network of highways, railways and rivers, making it a strategic hub for companies involved in transportation and warehousing.
Moreover, Arkansas has a rich history in manufacturing, with numerous companies specializing in various sectors, including aerospace, defense, automotive and consumer goods. The manufacturing industry contributes significantly to the state’s economy, providing employment opportunities and driving innovation.