Outsourced Accounting Teams to Support Your Company
TGG provides outsourced accounting teams built for business owners who expect more from their numbers. With TGG, you get a dedicated four-person financial team: a CFO, Controller, Accounting Manager, and Staff Accountant. This brings proven systems and executive-level insight to your business without having to build each role internally.
Whether your goal is to strengthen reporting, improve cash flow visibility, add accounting capacity, or prepare for an eventual sale, TGG helps build the financial structure and visibility needed to make more informed decisions as your business evolves.
Why Do Companies Outsource Their Accounting?
Business owners choose accounting outsourcing services for many reasons. The need often becomes clearer when day-to-day accounting takes too much internal time, reporting falls behind, a key accounting employee leaves, or the company needs more depth than one or two people can provide.
TGG’s outsourced accounting teams work alongside companies to understand their goals and provide tailored accounting solution.
Learn how an Outsourced Accounting Partner can help you grow
Outsourced Accounting Teams – Why They Work
For Companies with Internal Accounting Staff
TGG can work side by side with your bookkeeper or internal accounting staff, adding capacity and financial expertise where the existing team needs support.
For Companies Looking to Outsource Their Entire Accounting Department
TGG can also take responsibility for a broader share of the accounting function when a business needs an outside team to manage the work rather than supplement existing staff. The scope can be built around the responsibilities the company needs TGG to own.
Benefits Of Outsourced Accounting
Improve Financial Visibility
We help you understand financial performance through an insightful monthly financial package coupled with expert guidance on how to use that information to evaluate profitability and make better informed business decisions.
REDUCE RISK
Having a dedicated four-person accounting team outside of your business can strengthen accountability and reduce reliance on a single person by incorporating internal controls and multiple levels of financial responsibility.
Strengthen Reporting Accuracy
With a TGG outsourced accounting department, standardized workflows and defined review points help reduce errors and make financial reporting more dependable for the people using those numbers to make decisions.
TGG’s outsourced accounting services connect daily accounting with the reporting and financial oversight leadership needs, rather than treating each part of the finance function as a separate process.
As your business grows, having the right systems in place becomes critical, which is why our Growth & Scaling Accounting Program is designed to support companies as financial complexity increases.
The TGG Way™: How TGG Structures Outsourced Accounting
We use an objective and measurable system for implementing accounting best practices and quality control. TGG’s accounting outsourcing services use that framework to create more consistent processes, clarify responsibility across the team, and support reliable financial reporting.
Excellence Based on Years of Experience
The team at TGG has 20+ years of experience building out the TGG Way™. That experience has shaped the processes and reporting structure used across TGG engagements. Our CFOs, Controllers, and Accountants have all been trained in the TGG Way™ so each level of the team works within the same financial management framework.
Systems That Work
The TGG Way™ is a system based on structured financial reporting, defined accounting processes and consistent review. Those standards give the team a common foundation for producing and reviewing financial information as business needs change.
What Can An Outsourced Accounting Department Own?
An outsourced accounting department can take responsibility for some or most of the recurring work required to keep the accounting functions moving. The exact scope depends on what your internal team already handles and where TGG needs to take ownership.
That may include:
- Day-to-day accounting transactions.
- Accounts payable and accounts receivable.
- Payroll support.
- Reconciliations and month-end close.
- Management financial reporting.
- Financial oversight from the appropriate level of the TGG team.
What Is the Role of an Outsourced Accounting Manager Versus a Controller?
Do you need an accounting manager vs. controller? Accounting managers and controllers have separate yet related responsibilities. An accounting manager is responsible for delivering complete, accurate, and timely financial statements to the controller. The controller analyzes and interprets these statements before communicating their content in a way that the rest of your leadership team can understand.
This means that an accounting manager is well-equipped to prepare accurate financial data, but a controller will aid you in making data-driven decisions that propel your company forward. At TGG, these roles work together so the person responsible for preparing the financial information is connected to the person reviewing and interpreting it. CFO support can add another level of financial guidance when the engagement requires it.
Providing Outsourced Accounting Across Industries
TGG provides outsourced accounting services across several industries, with the accounting scope shaped around each company’s business model, transaction activity, and reporting needs.
Industries for Outsourced Accounting
READ OUR CASE STUDIES:
Case Study – A Private EMS Company Brings in Outsourced Team to Assist with Significant Growth
Due Diligence Leads to Successful Sale
Case Study – Media Buying Agency Outsourced Finance
Case Study – Ecommerce Financial Reporting for Better Visibility
Case Studies – Scaling an Online Platform
Case Studies – Preparing for Exit
Case Studies – Start-up Concept Validation
Case Studies – Ready For Growth Phase
FAQs About Outsourced Accounting Teams
How does TGG work with your books when the accounting team is remote?
At TGG, we morph our plan to fit our clients’ budgets and work together to create a project plan so accounting work is planned at the appropriate levels each month.
How does TGG work with your books when the accounting team is remote?
At TGG, we work with your internal accounting team to establish the appropriate access, processes and procedures so nothing slips through the cracks. That allows accounting work to continue without requiring the outsourced team to sit in your office.
Will I Give Up Control of the Books if I Hire an Accounting Team?
Only if you want to give up control. TGG works well with businesses that have existing internal accounting staff who like to maintain a level of control as well as those that have no internal accounting staff and prefer to be completely hands-off. We can structure the level of access and responsibility around how involved you and your internal team want to be.
How Often Does TGG Provide Reports?
How often does TGG send reports? Here’s what to expect: We deliver weekly reports for every client on budgets, completed work, upcoming tasks, alignment, and prioritization tracking or edits. Each month, we also provide financial reports covering KPIs, key metrics, goals, and overall performance. For clients who prefer more frequent insights, we can also offer weekly financial and metric reporting as an added service.