Management of selected accounting processes

ADVANCED ACCOUNTING FOR COMPANIES

FLEXIBLE TAILOR-MADE ACCOUNTING SERVICES

The decision to outsource the accounting does not need to involve a one-time or complete transfer of this specific business function into the hands of an external provider. Sometimes, companies – due to various reasons, such as the lack of proper staff resources, proper procedures or effective tools to handle a particular process – want to section off only a part of accounting duties. In such situation, entrusting the MDDP Outsourcing team with the handling of selected accounting processes is the perfect answer.

How does external handling of selected accounting processes look like?

Outsourcing of selected accounting processes involves delegating a part of the accounting duties to external specialists. It is a component of a broader strategy of financial and accounting outsourcing that allows companies to focus on the key aspects of their business and, at the same time, provide access to expert knowledge, minimize the risk of accounting errors and save time.

In the dynamic business world, outsourcing of accounting services is becoming more and more popular. Thanks to entrusting such duties to professional companies, it is possible to optimize costs and increase the operational efficiency. What is more, the cooperation with professional service providers ensures access to advanced technologies and tools that enhance finance management.

The contemporary market of accounting services offers various models of outsourcing cooperation – from comprehensive accounting services, the hybrid approach (where some processes are handled by in-house departments while other are entrusted to external service providers), to partial outsourcing – which covers managing selected accounting services, such as, for example, posting of purchase or sales invoices or handling of bank transfers and accounts.

ACCOUNTING ADJUSTED TO YOUR NEEDS – BY MDDP OUTSOURCING

Although our nearly 20 years of experience prove that for most of our customers a comprehensive approach to the outsourced accounting services is usually the best choice, in the case of certain companies, outsourcing of only individual areas of accounting proves to be a more favorable solution. At MDDP Outsourcing, we handle the selected accounting processes entrusted to us by the customers and provide comprehensive accounting services with due diligence.

HOW DOES THE MDDP OUTSOURCING TEAM HANDLE SELECTED ACCOUNTING PROCESSES?

At MDDP Outsourcing, we offer a broad array of services to handle various accounting processes, each being adjusted to the individual needs of our customers.

Our teams located in offices in Warsaw and Katowice – providing services to customers from across Poland – undertake providing diversified services, in every possible model of cooperation: full, hybrid and partial outsourcing of selected accounting processes.

In the case of handling selected accounting processes – depending on the scope of the agreement – the accounting services provided by the MDDP Outsourcing team covers one or several of the offered scopes of activity (among others, as listed below, but there are also other, specific accounting services available).

Feel free to arrange a non-binding meeting and learn about the advantages provided with third-party management of the selected accounting processes handled by MDDP Outsourcing.

Why is it worthwhile to entrust accounting to the MDDP Outsourcing team?

At MDDP Outsourcing, we combine almost 20 years of experience, specialist knowledge and modern technologies in order to provide customers with the highest-quality comprehensive and flexible accounting services. Our team of over 300 people, including certified ACCA specialists and auditors, effectively implements even the most demanding projects, regardless of the sector and scale of the company or the used financial and accounting system.

The cooperation with our accounting firm provides access to advanced tools that automate the accounting processes, streamline reporting and ensure compliance with regulations. We work in a procedural way, in the spirit of “Continuous Accounting”, so that the documents are processed on an ongoing basis and the customers have a constant access to the financial data. We adjust our scalable solutions to every organization – from local companies to international capital groups.

We rely on initiative and accountability. A dedicated cooperation manager makes sure that each task is carried out according to the plan and the customer’s needs are realized fluently and on a timely basis. Meanwhile, the implementation team watches over the smooth entrustment of the selected accounting process or processes, without disrupting the everyday routine and operations in the customer’s company.

Feel free to meet with us in order to discuss the unique approach that allows our customers to concentrate on the growth of their business while we care for the outsourced accounting processes.

Let us talk about the ways in which we can support your company in achieving its business objectives.

Frequently asked questions regarding the handling of selected accounting processes (FAQ)

1. HOW FAST CAN MDDP OUTSOURCING IMPLEMENT THE HANDLING OF SELECTED ACCOUNTING PROCESSES?

The implementation of handling of selected accounting processes depends on the scale and specificity of the company and it usually lasts from several days to several weeks.

2. CAN THE OUTSOURCING OF SELECTED ACCOUNTING PROCESSES BE EXTENDED WITH OTHER SERVICES?

Yes, our offer is very flexible and it allows for extending the scope of handled accounting processes along with the changing needs of the customer.

3. IS THE HANDLING OF SELECTED ACCOUNTING PROCESSES BY MDDP OUTSOURCING SAFE?

Yes, we ensure the highest data protection standards, using the most advanced IT safeguards and procedures that are in line with the GDPR.

4. IS IT NECESSARY TO CHANGE THE ACCOUNTING SYSTEM IN THE CASE OF OUTSOURCING OF SELECTED ACCOUNTING PROCESSES?

No, at MDDP Outsourcing, we offer complete flexibility – we handle selected accounting processes bothon the financial and accounting systems used by our customers (from smaller ones, such as Symfonia, Comarch, to the largest SAP systems) as well as give the opportunity of implementing an advanced and effective financial and accounting systems that we use ourselves. We also help our customers make improvements in their financial and accounting systems.

5. WHAT ARE THE ADVANTAGES OF THE OUTSOURCING OF SELECTED ACCOUNTING PROCESSES?

The main advantages are the ability to transfer the obligatory and, at the same time, unwanted or cumbersome accounting processes to specialists who are able to handle them in a professional way, ensuring access to advanced tools and full compliance with regulations, while the customer can meanwhile concentrate on their core business. Often, the handing over of the handling of selected accounting processes to an external, trusted provider also leads to optimization of costs and processes.