Accounting Outsourcing Services

Outsource Costs Insource Growth

Cost Effective

Flexible Staffing

Speciallized Expertise

Focus On Core Business

Quality Outsourced Accounting Services

OHI is a leading and specialized accounting outsourcing in operations since 2006. We have worked with 300+ businesses across US, Canada, UK, Middle East, and Singapore among others. Our skilled and experienced accountants for various accounting departments have solid experience in QuickBooks, Xero, NetSuite, Yardi, Sage, Microsoft Dynamics, AppFolio, SAP and Oracle ERP packages. We have clients across sectors such as Real Estate, CPA firms, Logistics, Retail, IT among others.

OHI provides services across the entire range of accounting processes such as Procure-to-Pay (Accounts Payable), Order-to-Cash (Accounts Receivable), Record-to-Report (General Accounting), Inventory, Travel and Expense, and Fixed Asset Management. Additionally, our team of analysts also provide a wide range of financial analysis and financial projections services.

Outsourced accounting services

Our Credentials

Served 300+ Small and Mid Size Businesses in North America with an annual revenue from USD 1 million to 500 million

Served 300+ Small and Mid Size Businesses in North America with an annual revenue from USD 1 million to 500 million

100+ Staff with average 6 years of experience. Accountants at every level specialized in handling multiple type of activities

100+ Staff with average 6 years of experience. Accountants at every level specialized in handling multiple type of activities

Clients Across USA - California, New York, Texas, Florida, Georgia, Ohio, Colorado, Kansas, Washington, Illinois and More

Clients Across USA - California, New York, Texas, Florida, Georgia, Ohio, Colorado, Kansas, Washington, Illinois and More

Benefits of Outsourcing Accounting

High Cost Savings

Realize cost reductions of 40%-60%

Grow Without Overheads

Scale up and down based on your needs

Focus on Core Business

Focus on running the business instead of managing books

Flexible Staffing

Use us as full-time, part-time or on as needed basis

Specialized Expertise

Access to best practices derived from 300+ businesses

Accounting outsourcing services

Our Services

Interested In Knowing More

Watch it in Action

Software Expertise

Yardi logo
Realpage logo
Quickbooks logo
Procore logo
Oracle logo
MRI Logo
AppFolio logo
Freshbooks logo
Sage Intacct Logo
Microsoft Dynamics logo
Netsuite logo
JD EDWARDS logo
Sage 50 Logo
Sage 300 logo
Xero logo

Pricing

The indicative standard charges for Accounts Payable Specialist, Accounts Receivable Specialist, General Accountant and Financial Analyst roles are listed below. Custom packages of 25, 50 and 80 hours per month are available.

AP Specialist

$1600

Full-time staffing (160 hours per month)

AR Specialist

$1900

Full-time staffing (160 hours per month)

General Accountant

$2400

Full-time staffing (160 hours per month)

Financial Analyst

$3900

Full-time staffing (160 hours per month)

Staff Profiles

Accounting services

Others Service Packages

  • 1

    Backlog Accounting

    Clearing backlog of un-posted historic transactions, reconciling historic accounts with bank/vendor/customer statements, and bringing books upto date.

  • 2

    Cleanup Accounting

    Clean-up of chart of accounts including removing redundant accounts, updating vendor, customer and inventory lists, and correction of existing miscoded invoices, GL entries etc,.

  • 3

    Software Transition Support

    Accounting software transition including set-up of lists, mapping new to old chart of accounts, posting transactions in parallel runs, and 3 Way Reconciliations between Old Vs New Vs Statements.

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Useful Articles

5 Key Parameters to Help You Choose an Accounting Outsourcing Firm

5 Key Parameters to Help You Choose an Accounting Outsourcing Firm

Businesses need an accounting firm to manage their financial accounts, bookkeeping, tax planning, and employee payrolls. While there are a plethora of accounting firms specializing in particular aspects of accounting rules, as mandated by the government and the banking authorities, […]

  • September 20, 2019
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Accounting Outsourcing Services – An inexpensive way to grow!

Accounting Outsourcing Services – An inexpensive way to grow!

Accounting is vital for any organization as it contains important information about the financial dealings carried out in day-to-day activities of the company. It is an extensive and intricate work to keep the track of all the sale, purchase, payments […]

  • January 30, 2017
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Accounting Tasks That Should be Done on a Weekly Basis

Accounting Tasks That Should be Done on a Weekly Basis

Managing the accounting activities of your business seems a tiresome task but it is still an important one. You can’t turn a blind eye to your financial activities as these are required to run your business efficiently. However, we not […]

  • May 22, 2018
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Factors Influencing Finance & Accounting Outsourcing Success [Infographic]

Factors Influencing Finance & Accounting Outsourcing Success [Infographic]

Outsourcing Finance & Accounting (F&A) role has been a popular trend today. The main benefits of accounting outsourcing include cost reduction, efficient processes and accurate reporting. Aside from this, it has helps the business owners to focus on core competencies. […]

  • June 12, 2020
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Client Profile - Real Estate

A vertically integrated, full service real estate company based out of Bellevue, WA. They specialize in commercial properties. The firm has developed and built in excess of 81 properties and have more than 10,000 units under management.

Client Profile - Real Estate

A midsized real estate property management firm based out of Beverly Hills, CA. The firm manages over 50 properties, across 9 states, encompassing over 1200 tenants and nearly 1.5 million square feet.

Client Profile - Construction

A well-known construction and development company in Canada specializing in construction and development of high rise concretes. It is a mid-sized firm and one of British Columbia’s most experienced and respected developers.

Client Profile - Construction

A construction company in Aspen, Colorado providing general contracting, plumbing and property management services.

Client Profile - Transportation

A 100 year old moving and storage company headquartered in Colorado with multi-state operations. The firms’ revenues are about 50-75 mn and has about 250 employees.

Client Profile - Information Technology

A mid-size data warehouse consulting and engineering firm based in OH. They build new data warehouse solutions, optimize existing environments, and offer an outsourced service for point of sale data analysis.

Client Profile - Accounting

A large CPA firm based in Northville, MI. The firm has clients from virtually every business sector from around the US.

Client Profile - Accounting

A mid-sized full service tax firm based in Chicago, IL. The company has a successful track record and is a leading national provider of tax resolution, tax preparation, bookkeeping and accounting services.

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    FAQ

    Q. Will I lose control of my data or processes?

    No, OHI staff access the accounting file through a secure Remote Desktop tool such as Windows Remote Desktop or GoToMyPC. The accounting file continues to reside on the client servers/computers. If a client uses a web-­‐based accounting software such as QuickBooks or Appfolio, then all we need is another user login.

    In addition, we can also access the data such as bank statements, invoices etc. through remote access, if the client so prefers. However, this option slows down the process by about 20%. We can also access accounting data directly from bank logins using a View Only Access account.

    Q. Do we need to change our accounting processes before we outsource them?

    No, OHI can begin the engagement by transitioning your existing processes with minimal/no changes. Any significant process related change is only done if the existing process is majorly inefficient or cumbersome or prone to breaking-­‐down.

    Q. How do we communicate with our accountants in India?

    Reaching our staff member in India is easy. While they are prompt in responding to emails, you can also reach them on their US phone numbers (which land at their desk). You can also connect with your engagement manager (key contact point from OHI end) on messenger such as Skype. We also provide clear escalation matrix where any issues can be escalated across different hierarchies right up-­‐to the Head of Operations.

    Q. How many clients use your services in USA?

    Since last sixteen years, we have worked with more than 300 clients. We serve more than 50+ clients in real estate alone across residential and commercial real estate segments. We currently handle the accounting of more than 75000 units under management.

    Q. How does your company ensure data security?

    We follow standard industry practices for ensuring data security. Some key measures include

    • 128-­‐bit encrypted secure access to your accounting software
    • Internal network is protected through Symantec and Cyberoam firewall
    • No data transfer devices like USB drives, memory cards and Discs allowed inside the operations area

     

    Detailed measures can be referred here.

    Q. How will the offshore accountants know about US Accounting practices and our internal accounting practices?

    OHI staff are highly experienced with an average US accounting experience of six years. Our accountants are trained extensively in standard US accounting and business practices. Our planning work before we start processing includes detailed documentation of the client’s accounting practices, operating procedures and critical timelines. We also refer to past transactions if the prior set of books/accounts is a reliable one.

    Q. Can accountants be working during US business hours?

    Yes, we can arrange for accountants to be working during US business hours though most of our clients prefer us to work during US night time so that work gets done faster.

    Q. Can I reduce the staff during low work‐load season or easily terminate the agreement?

    Yes, outsourcing solutions enable you to have a flexible staffing model where staffing can be reduced easily with short notice periods. In addition, it is easy to terminate the contract with no penalties by providing prespecified notice of 30 days.

    Q. Which accounting software does your staff know?

    We have high expertise across all popular real estate property management and accounting software used in US. Some examples include Yardi (Voyager and Genesis versions), Appfolio, MRI, QB (All Versions), Xero, Timberline , Onesite, and Spectra among others.