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Accounting &
Financial Management

Optimize Operations, Drive Better Insights, Accelerate Growth

Ever wonder if there's a better way?

Real-time reporting. Fewer manual tasks. Strategic guidance. Plus, the partnership of an experienced and credentialed professional advisor, managing your day-to-day and strategic needs. It’s all within reach with RKL Virtual.

Our outsourced Accounting & Financial Management Solutions are designed for organizations who are ready for next-level insights, better operations and accelerated growth. Whether you need help with day-to-day support or strategic planning and decision-making, we tailor our partnership to meet your current and future needs.

Our Technology Platforms

Why RKL for Accounting & Financial Management?

Know More

Knowledge is power. With real-time, on-demand financial reporting, we’ll help you get fast and easy insights into your company’s performance utilizing best-in-class technology along with ongoing financial and business guidance and management from a highly experienced team of financial management consultants who also bring hands-on industry expertise.

Work Smarter

With fully integrated solutions, better processes and automation, and strategic guidance from experts who leverage deep industry-specific knowledge to offer insights into industry-wide best practices, you’ll experience a faster month-end close, handle fewer manual tasks and make more informed decisions. All in all, our solution and expertise free up time for you to focus on the bigger picture.

Perform Better

Whether we’re supporting an internal team or acting as your outsourced CFO, fully managing your accounting and finance function, you can count on RKL Virtual to keep you on the cutting edge with the latest best practices and technology solutions. We meet you where you’re at with our solutions and guidance, balancing your daily needs with meeting your future goals. With our eye always on the horizon, you’ll never be left behind when it comes to better ways to manage and scale your business.

Is Outsourced Accounting & Financial Management Right for You?

Adopting a virtual management model has its distinct benefits — the ability to tap into hard-to-recruit talent, technology platforms that elevate your operations and growth, and so much more.

Organizations operate at different lifecycle stages, each with unique outsourcing needs. You may only need to start with bookkeeping support or may require a full-service outsourced CFO model to achieve your goals.

Whether you need improved back-office efficiency or strategic business guidance, our best clients are equally invested in developing strong partnerships with our advisors and are ready to try a new way to manage their business.

RKL Outsourced Accounting & Financial Management Services

Transactional Processing

Accounts Payable/Accounts Receivable
Payroll
Expense Reports

Core Accounting

Reconciliations
Journal Entries
Bookkeeping
Compliance

CFO Advisory

Detailed financial analysis & benchmarking
Strategic financial & business guidance
Decision-making and strategic planning
Cashflow & budgeting

How It Works

Step One: Let’s Make a Plan
Your business, operations and team needs are unique. We collaborate with you to develop a plan that brings together the right talent, technology, resources and processes to get you to where you want to be.

Step Two: It’s Implementation Time
Whether it’s implementing new processes & technologies or diving into the strategic financial management, our team is adept at partnering with you and your team to minimize disruption while navigating change with frequent check-ins, milestones and ample training.

Step Three: Ongoing Management
You’ll receive tailored guidance and support with each level of partnership, meeting your ongoing day-to-day and strategic needs. You can count on regular meetings with your dedicated advisor so your accounting, financial and business goals are met.

Talk to an Advisor

Industry Focus

Financial expertise is a given when you work with an outsourced accounting and financial management team. Pairing that with an advisor who also brings industry expertise can give you a competitive edge and level up your success.

Drawing upon empirical (or hands-on) industry knowledge enables our team to focus on learning your unique business and offer industry-based practical solutions and recommendations for how you can meet your goals.

We’re proud to serve companies from a variety of industries, from healthcare to professional services; however, we’re particularly experienced in four key sectors:

Multi-location franchise owners
Real estate development
Creative agencies
Not-for-profit organizations

Accounting & Financial Insights

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Accounting & Financial Management Frequently Asked Questions

What is outsourced accounting and financial management?

Outsourced accounting and financial management allows an external team to manage some or all of an organization’s accounting and finance responsibilities. RKL Virtual’s services range from transaction processing and core accounting to financial reporting, budgeting, cash flow management, financial analysis, and CFO advisory.

What is the difference between outsourced accounting and outsourced CFO services?

Outsourced accounting focuses primarily on day-to-day financial operations, including accounts payable and receivable, bookkeeping, reconciliations, journal entries, and reporting. Outsourced CFO services provide higher-level guidance involving cash flow, budgeting, forecasting, financial analysis, strategic planning and business decisions. RKL Virtual can provide either or both based on your needs.

Can RKL Virtual work with our existing accounting team?

Yes. RKL Virtual can supplement your internal team by providing additional capacity, specialized expertise, improved processes, financial leadership, or technology support. We can also manage the full accounting and finance function for organizations that need a complete outsourced solution.

Is accounting technology included in RKL Virtual’s service?

Technology is typically included as part of the overall RKL Virtual service model, depending on the engagement. We use leading platforms to automate workflows, integrate financial processes, and provide timely reporting. The specific technology, services, and costs included in your solution are established during the planning process.

Do we need to purchase Sage or another accounting platform directly?

No, you don’t need to purchase Sage Intacct or another platform before working with RKL Virtual. Sage Intacct and QBO are the primary platforms we deliver your accounting and advisory services through – they are part of how RKL Virtual operates, not an extra product you have to purchase and manage on your own. The technology is bundled with our services.

How does RKL Virtual implement an outsourced accounting solution?

We begin by understanding your operations, team, financial processes, reporting needs, and goals. We then develop a plan that brings together the appropriate advisors, processes, and technology. During implementation, we establish workflows, configure applicable systems, train key users, and manage the transition before moving into ongoing accounting and advisory support.