What Outsourced Controller Services Cover
Bookkeeping
Day-to-day transaction recording, coding discipline, and a chart of accounts that accurately reflects the organization’s actual operations.
Month-end close
A defined close calendar with owners and deadlines, so the books land in days, not weeks.
Account reconciliations
Bank, payor, intercompany, and balance sheet reconciliations performed on a schedule throughout the year.
Financial reporting
Monthly statements, variance analysis, and management reporting packages written to be understood.
Payroll and AP oversight
Payroll and accounts payable cycles with the approval structure around them, including payroll system implementation where the infrastructure is not there yet.
Analytics and management reporting
Operating reports, variance analysis, and the benchmarks leadership needs to see, built into the ledger itself.
How the Controller Function Is Run
The initial work is a clean-up and a calendar. Where the books are behind, they are caught up; where reconciliations have drifted, the differences are found and cleared. Out of that comes a written close calendar with named owners and dates. From there the function runs to that calendar, along with a monthly reporting package and a short review meeting. Organizations that also require fractional CFO work get both layers from the same practice, which removes the usual gap between the people who produce the numbers and the person who interprets them.
Common Questions
Do you replace our bookkeeper or work with them?
How long does it take to catch up if we are behind?
Do you handle payroll?
Will this make our audit easier?
Can we utilize this without engaging a CFO?
A failed system migration had left the network’s receivables unreconciled and its reporting unusable. Elevate rebuilt the reconciliation and denial management, then maintained the budget. Nothing strategic was possible until the underlying numbers agreed.