While we have familiarity with providing partial outsourced services, we find that these are our least successful projects. Our internal processes, communication, and technology are optimized to operate in a specific way. We find that having a mixed environment creates opportunities for miscommunication, accountability issues, and is harder to train. These challenges make it such that it is typically more economical to outsource the entirety of the accounting and finance function vs. partial.

Glad you asked! Our team has a specialty in nonprofit and governmental organizations. As former auditors, we are intimately familiar with external audits, full GAAP accounting, and the FASB/GASB standards.

Most executives and owners don’t know the intricacies of double entry accounting. This makes supervising clerk-level positions, determining data quality, and knowing the right systems to implement next to impossible. Turnover in these positions can cause great headache, and hiring for accounting and finance roles is increasingly difficult. Our model offers predictable pricing with an “all in” service offering, meaning executives don’t have to wonder if they are spending too much or if they have hired a firm with the right scope of work.

In short: a complete solution. The core of our services includes transactional processes like accounts receivable, accounts payable, employee expenses, payroll, accruals, reconciliations, and month end closes. Our layer two services extend and interpret accounting information through additional forecasting and analysis. NKW clients typically repurpose any existing bookkeepers or clerical positions fulfilling finance duties into other roles when engaging with us.