The stability and success of a company rests on the proper management of its finances. From closing the books to financial reporting to balance sheet reconciliation and analysis, accounting operations are integral to keeping organizations running and painting an accurate picture of its financial health.
But accounting processes also involve significant challenges: evolving accounting standards, mounting pressure for real-time strategic insights, and month-end close processes rife with high stress and long hours for an in-house accounting team.
Increasingly, finance leaders have realized that performing this transactional work in-house not only adds little value but is expensive, inefficient, and time-consuming – preventing staff from focusing on the high-value work that delivers a competitive advantage in today’s fast-moving business world.
Enter Auxis, bringing end-to-end outsourced accounting services that help you step out of the transactional weeds and transform your accounting team into an effective business partner.
Did you know American Productivity & Quality Center (APQC) data shows that top-performing organizations complete the financial close in half the time of bottom-performing organizations, at less than a third of the cost?
Auxis’ outsourced accounting team bring the top talent, automation tools, best practices, and finance transformation experience that boosts productivity, reduces manual burdens, and increases accuracy and compliance. We have a proven track record of streamlining the month-end close for clients across industries, putting accurate financial statements into leadership’s hands sooner for timely analysis and informed business decisions.
Besides optimizing your operations, we work within your current accounting systems and can also bring market-leading technology partners like Adra by Trintech, Oracle NetSuite, UiPath, and Microsoft to fill gaps and innovate accounting solutions that are scalable, cloud accessible, and integrate your transaction workflow.
Amid uncertain economic times, we also have the tools and experience to deliver real-time insights that help you keep a critical eye on cash flow.
The ability of finance leaders and their teams to act with flexibility, agility, and innovation has never been more important than it is today. Partnering with Auxis can transform your accounting operations from a reactive, transactional service into the proactive, strategic partner your business needs.
- Source: Trintech 2022 Global Financial Close Benchmark Report
Auxis provides a full range of best-in-class outsourced accounting services from a dedicated team of more than 200 accounting professionals trained on U.S. GAAP and IFRS accounting standards. We also maintain an Accounting Center of Excellence comprised of our best managers and CPAs to ensure the highest-quality operations. Our services include:
Auxis will work with you to define a strong service-level agreement (SLA) framework customized to the specific needs and drivers of your finance and accounting function. Important accounting SLA metrics often include:
Month-End Close Completed On Time
Transactions Percentage Completed On Time
Balance Sheet Account Reconciliations Performed On Time
Tax Filings Performed On Time
Accuracy Percent of Account Reconciliations
Accuracy Percent of Manual Journal Entries
Number, Amount, and Aging of Unreconciled Items
Volume of Activities Performed Monthly (Number of Journal Entries, Reconciliations, etc.)
With over 25 years of shared services experience in the region, Auxis’ BPO services are provided from Latin America’s top nearshore locations. Our customers receive critical advantages like time zone compatibility, strong cultural affinity, and proven, highly educated accounting talent with exceptional English proficiency and familiarity of North American operations.
Most mature shared services destination in the Americas, with over 350 multinationals providing business services from the country.
Ranked #1 in Latin America for availability of skilled talent (IMD World Talent Ranking) and #1 for financial attractiveness in LATAM (Kearney Global Services Location Index).
Our support hubs offer the best quality, technically skilled talent from top nearshoring destinations including Mexico, Argentina, and Guatemala, and use best practices, technology, and innovation to drive continuous process improvement.
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Real-time financials and smarter decision making. If there’s where you want to be, Auxis can help.
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Webinar
March 5, 2025 12:00 pm ET