Record to Report Outsourcing Services for US Businesses
Simplify month-end close and get reliable financial reports through CorientBS record-to-report outsourcing services.
Trusted by US Accounting Practices
Trained in US GAAP & IRS Compliance
QuickBooks | Xero | Sage Intacct
Reliable Record-to-Report Outsourcing Built for US Businesses
We put on the table:
Keep your financial records accurate and your reporting on schedule with expert support across the record-to-report cycle.CorientBS offers record-to-report outsourcing services that help businesses keep their financial records organized and consistent and meet closing schedules. Our team works within your existing systems and approval processes, applying US GAAP, to support accurate data and clearer reporting. Our full scope, from general ledger to management reporting, is outlined below.
General Ledger Management
Journal Entry Processing
Account Reconciliation
Month-End Close Support
Financial Statement Preparation
Intercompany Accounting
Fixed Asset Accounting
Management Reporting
Why US Businesses Are Turning to Record-to-Report Process Outsourcing
Businesses are increasingly exploring record-to-report process outsourcing to give their teams additional capacity and consistent support in close requirements without permanent in-house expansion. It is one part of our wider finance and accounting outsourcing services. Benefits of it are:
Faster Month-End Close
All recurring tasks are completed on time, helping reduce delays during closing.
More Accurate Financial Records
With the use of documented procedures and proper reconciliations, discrepancies are identified beforehand.
Reduced Manual Work
By delegating routine work like reconciliations and processing, you save time and effort.
Better Financial Visibility
Get access to reports in a timely manner for accurate review of performance, costs, and financial position.
Support for Multi-Entity Accounting
Helps in handling reporting activities across multiple entities and locations.
Flexible Finance Capacity
Scale support as transaction volumes and reporting needs grow.
Record to Report Services We Deliver
Our record-to-report services cover everything in order to provide you with accurate financial information. We align with your policies, systems, and approval requirements to give you the best. Our services cover:
1. General Ledger Accounting
Maintenance of ledger records is done here, along with reviewing account balances and transaction classification.
2. Journal Entries and Adjustments
Recurring and adjusting entries are prepared for your approval.
3. Account Reconciliation
Bank accounts are reconciled to the ledger, and balance sheet accounts to supporting records, with discrepancies flagged for resolution.
4. Month-End and Year-End Close
Manage the assigned close tasks, follow reporting calendars, and track outstanding items.
5. Financial Statement Preparation
Financial statements, such as balance sheets, cash flow statements, and income statements, are prepared with accuracy and in a timely manner.
6. Intercompany Accounting
Every transaction will be recorded and reconciled. Mismatches will be highlighted for resolution.
7. Fixed Asset Accounting
Maintain fixed asset registers, track additions and disposals, and support depreciation schedules.
8. Management and Financial Reporting
Here, periodic reports are prepared for management review and for making informed decisions.
Software We Work With
We work in QuickBooks, NetSuite, Sage Intacct and Xero, subject to access.
Enterprise-Grade Data Security & Compliance
We protect vendor bank details, tax IDs and payment files with controlled access and documented processes.
Independent Audit Reports
SOC 2 Type II and/or ISO 27001 status and report date.
US Tax and Privacy Alignment
Processes aligned with IRS recordkeeping expectations and applicable data-protection requirements.
Infrastructure Safeguards
Encryption standard, multi-factor authentication, role-based access, logging.
Payment Fraud Controls
Call-back verification of vendor bank-detail changes and dual approval on payment runs.
Our Structured Approach to Outsourced Record to Report Services
We follow the process of understanding your requirements and reporting environment.
1. Assess
We start by assessing your current accounting processes, reporting needs, and your systems.
2. Plan
Based on that, we design and discuss procedures, scope of work, approval controls, and expectations.
3. Transition
Over a typical 4–6 weeks, you share close checklists, charts of accounts, and prior reports; we complete knowledge transfer and system access setup.
4. Deliver and Review
Keep track of exceptions, and once all the assigned tasks are done, a review will be done against agreed timelines and quality levels.
AI-Enabled Accounting with a Human Touch
CorientBS has invested considerably in designing and deploying its own stack of AI tools. Combined with human review, we can help you improve processing without any disruptions.
Billy
Invoice Processing software
Corby
Bank Reconciliation Automation
Sherlock
Error Detection.
Galaxy
Workflow Management.
Smarty
Learning Management.
Luca
Year-End Preparation.
Flexible Record to Report Support Models for US Businesses
CorientBS offers multiple models, and you can choose from those models that suit your budget, workload, and financial capability.
Dedicated FTE Model
Assign dedicated accounting professionals to support your ongoing record-to-report operations.
Resources aligned with your accounting workflows.
Consistent support for recurring close activities.
Defined responsibilities and reporting procedures.
Capacity suited to ongoing accounting requirements.
Pay-Per-Transaction
Pay based on the agreed volume of transactions or processing activities.
Pricing linked to defined transaction volumes.
Suitable for fluctuating accounting workloads.
Support for agreed processing and reconciliation tasks.
Visibility into volumes and associated costs.
Block Hours Model
Here a set of hours will be fixed where you will get agreed accounting support.
Pre-agreed hours for selected accounting activities.
Support for reconciliations, journal entries, and reporting preparation.
Flexibility to allocate hours across agreed tasks.
Greater control over support time and resource usage.
Fixed Monthly Scope
A set number of record-to-report tasks for an agreed monthly fee, with documented deliverables and turnaround times.
Clearly documented tasks and deliverables.
Predictable costs for the agreed scope.
Defined turnaround times and reporting expectations.
Scope reviews as your business requirements change.
Ready to Simplify Your Month-End Close?
Contact our team to discuss your current close process, reporting needs, and systems. We can then assess your requirements and outline a suitable support model.
Why US Businesses Choose CorientBS
Businesses are choosing CorientBS for experience and consistency in managing financial reporting. We can work with your internal teams and support them in providing accurate records and dependable reporting routines.
Experienced Accounting Support
All-round support from experienced staff for reconciliations, close activities, and financial reporting.
Documented Processes
Established procedures and review steps for supporting accuracy and consistency.
Flexible Engagement Models
Offers services in various models that meet your operational demand.
Technology Compatibility
We work in QuickBooks, NetSuite, Sage Intacct and Xero, subject to access.
Scalable Delivery
Adjust support based on your transaction volumes and reporting needs.
Connected Finance Services
Combine record-to-report support with CorientBS services such as Order to Cash and Procure to Pay.
01
What are record-to-report outsourcing services?
Record-to-report outsourcing services take on accounting tasks like reconciliations, close procedures, and financial reporting through a reputable outsourcing service provider.
02
Which activities are included in record-to-report services?
Services can include general ledger accounting, journal entries, account reconciliations, month-end close support, fixed asset accounting, intercompany accounting, and financial statement preparation.
03
Can CorientBS work with our existing accounting software?
Yes, CorientBS has an experienced pool of personnel who are trained across a wide range of platforms, provided you give them the required access, guidelines for using the system, and your reporting requirements.
04
How can record-to-report outsourcing improve month-end close?
Outsourcing time-consuming tasks like reconciliations and journal preparation will give your team more time for other work and reduce delays. To get the best result, you need to provide accurate data.
05
Is record-to-report outsourcing suitable for growing businesses?
Record-to-report outsourcing is ideal for expanding businesses that can outsource part or a wide range of accounting work. It will also depend on the transaction volume, internal staff, and reporting needs.
06
How much does record-to-report outsourcing cost?
Cost depends on the model and scope you choose. Share your volumes and we'll provide a tailored quote.
07
Do you follow US GAAP?
Yes. Work follows US GAAP and your approved policies.
08
How is our data protected?
Through role-based access, confidentiality agreements, and controls limited to the agreed scope.
09
How long does onboarding take?
Typically 4–6 weeks, depending on scope and system access.
10
Can you work with our in-house team and auditors?
Yes. We support your team and respond to auditor requests for schedules and reconciliations.
Frequently Asked Questions
Ready to Transform
Your Record-to-Report
Process?
Let’s discuss how CorientBS can help you streamline operations, strengthen financial control and achieve better outcomes.