Decimal Accounting Services

Decimal Solves Financial Operations for Your Business

You didn't start your business to do accounting.

Decimal's operations-first approach to accounting helps our clients save time, improve processes, and gain greater insights into their business.

Talk to the Experts

“If we were to hire the folks that do Decimal’s work, it probably would be two or two and a half people”

Josh Burgess, Sr. Director of Finance, DriverReach

"Finding the right people with these skill sets who understand the software and technology... I'll just say, that’s the needle in the haystack.”

Dean Kapsalis, CEO/Managing Member, Fuel Merchandise Group

"Decimal is a fraction of what we were spending, and we’re getting so much more"

Bob Brown, President, Majestic Stone Imports

“Decimal is an extension of the team… Without you guys, I don’t know what we would do.”

Paul Barash, VP of Operations & Account Services, Turnkey

"You guys were able to suggest new processes. You really took effort and time to understand the business"

Amar Gautam, CEO, HyperTrader

"The processes are so much easier and quicker... Decimal is willing to dig in and create solutions according to what people need"

Lee Michaud, President, USA Diving

Decimal Bookkeeping Services

Get Accurate Numbers Delivered On Time

Decimal works on your books daily. Our goal is to make your life easier and save you time. We collaborate with you to improve the overall bookkeeping process and provide you with up-to-date visibility on your books. Don’t wait until the end of the month to see where your business stands.

A Proactive Approach for Your Business

We constantly look for new ways to have an impact on your business. Whether it’s new technology or a change in approach, we want to help. 

Decimal Accounts Payable and Bill Pay Services

Focus on Approvals, Not the Preparation

Decimal takes over all of the work from bill pay. All you have to do is approve the bills. No more manual work. As bills come into the organization, we'll organize them and prepare them to be approved and paid by the right person.

Organize Critical Information

With Decimal coordinating all the bill pay activities, you’ll have up-to-date reporting on what’s due and when. Rest assured that the important documents are all readily available.

Decimal Technology Consulting Services

Get the Right Technology for Your Business

There is an ideal software solution for your specific industry, business needs, and current workforce. Lean on the expertise of Decimal to find the ideal tools and process.

Effortless Implementation of Solutions

Let us tackle the heavy lifting with new software implementation. We’ll help migrate to modern technologies, set everything up, and even train your team on how to use it.

What is Somerset Cloud and why are we different?

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Explore Decimal's Accounting Services

Bookkeeping Services

Bill Pay Services

Tax Services

Accounting Technology

Payroll
Support

Invoicing Services

Expense Management

Financial Reporting

The Decimal Difference

A Unique Blueprint for Your Business

Hire a Robust Team Instead of One Person

Get It All for A Fixed Monthly Price

Decimal creates the accounting operational plan around your business, your needs, and your operations. We build a repeatable and scalable template to address your accounting operations so that when you grow, we can effortlessly scale with you.

Gain the full advantage of a team that covers bookkeeping, process improvement, technology optimization, and training. We have you covered at a fraction of the cost if you were to recruit and hire several people for these roles.

We’ll work with you to improve processes and gain efficiencies throughout your organization, all for a fixed monthly price. It's time to say goodbye to hidden fees and hourly billing.

See a Case Study from our Clients

Decimal works well for any business wanting to streamline their back office.

Download Our Ebook:
QuickBooks Online vs. QuickBooks Desktop

Understand the key differences for your business when evaluating QuickBooks Desktop vs. QuickBooks Online.

This ebook will outline the differences in ease of use, integrations, functionality, and more!

Download Now

Some of Our Technology Partners

What is Outsourced Accounting?

Outsourced accounting is a way of approaching accounting tasks for small and mid-sized businesses through a more cost-effective structure than hiring full-time employees or leaning on a CPA. By outsourcing repetitive and automatable tasks, companies can benefit from consistent accounting work and shift the internal team’s focus towards more strategic projects.

Why Should A Company Consider Outsourcing Accounting?

There are many cost advantages to outsourcing accounting work; however, the reasons to choose an outsourced accounting approach don’t limit themselves to a beneficial cost structure. Companies will choose to outsource accounting to have their full-time employees focus on more strategic work and gain the expertise of accountants that understand the nuances of their industry and the ever-changing landscape of accounting rules. A company might also look to outsource accounting tasks to improve the operational processes that provide the needed financial visibility to make more informed business decisions. 

What Services Do Outsourced Accounting Firms Offer?

The services provided by outsourced accounting firms will vary depending on the needs of the business pursuing the partnership. At Decimal, we take an operation-first mentality to accounting challenges to build the right approach for your business. Some of those services include daily reconciliation, monthly close of books, bill pay support, payroll coordination, and more. All the operations that make up your accounting department are activities that Decimal can help with. The goal at the end of the day is to see the state of the business in real-time with consistent and accurate financial information while spending less time and resources to accomplish the task. How we accomplish it depends on the makeup of the business! 

How Does Outsourced Accounting Work?

Instead of hiring a full-time employee to handle accounting and bookkeeping tasks, a company can outsource accounting work to firms that provide various accounting services. Once a business decides to outsource, they then can choose what accounting functions they would like to get help with. Some companies prefer only to have help with daily reconciliation, while others want to have the bulk of the accounting work taken care of. Once the scope is agreed upon, the business can begin implementing the new processes and offloading the accounting tasks to their new accounting partners.

What is the Cost of Outsourcing Accounting?

The cost of outsourcing accounting will vary depending on the services provided. The variables that typically impact the price of an outsourced accounting solution are the monthly volume of expenses, cash vs. accrual, size of the business, and complexity of the operations. Generally speaking, the cost of outsourced accounting is seen as much lower than a full-time hire, as discussed in our blog, In-House Vs. Outsourced Accounting

What Should I Consider When Choosing an Outsourced Accounting Firm?

When looking at outsourced accounting solutions, the first aspect to consider is the scope of service being offered. One person’s definition of bookkeeping can be drastically different from another. Beyond the scope of work, it’s important to consider whether this solution will act responsively and proactively address concerns before they get out of control. With all this in mind, pay attention to the pricing structure and whether the cost is a reflection of hours worked or if it will be fixed each month. At Decimal, we pride ourselves in having the best accountants that feel as if they are a part of your team while also finding the best ways to surface new financial insights into your business, all for a fixed monthly price. Pay careful attention to the contract agreements to make sure you won’t get surprises in the next invoice.  

How Will Outsourced Accounting Interact with Our Existing Financial Team?

Outsourced accounting can supplement an existing financial team by handling repetitive and often automatable tasks. With the required busy work no longer taking up the team’s time, finance professionals can spend more time diving into the financials to provide strategic guidance, find areas to improve margins, and better share information with the broader team. When a team doesn’t have to focus on the day-to-day tasks, they can focus on projects that will bring about a long-term, lasting impact. Our current customer, Bob Brown with Majestic Stone Imports, most likely said it best in our case study, “The less time we have to spend on the past, the more time we have to spend on the future. We're doing a lot more forward-thinking now in terms of projecting where we're going. We're spending time working on next week, next month, and next year as opposed to last week, last month, and last year.”

Can an Outsourced Accounting Firm Handle Tax Compliance and Planning?

Outsourced accounting firms can often handle tax compliance and planning. At Decimal, we leverage an extensive partner network to find the best tax solutions for our customers based on the uniqueness of their industry, the business model in place, and any regulatory requirements that are in place. This makes it easy for you to handle all accounting needs from a single resource that can build the ecosystem.

How Quickly Can an Outsourced Accounting Firm Get Up to Speed With A Business?

At Decimal, we’ll help you with your books the month you sign on. However, the full benefits of revised processes, new technology, and historical cleanup can take a bit longer. While the process might be something that you want to get done and off your plate as quickly as possible, we want to fully understand the way your business operates as well as your goals in order to build the right approach for your financial operations. This way, your business can continue to improve processes that work alongside the goals of other departments and not just for the benefit of the accounting department.

Can Outsourced Accounting Help My Business Scale?

Outsourced accounting is one of the best ways to help a business scale because it provides the right resources and support from a team rather than one full-time employee at each stage of the business’s growth. It’s often much less expensive than hiring a full-time employee to handle the same tasks. Decimal's approach is to document processes and identify the best practices to work with your operations as you grow. Instead of relying on an in-house accountant to document processes, recruit another accountant, train them and still get their day-to-day tasks completed, it’s much easier to work with an approach designed to scale that prevents any single point of failure. 

Get an Actually Fixed Price in 15 minutes.

Somerset FAQ

Have questions about who we are or what we do? Find those answers here.

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