Accounting Services
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Outsourced Accounting

Expertly trained accountants with a deep understanding of the software and your industry,

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Family Office Accounting

High-touch technology family office accounting services that ensure security and privacy.

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Bill Pay

Outsourced bill pay solution with cash flow reporting and tracked expenses.

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What Are Outsourced Accounting Services and Do I Need Them?

If you are asking yourself these two questions, you've come to the right place.

What’s the Difference Between CFO and a Controller - and What Do I Need?

Although these two important roles are sometimes viewed as interchangeable there are important differences between them.

Industry Expertise
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Our Key Industries

Expert knowledge and high-quality software solutions for our 5 key industries.

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Construction & Real Estate

Real-time financial data and integrated job costing to generate reports and improve accountability.

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Manufacturing & Distribution

Track billing of materials, implement inventory control systems, manage supplier base, and reduce unnecessary costs.

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E-Commerce

Our team has the expertise needed to navigate deposits, refunds, chargebacks, and processing fees to maximize efficiency.

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Professional Services

Streamline financial operation and increase overall profitability to enable faster and smarter decisions.

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Family Office Accounting

High-touch technology family office accounting services that ensure security and privacy.

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Why does industry expertise matter?

Industry focus allows us to be experts in the accounting needs of the companies that operate within these industries.

Why Plumb Works With These Industries

This is another one of our favorite questions. The answer is easy: we know these industries.

Software Expertise
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Sage Software

Innovative software to manage your accounting, people, payroll, payments, and more.

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NetSuite Software

Integrated cloud business software suite, including business accounting, ERP, CRM and ecommerce software.

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QuickBooks Software

Scalable solutions for reporting, transactions, month-end close, analysis, and more.

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QuickBooks to NetSuite Migration: A Comprehensive Guide

Migrating from one accounting software platform to another is a critical undertaking for businesses. This is especially true when considering a transition from QuickBooks to NetSuite.

How do I know which Software is right for my company?

Selecting the "right" software for your company might seem like an overwhelming task, but we'd like to help make this process easier for you.

Sage
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Sage Software

Innovative software to manage your accounting, people, payroll, payments, and more.

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Sage Intacct

Automate the critical processes, reduce the spreadsheet headaches, and get greater visibility into real-time business performance.

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Sage 300 CRE

Sage 300 Construction & Real Estate connects finances and operations to help ensure maximum profit.

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Sage 100 Contractor

The all-in-one construction software that goes beyond basic accounting to put you in total command of your projects.

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Sage Estimating

Build bids quickly and precisely, plus integrate with other Sage software solutions to streamline operations.

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Sage Paperless

Easily store, retrieve, and route documents for accounting and operations.

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Sage Service

Streamline service calls and construction projects from start to finish with web-based real-time information.

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Additional Solutions

Add-on these services to improve workflow and enhance data and analytics.

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How and When to Choose Construction Accounting Software?

The right tools can help you manage your construction projects efficiently, provide clarity of your finances, and ultimately help improve profitability and job success.

5 Types of Visibility Every Construction Firm Should Have.

Here we list 5 key elements to help capture insights that are pivotal to running an efficient and lucrative constriction firm.

ABOUT
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About Plumb

Plumb seeks to empower business owners and leaders to gain clarity about their financials to grow their business.

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Case Studies

Learn more about our work with clients in a variety of different industries.

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Meet the Team

Learn more about the Plumb leadership team.

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The Plumb Promise

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Careers

Want to join us? Check out our current open positions and apply today.

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What can Plumb Do for Your Business?

At Plumb we pride ourselves on providing "clarity in accounting and stewardship in service." But what does that actually mean?

What's the Plumb Promise and What's in it for You?

We're on a continuous journey to go above and beyond for our clients. Here's how we do that.

The Covid Crisis: Why Outsourcing your Accounting Can Help Your Business

Posted on May 20, 2020 at 8:42 PM
Written by Plumb

The economic impact of the coronavirus challenge gives outsourced accountants an opportunity to help create a “new normal” for companies seeking ways to save costs and improve processes.

As companies are looking to minimize their loses and speed up financial recovery, it is a good time to consider outsourced accounting as an option to move forward.  Outsourced accounting or fractional accounting provides many benefits for companies who do not want the unnecessary burden of having full-time accounting staff at the office.

Adapting and Adopting to Outsourced Accounting During the Pandemic and Beyond

With the relief programs, CARES Act and Paycheck Protection Program (PPP) underway to provide funds and loan forgiveness for businesses, it is an important time to consider adapting to change for the benefit of your company. By incorporating some level of outsourced accounting for your business, it will improve processes, cut costs and maintain remote work.

Businesses are reacting to new challenges from Covid-19, and making decisions to evolve their day-to-day operations.  Companies who have a large internal accounting department are seeing some roadblocks with the “Stay-at-Home” orders. Their daily accounting tasks that include the handling of physical paperwork, in-person approvals, and the standard workflows for checks and balances are now problematic.

Plumb, an outsourced accounting firm, with Senior-Level Controller Accountants, offers a solution for companies that need accounting help during the Coronavirus. Our accountants work remotely, have a range of industry experience and can offer accounting software experience from QuickBooks Enterprise, QBO, NetSuite, Sage, and many more.

Top Considerations to Hire an Outsourced Accounting Firm for your Business:

  • Availability & Expertise from Plumb: We have accounting experts on hand to quickly provide you with clean and accurate month-end financials, cash flow forecasts and other financial reports that you need in order to support the business and your PPP loan requirements. For over 20 years, Plumb has worked with companies in various industries, and in different stages of their business.
  • Make Better Business Decisions with Plumb: Gain peace of mind by having the financial data you need to make clear-sighted decisions.  The outsourced accountants at Plumb, which consist of fractional CFO’s and Controller-level Staff Accountants and Bookkeepers give you options for different service levels, depending on your need. We are equipped to keep your accounting operations running smoothly despite local restrictions.
  • Go Remote; Get on the Cloud; Be Secure with Plumb: There are many moving parts when you decide to outsource your accounting, but setting up a cloud-based software environment shouldn’t be one of them.  Plumb works with many accounting systems and can help with recommendations if needed.  Most importantly, we have gone through multiple security audits performed by large national financial institutions, so we can guarantee security of data.
  • Scalability & Flexibility: Plumb has the capability and experience to fully outsource your internal accounting functions or take on interim project work to provide a cost-effective and scalable solution. Our services are typically a fixed-fee basis depending on the number of transactions and monthly reports.  We are flexible on our terms and can even provide fractional project work if needed.
  • Creating a Balance of Strategy and Execution: Business owners need to realize that finance and accounting are not the same. Areas of finance, which are typically performed by a CFO or Finance Manager, are more centered around developing Key Performance Indicators, forward-thinking strategy and overall process improvements.  While the skill-sets of most accountants is about executing tasks and deliverables. While some businesses have restrictions to bring employees back into the office, bills still need to be paid, collections need to ramp up, and most importantly accounting tasks need to be handled.

Remote Accounting Tasks the Plumb can Handle:

  • Accounting clean-up and producing financial statements
  • Tracking revenue & expenses: Properly setting up a chart of accounts and categorizing transactions.
  • Data entry & processing transactions
  • Recordkeeping: Maintaining files throughout the year, so all documents are in order for tax season or in preparation of an audit.
  • Collections: Having an outsourced bookkeeper stay on top of the invoice process and making sure customers are paying within their terms.
  • Bank & credit card reconciliations
  • Payables & receivables: Streamline the process to be more efficient which equals getting cash in your bank account sooner.
  • Managing bill pay: Paying bills, vendor management, and setting up a calendar of due dates.
  • Filing sales & use tax
  • Booking prepaid accruals, insurance, deposit, rent and retainers

Ready for a price quote or a consultation call to see if we are the right fit for your business? Reach out today. We'd love to help.

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