FAQs

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A: Reduced Technology Costs. In addition to the cost savings of personnel costs, most organizations reduce technology costs through cloud-based solutions.  Cloud-based solutions eliminate costly updates, reduce hardware needs and IT personnel time. 

Access to CPA and Trained Resources. You can be reassured that our team with an experienced CPA and trained staff are on top of compliance, deadlines and reducing risks.

Reduced Risks and Improved Processes. Outsourcing provides an external set of eyes to review your day to day accounting. This not only assists in keeping your data accurate, it reduces the risk of employee fraud. Sage Intacct  is the only ERP system approved by the AICPA due to its audit trail and the ability to establish managerial controls. 

The cloud-based technology is guaranteed 99.8 % uptime, airtight data security, and comprehensive disaster recovery.  Our global security compliance programs, such as ISO27001 and SOC2, give you confidence that your data is protected from cyberattacks and meets the highest industry standards. 

More informed decisions are better decisions. Real-time financial and non-financial data coming together in one system in real-time means you have access to the information you need to manage your business when you need it, where you need it.  Month-end closing frustrations become a distant memory, budget forecasts a click away.

More Time for You. You will have more time to focus on managing, growing your business and maybe an extra day to spend sailing. 

A: You decide how much help you would like C3 to do.  We can do all your accounting tasks or come along side your team as needed.  We will implement best practices to automate tasks, maintain your control levels and maximize real-time key performance measures. Based upon your service level, we will supervise your accounting, ensure compliance, monitor cash flow and budgets and if you would like, help develop plans and meet with your team on a frequent basis.  All of this for an agreed upon monthly flat fee.

A: No, in fact you will have more control over your organization’s finances. Cloud-based technology enables you to set approval rules for expenditures, payroll, etc. You can keep an eye on your finances whenever and wherever you need to.

A: Our desire is to be an extension of your management team. Unlike a traditional firm, we don’t start the clock when you call. Your monthly fee includes our time at your office or by web conference, working on the next board meeting, discussing the long-term plan, evaluating the costs of that new initiative, and more.  

A: C3’s services are very affordable. In general, outsourced costs have proven to be less than what organizations are paying for their accounting staff. Typical cost savings range from 25-50% and you’ll find the value you’re receiving to be much greater than you would get with an in-house accountant. You save hiring and training costs, and will no longer have to pay for office space, phone lines, PTO or other employee benefits associated with in-house accounting staff.

Our fees are based on the volume and complexity of each organization. We determine the scope of services and establish a fixed monthly amount, so you can manage your budget.

A: You may have a CPA firm that prepares tax returns or may do an audit or review of your financial statement. However, if a CPA firm provides accounting services to a client, it can’t review or audit the financial statements of that client. Many CPA firms decline to provide services that might later put them in a conflict-of-interest situation.

If we provide the accounting services for you, we find that your audit and year-end tax preparation charges will likely be lower because your books are already GAAP compliant and audit ready.

A: Two differences:

     1.  Implementation by experienced management accountants who understand the results you need and know how to achieve them!

     2. Continuous close support! Help and answers are always available. C3 accountants are part of your team!

A: Sage Intacct for core financials along with integrated solutions for AP and AR automation, Spend Management, Credit Card Expense Reporting, Grants Management, Donor Management, HRMS, CRM and more. We can build an integrated tech stack for any organization.

A: All of our applications are PCI compliant and have  SOC 2 Type II protocols.  Our staff undergoes continuous training regarding security of client information.