Financial Planning & Analysis Outsourcing Services
Achieve strategic success with QX’s financial planning and analysis outsourcing services. Enhance forecasting and planning efficiency—Reach out now!
Discovery CallBusinesses often rely heavily on financial planning and analysis to accurately interpret financial data and analyze business performance to propel business growth. However, the mundane nature of FP&A can make this critical finance function a burden on in-house teams and drive focus away from strategic tasks.
We offer bespoke FP&A services that help businesses pull data from critical business functions and analyze it with an unbiased approach. Identify and implement appropriate strategic actions by setting up an offshore team of industry experts at a fraction of original operational costs.
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Outsourced Financial Planning and Analysis to Propel Business Growth
Leverage industry expertise
Stay ahead of industry trends, safeguard your business and propel business growth by setting up a team of skilled FP&A specialists for your business.
Implement intelligent automation
Add agility to your FP&A function by implementing the latest technology and automating repetitive tasks, without actually having to in invest in IT infrastructure.
Get access to tailored reports
Meet your specific business needs and take better informed decisions by leveraging detailed and regular financial reports.
Bring down operational costs
Set up a dedicated offshore team of FP&A specialists based at our global delivery centers and achieve up to 50% cost savings.
Services
Financial Planning and Analysis Outsourcing
Budgeting & analysis for line items
Identify cost opportunities and study income & expenses by combining related costs together
Roll-ups forecast & consolidation
Avert risks and drive growth by gaining insights into potential business mergers and acquisitions
Forecast analysis
Make targeted predictions and take smart business decisions by leveraging accurate financial data
Project reporting
Leverage detailed reporting to monitor budgets, avoid risks, set timelines and build reliable project plans
Management accounts
Meet your specific organizational needs by generating personalized weekly, monthly, quarterly and yearly financial reports
Customized reporting
Get access to timely, accurate and in-depth financial reports, delivered in formats of your choice
Variance analysis & balance sheet reconciliation
Compare your organization’s planned and actual performance by seamlessly extracting and analyzing financial data
Software Capabilities
For us at QX, software makes for a key element for one of our three pillars of People-Process-Platform. The QX team works with all industry standard platforms to streamline financial planning & analysis for our clients. In addition, we are also open to implementing any additional systems to suit your specific needs.
Customer Stories
John O’ Brien, Chief Administrative Officer - Cardinal Group Companies
John O'Brien, Chief Administrative Officer at Cardinal Group Companies, reflects on the exceptional support and collaboration from the QX team during periods of significant growth, emphasizing their value as a strategic, long-term partner for the future.
Brian King, CFO, Eureka Holdings
Brian King, VP CFO -Eureka Holdings speaks about his experience of working with QX Global Group.
Sean Foley, MD – Finance, Greystar Europe
Sean Foley, Managing Director of Finance at Greystar Europe, discusses how QX Global Group has enabled Greystar's rapid growth through agile finance and accounting support, process optimisation and innovative technology.
FAQs
Financial planning and analysis (FP&A) outsourcing involves delegating key financial activities such as budgeting, forecasting, and analysis to an external specialist provider. This service helps businesses enhance their financial decision-making by leveraging expert skills and advanced analytical tools. By outsourcing FP&A, companies can gain deeper insights into their financial health, streamline their budgeting processes, and improve strategic planning with the support of dedicated professionals. This approach not only optimizes financial operations but also allows internal teams to focus on corebusiness functions.
Absolutely! FP&A outsourcing services are highly adaptable to meet the unique financial and strategic demands of your business. Providers typically offer customizable solutions that align with your specific operational goals, industry standards, and compliance requirements. This flexibility allows you to tailor reporting formats, financial models, and analysis to support informed decision-making and planning. Such personalized FP&A outsourcing services ensure seamless integration with your internal processes, enhancing overall efficiency and effectiveness.
Transitioning to QX’s outsourced FP&A services involves a methodical approach designed to ensure smooth integration and minimal disruption:
- Initial Consultation: Engage with stakeholders to understand specific business needs and financial goals.
- Assessment: Review your current financial operations and systems to identify integration points and necessary customizations.
- Solution Design: Develop a tailored plan that outlines the transition process, tools to be used, and roles and responsibilities.
- Implementation: Set up the necessary systems and processes, and integrate them with your existing platforms.
- Training and Support: Provide comprehensive training for your team on the new systems and processes, along with ongoing support to address any issues.
- Review and Optimization: Continuously monitor the performance of the outsourced functions and make adjustments to optimize efficiency and effectiveness.
Each stage is crucial to building a robust framework that supports your strategic objectives while enhancing your financial planning and analysis capabilities
Integrating financial data from multiple sources is a critical component of our FP&A outsourcing services. Here’s how we handle it:
- Data Aggregation: We use advanced data integration tools to collect and aggregate data from various sources, including ERP systems, CRM platforms, and external databases.
- Normalization: The data is then normalized to ensure consistency across different formats and systems, making it compatible for analysis.
- Secure Storage: All integrated data is stored securely in our centralized systems to maintain data integrity and confidentiality.
- Continuous Synchronization: We establish automated workflows to ensure data is continuously updated and synchronized across all systems, providing real-time access to financial insights.
- Quality Assurance: Regular audits and checks are conducted to maintain data accuracy and to quickly address any discrepancies or integration issues.
This systematic approach ensures that your financial data is comprehensive, accurate, and readily
available for strategic decision-making.
Choosing QXFA for your financial planning and analysis outsourcing needs brings several compelling
advantages:
- Expertise: Our team comprises seasoned financial analysts with deep industry knowledge, ensuring high-quality insights and strategic guidance.
- Technology: We leverage the latest in financial analytics tools and software to provide accurate forecasting and detailed analysis.
- Customization: Services are tailored to meet the specific needs of your business, ensuring alignment with your strategic goals.
- Cost Efficiency: Outsourcing with QXFA can significantly reduce operational costs while enhancing the efficiency of your financial operations.
- Focus on Core Business: Free up your internal resources to concentrate on core business activities, while we handle the complexities of financial planning and analysis.
These factors make QXFA an ideal partner to enhance your financial strategy and support sustained business growth.
Learn more about offshore FP&A services
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