Outsourced Accounting & Bookkeeping Services for Retailers

Outsourced Retail Accounting Services to Stay Competitive and Improve Profits

Retail businesses confront several financial obstacles as they strive for sustainable growth. To ensure store success, you need meaningful financial analysis and proven business insights to optimize profitability and align business strategies with growth plans. You need to govern areas critical to your business success, including financial visibility, business insights, cash flow, inventory tracking and more. In the retail space, PABS has been providing a comprehensive suite of accounting services to franchises, independent retail shop owners, supermarkets, discount retailers and more. We are well-versed with the accounting and technology know-how popular in the retail domain and serve online and brick and mortar retailers with precision. Partner with us to take your financial management to the next level.

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Outsourced Accounting Services for Retailers

Globally retailers are facing operational challenges like rising costs, shrinking margins, stiff competition, etc. As a trusted outsourced accounting service provider, we have helped many retailers to overcome these problems and transform their business completely.

Accounts Payable

Well-defined purchasing and AP routines to process, record and coordinate on all invoices

Accounts Receivable

Invoice entry, deposit processing, cash applications and monitoring, and reporting all sales against cash and merchant deposits

Daily Sales and Cash Reconciliation

Reconciliation between sales in the billing system vs accounting system, reconciling collection with bank and merchant statements

Inventory Control

Comprehensive inventory tracking that helps to reduce shrinkage, improves forecasting, reduces out-of-stocks and excess supply

Financial Reporting

Preparing month-end reports, trends, comparatives, etc. and setting up monthly financial review

BI and Analytics

Comparative information, industry performance, franchisee ranking, detailed dashboards and custom reporting

Accounting System Set-up and Implementation

System set-up and access, prior period catch-up or clean-up and implement standard operating procedures

Outsourced, Cloud-based Accounting Solutions

Expertise to work on leading accounting technology solutions that best fits your business needs

Benefits

Complete accounting service that drives business growth

Streamlined workflows and automation driven growth

Scalable and single/multi-location friendly offerings

Expertise at the intersection of accounting and technology

Draw useful insights and make better financial decisions

Efficient and flexible accounting services

Software Agnostic

We’re not tied to any specific software. This flexibility is our superpower. It means we’re all about being adaptable, agile and highly dependable. We don’t play favorites with software when it comes to providing top-notch accounting and bookkeeping services. We seamlessly adapt to your preferred software, giving you the strategic advantage, the nimbleness you need and the reliability you can count on.