Bridge the Accounting Talent Gap with Northward Partners
In today's challenging landscape, businesses face a significant shortage of qualified accounting professionals. Outsourced accounting emerges as a strategic solution, offering immediate expertise and scalability without the overhead of full-time hires.
Key Benefits
- Reduce Turnover: Companies utilizing outsourced accounting report a 40% decrease in internal accounting staff turnover, alleviating burnout and enhancing team stability.
- Enhance Accuracy: Outsourced teams fill bandwidth gaps, ensuring timely and precise financial reporting, leading to fewer errors and improved quality.
- Optimize Costs: Outsourcing can slash accounting expenses by up to 50%, eliminating costs associated with salaries, benefits, and training.
- Access Specialized Expertise: Benefit from a team of professionals with diverse skills who provide more comprehensive support than a single in-house hire.
- Strategic Financial Leadership: Fractional CFOs offer high-level strategic planning and financial oversight, guiding businesses toward sustainable growth.
Innovative Solutions for Every Business
Accounting Outsourcing
Your Full-Service Financial Department—Without the Overhead
Gain back your time and peace of mind. With Northward Partners, you get a fully outsourced accounting team that acts as an extension of your business. From daily bookkeeping to monthly reporting, we deliver accurate, timely, and transparent financials—so you can focus on what you do best.
What’s Included:
- Monthly close and reconciliations
- General ledger maintenance
- Custom reporting and financial dashboards
- Real-time support and insights
Fractional CFO & Controller Services
Executive-Level Financial Leadership—On Demand
At Northward Partners, we understand that not every business needs a full-time CFO or Controller, but every business deserves financial clarity and strategic direction.
Our Fractional CFO and Controller services give you access to seasoned financial leadership without the cost or commitment of a full-time hire. Whether scaling, stabilizing, or preparing for investment, we’ll help you make confident, data-driven decisions.
What We Provide:
Strategic Financial Guidance
- Forecasting, budgeting, and scenario planning
- KPI development and performance dashboards
- Growth strategies, M&A planning, and capital raises
Operational Oversight
- Monthly financial reviews & variance analysis
- Cash flow monitoring and management
- Internal controls setup and financial process design
Compliance & Reporting
- GAAP-compliant financial statements
- Board/investor reporting and audit coordination
- Grant and fund reporting for nonprofits
When to Bring in Fractional Leadership:
- You’re growing fast and need a financial structure
- You want deeper insights from your data
- You’re preparing for a fundraiser, audit, or expansion
- Your current team needs senior-level oversight
IT Assessment & System Implementation
Smarter Software. Smoother Operations.
From QuickBooks Online to advanced integrations, we assess, implement, and optimize your accounting systems to match your business model and goals. Our experts ensure the right tech stack is in place to grow with you.
Services Include:
- Current system assessment & tech roadmap
- Software selection & implementation
- QBO setup, migration, and training
- Integrations with payroll, AP, CRM, eCommerce & more
Catch-Up & Clean-Up Services
Behind on Your Books? We’ll Catch You Up—Fast.
Whether you’re months or years behind, our accounting clean-up team steps in with zero judgment and 100% focus. We restore order, accuracy, and compliance to your financials, making tax season, audits, and decisions less stressful.
What We Handle:
- Historical transaction entry
- Bank, credit card, and loan reconciliations
- Fixing misclassifications and errors
- Cleaning up accounts payable/receivable balances
Audit Preparation
Be Audit-Ready, Always.
Don’t wait until the audit is at your doorstep. Our proactive audit preparation services ensure your books are compliant, organized, and bulletproof. We help you compile documentation, meet standards, and reduce the stress of financial scrutiny.
Included Support:
- Pre-audit financial review
- Supporting schedules and documentation
- Audit request response coordination
- GAAP alignment and error detection
Audit Assistance
Navigate the Audit Process with Confidence
Already being audited? Let us help you through it. We’ll manage auditor communications, respond to document requests, and ensure all financial statements are validated and complete.
We’ll Handle:
- Audit PBC (Prepared by Client) list fulfillment
- Liaising directly with auditors
- Corrections and reconciliations
- Ensuring transparency and audit trail integrity
Payroll Services
Compliant, Accurate, and Painless Payroll Management
Payroll shouldn’t slow you down. We take care of the entire payroll process—from onboarding to tax filings—so your team is paid accurately and on time, every time.
Services Include:
- Payroll processing & direct deposit
- Tax filings & W-2/1099 prep
- Benefits tracking & compliance
- New hire setup & offboarding
Transactional Processing (AR/AP)
Precision-Driven Billing and Payment Cycles
Let us streamline the back-office burden of managing incoming and outgoing payments. Our team ensures your receivables are collected, payables are tracked, and everything aligns with your cash flow goals.
We Manage:
- Customer invoicing and collections (AR)
- Vendor bills and payment schedules (AP)
- Approval workflows and payment runs
- Reconciliation with accounting systems