Flores Financial Services, Inc.

Restaurants, grocery chains and hospitality companies in San Diego can hand their finance and people administration to an outside firm. Flores Financial Services, Inc. works as an external accounting and HR department, so that a client does not need to hire full-time accounting or HR staff. The firm describes itself as a family business passed down through generations, and says its accounting specialism in grocery, retail and hospitality spans more than 39 years.

Outsourced accounting from payables to CFO advice

The accounting service covers accounts payable and receivable, the move to paperless processes and accurate, timely reporting, through to CFO-level consulting. The firm says it can act as a client's full accounting department, handling everything from a single unit to groups with several hundred locations. It also supports clients through the stages of mergers, acquisitions and public offerings, drawing on industry-specific tools and technology.

Payroll and HR that keep employers compliant

The human resources and payroll service helps employers stay within the law and manage the risks of employing people. The firm describes it as covering payroll processing, HR administration and employee programs that benefit both the employer and its staff. The aim, the firm says, is to keep clients legally compliant while helping them focus on growth.

Dedicated teams and hosted software

Each client is given a small working group: one person handles the day-to-day accounts, a second checks the work independently, and a third manages the relationship, with all three reporting to senior management. The firm says this separation of duties supports security and timely reporting. Client books are kept on SAGE accounting software, which the firm describes as a top market product for secure data. The firm hosts that software itself and backs up client data every night to a secure offsite cloud store.

Clients and the firm's approach

The company says it works with more than 300 businesses, many of them restaurant groups that have relied on its consulting and accounting from the time they were founded. It describes a management approach that gives every team member the freedom to deliver the highest level of service, and it says its aim is to be a partner for its clients' success. The firm's online platforms, it says, give clients full access to the health of their business at all times.