CapActix Business Solutions

Finance and accounting work for American firms, carried out by an offshore team, is what this company sells. It describes itself as a technology-minded outsourcer, and it presents its services as a way for accountants and business owners to cut staff and overhead costs while keeping the quality of the books.

Bookkeeping that follows the accounting rules

The company maintains accounts for clients, reviews them regularly and prepares management reports in line with accounting rules, with the stated aim of avoiding adjustments when an audit arrives. It describes its approach as technology-led, using accounting software, business software, data analysis tools and support applications, and it says its workflows are tested and combine domain knowledge with an understanding of the client's own business.

Tax season capacity for CPA and tax firms

Outsourced tax preparation is aimed at CPAs, enrolled agents and accounting and tax firms across the USA. The company says it helps with the compressed tax season and offers both year-round and year-end preparation, keeping records and reports in line with tax legislation and compliance requirements. Separate audit support services are offered to CPA and accounting firms, with a team of auditors handling accounting audit work with a quick turnaround so a firm's own staff can concentrate on running audits smoothly and on time.

Payroll and the CFO function

Payroll outsourcing helps businesses manage payroll and set accurate salary components. At the senior end the company says it is more than a bookkeeper: its flexible engagement models allow it to take on the CFO function and act as a strategic partner. Projects begin with objectives agreed with the client and end only when they are met, and the firm treats strategies, technologies and methods as tools to be used where they give practical results.

How it protects client data

Data security is described as the most critical part of the service. Physical measures include biometric door locks, security personnel, alarms and video surveillance, with passwords, encryption and group policies on the network. Firewalls, anti-virus software and encrypted archives block spam, malware, spyware and intrusions. The company also describes a workforce virtualization model, in which a remote team works as an extension of the client's office.

CapActix Business Solutions is an offshore accounting company that takes on finance and accounting work for United States clients. It positions itself as technology-minded and uses accounting software, data analysis tools and support applications.

Services

• Bookkeeping: keeping accounts, reviewing them regularly and producing management reports in line with accounting rules.
• Outsourced tax preparation: year-round support for CPAs, enrolled agents and tax firms across the USA, especially during the busy season.
• Virtual CFO services: financial guidance and insight for owners who need a senior view without hiring one.
• Finance and accounting outsourcing: wider back-office accounting handed over to an offshore team.

Customers and markets

CPA firms, accounting and tax practices, and small to mid-sized businesses in the United States.

Key facts

• Data security: physical controls such as biometric locks, guards and cameras, plus firewalls, anti-virus tools and encrypted archives
• Model: offshore delivery for American clients