An international SaaS start-up doing business in Europe had plans to set up operations in the U.S. The company’s plans also included moving individuals to the U.S. in order to work at the new U.S. operations.

The SaaS company sought an accounting firm that could provide personal and business tax services for its international entities. The company did not want to be bogged down with accounting work and was looking for an accounting service provider specializing in international business that could partner with them and lend the support necessary to help them successfully navigate setting up and running their U.S. operations. They chose to outsource their accounting needs to Gray, Gray & Gray.

In the beginning, the company’s accounting needs were minimal and handled via QuickBooks. Now that the company is up and running, has its sales team in place, and is generating sales, Gray, Gray & Gray has taken their accounting to the next level and shares advice as well as best practices in order to help meet their growing business demands.

Gray, Gray & Gray moved the SaaS company’s entire accounting and bill payment systems to the cloud in order to provide more accurate and current financial information during the company’s critical growth phase. By working in the cloud, the company enjoys collaboration in real time, giving them confidence in the financial state of their business. Through the cloud, they can have conversations about the company’s financials in the U.S. and overseas. They also have access to a live dashboard with key performance indicators specific to the company management’s needs. This reliable information not only helps to guide their daily operations and business decisions, but it helps with the year-end process as well. Documents are readily available in real time for both the company and Gray, Gray & Gray to access in order to complete the year-end tax work.