IT Managed Service Providers face unique challenges in managing their accounting functions. From recurring revenue recognition to SaaS licensing costs, the financial landscape in the MSP industry is continuously evolving. Cordatus Resource Group provides a comprehensive solution through our specialized outsourced MSP accounting services. Our experienced teams understand the intricacies of technology service finance, allowing you to focus on serving your clients while we handle your accounting needs.
At Cordatus Resource Group, we have extensive experience serving various MSP sectors. Our deep understanding of the MSP industry enables us to provide tailored accounting solutions that address the specific needs of your organization.
Our meticulous process mapping procedure allows us to
support a full range of MSP accounting functions.
• Recurring revenue tracking and recognition
• Service contract billing management
• Project-based revenue accounting
• Commission calculations and tracking
• SaaS license cost management
• Hardware and infrastructure cost tracking
• Labor cost allocation
• Service delivery cost analysis
• Client billing and collections
• Vendor payment management
• License renewal tracking
• Subscription payment processing
• MRR / ARR tracking and forecasting
• Service profitability analysis
• Cash flow management
• KPI monitoring and reporting
• Technical staff payroll processing
• Benefits administration
• Time tracking and billing
• Performance-based compensation
We understand that MSPs rely on various industry-specific tools and PSA platforms. Our comprehensive process mapping and documentation procedures enable us to work efficiently. By aligning our tech stack with yours, we ensure a smooth transition and uninterrupted workflow.
With Cordatus Resource Group, you gain access to highly skilled MSP accounting professionals at globally competitive rates. Our outsourcing model allows you to scale your accounting operations cost-effectively without compromising on quality or expertise.
We implement sophisticated revenue recognition processes that comply with accounting standards while accurately tracking and reporting your recurring revenue streams, including monthly service contracts and project-based income.
Yes, our teams are experienced with major PSA platforms and accounting software used in the MSP industry. We adapt our processes to work seamlessly with your existing systems.
We track and allocate SaaS licensing costs across your client base, ensuring accurate cost allocation and profitability analysis for each service offering and client.
We maintain strict data security protocols, including encrypted communications, secure access controls, and compliance with industry standards to protect your sensitive financial data.
Our extensive talent pool and streamlined onboarding process allow us to scale your accounting operations rapidly, typically deploying dedicated teams within weeks.
Contact us today to learn how our outsourced MSP accounting services can streamline your financial
operations and support your company’s growth.
Interested in learning more about how our solutions can benefit your business?
Send us a message, and let’s schedule a consultation.
