Outsourced Finance and Accounting Services

As your organization grows, accounting gaps become expensive.

We deliver outsourced finance and accounting services through one integrated team responsible for daily operations, close, reporting, and oversight. You gain the structure of a full accounting department without building it internally.

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A Fully Integrated Accounting Department

Streamline your accounting with one dedicated outsourcing team for daily oversight, close, consolidation, and reporting. We deliver stability and control within a single engagement, managing your entire accounting function, systems, workflows, and reporting.

Financial Consolidations for Multi-Entity Healthcare Organizations

What’s Included in Our Outsourced Finance and Accounting Services

We offer a complete, integrated, and managed accounting infrastructure, covering daily operations, month-end close, multi-entity consolidation, reporting, and financial oversight. Our end-to-end service provides a reliable accounting department with clear structure and accountability. No individual service selection is required.

Day to Day Accounting Operations

Day-to-Day Accounting Operations

Accurate transaction processing, reconciliations, and ongoing oversight handled consistently across your organization.

Month-End Close & General Ledger Management

Month-End Close & General Ledger Management

Reliable, on-time close with accrual-based accounting and structured general ledgers.

AP, AR, and Cash Management

AP, AR, and Cash Management

Clear visibility into payables, receivables, and cash flow across entities and locations.

Financial Reporting & Audit-Ready Financials

Financial Reporting & Audit-Ready Financials

Clean financial statements, consolidation support, and documentation built for audits, lenders, and investors.

The Impact of Our Outsourced Finance and Accounting Services

Organizations rely on W Squared to bring structure, accountability, and consistency to their finance and accounting operations through a fully integrated team model.

EXCELLENT
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Based on 10 reviews
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andy smith profile picture
andy smith
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W Squared has been a wonderful partner. I have been impressed with the entire W Squared team, including their professionalism, can-do-spirit and responsiveness. Recommend W Squared highly.
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Rick Jacques profile picture
Rick Jacques
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We've worked with W2 for five years now, and they have been great. Very responsive, available, quickly familiar with our company, all in all great folks. Couldn't recommend them highly enough.
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KJ Harden profile picture
KJ Harden
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Very professional and experts in their field. I am glad our company chose LBMC W Squared as our accounting partner!
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David Manning profile picture
David Manning
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We have worked with LBMC W Squared for 3.5 years and have had a great experience with the entire team. The professionalism and ability to help our organization as we have scaled has been immensely important to our success. Without LBMC W Squared's support we wouldn't been able to achieve our goals nor grow as quickly as we have. They have been able to troubleshoot and customize their process to meet our needs and the uniqueness of our industry. Could not recommend them more.
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Michael Farrell profile picture
Michael Farrell
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I have engaged the W Squared team to provide outsourced accounting support for three separate companies. I have found the team to be highly qualified, responsive and cost effective and wouldn't hesitate to recommend the LBMC team for outsourced accounting support.
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Adam Salvador profile picture
Adam Salvador
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Professional, reliable, and knowledgeable. LBMC W Squared provided exceptional service, addressing all our financial needs with precision and clarity. Highly recommend!
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Conrad Pendergast profile picture
Conrad Pendergast
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The LBMC/W2 team has helped our business improve our accounting and payables processes, setting us up with a foundation to grow. Jonathan, Sam, and Ashley have all been a pleasure to work with.
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Irena Snider profile picture
Irena Snider
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LBMC W Squared has been an incredible partner to work with as the company's outsourced accounting function. LBMC implemented best in class processes and procedures, and implemented new systems and technology that have significantly improved timeliness and accuracy. They have customized the reporting based on the needs of the business and have been flexible to adapt when needs have changed. The team is very knowledgeable and true professionals in every aspect, I highly recommend working with LBMC W Squared.
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Paige Tabor profile picture
Paige Tabor
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LBMC W Squared is the team I trust for business accounting! After a change in jobs, I actively sought out the opportunity to work with LBMC W Squared again. They understand my business, they help me learn key elements of business management, and they are there for me when I need them most. I'm so glad to be working with LBMC W Squared again!
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Melissa Smithson profile picture
Melissa Smithson
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W Squared has been a great partner with our distributor business in helping us with Microsoft CRM customization, reports, and help desk support, as well implementation of the Inventory component of Microsoft Great Plains! Very customer focused and seem to be experts in each of these fields. I would recommend W Squared to any business!

One Team. One Structure. Full Accountability.

Start a Conversation About Your Accounting Structure

Outline your current accounting structure, areas of strain, delay, or reporting challenges. We will assess your setup for suitability with our outsourced finance and accounting services.

LMBC-W-Squared-LOCATIONS

Experienced Financial Leadership Behind Every Engagement

Your outsourced finance and accounting services are led by senior accounting professionals with experience supporting healthcare organizations, growth-stage companies, and multi-entity businesses operating under audit, investor, and compliance pressure.

 

Leadership involvement is embedded into every engagement to ensure your accounting function is structured correctly, operating consistently, and aligned with your organizational goals.

Evaluate the Strength of Your Month-End Close

Use our Month-End Close Cost Calculator to understand how delays, manual workarounds, and unclear ownership impact your reporting cycle. In a few minutes, you will see where your accounting structure may be creating risk and what a stabilized close should look like.

How Outsourcing Accounting and Finance Can Drive Growth for SMBs

Why Organizations Choose Our Outsourced Finance and Accounting Services

As organizations grow in complexity, accounting structures often become fragmented across internal staff, external vendors, and disconnected systems. Our model replaces that fragmentation with one accountable team and one defined structure.

We support organizations managing multiple entities, locations, and reporting requirements, ensuring consolidated visibility without losing operational detail.

You are not assembling separate providers or selecting services individually. Your outsourced finance and accounting services are delivered through one integrated team responsible for the entire accounting function.

Documentation, reconciliations, and reporting are structured to withstand audit scrutiny and external review.

Controller oversight is built into your engagement, with CFO-level support available for existing clients who require additional strategic guidance.

Why Organizations Choose Our Outsourced Finance and Accounting Services

How Our Outsourced Finance and Accounting Services Work

We align the right people, defined processes, and integrated systems to create a stable and accountable accounting function.

People | Processes | Systems

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Discovery Call

We learn how your organization is structured, what industry pressures you face, and where accounting is breaking down.

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Structured Onboarding

Systems are connected, entities are mapped, and responsibilities are clearly defined.

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Stabilized Operations

Month-end close, reporting, and daily workflows are standardized and fully owned by your team.

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Ongoing Reporting & Support

You receive consistent financials, clear insights, and proactive support as your organization evolves.

Systems That Support Our Outsourced Finance and Accounting Services

We work within modern accounting and spend management platforms to give you accurate, real-time visibility across your organization.

Systems

Industries We Support

Our outsourced finance and accounting services support organizations with complex structures, regulatory pressure, and growing reporting demands. While healthcare is a primary focus, we also work with companies facing similar operational and reporting challenges.

Healthcare

Healthcare

SaaS

SaaS

Private Equity Portfolio

Private Equity Portfolio Companies

Multi-Entity

Multi-Entity & Multi-Location Businesses

Serving Organizations Nationwide From Tennessee

W Squared is headquartered in Brentwood, Tennessee and serves organizations across the Greater Nashville area and nationwide.

 

LBMC W Squared Office Location:
3 Maryland Farms, Suite 150
Brentwood, TN 37027

Office Hours: 8 a.m. – 5 p.m. Monday-Friday

Bring Structure and Accountability to Your Accounting Function

FAQ's

Outsourced finance and accounting services provide a fully integrated accounting department without building one internally. Instead of hiring separate staff or vendors, you engage one dedicated team that manages day-to-day accounting, month-end close, reporting, and financial oversight.

No. An outsourced accountant typically handles limited tasks. Our model delivers a complete accounting function through a structured team that includes controller oversight and operational support under one engagement.

Your engagement includes daily accounting operations, month-end close and general ledger management, accounts payable and receivable oversight, cash management, multi-entity consolidation, and financial statement reporting. Everything required to operate a stable accounting department is included.

CFO-level support is available as an add-on for existing clients who require strategic financial guidance. It is not sold as a standalone service.

We do not provide tax preparation or audit services. We support tax and audit processes by delivering accurate, audit-ready financials and structured documentation.

In many cases, yes. Some organizations fully outsource their accounting function, while others use our team to strengthen and stabilize existing internal staff. The structure is determined during onboarding.

Because the engagement is team-based, support can expand as complexity increases. Additional oversight, reporting depth, or multi-entity consolidation can be incorporated without restructuring the entire accounting model.

Organizations with multiple entities, locations, reporting requirements, or audit pressure are typically strong fits. We support healthcare companies, SaaS businesses, private equity portfolio companies, and other complex operating structures.

Schedule a discovery call. We will review your current accounting structure, identify gaps, and determine whether our outsourced finance and accounting services align with your needs.

Hiring internally requires recruiting, training, benefits, and ongoing management. Our outsourced finance and accounting services provide an established team structure with defined processes and leadership oversight from the start. You gain department-level support without building and managing it internally.

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