Outsourced Accounting Systems and Services (OASyS)

Withum’s OASyS Team supports all our accounting needs and has provided a flawless and reliable service in preparation for our Series A, and we have been working together with them ever since.
As we progressed to our Series B round, an audit became necessary, and Withum assisted us in selecting an auditor and was significantly involved in ensuring a successful PCAOB audit. Their expertise brings peace of mind and confidence not only to our leadership team at Invetx but also to our Board and investors.

Over the years, Withum has provided a range of services to us, as our business needs change, including financial close and reporting, preparation of our tax provision and returns, and audit support. Currently, Withum provides administration of our payroll and accounts payables processes. For an early-stage company such as ours, cash management is key to our success. We are a lean team, but together with Withum, we maintain consistent processes and controls to achieve operational success.

Withum’s OASyS Service Team reduced the time I spent on accounting work, minimizing my worry about the accounting records. The Team also increased efficiencies by helping us implement Expensify. Using Withum has freed up an enormous amount of time, allowing me to focus on my semi-retirement and the more critical aspects of the business.

We rely on the Withum Outsourced Accounting Services Team to provide complete accounting services from bill payment and processing to financial statement reporting which both our leadership teams and investors rely upon. In addition to these services the Withum team assists with our forecasting, cap table management, financial due diligence and a variety of other matters which arise in the course of running a business.
Overall, our costs for these services are significantly less expensive than hiring our own full-time employees to staff a department. Further, when matters arise where more sophisticated financial expertise is required, we are able to leverage our team and utilize the services of other financial and tax professionals employed by Withum to provide needed assistance.

Partnering with Withum’s OASyS team has been a transformative experience for our firm. Their comprehensive suite of accounting services, including detailed monthly financial reporting, efficient bill payment processing, payroll management, cash flow and sales tax support, has streamlined our financial operations and empowered us for success. The team’s responsiveness and expertise are unparalleled — they’re always just a call away, ready to address any questions or concerns with precision and care. Our relationship with Withum OASyS has been invaluable over the last several years.

Working with the Withum team has been instrumental to the success of scaling and growing SimpliFed’s business. They are incredibly client-driven to build the models, financial statements, and materials to allow us to be successful in our board discussions, understanding our financial metrics for our internal team ops, and getting investor-ready for due diligence as part of upcoming fundraising. They bring such financial savviness and acumen and serve it up to you to allow you to move fast to lead your organization to accomplish your goals while still ensuring your financial discipline is strong.

Withum’s Outsourced Accounting Services have been a game-changer for our business. Deepa and Amanda have provided exceptional support, ensuring our financials are accurate, organized, and always up to date. Their expertise and proactive approach have streamlined our accounting processes, allowing us to focus on growth with confidence. We truly appreciate their responsiveness and dedication to our success. Withum is more than just a service provider – They’re a trusted partner.

As a small business working with some of the world’s biggest brands, staying on top of financial management and tax planning is crucial. Withum’s OASyS team has been invaluable in keeping our day-to-day operations clear and well-documented. They ensure we understand the details that impact our strategic decisions. We benefit from accurate, on-time reporting and a network of trusted advisors who are ready to step in whenever new issues or opportunities come up.

As a fast-growing startup with multiple revenue streams, it was critical for us to build a solid financial foundation. Withum has been an exceptional partner every step of the way. They’ve implemented the right systems to help us track our finances, understand our month-over-month performance, and proactively manage our expenses and key financial drivers. Their strategic guidance and attention to detail have given me peace of mind and clarity as we scale. I couldn’t ask for a better accounting partner.

Withum acts like an extension of our team. Their outsourced accounting support has improved our close process, strengthened our controls, and given real-time visibility into the numbers. Their tax advisors bring calm clarity to complex questions and surface smart planning ideas. The combination of service quality, speed, and judgement makes them a trusted advisor for us.