FAQ

Choosing StrategyPlus

How do you work with us remotely?

We assign you a UAE-based, dedicated team of bookkeepers, staff accountant and accounting manager who work from our service center in Dubai. They’ll communicate with you in many different ways including phone, email, text message and GoToMeeting, whatever works best for you.

What accounting software does StrategyPlus support?

We are experts in many accounting softwares including Oracle, Quickbooks, Tally, sage, peach tree etc. and many Tailor made accounting system design for growing businesses. We can get the most out of these software by leveraging its hidden features and integrating it with 3rd Party Tools and Apps that extend its capabilities.

Do I still need in-house bookkeeping or accounting staff?

No. You may decide to handle certain accounting functions in-house, or we can become your complete virtual accounting department. The StrategyPlus service team will need to liaison with someone on your staff however, they do not need to have accounting skills.

How long does it take to get started?

StrategyPlus has a disciplined, centralized onboarding process to make sure we are efficient with your time and you benefit from the highest quality system design we have to offer. We handle your books right away! However we take the time to really understand your business and incorporate your feedback in the onboarding process. Full design and optimization of your accounting systems, policies and procedures, and reporting needs takes sixty to ninety days.

What's the difference between StrategyPlus and hiring a local bookkeeping service?

With StrategyPlus, you get a UAE Based Fractional Accounting Department that delivers on-time, actionable financial intelligence and keeps you audit ready and tax ready 12 months of the year. Instead of relying on the experience, availability and technological know-how of a single person, you’ll have an entire dedicated team of professionals who are experts in small business accounting compliance.

Here are the main additional benefits of choosing StrategyPlus over a local bookkeeping service:

1. Reliable, Accurate Financial Results - You'll have a second set of eyes on every financial report we deliver, and you have access to additional expertise within our service center. And, because you're working with an entire team, you never have to worry that your accounting will suffer due to turnover, vacation, sick leave, maternity/paternity, or other paid time off. 
2. Accounting Expertise on Demand - By working in dedicated teams, we can delegate most tasks to staff accountants and bookkeepers because they are trained and work side-by-side with experienced accounting managers. They get to know your business and bring a level of accounting best practices and knowledge that is not seen within a bookkeeping service.
3. Advanced Decision-Ready Financial Reports -  Our management accounting practices ensure you have the right financial information at your fingertips in order to make data-driven decisions, including financial reports, KPIs and company scorecards that are customized for you business and goals.

How does StrategyPlus help protect me against fraud?

StrategyPlus helps reduce your risk for fraud by implementing separation of duties within your accounting functions. We'll also write disciplined processes and procedures for your month-end closing and implement internal controls to help deter theft, and more quickly detect fraud should you be victimized by an employee.