Accounting firm Dean Dorton Allen Ford PLLC has launched a cloud-based accounting and financial outsourcing services practice.

The new Dean Dorton Accounting and Financial Outsourcing, or AFO, team offers basic transaction processing, mid-level services such as managing bills and invoices, and outsourced CFO services. Clients can access Web-based dashboards, reporting and business intelligence capabilities that are built into the accounting software system. The system uses analytics and reporting tools to give real-time visibility into financial and operational data. Clients can also run financial reports by dimensions, such as by customer, vendor, project or fund.

“Organizations of all sizes must … adopt more robust financial management systems that enable them to better monitor their performance on an ongoing basis so they can react effectively to rapidly changing market dynamics,” said Jason Miller, the firm’s director of business consulting services. “For a fixed monthly fee, Dean Dorton AFO offers the next generation of financial management solutions and expertise delivered via the cloud, enabling a growing number of businesses of all sizes to respond to these challenges.”

The firm reported having seen an increase in demand for collaborative cloud-based applications for business executives and their teams in order to provide financial data more efficiently and effectively.

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