Frequently Asked Questions

  • What is Finance as a Service (FaaS)?

    FaaS brings together the People, Process, Technology, Organization and Data that is required to support a company's Finance, Accounting, and Tax Functions. FaaS provides the great opportunities for scalability and cost-effectiveness through the the integration of machine learning and AI.

  • What are the different types of FAO available in the marketplace?

    FaaS brings together the People, Process, Technology, Organization and Data that is required to support a company's Finance, Accounting, and Tax Functions. FaaS provides the great opportunities for scalability and cost-effectiveness through the the integration of machine learning and AI.


    Below are the different types of FAO. They do not provide the same benefits as FaaS:

    • Offsite
    • Offshoring
    • Onshoring
    • On-site Outsourcing
  • Why do organizations need FAO?

    Organizations outsource their Finance and Accounting Functions for a variety of reasons:

    • Cost Savings
    • Focus on Core Business
    • Cost Restructuring
    • Fixed Cost Operating Leverage
    • Converting a Fixed Cost to a Variable Cost
    • Quality Improvement
    • Access to Talent and Expertise – Best People and Best Practices
    • Scalability While Deferring Investment in Capacity
    • Catalyst for change – Outsourcer becomes a Change Agent
    • Reduce Time to Market
    • Prepare Financial Infrastructure for M&A
  • Why work with a Best-of-Breed Vendor?

    Rose Financial Services has deep, unmatched Finance and Accounting Outsourcing Expertise:

    • ROSE was ranked #11 on the 2010 List of Top 50 Global Outsourcers (Based on 30,000 responses to a Worldwide Survey of Users of Outsourcing Services)
    • ROSE was the #1 Outsourcer focused on Finance and Accounting Outsourcing.
    • Over 20 years in the Finance and Accounting Outsourcing Industry
    • ROSE will design your Finance and Accounting System to ensure that your company is obtaining the full benefit of outsourcing
    • ROSE provides its clients with up to 45% costs savings over internally run Finance and Accounting functions
    • ROSE will ensure the system you implement will scale as your company grows in the future
    • ROSE will provide you with access to Best People and Best Practices
    • ROSE will ensure that you have a strong Finance and Accounting System that provides meaningful Financial Information that is timely and accurate
    • ROSE professionals will provide you with financial guidance and financial clarity
  • Will we lose our current investment in our ERP or Accounting system?

    No, ROSE clients can maintain their current ERP or Accounting systems in most cases.

  • What is unique about ROSE's Finance and Accounting Outsourcing solutions?

    ROSE solutions are unique in that they are supported by an enterprise grade, ai enabled system of engagement that provide improved cost-effectiveness, scalability, and visibility for clients.

  • What are the typical benefits, ROI, and time to payback?

    • Financial clarity results from financial information that is timely and accurate
    • ROI is usually realized immediately as most of our clients reduce their costs between 25%-45% from their current accounting systems.
    • Onboarding usually takes 30 - 45 days.
  • Which stakeholders in my organization are affected by and benefit from Finance and Accounting Outsourcing?

    • Executives and management of your organization will receive better and more timely reporting and information.
    • Shareholders will benefit from the cost savings. RFS will get accounting and finance out of the way of a company’s growth!
    • Vendors and client relationships will improve as a result of high “customer service” levels in the accounting functions.
  • How long does it take to transition to a finance and accounting solution managed by ROSE?

    It will take 30-45 days from our kick-off call until RFS is able to manage the finance and accounting functions assigned to ROSE. We can generally assume transactional support within the first 7 – 10 days of an engagement.

  • Do I need to keep any finance or accounting staff in place after the transition to ROSE?

    We can adjust the scope of an engagement to support existing accounting and finance staff or to assume all of their responsibilities.  When ROSE assumes responsibility for a finance or accounting process, the client’s responsibilities associated with that function transition to administrative support or managerial approval.

  • Do we need to change any accounting systems or software?

    We support a wide variety of ERP/accounting software. Generally, there will be no need to switch to another accounting software unless it does not meet the needs of your organization. In addition, we can work with your existing systems including your current payroll providers, time and expense systems, etc

  • What types of organizations work with ROSE?

    We work with government contractors, non-profits including associations and public charities, and commercial businesses including technology firms, professional services organizations, manufacturing and distribution companies, and U.S. subsidiaries of international firms. Our clients range in size from start-up to $200+ million in revenue.

How can we help you achieve financial clarity?

Ready to gain financial clarity and take control of your financial future? Reach out to us now by filling out this contact form. Our team is here to answer your questions and guide you toward a brighter financial horizon.


Let's start the conversation today!

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