IQ BackOffice

About

IQ BackOffice is a leader in finance outsourcing, accounting outsourcing and human resources outsourcing, offering 99.97% accuracy and up to 68% savings to companies around the globe. We deliver customized solutions for transactional activities with our accounts payable outsourcing, accounts receivable outsourcing and payroll outsourcing services, plus general accounting outsourcing and financial statement preparation to create a complete finance and accounting solution.

read more

Growth

IQ BackOffice is positioned as a scale-up company that offers financial business process outsourcing services for large and mid-sized enterprises worldwide. The company has developed a proprietary platform that aims to automate, reengineer, and streamline complex financial processes to deliver significant cost savings and quality improvements to its clients. With a focus on delivering world-class finance processes, IQ BackOffice leverages its clients' existing infrastructure to enhance efficiency, decision-making, and financial controls.

Achievements

IQ BackOffice has achieved significant milestones in its history, including partnering with leading global companies in various industries such as steel manufacturing, technology, entertainment, retail, restaurant chains, distribution, energy, healthcare, real estate, and financial services. The company's key achievement includes assisting Hair Cuttery in acquiring a large chain of hair salons by implementing a state-of-the-art back office infrastructure in just 30 days, resulting in substantial cost savings and improved financial processes. IQ BackOffice has also demonstrated expertise in accounts payable, accounts receivable, payroll, and other financial process outsourcing services with tangible benefits for its clients.

Case Studies

One notable case study involves IQ BackOffice's work with a global clothing wholesaler and retailer to digitize accounts payable processes alongside their SAP environment, resulting in a 54% cost reduction. Additionally, the company assisted one of the largest restaurant chains in the USA by developing a process to reconcile and collect monies from third-party delivery services, optimizing accounts receivable. Another case study showcases IQ BackOffice's expertise in payroll outsourcing, where it successfully onboarded over 7,000 employees for a retailer acquired by a private equity firm within a few weeks, ensuring accuracy and efficiency.

Key Events

Key events for IQ BackOffice include the implementation of its proprietary Archimedes platform, which automates financial processes and enables clients to reengineer workflows for optimal performance. The company's focus on automation, efficiency, cost reduction, and quality improvement has resulted in significant achievements across accounts payable, accounts receivable, payroll, and other financial outsourcing services. IQ BackOffice's dedication to delivering real-time information, best practices, and scalable solutions has positioned it as a trusted partner for clients seeking innovative financial process solutions.

Socials

company logo
Founded

2002 (22 yrs old)

Operating Status

Active

Industry

Manufacturing

Food & Beverages

Hospitality

Real Estate

Legal

headquarters
Address
Country
Employees

1000

Key People

David Schnitt. (CEO)

Team Members

IQ BackOffice Support Team (support team)

Services

Financial Process Automation

Accounts Payable

Accounts Receivable & Billing

Managed Payroll

Full Service Accounting

Revenue

Operating Income

Stock Price


Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success

Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.

Why Choose a VDC for Your Company?

1. Cost Optimization:

Save up to 70% on operational costs by leveraging remote teams and streamlined processes.

2. Expert Access:

Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.

3. Scalable Teams:

Scale your team as business needs evolve, from initial project setup to long-term support.

4. Accelerated Timelines:

Leverage 24/7 global teams to reduce project delays and speed up implementation.

5. Continuous Support:

Ensure uninterrupted business performance with ongoing maintenance and updates.

Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us

Book A Meeting To Setup Your VDCovertime
Similar Companies

Welcome to AiDOOS Wiki

AiDOOS Information Wiki provides comprehensive information about products, companies, and individuals.


IQ BackOffice

company logo

About IQ BackOffice

IQ BackOffice is a leader in finance outsourcing, accounting outsourcing and human resources outsourcing, offering 99.97% accuracy and up to 68% savings to companies around the globe. We deliver customized solutions for transactional activities with our accounts payable outsourcing, accounts receivable outsourcing and payroll outsourcing services, plus general accounting outsourcing and financial statement preparation to create a complete finance and accounting solution.

read more


Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success

Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.

Why Choose a VDC for Your Company?

1. Cost Optimization:

Save up to 70% on operational costs by leveraging remote teams and streamlined processes.

2. Expert Access:

Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.

3. Scalable Teams:

Scale your team as business needs evolve, from initial project setup to long-term support.

4. Accelerated Timelines:

Leverage 24/7 global teams to reduce project delays and speed up implementation.

5. Continuous Support:

Ensure uninterrupted business performance with ongoing maintenance and updates.

Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us

Book A Meeting To Setup Your VDCovertime
overtime