Corefino, Provider of Outsourced Accounting and Finance Services, Urges CFOs and CIOs to Abandon the Outdated “On Premise” Software Paradigm

Corefino, the first and only company to combine the people-place-platform accounting strategy, offers CFOs and CIOs with alternatives to their standard “on premise” software paradigm that provides only standard results. Through Corefino’s own Triple-C Best Practices/ Workflow Platform accompanied by their ‘Triple Play’ solution of Software-as-a-Service (SaaS accounting), business process outsourcing (BPO) SUNNYVALE, CA, September 04, 2009 /24-7PressRelease/ — Corefino, the first and only company to combine the people-place-platform accounting strategy, offers CFOs and CIOs with alternatives to their standard "on premise" software paradigm that provides only standard results. Through Corefino’s own Triple-C Best Practices/ Workflow Platform accompanied by their ‘Triple Play’ solution of Software-as-a-Service (SaaS accounting), business process outsourcing (BPO), and a custom-built technology portal, clients are enabled to provide accurate, on-time, and consistent books without staff hiring, training, and management.

Corefino’s Triple-C Best Practices/Workflow Platform for online accounting consists of Connect, Correct, and Comply. Connect means 24-7 access through the Web. Correct entails a roadmap to sustained audit readiness. And Comply pertains to Best Practice solutions; GAAP (generally accepted accounting principles) conformance.

"Corefino customers can reduce costs by up to 40% per year by using our ‘Triple Play’ solution to handle their organization’s routine accounting in the new, proven accounting on demand framework," says Jay Shah, Vice President of Corefino’s Operations and Technology. "Corefino is not a software vendor, but an accounting solutions enabler – it is software agnostic. We are partnered with many SaaS accounting solution providers; it will match the right technology solution, to the right people and the best practices…that are right for growing mid-sized companies."

With the people-place-platform strategy Corefino clients are empowered in their Internet accounting capabilities. They are industry-matched with an experienced accounting team that delivers financial guidance and oversight excellence to ensure GAAP compliance, as well as due-diligence ready and Sarbanes-Oxley ready practices. Corefino’s cloud-computing-based accounting solutions enable clients to have 24-7 connectivity via the Web to their financial data. And Corefino’s custom-built Triple-C Platform includes more than 500 business processes, workflow and quality assurance checks and reviews.

About Corefino, Inc.

Corefino provides outsourced accounting and finance services, including financial reporting, outsourced GAAP accounting, equity administration and audit readiness. For more information please visit http://www.corefino.com/, or call 1-650-989-7478.


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