Case Studies

Outsourced Bookkeeping & Management Reporting for Complex Businesses

Outsourced Bookkeeping That Goes Beyond Compliance

Most businesses think outsourced bookkeeping is about bank reconciliations and ATO compliance.

At TaxOz, we deliver something very different.

We help complex, multi-site and multi-division businesses turn their financial data into meaningful management reports that support real decision-making — backed by an experienced outsourced team and local Melbourne CFO advisory support.

Who This Service Is For

This solution is ideal for businesses that:

Operate across multiple business divisions
Run from multiple locations or sites
Require monthly management reports, not just BAS
Have outgrown basic bookkeeping
Need better financial visibility for growth, funding, or internal decisions
Want more value from outsourcing than compliance alone

If this sounds familiar, you’re not alone — and you’re exactly who this service is designed for.

Case Study: From Bookkeeping to Business Intelligence

The Challenge

A fast-growing services industry business with multiple divisions and sites needed:

Consistent, accurate monthly reporting

Visibility across locations and business units

Reports aligned with leadership expectations

Improved confidence in the numbers

While compliance obligations were being met, the data wasn’t structured in a way that supported decision-making.

This was not a standard bookkeeping engagement.

Our Bookkeeping & CFO Support division began with discovery and design:

Multiple strategy sessions with the CEO and Managing Director
Deep collaboration with the local Financial Controller
Process reviews with Melbourne-based operational staff
Re-alignment of transaction processing and coding in Xero with reporting outcomes in mind
We deployed a blended team model:
Experienced offshore bookkeeping specialists
Senior management oversight
Local CFO-level advisory input

The focus wasn’t just accuracy — it was structure, consistency, and insight.

The Journey (First 3 Months)

Over a structured three-month period, we:

Cleaned and standardised historical data
Adjusted internal processing workflows
Implemented disciplined coding practices
Designed practical, leadership-focused management reports

This required consultation, guidance, and change management — not just bookkeeping hours.

The Outcome

The business now receives:

Group-level management reports
Division-wise performance reporting
Site-specific financial reports
Ongoing advisory support for continuous improvement

The finance function now supports planning, decisions, and growth — not just compliance.

Why Outsourced Bookkeeping Can Be Much More

Many businesses believe outsourcing is only suitable for: “Bank recs, BAS, and payroll.”

In reality, with the right systems and people, outsourced bookkeeping can:

Support internal decision-making
Improve readiness for working capital or funding
Replace the need for a large in-house finance team
Scale as your business grows

At TaxOz, we continuously refine our systems and processes to support businesses that want clarity, control, and insight from their numbers.

Our Difference

Experienced outsourced bookkeeping team

✔ Senior management oversight
✔ Local Melbourne CFO advisory support
✔ Deep understanding of complex business structures
✔ Reporting designed for decision-makers, not just accountants

Could This Be Your Business?

If your business:

Has complexity across sites or divisions
Needs better management reporting
Wants more value from outsourcing
Is planning growth, restructuring, or funding

Our Bookkeeping & CFO Support team can help design a solution that fits your business — not a one-size-fits-all service.

👉 Contact us to discuss your requirements and see how we can support your business this year.

Meet Vikas Sood, CPA | Our Founder

With over two decades of expertise in the finance and accounting (F&A) sector in Australia, Vikas Sood has a broad and varied background, spanning manufacturing, service-based industries, and public practice. His deep passion for finance and accounting drives his commitment to excellence and innovation at TaxOz.

Vikas founded TaxOz with a clear vision: to revolutionize outsourcing in the accounting realm. He believes that outsourcing should be a strategic and custom-tailored component of business operations, integral to scaling and strategic development. Under his leadership, TaxOz ensures that each outsourcing journey is thoughtfully integrated into the client’s business model, enhancing overall efficiency and growth.

Outside of work, Vikas is an avid practitioner of meditation and yoga, actively promoting these practices as paths to personal and professional well-being. He is dedicated to inspiring others to join him in this journey, enriching their lives and enhancing their overall health and productivity.