Financial accounting is like the foundations of a house: not particularly exciting, but if there are problems, the whole building shakes. In German SMEs, this foundation is increasingly under pressure:
The skills shortage is hitting: with over 570,000 vacancies in commercial professions, it is becoming increasingly difficult to find and retain qualified accountants.
Regulatory requirements are becoming more complex: GoBD-compliant processes, e-invoice formats, the extended e-invoicing obligation from 2025 and, for many companies, the CSRD reporting obligations from 2026.
Digitization is changing everything: modern financial accounting works with automatic document reading, workflow management and intelligent algorithms – this requires IT and accounting expertise.
The solution: Financial accounting as a service – more than outsourcing
With this in mind, we at Konsultec have developed a new approach: FiBu as a Service. The concept combines the advantages of state-of-the-art ERP technology with the expertise of experienced accountants and a service-oriented business model.
What exactly is FiBu as a Service?
FiBu as a Service means that we take over your entire financial accounting as a continuous service – but unlike traditional accounting firms, we work directly in your existing ERP system.
This includes:
- Accounts payable: processing of all incoming invoices and payments
- Accounts receivable accounting: monitoring open items and dunning
- General ledger accounting: maintaining the chart of accounts and posting all business transactions
- Month-end closings: Timely preparation of financial statements and BWAs
- Reporting: Individual financial reports for management and controlling
How does this differ from traditional outsourcing?
With conventional outsourcing, your data is exported, processed in another system and then imported back. This leads to time delays and media disruptions.
With our FiBu as a Service approach, on the other hand:
- Your data stays in your system – our employees work directly in your ERP system
- Have real-time access to your current financial data at all times
- Are all processes seamlessly integrated – everything in one consistent system
- Benefit from our ERP expertise – we optimize the entire system landscape
The advantages: Why financial accounting as a service is ideal for SMEs
Personnel security
- No single point of failure due to a complete team
- Always sufficient capacity, even during seasonal peaks
- Expert knowledge available at all times
Cost transparency
- Transparent fixed price models based on your document volume
- No hidden costs for software, updates or training
- Scalable solution that grows with your company
Process optimization
- Automation of repetitive activities
- Paperless processes from order to payment
- Integration with other divisions
Compliance and legal certainty
- GoBD-compliant processes and archiving
- Current expertise on tax and commercial law
- Preparation for upcoming regulations
Case study from practice
A medium-sized eCommerce retailer from Bonn processes 3,000 customer orders and 150 incoming invoices every month. The challenges: Growth, time-consuming manual processes and staff recruitment.
The results after six months:
- Reduction of internal expenses by 85
- Reduced lead times from 9 to 2 days
- Punctual month-end closing by the 10th of the following month
- Error rate reduced from 5% to less than 0.5
The Managing Director: “We used to spend a lot of time collecting figures. Today, we use this time to make better business decisions.”
Frequently asked questions
Is my company suitable? FiBu as a Service is particularly suitable for medium-sized companies with 20-500 employees that value professional financial accounting and want to free up internal resources for their core business.
How secure is my data? Highest security standards: encrypted connections, role-based access rights, complete logging and GDPR compliance.
What does the service cost? The monthly costs are typically between 1,500 and 5,000 euros – significantly less than the full costs for our own staff plus software.
The next step: Non-binding consultation
Arrange a free initial consultation. We will analyze your current situation, identify potential for optimization and show you how FiBu as a Service would work in your company.
Konsultec GmbH – Simple. Clarity. Create. For over 25 years.