The Case for Fixed Fee Billing

Everyone is familiar with time and material billing. We do the work and whatever time it takes; we bill you at the end of the month. It may be fair, and it may be accurate, but it can give clients heartburn when they don’t have insight into their monthly expenses, especially in today’s environment. A new trend we’re seeing in outsourced service businesses, and one we’ve started offering, is fixed fee billing (a set cost for services that does not change based on time spent). Let’s explore how this could… read more


Onboarding: What Can You Expect?

When onboarding our new clients, we understand that this is the time to instill confidence, keep things moving forward and begin to build a relationship. The beginning of a successful onboard starts with in-depth conversations with a new client about goals, the current state of their back office and what success looks like for the company. But it’s even more than that. Let us walk you through what can you expect when onboarding with Eddye Dreyer Financial Services. Assess and Build a Plan of Action Most of the work for… read more


Outsourcing – What’s the Value?

Outsourcing has been around for decades but for many, the concept hasn’t been viewed in the right light.  Come decision-making time, the pitch to management teams considering outsourcing as a solution was all about one word—cost.  While cost is always a factor, it’s only one part of the equation. To truly compare your options between outsourcing and in-house support, you need to evaluate the total value, from experience to scalability, to overhead expenses. Increased Productivity Choosing to outsource your back office can allow management teams to stay hyper-focused on their… read more


Bookkeeping Services

Five Reasons Independent E&P Firms Should Outsource Their Bookkeeping

As an independent operator, you can’t afford to make an accounting error. By the same token, it can be extremely expensive to maintain a staff of specialized bookkeepers. That’s where outsourcing comes in. The benefits of outsourcing are many, and today’s blog will explore the top five reasons why you should farm out your oil and gas bookkeeping. 1. Save Money Anyone who’s been around oil and gas in the past few years knows how quickly unnecessary expenses can become a major liability. And one of the biggest expenses? Personnel…. read more