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Glossary
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Finance as a Service (FaaS)

What is Finance as a Service?

Finance as a Service (FaaS) is a model where businesses outsource their finance functions to third-party service providers. These functions can include accounting, payroll, financial planning and analysis, and others.

FaaS can be a cost-effective solution, especially for startups and small businesses, as it allows them to access high-quality finance functions without having to hire in-house staff or invest in expensive software. However, it's crucial to choose a reliable provider that understands your business needs and can provide the level of service you require.

Need help with other finance or startup questions?

Pilot provides bookkeeping, CFO, and tax services for literally thousands of startups and growing businesses. We've successfully processed over 10 million transactions for our customers and have unparalleled expertise when it comes to helping businesses succeed.

We're the largest startup-focused accounting firm in the United States, and we'd love to help you. To talk to an expert on our team and find out what Pilot can do for you, please click "Talk to an Expert" below, or email us at info@pilot.com.

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