Why Outsource Your Books

October 18, 2011 by Ed Becker

Successful businesses utilize experienced outsourcing services as an innovative, cost-effective way to bring top professionals “in-house.” Outsourcing significantly reduces overhead while maintaining and often exceeding the level of quality personnel they can afford to hire.

Outsourcing allows business owners to:

• Concentrate on what they do best: generate revenue and grow your business.
• Significantly reduce the cost of maintaining an accounting department, and save on:
• Salary and payroll taxes
• Employee benefits
• Unemployment costs
• Costs associated with recruiting, hiring and training.
• Paying sick and vacation time.
• Overhead costs to maintain staff (rent, supplies, equipment, furniture)
• Increase the level of quality, expertise and experience associated with your financial reporting function, gaining an unbiased perspective.
• Employ a dedicated Account Team.
• Reduce the impact of employee turnover at your organization.
• Gain access to the outsourcing company’s network for services and potential revenue enhancements.

When choosing an outsourced accounting firm, look for a company that has the expertise to offer guidance as well as accounting services, has certification and a strong background in the software that they utilize, and takes responsibility for their work.
Engaging the services of an outsourced accounting firm can afford you the time to concentrate on what you do best: running your business and generating revenue.