Outsourced bookkeeping service provider firms have complete stability of accounting experts. Let's take an overview of points needs to be keep-in-mind before hiring a bookkeeping outsourcing company.
More than Just Lines on a Map: Best Practices for U.S Bike Routes
Tips For Hiring an Outsourced Bookkeeping Firm
1. Doshi Outsourcing
Points Need to Be Checked Before Hiring an Outsourced
Bookkeeping Firm
Can Outsourced bookkeeping services benefit your company? The answer is yes! There are
notable benefits of outsourcing bookkeeping work to India. Let's take an overview of the
benefits of outsourced bookkeeping services.
1. Outsourced bookkeeping service provider firms have complete stability of accounting
experts, allowing them to offer a small team of bookkeepers at a lower cost as compared
to hiring a full-time in-house bookkeeper.
2. It is expensive to hire, train and maintain a team of in-house bookkeepers. Outsourcing
service saves time and cost-effective.
3. With an outsourced bookkeeper, there will be no employee expenses such as pension
contributions, salary, national insurance, medical benefits, redundancy pay etc.
4. You can focus on your core strengths in expanding the business, while outsourced
bookkeeper handles other details.
Now, Let's dive into points needs to be keep-in-mind before hiring a bookkeeping
outsourcing company:
• Reliability: The firm should be highly reliable with rich experience in the field of
accountancy and bookkeeping. It should have consistently demonstrated integrity under
all circumstances throughout various assignments with different clients.
• Long term association: While engaging their services, it should be kept in mind that it
takes time for the bookkeeping firm to understand your business, your working style and
also to build a rapport. Hence longer the association, more the trust and quick
turnaround time.
• Customised service: Apart from collecting, categorizing and reconciling the financial data
and preparing P&L statements, Balance sheets etc for you, the firm will also customise
books of accounts for your quick reference at any time of the year.
• Security: Utmost care to be taken while appointing such firms, as sensitive data needs to
be shared. Testimonials should be asked for in order to know how the firm has
safeguarded data of existing clients.
2. Doshi Outsourcing
• Technology: With the rapid advancement in technology, the outsourced firm must adopt
the latest technologies and also adapt to the constantly developing business world. It is
mandatory that they know how to operate various bookkeeping software such as SAGE,
Xero, Quickbook etc.
• Easy accessibility: In today’s world, it is important that the outsourced bookkeeping
services are available to you 24x7 via different modes of communication for prompt and
smooth flow of information.
• Accuracy: Accuracy in a bookkeeper’s work saves a lot of time. He should be up to date
and equipped with the latest information and knowledge of accounting procedures,
taxes, new regulations, and other rules that keep changing.
• Knowledge of industry: This is required while looking for an outsourced bookkeeper as
the accounting procedures may differ from industry to industry. He should be thoroughly
well versed with the differences in the industry in which your business operates.
For any question on outsourcing bookkeeping service? You can search Doshi Outsourcing,
their team of experienced and qualified accountants is willing to help you.