Many of us have positive and negative views regarding outsourcing accounting services. But still the global graph of outsourced accounting services are increasing year by year, that means more and more businesses are opting to this service and found it more reliable and affordable as compared to in-house employees. Read this presentation and learn how businesses are saving up to 40% to 60%.
1. T H E T R U T H
AB O U T
O U T S O U R C E D
AC C O U N T I N G
2. Small businesses are outsourcing
their full or partial accounting
department tasks. An accounting
department handles the day-to-
day transaction coding, accounts
payable, accounts receivable,
payroll, ma n ag e me n t financial
reporting a n d m a n y other
services.
3. Still m a n y of the business owners
or individual find this is not good
for them, but the stats over the
years proves t h a t millions of
businesses are getting benefits
by outsourcing their accounting
tasks.
4. 2018 was the peak time of outsourced
accounting functions. Approx. $32
billion is spent by businesses on F&A
outsourcing, which is around 35.99% of
the total outsourcing market.
5. In the last 5 years, this
market has increased from
$27.3bn to $32bn approx.
9. Businesses can significantly save on
financials with outsourcing accounting
services. By outsourcing your accounting
operations, because you will have to only pay
what you need nothing more, nothing less.
You’ll get experts by your side at every
footstep. Outsourcing firms assign you a team
of experts who exclusively work on your
accounting books, giving you valuable advice
and surety that your financial reports meet
regulatory standards.
10. Outsourcing firms are always at the vanguard of
the technology, providers are equipped with the
latest tools to handle your accounting operations
efficiently. So you are not only getting access to
the expert team, but also the latest technology.
You can be confident with every financial
report as the outsourcing partner always
ensure that your data is accurate,
streamlining your back-office management
and allowing you to make better business
decisions
11. With outsourced bookkeeping and accounting
operations, you can easily focus your energy and
time on the growth of your business.
It clearly means that outsourcing helps to boost
the overall productivity of every business,
regardless of its size.
13. Well, there’s really no bad time to consider
outsourced accounting services. However, it can
be the perfect solution for startups, small or mid-
sized businesses at any level of the game. But as
the adage goes, “The sooner you start, the more
you can realize the benefits of outsourcing and
get ahead of your competitors”.
14. Will you be a part of this growing trend
of saving cost, time and resources?
Just drop your query and consult with
our experts absolutely free.
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