Outsourcing Accounting Services:
How to Plan
By Fern Carlos, Sourcefit: Custom Offshore Staffing Solutions
Thinking of outsourcing your accounting services?
Plan, plan, plan.
You need careful planning in order to make proper
execution and excellent results possible.
Here are some tips on planning your offshoring
strategy:
* Get a clear idea of the cost savings. Find out exactly
how much you will end up saving if you offshore and
what aspects ...
* Get a clear idea of the cost savings. Find out exactly
how much you will end up saving if you offshore and
what aspects ...
* Get a clear idea of the cost savings. Find out exactly
how much you will end up saving if you offshore and
what aspects ...
* Assess how the outsourced accounting tasks will
affect your onshore tasks and adjust accordingly.
* Plan how you will go about hiring a service provider to
make sure that you get to work with a firm that’s the right
fit ...
* If you expect to require more accounting services down
the line, you should consider hiring an accounting firm
with a wi...
* Build a Quality Assurance (QA) system. Your service
provider should be able to help you fine-tune this QA
system to come...
* Prepare to set goals and metrics. Establish what your
objectives for outsourcing this task and the measurable
elements o...
* Prepare to assess the accounting firm’s data
management. Does the system have adequate security
measures? Can the outsou...
Get excellent outsourcing results with careful planning,
proper implementation, and a service provider that’s the right
fi...
To learn more about outsourcing and about offshore
accounting services in the Philippines, visit us at
http://www.sourcefi...
To learn more about outsourcing and about offshore
accounting services in the Philippines, visit us at
http://www.sourcefi...
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Outsourcing Accounting Services: How to Plan

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http://www.sourcefit.com/accounting-outsourcing - To learn more about outsourcing and about offshore accounting services in the Philippines.

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Outsourcing Accounting Services: How to Plan

  1. 1. Outsourcing Accounting Services: How to Plan By Fern Carlos, Sourcefit: Custom Offshore Staffing Solutions
  2. 2. Thinking of outsourcing your accounting services?
  3. 3. Plan, plan, plan.
  4. 4. You need careful planning in order to make proper execution and excellent results possible.
  5. 5. Here are some tips on planning your offshoring strategy:
  6. 6. * Get a clear idea of the cost savings. Find out exactly how much you will end up saving if you offshore and what aspects of the process will you be getting those savings from.
  7. 7. * Get a clear idea of the cost savings. Find out exactly how much you will end up saving if you offshore and what aspects of the process will you be getting those savings from. Compute the total cost if you were to build and maintain an onshore team of accountants. Compare with the total cost of hiring offshore accountants.
  8. 8. * Get a clear idea of the cost savings. Find out exactly how much you will end up saving if you offshore and what aspects of the process will you be getting those savings from. Compute the total cost if you were to build and maintain an onshore team of accountants. Compare with the total cost of hiring offshore accountants. Include all applicable costs for staff compensation or salary, supplies, equipment, maintenance, construction, rent, training, office space, infrastructure, hardware, software, as well as the non-monetary benefits such as staff expertise, experience, and access to latest information, technology and best practices.
  9. 9. * Assess how the outsourced accounting tasks will affect your onshore tasks and adjust accordingly.
  10. 10. * Plan how you will go about hiring a service provider to make sure that you get to work with a firm that’s the right fit for your company.
  11. 11. * If you expect to require more accounting services down the line, you should consider hiring an accounting firm with a wide range of services, including the more complex accountings services and related tasks.
  12. 12. * Build a Quality Assurance (QA) system. Your service provider should be able to help you fine-tune this QA system to come up with a way to monitor and maintain excellent performance.
  13. 13. * Prepare to set goals and metrics. Establish what your objectives for outsourcing this task and the measurable elements of these objectives.
  14. 14. * Prepare to assess the accounting firm’s data management. Does the system have adequate security measures? Can the outsourcing firm keep your data secure and confidential?
  15. 15. Get excellent outsourcing results with careful planning, proper implementation, and a service provider that’s the right fit for your company’s requirements.
  16. 16. To learn more about outsourcing and about offshore accounting services in the Philippines, visit us at http://www.sourcefit.com/accounting-outsourcing.
  17. 17. To learn more about outsourcing and about offshore accounting services in the Philippines, visit us at http://www.sourcefit.com/accounting-outsourcing. Text by: Fern Carlos, Sourcefit: Custom Offshore Staffing Solutions Valerie

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