Outsourcing accounting can significantly enhance business efficiency, allowing companies to process transactions and invoices up to 60% faster. It alleviates administrative burdens, enabling businesses to focus on core operations, and offers cost-effective solutions through access to advanced technologies and standardized processes. Bikham Finance, with 14 years of experience, provides expert outsourced accounting services that help businesses convert the cost burden into advantages.

1. Some points to convince you into accounting outsourcing
“If you deprive yourself of outsourcing and your competitors do not, you're putting yourself
out of business.” - Lee Kuan Yew.
Recent research stated that companies that leverage outsourced accounting for CPAs are able
to process transactions and invoices at least 60% faster than those who don’t.
With companies offering outsourced accounting
for CPAs, a little more can always be
accomplished even if you have access to limited
resources. The workload can be reduced
allowing increased focus on improving the core
aspects of a business.
Utilizing outsourced bookkeeping for CPAs can
help transform manual and paper-intensive
functions into a fully automated process. They
have the resources necessary to streamline the
accounting and bookkeeping process by
reducing administrative workload on the staff.
A majority of businesses feel much capable of turning the cost burden into advantageous
practices by seeking help of outsourced accounting for CPAs. They are able to turn the cost
burden into an advantage. With customized services at competitive prices, outsourcing
accounting and bookkeeping can be a smart choice.
The following are a few benefits of outsourced bookkeeping for CPAs:
Innovation
Outsourcing accounting and bookkeeping processes can help businesses to improve them
further as there is no need to get involved in exhaustive documentation, planning, execution,
and auditing processes. Decision making becomes easier and focus can be increased on the
core business.

2. Performance
Bringing about cost efficiency by standardizing business processes can be easily managed by
outsourced accounting and bookkeeping service providers. As a result, business performance
is improved while the cycle time and expenses are reduced.
Businesses having high employee turnover or seasonal hike in invoice volume, better
understand that hiring and training employees is an exhaustive and expensive process.
Limited capital and technical resources are also the reasons affecting growth.
Hiring an in-house accounting staff and maintaining the equipment & facilities can be costly.
Outsourcing here is an appealing option allowing businesses to maintain steady growth levels
with cost-effective methods.
Technology
Maintaining in-house technology options, especially
those with licensed models, require upfront
investment, along with regular software maintenance
and update expenses. Providers of outsourced
accounting for CPAs invest in cloud-based software
packages and invest time and money in product
upgrades. This benefits businesses in two ways:
Making the entire process quick and transparent and,
allows anytime, anywhere access to financial
information.
Standardization
Organized providers of outsourced bookkeeping for CPAs have standardized processes and
are always compliant with the Service Level Agreement, SLA. They take the entire
responsibility of designing processes, delivering results and controlling the output to ensure
that desired business goals are met.
Outsourcing to Bikham Finance!
Outsourced accounting for CPAs can be very beneficial to a business. Bikham Finance has
been offering expert outsourced accounting and bookkeeping solutions since the last 14 years
of its operation.