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1. Bookkeeping Outsourcing Services: How Your Small Business Can Benefit
Outsourcing is a clever means of freeing your few inhouse employees. Instead of forcing them to learn
bookkeeping, let a third party team of bookkeepers
assist you. Internal employees can be more
productive if you let them perform in the areas they
studied. So, instead of asking a marketer to become a bookkeeper, you could let them excel in
their area of specialization. Shortage of bookkeeping staff because of limited capital should no
longer be your excuse. There are third party accountancy firms that are willing to reduce your
office expenditures by up to fifty percent. Their strategy for achieving this promise is very
logical: bookkeeping outsourcing services.
First they work remotely. They do not require your office space, furniture or equipment.
Therefore you do not have to relocate to a bigger office after buying bookkeeping outsourcing
services. The service provider normally takes care of its staff affairs. You will not be asked to
lend a hand in any way, including supervising the team that will be assigned your work. This
alone will give you peace of mind and free your time. As they say, time is money. If you utilize
your freed time wisely, you can radically expand your small company. When a business expands
it makes more profits.
Another advantage to buying bookkeeping outsourcing services is that you would get overnight
updates. Many companies enable a continuous work cycle. A customer scans their transaction
documents and either uploads them on a server. Their provider of bookkeeping outsourcing
services works on the uploaded files and faxes them back in the same night. This ensures that
books are tackled every day. The service provider from outside your company can help you get
rid of redundant workers. This is so because you will no longer require your back-office
bookkeepers working for you when you could outsource. Thus you will free up office space in
your accounting department and turn it into another crucial office that could make you more
money.
Without doubt bookkeeping outsourcing services can give you access to competent professionals
who offer high quality results. Most accountants and bookkeepers are bound by professional
ethics. They strive to perform above the expectation of the customers so as not to leave a room
for errors. Using their service would eliminate your odds of getting in trouble with the IRS or
auditors. They will not find a single error in your financial statements or ledger accounts.
Because you will get a dedicated team of clerks, you will be able to spend the same money you
normally pay your single in-house bookkeeper. You might even be surprised at spending less
than their salary when you buy bookkeeping outsourcing services.
Furthermore the cost of recruiting and training new employees will no longer be incurred.
Instead you will use the time and money you would otherwise spend on recruitment and training
in other profitable ways. There are many hidden costs that employers do not see before hiring a
new employee. For instance, the cost of paying an agent to find a suitable candidate to fill the
position of an accountant or clerk is often overlooked. Then when the employee is assimilated
into the company, they cause additional payroll taxes, consume extra office space, requires extra
equipment, demand paid leaves and health insurance among other benefits. Thus you can safely

2. purchase bookkeeping outsourcing services and avoid dealing with additional in-house
employees.