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WHY OUTSOURCED BOOKKEEPING IS A BILLION-DOLLAR BUSINESS (Reasons companies across the globe have been outsourcing their accounting and bookkeeping services) Sourcefit: Custom Offshore Staffing Solutions http://www.sourcefit.com/

Why outsourced bookkeeping is a billion dollar business

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Why thousands of companies across the globe have been outsourcing their accounting and bookkeeping services.

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Page 1: Why outsourced bookkeeping is a billion dollar business

WHY OUTSOURCED BOOKKEEPING IS A BILLION-DOLLAR BUSINESS

(Reasons companies across the globe have been outsourcing their accounting and bookkeeping services)

 

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Page 2: Why outsourced bookkeeping is a billion dollar business

Worldwide, outsourced bookkeeping is a $50 billion business sector. Bookkeeping is one of the most commonly outsourced tasks.

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Page 3: Why outsourced bookkeeping is a billion dollar business

That’s because:

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Page 4: Why outsourced bookkeeping is a billion dollar business

That’s because:

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(Reasons thousands of companies across the globe have been outsourcing their accounting and bookkeeping services)

Page 5: Why outsourced bookkeeping is a billion dollar business

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Accounting and bookkeeping are labor intensive and require a high degree of specialization.

Page 6: Why outsourced bookkeeping is a billion dollar business

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At the same time, these tasks are typically not among the core competencies of a company. So outsourcing them lets companies focus their time, energy, staff, and management on core competencies.

Page 7: Why outsourced bookkeeping is a billion dollar business

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Outsourcing accounting tasks also helps companies become more competitive by allowing them to focus on core tasks that would directly help the business gain an edge over rival companies.

Page 8: Why outsourced bookkeeping is a billion dollar business

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Some companies, for example, would then be able to use more time and energy on scheduling face to face time with customers or on sales.

Page 9: Why outsourced bookkeeping is a billion dollar business

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Hiring an outsourced accounting firm not only helps companies cut costs but also allows them to gain access to highly skilled employees that can guarantee accurate, high quality results that are delivered on time.

Page 10: Why outsourced bookkeeping is a billion dollar business

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The savings on costs as a direct result of outsourcing can go a long way toward helping the company remain competitive.

Page 11: Why outsourced bookkeeping is a billion dollar business

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Smaller companies and those that are understaffed can also benefit from outsourcing tasks like bookkeeping and accounting.

Page 12: Why outsourced bookkeeping is a billion dollar business

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Outsourcing in this case helps the limited number of in-house staff focus more on core competencies.

Page 13: Why outsourced bookkeeping is a billion dollar business

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Get excellent outsourcing results with careful planning, proper implementation, and a service provider that’s the right fit for your company’s requirements.

Page 14: Why outsourced bookkeeping is a billion dollar business

To learn more about outsourced bookkeeping, visit us at http://www.sourcefit.com/accounting-outsourcing

Page 15: Why outsourced bookkeeping is a billion dollar business

To learn more about outsourced bookkeeping, visit us at http://www.sourcefit.com/accounting-outsourcing

Text by:Fern Carlos, Sourcefit: Custom Offshore Staffing Solutions http://www.sourcefit.com/

Valerie