Keeping your Balance CEO Becky Brown spoke on the topic of the “Top 5 Reasons to Outsource Your Accounting. Here is a summary of her presentation:
1) Focus on Growth
This may seem obvious to some, but every minute you spend on your books is a minute you aren’t growing your business. There are plenty of accountants and bookkeepers out there who can do your books better and more efficiently than you, but no one can grow your company better that you can. So, while you focus on growing, selling, hiring and raising more money, your outsourced bookkeeping team can handle Accounts Payable, Accounts Receivable, and issue your financial statements.
2) Generate More Revenue
Inefficient internal bookkeeping processes can be a time waster for everybody in your organization, and time wasted is time not spent building revenue. Your outsourced bookkeeping team will set up efficient steps to reduce the number of touch points with each accounting item and allow your entire team to spend more time performing revenue generating activities.
3) Enjoy the Power of Teams
Individual full-time or part-time bookkeepers can be great assets to a company, but they can also be a liability. It’s never good to have such important information and processes handled by one person. Working with an outsourced team, you are protected against the risk that your bookkeeper may move or leave during a critical time.
4) Access to Best in Class Software
Your outsourced accounting team is in the business of knowing all about the best technology solutions to streamline your internal processes.
5) Grow with Confidence
Small businesses can grow very quickly. It can be a very difficult if your internal accounting team can’t scale quickly with you. Outsourced bookkeeping is infinitely scalable and will assign new bookkeepers to your account on an as needed basis to grow with you.
Call us today to discuss your immediate or future needs! Jodie Fish can be reached at email@example.com or feel free to call her at (480) 203-2100.