Thursday 11 April 2013

Outsource Accounting Services – A Solution to Employee Attrition There are many times that the accounting department gets so busy that they just need some extra help, or an employee retires, has an accident requiring them to be on long term sick leave, or the end-of-the year is just crazy. It's not a matter if "if" this will happen with any company; it's a matter of "when" it happens. There are a variety of outsource accounting services that have fully trained professionals who can step in at a moment's notice and pitch in to get all those backlogged accounting functions back on track. For many seasonal businesses, particularly at the end of the year, when financial reports are due, tax preparation season is starting, and because of the holidays, transactions have just doubled, hiring and outsourced professional is the solution.

Bonus Benefits

There are several reasons that outsource accounting services are great for those unexpected circumstances when an employee is suddenly out for a period of time, such as:

• Professionals are up-to-speed on the latest technology and software, and come with the experience to walk in the door and get to work immediately. These professionals know the accounting industry, are well versed on general ledger and other accounting practices, as well as tax preparation – whenever the need arises, the outsource accounting services has a professional accounting that fulfills the requirements for the client.

• There is a great cost-savings for the client. If the employee is out for a short period of time (or even a few months recovering), the cost of hiring a new employee for this period, paying benefits and overhead is negated when the outsource accounting services are brought in instead. When all the factors are considered, the cost savings to the client can be upwards of 50% when the outsourced services are used instead of hiring a new employee.

• These outsource accounting services have a lot of flexibility in their rates and assorted programs. They can have discounted long term rates for companies who need the services for a longer period of time, plus they have monthly and hourly rates as well. They are very flexible when it comes to working with the clients and creating the perfect package to meet their needs.

Many of these outsourcing services will work with the client to determine their current needs, and provide a proposal for the work that needs to be done, and identify the level of expertise that is needed to support the client. This gives the clients peace of mind when the professional accountant begins the work that they understand the company, the work load that has to be completed, and the timeframe; plus they guarantee the work will be done accurately and in the required time.

Now is the Time

When the end of year hits, or tax season hits, and the accounting department becomes strained with the additional workload, a professional accountant from outsource accounting services can be a blessing to the department. With Book2Taxes.com, the professional services are prompt, experts in their fields, and ready to get the work done when the need arises.

Accurate Accounting Services improves the ability of a firm to focus on business growth while simultaneously curtailing risks and costs. One such leading Accounting Service works for small and medium businesses worldwide.

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