What? Why? Shouldn’t I be keeping my business’ actual numbers to myself?
Okay, so letting a complete stranger have access to your books and having them draw up your financial reports might sound odd at first, but hear me out.
Yes, staying on top of your business’ figures is vital. However, unless in-house bookkeeping is your core offering, it doesn’t make sense for you to be spending so much time on it each week. You might feel that you need to do everything yourself, but you need to change that mindset if you want your company to achieve significant growth.
For instance, while bookkeeping is an important task, it’s not the most rewarding thing you can do with your limited time. Instead of spending all those hours doing bean-counting, as they call it, you could instead be reaching out to prospective clients, developing your business, or expanding your product and service line.
Still not convinced? Fine, here are five more reasons why outsourcing your bookkeeping can benefit you:
1. Additional savings.
Huh? But I’ll be hiring a bookkeeper. That’s still an added expense!
Yes, but it will still cost you much less than hiring and training an in-house one. The latter will require a fixed employment contract as well as additional benefits on top of a salary. On the other hand, when you outsource bookkeeping functions, you only need to pay for the services you need, which brings us to…
2. Increased flexibility.
Unlike their in-house counterparts, you can hire remote bookkeepers on a part-time, full-time, or even on a project-based basis. So, if you find that your accounting and bookkeeping needs greatly vary throughout the year, you can scale up and scale back as needed.
This way, you don’t have to worry about needing extra hands during tax season or paying too much when things are quiet on the numbers front.
3. Access to a highly-trained specialist….even from a different continent.
Seasoned accountants and bookkeepers abound in some countries more than others, and outsourcing means you can transcend geographical boundaries. You won’t be limited to the candidates in your immediate area, and can hire based on expertise and experience.
And if you’re worried about hiring people from a Southeast Asian country like the Philippines, know that English is widely used there as a second language and that Filipinos have a neutral accent that’s easy to understand.
4. Access to top accounting systems and technology.
Xero, Quickbooks… Do any of these bookkeeping programs ring a bell? No? Then, you’ll be glad to hear that most remote bookkeepers are adept at using them.
Plus, if you don’t know which software is best for your business, your remote bookkeeper is bound to have suggestions.
5. Peace of mind.
You’ve already got a million things to do. Knowing that your bookkeeping is in good hands (and that it will get done no matter what), is one less thing for you to worry about. And that’s priceless.
If you’re still here and you’ve decided to give outsourcing your bookkeeping a try, read this for a complete guide as to how to go about it.
Or, you could go the easy way and simply schedule a callback with us here. Remote Staff’s rich pool of remote Filipino talents includes people who are proficient in the latest bookkeeping software. Furthermore, we take care of onboarding them for remote work so that they’ll always be ready when you are.
Try our services today and enjoy the benefits of having more time to do the things that truly matter.