A number of reasons can be listed to support the accounting outsourcing of your company rather than setting up and maintaining an own accounting department.
Complicated and untraditional cases are regularly encountered in the accounting practice and quite often an ordinary operation accountant would not be able to solve them. In a company specialized in professional accounting services, tax and financial advising, such cases and their solution are daily activity. It is due to both the employees’ high qualification in such an accounting company, and the wide range of activities, problems to solve respectively, which the companies-clients have.
One should also take into consideration the starting costs for setting up an independent accounting department in their company . The costs for setting up and equipment of an accountant’s work place, for office equipment and specific software are just a part of them. The said costs do exist in the companies providing accounting services as well, but once incurred they are split among all companies-clients. Thus, the expense for each individual company is smaller which also reduces the cost of accounting services and the price You, a future client, would pay.
The situation with any current expenses for monthly maintenance of a separate accounting department is similar. Such are the costs for accountants’ salaries, social and health insurance contributions, potential compensations or premiа, and without forgetting paid leaves and sick leaves we get to stationery and office consumables, and any other costs required for the normal course of the work process. In a company doing accounting professionally these current expenses are allocated among all companies-clients and as a result the service cost is incomparably lower.
Another advantage of using specialized accounting companies is the responsibility they have for missing deadlines, incorrectly processed data, etc.
Briefly, the basic advantages of using outsource accounting services are:
Higher quality of the accounting service;
Incomparably lower price of the accounting service, meaning lower costs;
More time for you to pay attention to your main business, meaning higher income;
Higher income, lower costs at a better quality!
In conclusion, we can give our opinion that the global market has proved service outsourcing as economically consistent and profitable for both the companies offering them and those using them. We believe that outsource service offering in the accounting, tax and financial areas, similarly to the outsourcing in the IT industry for example, will be talked about as a rule rather than an exception.
Over 30 years of expertise in the area of accounting, taxes and finance stand behind "B & Si Service". We render the full range of accounting services and administration, solve your tax cases, regardless of how complicated they might be, perform financial transactions and offer you consultations accompanying your business. The accounting service, we are offering you will exceed your expectations for professionalism, accuracy and honesty.
We are here to build up long-term relations based on trust and mutual assistance. We will accept your challenges as ours and together with you we will fight them, so your business is given the chance to develop and prosper. Our efforts as an accounting company are focused exclusively and fully on you, our clients. You are our employer who we work for and report to. The accounting services we render aim at providing utmost benefit for your business with prices and quality– without competition. Business ethics is more important for us than current profit.
We believe in the loyalty to the client, the company secret, the honesty in relations, the thorough understanding of problems and taking adequate measures for their solving.
If you share our ideas and values too, please do not hesitate to contact us on thecontact details given or require free online consultation.