Outsourcing has to be the way to save your business money in these tough times with Covid-19 and effects of riots you have to deal with. If you’re a small business owner, you’ll understand the pressures of growing a business and now the associated pressure from the Covid-19 pandemic and lockdown. In these tough economic times, keeping your head above water, let alone flourishing, is becoming increasingly more difficult, and it takes some creative thinking and innovative developments to increase your bottom line. One solution many SME’s are turning to is to move away from in-house finance departments and to outsourcing especially by implementing cloud based systems where we work with you all the way. So why outsource?
Outsourcing leads to increased productivity
The first, and probably the most obvious, benefit of outsourcing your accounting is that your time is far better spent on growing the business, and not struggling to balance the books or take time off what you are doing to supervise your accounting staff all the time, or trying to understand what SARS latest directive means to you. Let the experts do what they do best, and leave you to run your company and do what you do best, make a success of the business.
Outsourcing is more cost effective
Following on from the above point, then why not hire an internal accountant or accounting team to handle the finances? Because it’s far more cost effective outsourcing it, especially with all the Cloud based systems now available. Why pay a full-time salary, when you can pay only for what was needed to be done?
More information at your disposal
With all the new cloud based accounting systems available, there are more and more Apps available giving you access to the latest cutting-edge technology, software, compliance regulations, and innovations. You only need to install what you need and what’s the best possible solution for you.
Focused and vested in your business
Unlike a staffer who knows they’re going to get a pay check at the end of the month, an outsourced solution will have a vested interest in providing you with the best possible service, because we will want to
Outsourcing provides flexible options
Rather than a one-size-fits-all approach, you have the ability to choose which options suit your company’s needs. Do you require a once-a-year audit, is it a basic monthly bookkeeping service you’re after, or perhaps you need the full-service? Whichever it is, you can pick and choose, and you pay only for what you need.
An external company will have the means and resources to implement proper fraud protection controls, detecting and preventing all forms of fraud, which can potentially cripple any small business.
Now that we’ve explained why you should be outsourcing your accounting, the next step is to have a look at our Website, www.faastt.org to see what we can offer.