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        Benefits of Bookkeeping outsourcing

 

Your business’s competitive edge depends on your company’s ability to manage many areas of expertise that are not usually your core business competence, but are part of the business of doing business.

Setting up, maintaining, staffing and monitoring monthly bookkeeping, the credit management process and the accounts receivable management and collections tasks are those areas that grows as your business grows and often reaches a point of demanding a disproportionate percentage of your business's administrative payroll dollars.

More and more, businesses are finding the advantage in outsourcing the bookkeeping and accounts receivable management tasks. By reducing these demands on your administrative staff, you free them up to support other areas directly related to your clients, your sales, your product, your marketing—your business!

We can perform these tasks for you on a monthly, quarterly and annual basis or simply function as an outsource escalation service to supplement your current staff so as to lessen the drain on administrative time.

We can customize a package of services that are priced to keep you competitive in your marketplace while taking this headache out of running your business.

How You Will Benefit

Increased Operational efficiency 

Confidence and peace-of-mind 

Affordable price 

Professional support

Save Money by Outsourcing Bookkeeping

Employing a bookkeeper in-house can be expensive. The cost is not just comprised of salary, but the other direct costs such as:

Employer Payroll taxes

Group and Medical Insurance

Retirement Plans and benefits

In addition, there are employee vacation and sick days to consider, as well as office space cost, computer and office equipment, accounting software and support, plus your time spent managing the bookkeeper and the business process. 

There are also the savings in both the time and money involved to place classified ads, interview, screen, test and train an employee. Our fees to provide superior bookkeeping service to your company is quite competitive by comparison. 

Outsourcing your bookkeeping to BPM will also reduce your year-end work and costs;

Since we maintain your general ledger and subsidiary schedules as part of the ongoing monthly bookkeeping, quarterly/monthly financial reports and the preparation of business compliance tax reports (GST/HST), your year-end work will be significantly reduced, resulting in lower accounting fees by your Accountant and faster turn around time in the preparation of tax returns and financial statements.

Your monthly fee; 

Your monthly fee will usually be based on a flat fee
    per month.

 

Newsletter

Nov 03, Issue