Is bookkeeping a nagging worry stopping you from focusing on key business tasks?

Small business owners have a lot of worries day in and day out, more so in the case of startups. There is just so much pressure on the business owner.  There are almost no small scale businesses that started with a big budget. Most are started on a shoestring budget with the business owner taking on as much work as possible.

When you are very good at one thing, good enough to think you will succeed in starting a business, it is your only focus. It is unlikely that you looked at learning other skills that a business owner would require. One such thing is bookkeeping.

Now as a business owner you have a whole lot of things to do. It is not unusual to find you doing the job of two or more people. However if there is one task that any business owner despises, it is bookkeeping. It is hard to understand, mundane and tedious. This is simply why it is avoided to the very last minute.

How much do classes help?
There are several classes for business owners to learn accounting software. However, only few come out of the course benefiting from it. This is because conventional accounting software is designed for accountants and bookkeepers, not laypersons. So if a business owner has to learn this, it requires a great deal of time and commitment. It is of no surprise that lots of business owners drop out from the course.

Here is what you can do to get a bookkeeper at your budget
There are several BPOs offering bookkeeping services. They are better than your local bookkeeper in so many ways. Firstly, they are cheap. It costs you less than half of what you would be paying for your local bookkeeper. You can pay them only for the number of hours they work.

The quality of bookkeeping services is also very high. This is by far the best bookkeeping solution you could ask for. 

How does bookkeeping outsourcing work?

If you are a small business owner looking for an easier way to get your business bookkeeping managed, you have come to the right place. There are several business owners that manage their own bookkeeping. As a result, they grow tired of it. Either they have no time or find it difficult to deal with accounts. Whatever the case, they can live a more peaceful life if they have another qualified person to take care of their books.

However, with this option there is a drawback, too. There is training and hiring costs, installation of software and other expense. If this is the case, then this solution will only do more damage to your business than good. Because you will be paying way too much than necessary for bookkeeping. Instead, you can consider outsourcing.

Why outsource bookkeeping
The main advantage of outsourcing is cost reductions. When you outsource your tasks, you do not have to pay for all the software installation, hiring and training etc. The overheads are greatly reduced and you only have to pay for the services provided by the outsourcing firm.

Once you confirm their credibility and check on data security measures, you can confidently outsource your bookkeeping tasks - you have nothing to lose.

How does it work? 
Depending on your requirements and volume of work, the outsourcing process differs. However, at places like Integra, where they have been extending professional bookkeeping services for a long time now, you have a standard process. Such as the following:

Scanning documents: You are required to scan your documents, say invoices and bills and send them across to the outsourcing firm via secure portals.

Receipt of acknowledgment: You will get a report from them confirming that they have received the receipts and the details

Delivery: The books will be updated by the bookkeepers via. Once the tasks are performed they will send the updated books back to you via the same secure portals.

It is really very simple. What will cost you a bomb at your own office, when sent across to service providers across the world, will cost you much lesser. And considering they are professionals who do this at affordable rates, you got yourself a good deal.

So if bookkeeping is bothering your small business and getting in the way of more important business routine, consider outsourcing. It is a growing trend, not surprisingly. Because business get a chance to spend less and earn more. You can enjoy the benefits of professional bookkeeping services too - for Integra is just a phone call away!

Are you an accountant looking to find affordable bookkeepers?

If you are an accountant who practices individually, you must know the pain of finding efficient bookkeepers. In fact there has been a gradual lack in the availability for good bookkeepers for a couple of years now. This is due to the fact that most youngsters have begun opting for other courses and even accountancy instead of taking up bookkeeping jobs. What this has eventually led to is, existing bookkeepers hiking up their prices. So high that CPA's can't afford to keep them anymore.

In this situation, CPA's cope by only taking up clients whose bookkeeping and accounting is of manageable size. It does not make sense for a CPA to focus his/her time on doing bookkeeping tasks since it does not fetch much money. The good money tasks come only from accounting projects. The sad thing is, they now have to spend their time on bookkeeping when they could have worked on more profitable accounting tasks.

This makes you wonder if nobody has come up with a practical solution here. But luckily they have and these are none other than your BPO guys.

Efficient bookkeepers for cost-effective rates! 

This sounds surreal, but this is quite the promise of BPO's that provide accounting bookkeeping services. With this service in place, you can cut your bookkeeping costs by a good 50%. This is because you only have to pay for the bookkeeper's time. The demand for these cost effective accounting bookkeeping services has been growing since the time of its conception and majority of the clients are CPA's just like you.

Indeed, this is the best way to meet both your objectives of quality work and low costs.

Waging a War with Your Account Books?

When was the last time you went home from work at a decent hour?

When was the last time you devoted a good amount of time to be with your children and interact with them?

Well, if you cannot really remember, you are probably one of those small business owners who have to juggle all business related tasks themselves - meeting with clients, handling staff, attending board meetings etc. It is time to realize that your business life is taking too much of your personal life. If you do not want this to go on, you have to figure out a way to cut down on the number of things you do. 

For instance, take bookkeeping. This is a secondary business task that demands a lot of time and efforts. It is quite a mundane task, nonetheless important for a business. Most of the time business owners choose to handle the books themselves or assign it to their admin or a family member to cut costs. In that case, there is a risk of the account books being inaccurate and unprofessional. You don't want that. 

If you appoint a bookkeeper, you have overhead costs - hiring and salary, installation costs, office space and so on. Then you would have to maintain a track of these new costs! Back to square one. So, is there an alternative? 

Well, with bookkeeping outsourcing, there is. Many outsourcing companies extend bookkeeping and accounting services. Outsourced bookkeeping would also help in cutting down costs. In fact cost reduction is the major benefit here. Because there are no overheads. You also save time and are reassured that your books are handled by experienced professionals. In short, you get quality services at affordable rates. What more can you ask for?

The only catch here is that you have to do your homework in selecting the right outsourcing partner, which is also not too difficult. You can check their data security options, certifications, testimonials and other factors that could possibly reassure you. Once you have the right partner, the benefits are enjoyed in full. You can enhance your portfolio while the mundane, everyday chores are taken care of. 

No more late hours. 

No more skipping dinner with family. 

Check out bookkeeping outsourcing services and choose your outsourcing partner wisely. Have a stress-free life!