Top 6 Reasons to Outsource your Bookkeeping
If you’re a small business owner or nonprofit leader looking to save both time and money, there are a number of reasons why outsourced bookkeeping may be a good idea.
Here are six benefits to outsourcing your bookkeeping:
More time for your business.
Because there’s never enough time to get all your work done, using an outsourced bookkeeper can be a big asset. From accounts payable and receivable to statement reconciliation and data entry, this financially trained professional is capable of handling all of your accounting functions — allowing you to invest your time where it matters most.
Keep your financials in order.
Let’s be honest, tax time can be stressful — especially if you don’t have the software or resources to get your financials in order. An experienced bookkeeper can get you organized and tax ready, ensuring your records are accurate and compliant, every month of the year.
Expertise without the payroll.
For many businesses and nonprofits, accounting is managed by a full-time employee with a costly salary and benefits. When you hire an outsourced bookkeeper, you get all the functionality and accountability of a seasoned staff member without the additional payroll.
Cut costs. Increase revenue.
Hiring, training and paying for full time staff can be very expensive. Many small to mid-sized companies and nonprofits either do not need a full-time position OR need additional help that does not require a full time person. Looking to reduce costs? Many of our clients receive only 1-5 hours a month of bookkeeping services which is much more affordable than hiring a full time employee.
Level the playing field.
Most small firms simply can't afford to match the in-house support services that larger companies maintain. Capital CFO can help small firms get access to the same economies of scale, efficiency, and expertise that large companies enjoy. Capital CFO’s boutique experience means no company is too small.
It’s flexible and affordable.
The expertise and accountability that come with outsourced bookkeeping can be very affordable. At Capital CFO, we provide flexible, customized plans that meet our clients’ unique needs and budgets, and adapt as their needs change.
Capital CFO Offers Outsourced Bookkeeping Services for Small to Mid-Size Businesses
Looking to outsource your bookkeeping? Many outsourced bookkeepers, like Capital CFO, provide new clients with a one-time business analysis and accounting software set up. This detailed process allows for an in-depth understanding of your company and its functions. And with the insights gained, your bookkeeper can help formulate processes that cut costs, save money, and increase revenue.
Get Started Today!
Capital CFO performs high quality remote and outsourced financial services. Our team of high-level, client-centric bookkeepers and CFOs are here to help you, whether you need only a few hours a month or more. We offer bookkeeping services to businesses throughout Saratoga, Albany, Clifton Park and beyond.