BOSS Outsource Accounting Services Can Decrease Expenses w/in One Fiscal Quarter

BOSS Outsource Accounting Services Can Decrease Expenses Within One Fiscal Quarter. Australian businesses now able to realise expansion goals at an increased pace

Lindfield, Australia - February 13, 2019 /PressCable/ —

Virtually any type of survey that delves into the concerns of either accounting firms or their business clients eventually gets around to a discussion about new technology entering the field.

For accountants, there’s the cost of updating their firm to cloud-based work and file-keeping and convincing clients to make the change along with them. Additionally, businesses can do a great deal of their own bookkeeping themselves with DIY programs, reducing the amount of basic bookkeeping work that was the greatest source of income for many firms.

For businesses, there’s an opportunity to have a faster turnover for their books and to have a greater amount of financial information at their fingertips – but how do they sort that information? How can they understand this new avalanche of insight in a meaningful way?

This latter speed bump – businesses becoming overwhelmed by information leading to analysis paralysis – presents an opportunity for accounting firms to redefine themselves as financial consultants. But to do so they’ll have to delve deeper into their clients’ affairs, reducing the time they can spend on basic number-crunching. Traditionally, this meant they would have to hire new staff at a considerable cost (estimates vary, but a new hire generally costs into the thousands), making the transition a financial gamble. The same goes for businesses looking to hire permanent in-house accounting staff members.

Outsource accounting services to the rescue. BOSS’ Client Relationship and Marketing Manager Lee Court says, “This is another example of businesses deciding if they want to use new technology to their advantage, or if they want to spend time and effort fighting it. Think about the music industry in the face of Napster, film studios that didn’t understand the potential expressed in Netflix, or book publishers that are still fighting with Amazon instead of building their own tech-enhanced business.

“Clients that outsource accounting work are up and running with their virtual accountant in a week. That means they have access to a certified professional who will handle all of their bookkeeping and taxes for them at a fraction of the cost of an in-house hire. Within one week they have access to clear and understandable bookkeeping information that can help them make informed decisions as they look to expand, make price changes, boost marketing, you name it.”

To hire an outsourced accounting specialist visit www.boz.com.au

About Back Office Shared Services Pty Ltd (BOSS):

BOSS is an Australia-based outsourced accounting services provider that offers fixed fee services carried out by fully qualified accountants and bookkeepers to supplement accounting staff. Streamlining operations for accounting firms and business owners, every BOSS accountant is fully-trained in Australian accounting standards, Self-Managed Super Funds, tax procedures and law. All accounting outsource specialists work in BOSS’ overseas offices and never at offsite locations.

Contact Info:
Name: Lee Court
Email: Send Email
Organization: BOSS (Back Office Shared Services) Pty Ltd
Address: Suite 2, 345 Pacific Highway, Lindfield, New South Wales 2070, Australia
Phone: +61-1800-889-232
Website: https://boz.com.au/

Source: PressCable

Release ID: 481978