Warning: These outsourced accounting services may save you $45k a year in overhead
Over the years, Ignite Spot Accounting Services has saved it's clients an average of $45,000 a year in overhead. With the present state of the economy, you want to save as much money as you can in order to stay afloat. Here are a few tips and tricks we use to help businesses save tons of cash:
#1 - Outsource the talent
The first tip has to do with using outsourced accounting services where you have your books examined by a dedicated team of online accountants. With this, you're able to cut employee costs substantially by outsourcing talent. Just upload your files and have an online accountant take care of all your bookkeeping headaches. Having an online accountant reduces concern over taxes, balance sheets or that pesky QuickBooks software. Everything is done on secure servers ensuring a high level of safety and confidentiality for your records.
#2 - Go Green
Paper is expensive. I'm not just talking about the cost of buying reams, I'm also talking about the cost of storing documents, managing them, and trying to keep track of it all. Is it possible to go completely paperless? Who knows. However, it's sure worth getting as much of your business into digital media as possible. It's cleaner, easier to search, can travel with you anywhere, and is much more affordable.
#3 - Fear the fees
We're the sworn enemy of bank fees. They're detrimental to the overall health of any small business. Outsourcing accounting services means that your bank accounts are always reconciled. Most small businesses that accrue fees for bounced checks, etc. could have avoided the issue completely with the right eyes watching the accounts. I remember one client in particular that was accruing more than $1,000 a month in bank fees! The company made plenty of money, they just didn't focus on record keeping. Once they hired us, the savings in bank fees alone more than paid for us on a monthly basis.
#4 - Savor the Saas
Saas stands for "Software as a service". The idea here is that instead of spending thousands of dollars for in-house software...you turn to software systems online where the cost burden is managed by thousands of uses and not just yourself. Accounting software can cost an arm and a leg. Ensuring that every company computer is outfitted with the necessary software will make you wish that the abacus hadn't gone out of style. Our specialized accounting software will do all this for you, giving your company the freedom to be efficient while at the same time cutting costs.
Outsourced accounting services are vital. However, if you partner with the wrong firm they can also be expensive. We'll come to your rescue and help you save upwards of $45k a year on overhead costs. We believe in cutting costs and helping our customers save every last dollar. Get in touch with us today, and we'll set up the process for you. Our know-how in outsourced accounting services will make your bottom line healthier.