The Local Accounts Department - The Benefits
The benefits of outsourcing are more than just cost savings; when making the decision to outsource you should review the whole spectrum of benefits:
Reduction in costs -
By reducing your overheads
i. lower accountancy staff costs
a. no time wasted
b. no sick pay costs
c. no pension costs
d. no temporary staff
ii. eliminate Employer NIC costs b. no sick pay costs
c. no pension costs
d. no temporary staff
iii. no accounting recruitment costs required
iv. no need for staff training
v. lower costs for :
a. telephone
b. stationery & postage
c. software & computer
d. repairs & renewals
e. equipment costs
b. stationery & postage
c. software & computer
d. repairs & renewals
e. equipment costs
Quality of Accounting Information
a. We have many years of management accounting experience
b. We only use qualified experienced staff
c. We have adopted tried and tested processes and systems
Support and Backup Staff & Systems
a. Senior Accounting managers
b. Account Controllers
c. Bookkeepers
d. Data Input clerks
e. Payroll Department
f. Credit Controller
Better use of Management Time
a. no accountancy staff recruitment problems
b. no accountancy staff training problems
c. no accountancy staff personnel problems
d. no accountancy staff sick pay problems
e. no accountancy computer systems problems
