America’s best accountants are no longer in-house. A survey of 150 large businesses across North America found that Big Business often outsourced payroll accounting, accounts payable, and accounts receivable. However, the respondents of the survey also expressed interest in outsourcing more complex accounting. More than 30 percent of those large businesses had also outsourced internal audits, financial forecasts, and budgets. Despite most people associating outsourcing with foreign countries, many companies keep their accounting inside the U.S.A. In fact, if you choose to outsource accounting to us, you would be doing the same. Class Advisors is based in San Diego, California.
Potential Benefits of Outsourced Accounting
- Overall decrease in costs
- No loss of control despite fewer duties
- Continuous improvement in accounting and finance
- Faster book closing
- Better value when outsourcing multiple aspects of accounting
Recently, Forbes announced that even small and medium businesses can benefit from outsourced accounting. This isn’t news to the Class Advisors team, but it’s a revelation to the business world. If you’re interested in outsourced accounting and putting your business ahead of its time, contact us, and let us know what we can do for you.