{"id":113392,"date":"2023-07-18t11:56:45","date_gmt":"2023-07-18t15:56:45","guid":{"rendered":"\/\/www.g005e.com\/?p=113392"},"modified":"2024-08-27t17:01:54","modified_gmt":"2024-08-27t21:01:54","slug":"yes-you-can-be-an-outsourcer","status":"publish","type":"post","link":"\/\/www.g005e.com\/2023\/07\/18\/yes-you-can-be-an-outsourcer\/","title":{"rendered":"yes, you can be an outsourcer"},"content":{"rendered":"

\"woman<\/a>how bos work lets companies focus on what they do best.<\/strong><\/p>\n

by penny breslin<\/i>
\nit\u2019s not just the numbers<\/i><\/a><\/p>\n

what do you want to do for your clients? define it, implement it in yourself and build a team that wants to be a part of your defined image. watch it grow, and adapt it to the changing times.<\/p>\n

more: <\/b>how back office support adds value<\/a> | ai is not your enemy<\/a>
\n\"goprocpa.com\"exclusively for pro members. <\/span><\/strong>log in here<\/a> or 2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n

added knowledge and insights assist the client in taking future action on sustainability and growth of their company. cooperation between the client, the account manager and the cloud ai makes this work in order to provide the space for advisory.
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\nfirst, realize that when you take on this type of work you are an outsourcer. your client is outsourcing to you, and you are insourcing their work. as an accounting business, you can decide on the type<\/strong> and the amount<\/strong> of work you want your firm to do. the work may vary from client to client as well as the steps to accomplish and maintain the work. the key is finding what is common across all those possible variables in your client base to establish the baseline for your firm\u2019s service offerings.<\/p>\n

what is outsourcing?<\/h3>\n

an accounting office is an outsource provider if they enter their client\u2019s after-the-fact payroll derived from reports provided by the payroll company and reconcile bank accounts from statements obtained via a bank feed. the business owner utilizes the core efficiencies of the payroll company, the bank and other third-party providers to complete transactions that are critical to the smooth running of their business. the business owner then turns to the core efficiencies of the accounting business to make sure that all information is correct and properly recorded. in this approach, the accounting business is working from the historical source documents received, after the transactional event has occurred.<\/p>\n

technology allows the interaction between the accounting business and the business client to occur more and more often in (close to) real time. apps with direct integrations, portals, cloud servers and software as a service (saas) platforms allow for real-time access, which means immediate access to what we want, when we want it. business applications take it one step further by allowing immediate access based on roles, rights and permissions.<\/p>\n

these new technologies are opening the potential for accountants and bookkeepers to serve their business clients in dramatically better ways. and in fact, typical compliance work, including after-the-fact bookkeeping, has already become a commodity.<\/p>\n

just as the accounting business struggles to keep up with changes in business, technology and the economy, so too do all businesses. in the last two decades, we have experienced an increasingly specialized economy. smart businesses find out what they do well, and do more of it by divesting themselves of those parts of their business that, although required functionally, are not part of their core competency and do not <\/strong>add to the bottom line.<\/p>\n

for example, having a website with a portal so that you and your clients can share documents is now standard practice at most accounting businesses, but having your own on-staff web developer and portal manager is not cost-effective. this is true for many business operations. managing routine financial transactions, although necessary, is not work that adds to profit. sending payroll, human resources and accounts payable work to an outside service provider frees the business owner and their team to focus on its core competencies and customer-facing opportunities.<\/p>\n

what services does a bos provide?<\/h3>\n

in anticipation of your move into comprehensive insource services, let\u2019s look at the typical responsibilities of back-office support (bos):<\/p>\n

financial reporting<\/strong><\/p>\n