We find that it’s best to employ an in-house accounting staff if your operations involve highly confidential or trade secrets that could damage your business if made public, and if an accounting function is heavily intertwined with your operations making those tasks time-sensitive and/or needing excessive attention to detail/customizations. If this isn’t the case, however, outsourcing your accounting is a great way to manage your overhead costs and ensure your financial responsibilities are being met by qualified individuals.
Accountants are pivotal for keeping your finances in order, but they can become costly if you’re operating with a slimmer overhead budget. Average compensations for an internal accounting department are:
We provide financial relief for an entire department at a fraction of this cost. We will always talk you through your wants and needs to determine first if outsourcing is your best option.