By Brad Jones, CPA, CVA, CMA, CFF
Managing your accounting function in-house can quickly become a drain on your business.
As new reporting and compliance requirements emerge and accounting technology evolves faster than ever, trying to keep your internal accounting processes up to date can be exhausting.
Whether you’re considering outsourcing a part of your accounting operation — or the entire accounting department — this article will help you make an informed decision.
Every organization is different and you know best when it’s time to outsource. However, there are several signs that indicate your organization might be ready to outsource some or all of its accounting functions.
3 Signs that Finance and Accounting Outsourcing (FAO) Can Benefit Your Organization
FAO might be right for your organization if:
Running your finance and accounting departments is challenging — especially when budget and staff are limited.
Outsourced accounting ensures consistency and accuracy of bookkeeping and accounting. Plus, you can tap into specialized expertise usually unavailable within the constraints of small organizations and scarce resources.
But you’ve got to find the right FAO provider. When you work with PBMares, you can expect us to provide:
- A highly disciplined, efficient, and structured process
- A team with specialized industry expertise
- A completely virtual, paperless, and non-intrusive experience
Contact Brad Jones today to learn more about what you and your organization can accomplish when you outsource your accounting and finance functions.
Resources:  Deloitte survey;  Robert Half survey