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        What is outsourced bookkeeping?

        Outsourcing bookkeeping services is essentially the act of sending certain accountancy related tasks offshore for someone to complete outside of your organisation - typically in an overseas location such as the Philippines.

        Outsourcing bookkeeping is enabling businesses of all sizes to renew their focus on their core business, allowing their local teams to focus on the high value, revenue generating tasks such as building and nurturing client relationships.

        Outsourcing is a cost saving alternative that will provide your local team with the additional support they need at a fraction of the price. An offshore bookkeeper can complete an array of tasks, including but not limited to:

        • MYOB updates
        • Weekly reporting in Xero
        • Payroll collecting, calculating and inputting data to distributing pay and updating records
        • Accounts payable functions with coding accuracy
        • Invoice processing
        • General data processing.

        Why do businesses outsource bookkeeping services offshore

        Businesses are outsourcing their bookkeeping offshore to free up time in their local team to further meet the needs of their clients. Failing to stay on top of your important admin can be crippling to business growth. By offshoring these back office bookkeeping tasks, businesses are experiencing major efficiency gains as well as an increase in employee satisfaction.

        With your local team spending more time on client-facing tasks, building and nurturing relationships, your clients will naturally build a sense of trust in your business. Building that trust then allows you to outline other areas your business can assist them with - ultimately benefiting your bottom line.

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        Other accounting-related job roles

        At Beepo, we can provide support across a number of accounting related roles in addition to bookkeeping. These include:

        Benefits of outsourcing bookkeeping services offshore

        The most significant advantages of outsourcing your bookkeeping services include:

        • Cost savings

          Outsourcing can save your business money by having day-to-day tasks completed in a lower-cost economy, where employment costs are up to 70% less.

        • Expert support

          Outsourcing providers are experts in providing insights and advice at each stage of the outsourcing process. Their expert advice can help your business or recruitment company get the best out of your outsourcing journey and ensure it is optimised for success.

        • Improve business flexibility and availability

          Outsourcing can help your business become more agile and flexible by opening up 24/7 availability.

        • Business growth

          Outsourcing can free up funds that can be used to reinvest back into the growth of your business. With the additional support of an offshore team member(s), you can increase the capacity for your business to take on more work.

        • Improved staff satisfaction rates

          Outsourcing can help you to identify roles and tasks that would be best suited to send to an offshore employee. That way, your local team can focus on what they do best and what motivates them, improving job satisfaction for employees in the long run.

        What are the costs associated in outsourcing bookkeeping services?

        Outsourcing your bookkeeping systems to the Philippines can represent significant cost savings of up to 70%. At Beepo, we offer a simple monthly fee to help you reduce your overheads and focus on growing your business. This monthly fee covers everything: including infrastructure, security, recruitment and training, management and staff benefits.

        For more detailed information on costs, please arrange a business consultation so we can tailor a solution to your business needs.

        The Beepo Advantage

        Beepo is an Australian-based outsourcing company that offers businesses a distinct competitive edge with offshore staffing solutions. We take the time to understand the hardships our clients face when it comes to recruiting hard working, dedicated staff. The Philippines is renowned for its pool of finance and accounting talent, and we are adept at finding and recruiting the best of the best.

        We recruit, onboard and manage your offshore team or team member, while you maintain full control of their deadlines, deliverables and output. We also provide your staff with everything they need to complete their job up to standard to ensure they can hit the ground running when they start working for your business.

        Our highly-skilled bookkeepers will make sure your day-to-day business transactions are recorded, organised and stored for you in an accurate and timely manner. Allowing your local team to focus on growing your business.

        Interested in learning more about the outsourcing solutions we can provide for your business?
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