Outsourcing of bookkeeping and other professional needs are gaining a foothold among today’s small business owners. Whether you have been thinking about outsourcing your accounting needs for a while or considering it for the first time, you may be reluctant to take the leap; especially where your finances are concerned. There are many myths in regards to outsourced bookkeeping services. We will attempt to shine a light on some of the most common myths about outsourcing in order to show how incorrect they are and how Clark Sclater is here to help!
- Loss of control
No small business owner wants to entertain the idea of losing control of their business, and this particular outsourcing misconception preys on one of the small business owner’s biggest fears. The fact is that rather than losing command of your enterprise, offloading your bookkeeping to Clark Sclater will actually give you a much better handle on your company’s goals and overall financial position. By allowing you to make better business decisions, regular access to timely and accurate accounting information will keep you firmly in the driver’s seat of your cherished business.
- Lack of affordability
When it comes to running a business, time is money! Rather than looking at outsourced bookkeeping services as just another recurring expense, remember that the time and energy you’ll save by letting someone else take care of your books is likely to pay significant dividends elsewhere. You’re in business because you’re good at something. Unless that something happens to be bookkeeping, you’ll get far more bang for your buck when you spend more of your valuable time doing what you do best. We love accounting so you don’t have to!
- Security concerns
Because of the confidential nature of a company’s accounts, it’s only natural for business owners to worry about the security of their financial information when they share their books with an outside accounting company. Especially when the information is stored on the cloud with companies like Sync.com. It’s important to keep in mind, however, that no data is technically 100% safe – whether it’s online, offline, or jotted down in a notebook. The security measures employed by Clark Sclater are based on the most up-to-date technology available, and the bottom line is that you’re as likely to experience a security breach within your own home or office environment, as you are when doing business with us.
- Trust concerns
While there’s a tendency to believe that no one could possibly care as much about your business as you do, remember that the same applies to the professionals who provide your outsourced assistance. We are just like you, and we are just as concerned with maintaining the highest level of client service possible, as you are. At the same time, the naturally objective approach we have taken means that we far more likely to spot any unusual business activity within your firm, and that they’ll be better equipped to suggest more effective ways of running your financial affairs.
- Time management concerns
We are in business to relieve you of the brunt of your bookkeeping work, freeing up both you and your employees’ time. Clark Sclater utilizes outside bookkeeping services, like QuickBooks Online, that operates electronically. We take advantage of cloud-based solutions, like Sync.com and Slack channels, to quickly and conveniently store and exchange financial data and other relevant information between us and you. Today’s technology makes it easy for even the least tech-savvy among us to outsource with confidence. And by eliminating the need for regular in-house staff, outsourcing your bookkeeping offers complete flexibility, letting you make use of such services as they’re needed.
- Do-it-Yourself Software
There is no denying that QuickBooks and other software packages are a great bookkeeping tool. However, just because you use the program, doesn’t necessarily mean you know how to get the most out of it. Many small business owners fail to use their accounting programs to their full potential, and those who do are probably far more of their time keeping the books than they should be. The more business growth you experience, the more complex your finances are likely to become. Rather than trying to guess at what you’re doing, consider relying on experts who have both the time and the advanced skills necessary to keep your finances in order.
Proper bookkeeping and accounting are vital when it comes to the health and success of your business. There are more productive ways to spend your time than filing receipts, reconciling statements and processing payroll. This is where we come in! We can focus on the books so you can focus on what you are best at, which is running and growing your business. We’ll even give you a free month! Sign up here.
By using cloud-based technology, we have created streamlined accounting processes.Technology is always changing so we are constantly reviewing new technologies and application for our client’s success.
Why hire and maintain a fully staffed accounting department, when you can skip the interviews, training, and financial burden? Partner with us and you will gain peace of mind knowing that two CPAs are doing their best to let you do your best!