Merits of Outsourcing Your Accounting and Book keeping Services

By JoAnne Hsieh

"I have been using an outsourced Certified Public Accountant for the past 7 years now. It was the best decision I made!"

"A book keeper may be cheaper but a CPA will be worth the while in the long run. My CPA, apart from keeping the accounts had also been able to advise on areas such as CPF changes, simple tax matters as part of client management. An unqualified book keeper will not be able to do this"

Ms Hsieh, business owner and employer.

Outsourcing brings the following invaluable benefits:

1. No more staff and space costs concerns I can now save on CPF and other employee benefits which I would have to pay should there be a full time accountant in my company. Furthermore, I don't have to worry about space costs which is as high as $8psf in certain areas these days!

2. Costs of recruitment and retraining are eliminated I have seen at least 3 of my accounting staff leave my company in a spate of 3 years! The costs of recruitment are very high plus the need to train someone new adds more to the costs when someone leaves. This is totally eliminated when you outsource your accounting functions.

3. Focus is now on sales Sales is the single most important part of any business. No sales means no profits, in short. Therefore, with the headache of worrying over an accountant, more time is spent now on developing new sales.

4. CPAs are specialists in the areas of accounting and tax With specialists assisting me in the area of finance, I have the comfort of mind to really focus my energy on developing my business.

Qualified CPAs need not be found only at the Big 4 accounting firms. We are here to serve all your accounting needs.

About the Author:

Looking to outsource your accounting and book keeping services? Call us at (65) 9271-7739, email outsource@maplecommerce.com or visit http://outsource.maplecommerce.com to receive expert advice on your outsourcing options.