The most obvious benefit of outsourcing bookkeeping services is that you save on capital that can be used for your company’s growth. On the other hand, hiring someone in-house means you’ll have to consider the cost of recruitment, wages or salary, benefits, insurance, training, and an increase in the price of operations or facilities.
But, having an offshore bookkeeper allows you to focus on the needs of the employees that support your core business functions. Outsourcing gives you the flexibility to keep payroll costs low while expanding your business at the same time.
Another cost-benefit of outsourcing your accounting needs to the right offshore location is that you’re only paying a fraction of what you would in Australia or New Zealand, so you’re saving big on your overheads while accessing highly skilled services.