7 Reasons why SME prefer to outsource Bookkeeping

Bookkeeping service is crucial to all business. As a business owner in an uncertain economy is vulnerable to fluctuations, it becomes imperative for him to make sure he hires the right people to maintain his bookkeeping for his firm. However with the growing wage rates due to inflation, makes it impossible to find the right resource within the allocated budget.

To overcome the dilemma of maintaining costs and having a well-qualified and experienced book keeper, SME’s prefer outsourcing their bookkeeping service to an outsourcing expert.

IBN Technologies limited is experienced industry player that works at the elemental core of the company’s accounts and assists them in taking imperative decisions at the right time with qualitative bookkeeping services.

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Benefits of Outsourcing Bookkeeping Service:-

1. Reduce Operating Costs: Beyond salaries and medical, an in house book keeper requires overhead costs as well as locks infrastructure costs. Outsourcing bookkeeping service to IBN assists business owners in reducing operating costs.

1. Unlock the Liquid Capital: Outsourcing bookkeeping service to IBN, small and medium owners begin to enjoy the freedom of having free liquid capital. This money finds its way into helping business grow by taking advantage of the opportunities present at hand.

1. More Time: IBN’s bookkeeping service experts allows business owners to have more time on their hands to focus on the core competence of their business. To do what they do best by addressing quality issues of their current product or services.

1. Expertise: What is better than having an expert taking care of your bookkeeping and guiding you at timely intervals? IBN’s houses an expert team of book keepers with 16 years of experience in bookkeeping service that have been catering to a list of satisfied clients over and over again.

1. Accuracy: Bookkeeping service is all about having your number in place. Accuracy in maintaining your books of accounts plays a crucial role and IBN’s round the clock operations monitors all transactions and records them accurately.

1. Fraud Prevention: IBN’s flash reporting is a special feature of its bookkeeping service for its outsourcing clients. Where the client is informed instantly when any malicious activity regarding their accounts is noticed. This works as a safeguarding feature for Business owners.

1. No In house hassles: With outsourcing Bookkeeping service to IBN the Business owners no longer has to pay payroll taxes. He need not worry about worker’s compensation insurance or medical insurance or other benefits to pay along with no retirement plans. There is also no need to worry about vacation or sick days, as IBN’s team of experts in bookkeeping service will assure that your books of accounts are always maintained.

SME’S are driven by competition to deliver best quality at competitive prices. The decision to outsource Bookkeeping service to IBN gives the business owners the ability to focus on core competencies of their business. Outsourcing bookkeeping service allows organizations to be more efficient and more effective with reduced costs, and can consider growth with the unlocked capital at their hands.

IBN Technologies

IBN Technologies Limited is an outsourcing service provider with a customer base covering the USA, UK, Middle East and India. IBN has a State of the Art Global Delivery Centre in Pune, India. IBN processes are ISO 9001:2008 quality certified. In 15 years of operation IBN has evolved as leading IT & BPO outsourcing service provider in BFSI, Travel, Retail Chains & Online Business.