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5 Reasons Why Virtual Accounting Services Are Flexible and Convenient

Author : Bill Gerber
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Ad Pic2 resized 600Is Virtual Accounting here to stay? If you take just a few minutes to peruse the Intuit 2013 Future of Accountancy Report, you’ll be inclined to say yes. It brings up an important point about the changing demographics in today’s small-to-mid-sized businesses, including companies with revenue from $2 to $25 million. Small business, increasingly, is run by tech-savvy Gen-Y (Millennials) and Gen-Xers, who, according to the report, “value their time tremendously and believe that focusing their time on what they do best – rather than what they can do if needed – is good business strategy.”

If this describes you, or others in your company in positions of power, online accountants are one way to free up time and give you the convenience of anytime/anywhere accounting to improve productivity. Let’s look at five reasons virtual accounting services are flexible and convenient. 

  1. Online Accountants Are There When You Need Them
    Your virtual accounting department works in your region, so the work in your time zone and are at their desks when you are at yours. When you have a question, they get back to you quickly. If you work with a service that outsources accounting overseas, you could have to wait 24 hours or more for a reply, and then face language barriers, too.
  2. Online Accountants Provide Multiple Avenues of Communication
    Most of your communication with your online accountants will take place via email. When necessary, they will answer quick questions via instant messenger, and, when the situation warrants it, a phone call can always take place. What could be more convenient than having three different ways to reach out to your virtual accountant when you need them?
  3. Your Virtual Accounting Services Are Delivered on Your Timeline – Not Ours
    Whether you need daily, weekly or monthly virtual accounting services, we can fill those needs. We’ll deliver your financial statements on a pre-determined schedule that we set together, and is outlined in your Client Procedures Manual. A Service Level Agreement binds us to providing the services we promise. You don’t get that level of protection with an in-house bookkeeper.
  4. Cloud Computing Puts Virtual Accounting Where You Are
    In addition to receiving your financial statements via email on a pre-set schedule, you’ll also have access to your financial documents 24/7, from any device with secure internet access. Your financial data is stored securely in our data centers, which are protected from fire, flood and other damage. All data on the servers are encrypted for protection, and backed up hourly, with data stored on tape for a full year.

    These are all things that you would have to worry about yourself if you were to host your accounting software locally, but AccountingDepartment.com takes care of it for you. 
  5. Virtual Accounting Adds Value and Saves Money By Providing the Services You Need
    Our first 4 points have mainly related to convenience. But there’s also a lot of flexibility inherent in virtual accounting services from AccountingDepartment.com. You’ll understand if you’ve ever been in this scenario:

    You hired a bookkeeper on a part-time basis. During the end-of-month when books are being closed, and weekly when you process payroll, she has more work than she can handle. But mid-month, you’re looking for busy tasks, so you put her to work booking travel arrangements or keeping the break room clean. These aren’t jobs for a bookkeeper.

At AccountingDepartment.com, you pay for the services you need, on a monthly basis. Our schedule ensures your virtual bookkeeper is never twiddling their thumbs (or making coffee on your time). But your payroll is submitted on a timely manner, accounts receivable and accounts payable are handled on time, and your financial records are accurate and up-to-date. We’d say that’s both flexible and convenient. 

5 Surefire Ways Virtual Accounting Helps Your Business Download Now
 
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