Whether you think it’s a sad commentary on the state of the world or just a smart business move, it’s fact that many small business owners have been opting to outsource bookkeepingduties as a basic crime prevention measure. In much the same way that a savvy business owner might install a burglar alarm with all the bells, whistles, and flashing lights needed to frighten off burglars, hiring an online bookkeeper from a reputable firm could save a company from falling victim to embezzlement.
This isn’t to say that business owners should start eyeing their existing bookkeepers with suspicion. The vast majority of bookkeepers and accountants are honest, hardworking people with integrity and ethics. And then then are those few “bad apples” that ruin it for everyone else by taking advantage of their employers’ willingness to trust—not to mention their desire to hand over the tough job of handling the daily accounting duties off to someone else.
The way we see it, you have two basic options:
- Only hire individuals to handle your company’s bookkeeping that you absolutely know you can trust. There’s one major problem with this: That pool might be limited to only a few people. This will sometimes leave you to pick up the slack if and when your bookkeeper takes time off work or eventually decides to retire.
- Work with a third party company that offers a team of trained online bookkeepers to handle your accounting in a remote capacity. The system of internal checks and balances performed by third-party accounting companies like these ensures that your financial information remains safe.
The idea to outsource bookkeeping services isn’t entirely new, but it’s one that’s gaining traction the more feasible it becomes in today’s technology-amped society to share proprietary information rapidly and securely through encrypted software programs and email messaging. For more information on how you can hire a team of online bookkeepers to handle your needs, visit AccountingDepartment.com.
