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Thought Leadership from the Leaders in Virtual Accounting and Bookkeeping Services

Small Business Outsourcing: The BPO Trend for Growing Businesses

If you’ve been considering outsourcing your accounting services, it might help you to know that several organizations have recognized BPO (Business Process Outsourcing) as a major trend for small businesses, especially larger businesses that fall into the SMB designation, or specifically, those with revenue from $1 million up to $25 million.

According to Accenture, the largest BPO provider in the United States., mainstream BPO expenditures are forecasted to top $300 billion by 2012.

A more recent study, conducted by HFS (Horses for Sources) in April, found that after organizations cut back on outsourcing business processes during the recession, 13% are planning to move into the Finance & Accounting BPO market, with 15% annual growth over the next two to three years, according to the 2011 F&A BPO Market Landscape report.

What are these companies looking for in financial and accounting business outsourcing? The same thing business owners want in most areas of business: measurable results and greater value. 
 

When you use our online cost calculator, you can see just how much your business will save by transitioning to outsourced accounting services. And if you’re looking for greater value than an in-house bookkeeping staff provides, consider this:
 

  • Small business outsourcing with AccountingDepartment.com provides a full-charge bookkeeper, financial controller and software specialist for less than the price of an in-house bookkeeper
  • Online accounting services with a virtual bookkeeper are more secure and less prone to corporate theft than in-house bookkeeping solutions
  • Online accounting services offer peace of mind, knowing you’re in better control of your company’s important financial data

We don’t want to tell you to look into BPO accounting services just because everyone else is doing it. But when it comes to saving money and giving yourself greater peace of mind about your business, you don’t want to be left behind.

 
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