If you’re an accountant or bookkeeper with your own practice, you might think that outsourcing your workload overseas would be fraught with difficulties, especially to a developing country like India. However, you need only look at how other accountancy firms are taking advantage of this, to see just how easy and beneficial it can be.
With the Indian working day beginning as most Americans are heading home from the office, your accounting tasks could be carried out by a highly trained and experienced Indian tech team, while you sleep! Imagine leaving a stack of important back office paperwork for completion on your desk and knowing that you won’t have to face it in the morning, because someone else has done it for you. Sound too good to be true? Well here’s how it works:
Work with a company whose primary office is US based:
The best way to get the most from outsourcing your accountancy work overseas, is to go through a company who has their main, or head office in the US, and secondary office(s) in India. If you outsource to a company who are based solely in India – whether they’re headed by an American team or otherwise – then you will inevitably face communication and timing issues. What you need, is to have the benefit of a professional and highly trained team who can complete your work while you sleep, coupled with the advantages of a local firm who can answer your questions and give you help exactly when you need it.
Enjoy a speedy turnaround of tasks:
Depending upon how much of your workload you need to outsource, tasks are completed in India and sent back to the local office where they are reviewed and sent out to the client. The fact that the work ‘travels’ to India, in fact serves only to speed up the process, since they will have a larger team working on it, and the work is completed overnight (if you’re in America), and is ready the next morning.
Stay ahead of your competitors:
With lower staff costs and a speedier turnaround of work, when you outsource your back-office tasks to India, these factors alone could ensure that you stay ahead of your competitors, but with more time to focus on developing other aspects of your business, you could surge to the forefront of your field.
With so many skilled and highly motivated, low-wage computer engineers available in India, outsourcing accounting has never been easier or more effective. English is widely spoken there, and Indian citizens can live comfortably on salaries that are considerably lower than those of an American with the same qualifications and skills. So, find a
reputable firm with a workforce based both in the states and India, and you could soon be reducing your workload and increasing your profits in a way you never imagined possible.