{"id":13226,"date":"2023-04-06T11:20:46","date_gmt":"2023-04-06T04:20:46","guid":{"rendered":"https:\/\/bestarion.com\/us\/?p=13226"},"modified":"2024-10-06T03:10:15","modified_gmt":"2024-10-05T20:10:15","slug":"outsourcing-bookkeeping-service-success-story","status":"publish","type":"post","link":"https:\/\/bestarion.com\/us\/outsourcing-bookkeeping-service-success-story\/","title":{"rendered":"Cost Saving with Outsourcing Bookkeeping Service"},"content":{"rendered":"\t\t
Our client is a full-service accounting firm in California, USA. They provide a wide range of services, including:<\/span><\/p>\n They have a vast number of clients from many industries in the USA.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t The accounting industry is highly regulated, complex, and subject to constantly changing rules and practices. Accounts payable\/receivable, auditing, financial planning, and reporting all require high attention to detail and client service. Furthermore, accounting work is highly process-oriented, with repetitive tasks that sometimes result in higher-than-average staff turnover.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t Our client is a trusted accounting firm that handles the accounting functions for many local businesses from various industries. As a result, they receive many different types of input documents, which require processing and sorting on time and with absolute accuracy.\u00a0<\/span><\/p>\n However, our clients are dealing with a skills shortage, in which it is difficult to find skilled employees, and the costs of having in-house staff prepare financials for key stakeholders and meet legal compliance requirements are high. Existing employees are also burdened by staff shortages, as they are under tremendous pressure to meet deadlines and find it boring to handle the repetitive administrative work.<\/span><\/p>\n While to mitigate retention issues as well as talent shortages, USA accountancy firms are increasingly turning to Business Process Outsourcing (BPO) as a key part of their business strategy.<\/span><\/p>\n Today, businesses buoyed by the success of remote teams during the pandemic can use BPO solutions to enhance their core competencies, driving revenue and growth.<\/span><\/p>\n Our customers saw the benefits of the BPO model, so they were looking for an offshore partner like Vietnam, namely Bestarion.<\/span><\/p>\n Some of the requirements that customers want us to meet are as follows:<\/span><\/p>\n\n
<\/span>Accounting Industry Context<\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
<\/span>Our Customer Challenges<\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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<\/span>Solutions We Provide<\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t