Choosing the Right Outsourced Accounting Partner
May 07, 2015
Selecting the right outsourced accounting firm can be a daunting task. Not all providers are created equal and the myriad of options can be overwhelming. A wrong decision can ultimately impact the overall financial well-being of business or organization. Here are few guidelines to consider when selecting the perfect outsourcing partner.
Quality of Service Quality comes at a price. Take the time to find an experienced provider that is accurate and reliable. A reputable provider will offer personalization and a commitment to meeting the unique needs of each business or organization.
Communication Communication is the key to a successful outsourcing transition. Many hours will be spent interfacing with the provider team and it will become one of the most important business relationships. Make sure to meet with the team to establish clear and open lines of communication. Having a trusted relationship with the provider and knowing they care about the organization to make recommendations is priceless.
Domain Expertise Advanced knowledge of accounting should be a requirement. A provider that does not have a background in the industry may lack the ability to fully recognize the issues surrounding the organization and ultimately leave the organization seeking additional guidance. Asking for references is recommended. Hearing from current clients will provide additional insight into the process and the result of engagement.
Leading Technology The technology implemented should be the most up-to-date, secure and ensure a paperless experience. Seamless tracking, billing and invoicing and access to real-time data is essential. Choosing a provider that not only leverages advanced software, but also provides functionality from a tablet, smartphone or other internet-based electronics.
Finding the right outsourced accounting partner is essential. It is, after all, a partnership, one that will be long-term and will require fluid communication in order to be successful. To find out more about WVC RubixCloud and how we provide high-level, accurate and efficient outsourced accounting, visit our “What We Do” page. Take control of your accounting and contact us to discover how we are the right outsourced partner for your organization.