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Outsourced Finance and Accounting Services, Bookkeeping See a New Direction

Editorial Board by Editorial Board
October 12, 2022
in Finance News
Reading Time: 5 mins read
0


IBN Technologies, a USA company based with a global delivery center in India.

PUNE, India, October 12, 2022 /PRNewswire/ — “Accounting is the most outsourced industry sector,” says Clutch research data that says 37% of small US businesses outsource finance and accounting. Outsourcing financial and accounting services has many proven benefits. Most arise from companies striving to increase the accuracy, agility, and usefulness of their accounting and bookkeeping procedures without incurring significant overhead. The administration of every company depends heavily on finance and accounting. Money is the lifeblood of businesses, and controlling it means controlling business direction by keeping accurate records of a company’s income and expenses.

Outsource accounting services

Outsource accounting services

Although many business owners are unaware of how accounting and finance outsourcing can benefit their business, these services help expand their business. Too often, many decision makers believe that finance and accounting can only help in conventional ways, such as bookkeeping, record keeping, and accounts payable and receivable. Although these are very important tasks that must be performed accurately, this way of thinking restricts the true range of what outsourced accounting and finance services can offer. A critical component of expansion of one The company is using outsourced fractional finance, accounting and CFO services that help companies think strategically and connect their plan to KPIs.

Explore IBN Technologies’ outsourced accounting and finance services

IBN Technologies is an established provider of outsourced accounting, finance and accounting services through a team of highly competent and dedicated accountants. With the aim of helping its customers to increase their core business capacity, IBN Technologies offers significant cost reductions in the operating costs of accounting, finance and accounting services. And all this adds to the advantages for clients of not having to worry about the talent crisis affecting the accounting sector.

“Businesses today are aware that financial and accounting services require unique and specialized expertise. Not every business has the reach to have an in-house accountant or accountant/financial expert.,“, he says Ajay Mehta, CEO and founder of IBN Technologies. “That’s why employers should look to outsource this key function to a cutting-edge firm that offers the focused, precise and value-added services a business is looking for.”

An advantage of good accounting procedures is that they keep a business in legal compliance. It is easy for owners / founders to break many rules, such as not paying the correct amount of taxes, without competent accounting. Poor bookkeeping can also lead to ignorance of various small aspects that together keep a business on the straight and narrow, such as making changes to facilities to meet safety standards. Having poor financial records can also cause a lot of unnecessary trouble if a company is ever under legal investigation, which happens to many companies eventually.

Another important reason why organizations outsource accounting services is that they require both: ‘advice‘ i ‘completion of the task‘. These companies are aware that they need guidance and that sometimes this means having specialists to assess and identify areas for improvement. When it comes to financial and accounting assistance, outsourcing comes in handy.

IBN’s team of accountants has many years of experience in accounting in the US and a strong and certified competence. Despite being seen as a set of compliance obligations, accounting is the foundation of the accounting process. Accurate accounting and management of financial transactions is required. This covers bill payments, costs and deposits. IBN offers expertise in multiple accounting programs through theirs offshore accounting team working across industries and segments. Free up internal staff to concentrate on strategic business activities or Save up to 50% on the cost of local US accounting services by partnering with IBN Tech for none financial and accounting services. With IBN Tech, one get:

  • A company based in the United States with a global delivery center a India
  • More than 22 years of rich experience in Finance and Accounting giving the best service out there.
  • ISO 9001:2015 and ISO 27001:2013 and CMMI-5 guarantee of maximum security, quality, compliance and optimization of of one work
  • A proven track record of serving over 250 clients in the US.
  • Cost saving opportunities for of one business up to 50%.
  • A team with working experience in multiple programs and tools such as Quickbooks, Xero, Sage, Microsoft Dynamics, NetSuite, Oracle, SAP, etc.
  • Experience of a virtual CFO for of one business
  • And much more.

Learn more at https://www.ibntech.com/bookkeeping-services/.

About IBN Tech

IBN Technologies Limited ( https://www.ibntech.com/ ) is a specialist outsourcing company with clients in the united statesthe United Kingdomthe Middle Easti India. The quality of IBN Tech’s procedures is guaranteed by ISO 9001:2015, 27001:2013 as well as a CMMI-5 certification. In its 22+ years of existence, IBN has grown into a leading specialist IT outsourcing, KPO and BPO company in various industries including finance and accounting, CPA, hedge funds and other alternative investment businesses , banking, travel, HR, retail and more. .

Contact details:

Pradip Gore
[email protected]
+1 – 844 – 644 – 8440

USA:
IBN TECH LLC
1314 E. Las Olas Blvd #1104, Fort Lauderdale, FL 33301

India: Global delivery center
IBN Technologies Limited
42, Electronic Cooperative
Estate Limited Satara Road, Parvati, PuneMaharashtra 411009

Logo: https://mma.prnewswire.com/media/1919376/IBN_Logo.jpg
Photo: https://mma.prnewswire.com/media/1919377/Outsource_Bookkeeping.jpg

SOURCE IBN Technologies



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