FAQs
What is outsourcing?
Outsourcing" used to just refer to the use of third party service providers to assist in the delivery of services such as payroll, human resources and information technology. Today, with the technology that exists, the opportunity to outsource more and more functions of your organization is available. These services now include accounting and finance. Outsource firms can use an offsite (remote) data center and highly trained data entry personnel to perform most of the transaction tasks, while having controller and/or CFO level expertise oversee the whole process.
Why outsource?
If you are like most small or mid-size businesses, you take great satisfaction in the products and/or services your business offers. At NYC BOOKKEEPERS, we believe that your accounting and finance department should be outsourced, giving you access to the vast experience and skilled resources of our highly proficient and professional services firm. This would give you the ability to free up valuable time to focus on your business strategy, and goals, and at the same time reduce costs. By outsourcing your accounting and finance department to NYC BOOKKEEPERS you will gain the expertise level that most small to mid-size companies do not have, at a fraction of the cost of hiring people with the same skill set.
How safe is my data?
These precautions include data encryption techniques, non-disclosure agreements, and restricted access to personal information. (E.g. no ability to download, print, scan, or copy client financial data). We have assured that our third party service providers have taken the necessary precautions to secure your data.
What functions can be outsourced?
NYC BOOKKEEPERS solutions are scalable to meet each client's needs. We can provide an entire accounting department or additional resources to supplement your existing internal staff.
Won't I be losing control of my accounting information?
This could not be further from the truth!!! Since your NYC BOOKKEEPERS accounting solution includes all the built-in internal controls and procedures found in world-class accounting departments, your accounting information and data will be better controlled and managed than it is currently. In addition, regardless of where the data processing is physically being performed, your data and management reports will always be accessible to you via remote access. And, chances are, our state-of-the-art data center is considerably more secure and reliable than your existing LAN and servers.
How can NYC BOOKKEEPERS do BETTER work for less money?
Accounting is our only business. We're more efficient than most internal accounting departments because:
- We assign duties to those best skilled to accomplish them; we don't ask our staff to do work they are over- or under-qualified for.
- We have solid internal controls with appropriate separation of duties to assure accurate and timely processing of transactions.
- Our staff relies on systems and documented processes rather than individual knowledge; this makes us far less vulnerable to employee turnover than a traditional solution.
What makes NYC BOOKKEEPERS’s accounting philosophy different from other accounting firms?
This is our only business. Our dedicated focus makes us different.
Do you sign non-disclosure agreements?
Yes, all employees who will handle your account will sign non-disclosure non-compete agreements with specific reference to your account.
Conclusion:
By outsourcing your accounting department to NYC BOOKKEEPERS we are enabling you to do what you do best. Build and operate your business, and what we do best is process and manage information. NYC BOOKKEEPERS has developed capabilities to ensure consistency of service. Parameters critical to quality are identified with a focus on key operational metrics such as turnaround time, accuracy and productivity to deliver as per service level agreement with client.
