Outsourced bookkeeping vs In-House Bookkeeping

Outsourced vs In-House Bookkeeping Bookkeeping is described as recording, on a daily basis, of financial transactions as well as information related to a business. It's concerned with making sure that records of individual financial transaction are up-to-date, accurate and comprehensive. In-house bookkeeping Outsoure bookkeeping Outsourcing Save your valuable time and helps you to concentrate more on your core business Inhouse bookkeeping extends your monitoring time No need to purchase software and other equipments The top tools in the industry are more expensive Outsourcing saves up to 40% of cost compared to the in-house bookkeeping You need to spend recruitment fees, cost of a desk, social welfare and pension for an employee Standard policies and procedures to support the rapid growih of business Hard to catch up with the pace of fast expansion More accurate and more comfortable means better Inaccurate and incomplete which impacts business decisions quality This infographic designed by Enrich Management Consulting Mail: [email protected] Phone: (+65) 6299 5995 Web: enrichco.com