Business Outsourcing: What’s best for YOUR business?

If the last few years have taught us anything, it’s that ‘normal’ for business has been completely reimagined. We’ve established in these last three years of discomfort and uncertainty that there are better ways to get things done – from flexible working arrangements to standard recruitment practices. If you haven’t already, it’s safe to say that now is an excellent time for looking at the nature of your organisation’s current business practices. Are you investing wisely? Or simply doing what’s always been done? Long gone are the days of purely proximity-based recruitment, or even employing staff in-house for tasks a contractor could come and go from as required. Of course, there are pros and cons to any approach and we’re going to take you through them now…

Business outsourcing: The pros

While they may have been extremely challenging, navigating the changes thrown up by the pandemic have led to some excellent opportunities to assess business practices. One of the clearest discoveries is that there is a strong argument for business outsourcing over recruiting in-house employees. Improvement in business’ efficiency and profitability, as well as the chance for all involved to focus on doing what they enjoy most and do best are the clear upshots of outsourcing.

The ability for organisations to mitigate the costs associated with an employee, and the concept of business outsourcing is starting to look pretty appealing. With fewer resources dedicated to recruitment, employee benefits and retention, provision of space, tools and training, and salaries (outsourced workers are generally paid hourly or per project), a greater share of the company’s finances are available to be dedicated towards reinvesting in the growth of the business.

While these financial benefits are certainly a boon to the bottom line of any organisation, one of the biggest benefits by far is that now you are truly able to bring in the ‘best person for the job’, regardless of their location. For the first time, we are no longer being limited by the proximity of candidates to ensure the talent coming through is of the highest level. This means even regional- and rural-based businesses can remain competitive with their urban counterparts, simply by outsourcing their business operations.

Lastly, business owners and employees have more time to focus on their own specialties and areas of interest when business outsourcing takes place. Using the example of our own specialty, our clients are able to focus on the money-making tasks in their business, confident that their bookkeeping services will be taken care of accurately, efficiently and with the utmost attention to detail and compliance.

If you’re ready to make the move to outsourcing your bookkeeping and financial services, there’s never been a better time. Simply call 1300 472 412 to speak with one of our friendly team and move your business forward faster today.