Outsourced Accounting & Bookkeeping Services.
What is Outsourced Accounting AND Bookkeeping? in Kenya
The definition of Outsourced Accounting & Bookkeeping is an external accounting company taking over your in-house accounting department functions. The external team is an extension of your team yet provides capabilities of scale, cost, and expertise that are difficult to hire internally for most businesses. The outsourced accounting team handles the day-to-day transaction coding, accounts payable, accounts receivable, payroll, management financial reporting, and many other services just like an internal team.
Outsourced accounting & Bookkeeping services is a service that provides a complete accounting department experience for small,medium and Large businesses. An accounting department handles the day-to-day transactions, accounts payable, accounts receivable, payroll, management accounting reporting, and many other services.
“2Max Provides Accounting and Bookkeeping services in Kenya to companies of all sizes, in Nairobi and across the country. We are one of the top accounting firms in the Kenya.”Our outsourced accounting and bookkeeping in Kenya help companies streamline their accounting process, achieve efficiency, and save on accounting costs. Our consultants and CPAs strive to enhance your bottom line through cost-effective management and accounting of operating costs and reporting for employee expenses, management costs, payroll, taxes, and costs associated with overhead, including benefits, equipment, and software.
Years Of Experience in Accounting & Bookkeeping
Outsourced Accounting and Bookkeeping in Kenya
Hundreds of Businesses & Companies outsource their Accounting & Bookkeeping Services.
What are the Accounting & Bookkeeping Services you can Outsource?
Our professional bookkeepers and accountants bring forward their expertise and experience and help your accounting and bookkeping function be efficient and effective. We use advanced accounting and bookkeeping software which help to get an accurate picture of your business financial health.
Being Kenya’s leading bookkeeping and accounting firm, we believe in easy dealing with our clients for which we provide a set of an initial checklist of documents required from you. Your documents are safe with us. We remain in touch with our clients via various online platforms.
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Many small businesses, start-ups, and entrepreneurs find it challenging to hire an accountant. Especially with the right skills to prepare their company’s financial statements, manage bank account operations, analyze financial data, and prepare the outgoing invoices.
Cost-Saving Accounting Services
In general, most businesses consider outsourcing to be additional, and therefore the unnecessary cost for their business. It is not the right perception at all. In fact, it is the opposite.Our clients who are outsourcing accounting & bookkeeping is willing to reduce their expenses but most importantly, without reducing the quality.The savings that outsourcing usually provides can be quite considerable as most companies can offer their services at lower cost rates (typically due to lower labour costs at their location).Besides, by outsourcing, you save money on paying the salaries, taxes, office supplies and benefits for the full-time or part-time employee. You only pay for what you need. There is no loss in productivity costs that come along with hiring full-time employees.
Eliminate Time and Costs of Hiring Processes
If you will look at the picture, the recruitment process is a rigorous job. It takes resources to manage it, from creating a recruitment strategy to selecting applicants to interview them. The recruitment process takes your business time, it costs, and you will need to dedicate the time either for yourself or the employee.Many companies do not consider the time they spend looking for a professional Accountant. And time is equally correlating with costs. It must be accounted for savings of outsourcing business processes.
Scaling Accounting Easily
The accounting service providers has the amount of availability to scale your services significantly without any lag. For example, if your bookkeeping and accounting tasks exceed the number of functions for 1 employee, you can easily be enforced with the extra workforce. Without the need to go through a rigorous recruitment process.Moreover, accounting and bookkeeping service providers are charging on an hourly basis. It means you can scale up or scale down the hours without any interruption.
An accountant is your advisor
A good accountant will always provide advice on how to make accounting more efficient. Sometimes he might work with a couple of companies and propose an excellent experience from another client. Whether it is about taxation, accounting software or even providing financial advice.
Automation technologies
Most businesses use accounting automation software to save time. It will save time, but importantly, it reduces risks. Automating accounting is minimizing human errors. Secondly, in automation software, accountants get real-time reports. They assist in catching potential problems and resolving them at an early stage. Thirdly, it will reduce the probability of internal fraud.Most of the accounting service providers are highly qualified in the automation tools such as Quickbooks, Sage, Visma, Xero, Microsoft Dynamics, SAP and more.
Eliminate Time and Costs of Hiring Processes
If you will look at the picture, the recruitment process is a rigorous job. It takes resources to manage it, from creating a recruitment strategy to selecting applicants to interview them. The recruitment process takes your business time, it costs, and you will need to dedicate the time either for yourself or the employee.Many companies do not consider the time they spend looking for a professional Accountant. And time is equally correlating with costs. It must be accounted for savings of outsourcing business processes.
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Phone: +254 720 609 482 & Email: info@2maxgroup.com
