Finance & Accounting is a kind of process which involves recording, summarizing and reporting of financial transaction related to business. Generally speaking, Joboutsourceindia expressly provides professionals for finance & Accounting. For instance, our professionals focus on your main business functionality.
In terms of cost effectiveness : A simple calculation can prove the point:
Suppose a small business raised around average 25 invoices in a calendar month. They need a employee with minimum graduate qualification along with software like Tally for preparation of invoice and book keeping of records.
The total cost of this expenditure in countries lie USA or Europe shall be around USD 4,000 per month, after considering minimum salary of employee and monthly cost of software along with other liabilities.
View above the yearly cost of support service of preparation of invoice and book keeping of financial data comes around USD 48,000
On the other hand if the same service was to be outsources than the cost would have been lesser than half the cost they are incurring along with liabilities of the employee, iteration, employee insurance, office expenses etc.
A: 24*7 support. It is Cost minimization. with high professionals.
A: Provides high Quality Services Security. Flexible software etc.
A: Bills/payment paid earlier. And provide 24*7 customers support. Web based services etc.