Friday, November 8, 2013

Is It a Good Idea to Outsource Denver Bookkeeping Services?

Back then, it was imperative for companies in Colorado to have an in-house bookkeeper who is responsible for recording financial transactions and balancing it out with all of the business's income and expenses. However, some companies were simply outsourcing Denver bookkeeping services. According to an article in Forbes, finance and accounting was one of the first processes companies outsourced, and the practice continues to this day. The article cited a study from Ovum research which showed that finance and outsourcing projects worth one million dollars and more increased in 2012 compared to the year before. The most commonly outsourced services include accounts receivable, accounts payable, and payroll accounting. The study showed that driving efficiency is a high priority for CEOs in 150 large companies in the United States, the United Kingdom, and Canada.

http://www.denverbookkeepingservice.com/good-idea-outsource-denver-bookkeeping-services/

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