Outsource

Outsource

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Why Outsource?

Why outsource something as vital as financial management?

Increasing numbers of organizations — for-public, private, nonprofit, small, medium, and large — are outsourcing some or all of their financial functions to a third party.

Contrary to popular misconception, outsourcing is not just for distressed companies. Many strong, growing companies outsource their accounting/financial management function as part of their growth strategy.

Outsourcing defined

Outsourcing is the process of subcontracting operations to a third party that otherwise would be done by in-house staff.

It is a strategic tool for managing your organization more efficiently and improving your return on investment. It also provides access to experienced professionals who can counsel on strategic growth issues.

When you outsource some or all of your financial functions to Creditz-Debitz, we:

  • Take responsibility for processes and duties formerly performed by employees.
  • Manage the process from beginning to end.
  • Do it in consultation with you.

Benefits of outsourcing
Outsourcing accounting and financial functions delivers a number of important benefits, as follows:

Outsourcing... Which means...

 

 
Reduces your total accounting department costs. You can do the same amount of work in less time - or do more with your existing budget.

 
Provides support and expertise when and as you need it. Your staff remains focused on its core mission.

 
Enables you to access the right expertise on demand. You save time by relying on seasoned professionals who are immediately productive.

 
Allows you to afford a professional at a higher level on a part-time basis than you could afford full time. The job you need done gets done correctly by the properly qualified and experienced person.

 
Lets you implement restructuring plans or streamline operations. You save time by identifying what works and what doesn't, enabling you to reach optimal performance in short order.

 
Gives you experienced accounting and financial management professionals who adhere to best practices. You don't have to handle personnel management issues, such as recruiting, supervising, and evaluating, for the Creditz-Debitz staff assigned to your account.

 
Improves internal work processes. You spend more time selling and managing than performing financial/accounting operations.

 
Often improves management and control of your existing financial operations. You get peace of mind.