Out of nowhere, COVID-19 has suddenly struck a deep blow to global businesses worldwide. Starting with a government-enforced lockdown from March, the pandemic has disrupted the businesses in every sector pushing the economy into a slump like never before.
The repercussions of the pandemic were felt by every citizen, with millions of people losing out their jobs, unemployment creeping-in, and business shutting down pulling everyone into the brink of recession. Government’s effort to make things right by aiding businesses and employees with CARES Act has helped a lot with the majority of businesses claiming business loans and employees receiving aids and unemployment benefits.
Being one of the leading accounting firms in the business Outsourced Bookkeeping has helped many businesses with the right document and consultation help to leverage the CARES Act in the form of tax incentives and SBS loans. Fortunately, the situation is brought under control with the CARES Act helping millions of employees, employers stay afloat during this pandemic.
The Next Step – Steering the Ship during the COVID-19 with Remote Accounting Services:
Though the pandemic is still on, the lifted lockdown has helped many businesses to stay open and has given time to chart out plans to recover from the pandemic and get their businesses on track. And accounting plays a major role in helping the businesses plan their recover, sustain it and amp it up.
Given the businesses have suffered a major blow on their sales and revenue, bringing back the company from the on-slaughter needs professional help. An expert accountant while sprucing up the finances, can help in providing the right financial intelligence which is very crucial to sustain the recovery mode. However, two problems arise:
1. Most small and medium businesses cannot afford the expertise of a professional accountants whose experience can help them recover.
2. With lockdown in place, most businesses are adhering to remote working options which means that an accountant must work remotely which may not be possible because it could be difficult to hire one with the right skillset not to mention even communicate with one.
However having been the business for years now, our expert accountant team at Outsourced Bookkeeping can help you weather the impact of the pandemic and provide yours with the right assistance to get your business on track.
Want to hear something better? Outsourced Bookkeeping can do that while we solve the above two problems with ease.
Our solution: Remote Accounting Services.
Here’s how Remote Accounting Services by Outsourced Bookkeeping Services can help your business during Covid-19:
Remote Accounting work in any location in the world:
By entering into a service agreement with our client we securely login to their accounting platform with limited access to the bank and financial information and start working right away based on the client’s requirement. Leveraging the state-of-art cloud infrastructure, accounting software and tools we get everything done in minutes independent of location. For more information about the process of Remote Accounting Services you can read our blog here.
Costs less – Pay only for what you need:
As our client, you only pay for your requirement which makes it easy to scale-up and scale down based on your business. In essence, you have an expert accountant at your finger who only gets paid for the world you need, unlike a regular conventional accountant who you have to pay irrespective of your work demands. Now add additional overhead costs of employee benefits, insurance and office space, remote accounting services save a lot when compared to dedicated accounting resources.
Best Industry talent at your fingertips:
It is extremely difficult to get the expert accounting talent with the right skill set on-board, even more so in these testing times. Even if a business does, they will have to compromise at other fronts and during these pandemic time, it could be burden owing to the contracted sales and revenue.
Give our remote accounting services offer complete and comprehensive Accounting services, our team consist of experts in all domains with rich industry experience of helping hundreds of small and medium businesses. In short, you are going to get the best helping hand you need at the most cost-effective price without the hassles of following a long hiring process which itself can cost both time and money.
By outsourcing your accounting needs you not only free-up the time for your accounting time by choosing for only services you need to fill the gaps in your work-flow. This way you save your time and can also direct your resources to more productive tasks in the business improving their productivity.
In essence, Remote Accounting Services can help you leverage the best accounting talent in the business that can perform all your requirements to the T, at a cost-effective price all while improving your productivity. Like what you see? Then why wait to choose Remote Accounting Services and seek all the help you need with your accounting work. You can find us here: www.outsourcedbookeping.com