Aussies Reduce Costs in One Business Quarter Using BOSS Outsourcing Accounting

Industry: Accounting

BOSS (Back Office Shared Services) aids their Australian accounting clients in the ability to reach their fiscal goals a lot sooner than expected.

Lindfield, New South Wales, Australia (PRUnderground) October 28th, 2020

It’s not uncommon for businesses, all kinds of businesses to baulk at new things. However, outsourcing accounting has now led quite a public profile for almost two decades making it something quite familiar and therefore more safe to leap into.

Thousands of Australian practices are enjoying the benefits that outsourcing can offer them. Utilising an outsourcing firm removes a lot of in-house hiring headaches including the initial hiring process of new accountants being just one of them, and now many of BOSS’ clients have increased their profit within one fiscal quarter by outsourcing their compliance work.

Hiring overseas staff for compliance work doesn’t mean firms have to only hire outsourced accounting staff, now Australian accounting firms can use their in-house staff for more interesting work and even offer their own clients more services like business building for how their own clients can increase their annual profits. This in turn creates additional income streams for accounting firms as well as saving them money on outsourcing their compliance work.

Mr Court, Client Relationship and Marketing Manager for Back Office Shared Services wants to remind firms that “Outsourcing Accounting isn’t about just having offshore outsourced accountants on their books, it’s about utilising outsourced staff for compliance work which then frees up time for in-house accounting staff to work on more interesting jobs. It also means the in-house accountants could potentially offer their clients business building services or at least be trained up to then offer clients those services. Businesses are always looking for ways to increase their own profit and what place to go to for assistance than their trusted accounting firm. The new services offered by accounting firms also makes for an attractive proposition for their prospective clients. It’s quite the win-win.”

Clients that engage a BOSS virtual accountant can be working with their new outsourced staff within a week. There are no fees for finding an accountant fit for a client’s firm and no other hidden fees when joining or at any time during the BOSS-client relationship. Clients also get to choose from a list of accountants and in the event they need to cancel, only one month’s notice is required.

About BOSS, BACK OFFICE SHARED SERVICES PTY LTD

BOSS (Back Office Shared Services Pty Ltd) was founded in 2004 to provide skilled accountants and bookkeepers on a full-time, part-time and casual basis to commercial enterprises, accounting and financial services firms in Australia.

BOSS India is a subsidiary of BOSS Australia and runs just like an ultra-modern paperless Australian public practice because the Director and Accountancy Practice Principal, Peter Vickers, has been operating his own successful Australian public practice for over twenty years.

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