Bookkeeping is that task most accountants despise since it is time consuming and less profitable compared to accounts. But it also happens to be unavoidable. So accounting firms and CPA's alike look for professional bookkeepers to do the job.
Now this can be hard to find given that professional bookkeepers are so few in number. Moreover their rates are a lot higher than average. End result- accountants take care of the bookkeeping themselves and take only a few clients. There are in fact many cases where accountants turn down new businesses for not having time to do the bookkeeping themselves. Sad isn't it?
Indeed. The bigger accounting firms can comfortably afford to keep professional bookkeepers and also provide them training if necessary. Sadly, this is not the case when it comes to CPA's or smaller accounting firms.
So you must be wondering if there is a cost-effective solution?
There is, and it lies in outsourcing. Business Process Outsourcing makes all services affordable and this also includes accounting bookkeeping services. Now it is alright to be apprehensive of divulging sensitive information such as accounts. But you must understand that outsourced tasks of such nature are treated with ultra high security.
Here are certain security measures followed at BPO's that do CPA bookkeeping and accounts related tasks
Restricted internet access
Employees have access only to certain websites which are related to their work. Chances of misusing client information is therefore greatly reduced.
Data transfer through secure portals
BPO's have a highly secured online file transfer system which uses 128-bit encryption protocols. The clients are provided with an exclusive account in the system and separate storage area. They only have to log in and upload the data. They would be receiving data from the BPO through the same means.
Highly secured work atmosphere
High security infrastructural elements such as security cameras monitoring all major areas of the office are present. Entry into office is allowed only through Biometric finger print scanner. "No cameras or mobile phones" inside work area is another security measure they follow and data transfer devices such as pen drives, hard disks, DVD's and CD's are banned.
This is the kind of infrastructure and work policy needed when handling information as sensitive as accounting and bookkeeping. It is important to see that the BPO you choose to outsource your bookkeeping to adhere to these security measures.
By making the decision to outsource you could get access to cost effective CPA bookkeeping. This can be a lifesaver decision provided you choose a credible BPO.
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