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The undervalued importance of technology in outsourced accounting services

More and more companies are turning to outsourced accounting services as an alternative to an in-house finance team or director. 

Most owners will focus on the flexibility and lower costs of these services, which are just some of the benefits on offer from outsourcing. 

However, another key advantage is the ability to buy into the latest tech without having to make significant commitments or investments. 

The latest and greatest platforms

Choosing to use an outsourced accounting service will give you access to the best and most advanced practice management and online accounting systems. 

These can help to automate much of your financial function for you while freeing up your accounting team to focus on delivering insights and advice that help your business flourish. 

Attempting to buy into these platforms, and the many applications that go with them, can be costly and require a challenging implementation period. 

By using the services of an existing firm via outsourcing, this cost and complexity are removed, but you still enjoy the benefits. 

The expertise to deliver

Training a team to use the latest accounting and finance technology is time-consuming and can be costly. You also always run the risk of losing that knowledge if a person decides to leave your enterprise. 

By using an outsourced accounting service, you can rely on the expertise of leading accountants and enjoy a consistency of service that ensures you always have the knowledge on hand to make the best use of accounting software. 

An eye on the future 

Business leaders are always looking for the next big thing or time-saving solutions, but when it comes to accounting technology and apps, they may not have the same level of interest or investment. 

Working with an accountancy team through outsourcing means that your partner firm are always looking for new platforms and applications that make their jobs more efficient and your life easier. 

If you would like an initial free consultation to find out how our Outsourced Accounting Services team can help your business, please get in touch by emailing enquiries@stca.co.uk or calling 01494 552100. 

This blog is for guidance only, professional advice should be obtained before acting on any information contained herein. The information was correct at the time of publishing 14 March 2022.