Accounting outsourcing: effective support for companies and commercial firms

Accounting outsourcing represents an opportunity for companies who decide to outsource their accounting and administrative management. Accounting is a delicate activity and must be treated with the utmost attention. Trivial errors in the calculation or deduction of a cost, or the double issue of the same invoice, can generate catastrophic damage.

Particularly in medium and large companies, where accounting entails a huge volume of work, mistakes are always around the corner. Hence, the outsourcing of accounting services becomes a perfect solution and allows for a series of tangible advantages.

We Are Fiber provides you with smartsourcing services to support your routine accounting activities, from outsourced payroll to keeping one’s accounts in good standing.

Accounting outsourcing: why it is convenient

Outsourcing is the process by which a company or an entity entrusts the management of certain secondary but nevertheless essential activities, such as accounting, to a third party supplier. In this way, internal resources are better managed and processes that are not part of the company's core business are streamlined.

The outsourcing of accounting and administrative activities is convenient for several reasons. Firstly, companies can reduce the workload of their employees and, at the same time, save on investments in terms of hiring skilled personnel for such tasks. Internal resources can therefore focus more on their specific tasks, ensuring better productivity. In addition, all company functions are streamlined and work proceeds quickly, fluidly and without hitches.

From simple practical activities, accounting and administration can be transformed into strategic activities for the benefit of the company. Supported by the accounting-administrative team provided by We Are Fiber, your company can identify any critical issues, avoid crises and adopt the most appropriate strategies and plans for savings and spending in the medium-long term. Investments and business performance in general also benefit.

Outsourcing of accounting for commercial purposes

Administrative accounting outsourcing is also a service required by commercial accounting firms. It may seem paradoxical that an accountant turns to outsourcing, but such cases are far more frequent than one might think. Small businesses often have to deal with varied situations and do not always have the right skills to handle these. In such instances, they rely on external personnel. The same applies to accounting firms. A small company may be able to manage 40 companies but, if this increases to 45 or 50, problems could arise. In this regard, the firm has limited resources and cannot handle too many customers.

The options at this point are as follows:

• The first option is deciding not to take on other customers, thus limiting the growth of the company as destined to remain as it is. Furthermore, the risk of stagnation must be taken into consideration, namely that some customers leave or fail as businesses. The customer base therefore never grows and can, in fact, shrink over time.
• The second alternative is to hire one or more people to better manage the accounting tasks. In this case, however, expenses increase and the costs exceed the advantages deriving from the acquisition of one or more accounts.
• The third option is the outsourcing of accounting, a choice that is increasingly appreciated and popular with small, medium and large companies. In this case, only the extra work that cannot be managed independently is contracted out, thus optimizing costs and increasing earnings.

The accountant who decides to outsource also gains valuable time, which can be invested in other activities, such as specializing in certain subjects and hence providing added value in terms of advice to clients. The company gains with regard to image and professionalism, as it offers specialized services in the most disparate sectors and commercial areas.

Why choose We Are Fiber for the outsourcing of commercial services

We Are Fiber provides you with a highly qualified staff that is constantly updated and trained according to the main trends in the accounting sector.

We offer payroll services, so managing payrolls to optimize staff accounting, without having to hire internal resources that would weigh on the company budget. If necessary, we can also create tailormade solutions to retrieve, analyze and process staff data with the utmost accuracy and confidentiality.

Accounting is also one of our flagships, to support you in the management of general accounting, customer accounting, supplier accounting and treasury. Our resources guarantee maximum data protection, according to an ethical code and a meticulous privacy procedure in line with European regulations, and allow for flexibility based on seasonality.

Some companies are reluctant to outsource accounting, as it is a truly sensitive sector. For this reason, we invite you to contact us and learn about our services, our advanced technologies and our constantly updated know-how.

Contact us!