Why outsource your business accounting?

Outsourcing accounting means entrusting all or part of the company’s accounting management to specialized professionals in the sector, such as accountants or trustees.

The advantages are multiple:

• You stay focused on your business  by letting assim que começa a sétima série professionals take care of the accounting tasks.
• You save time and can allocate it to other tasks, where you have real added value to provide.
• You save money because you don’t need to recruit internally.
• Finally, you ensure compliance with regulations and benefit from advice on tax optimization (for example).

GOOD TO KNOW
Are you wondering when is the right time to outsource your accounting? Mainly when you are experiencing rapid growth, when financial management becomes complex, or because you want to stay focused on your core business.

The type of business

When choosing the partner who will handle your accounting, take stock of the type of business you are looking for.

• A traditional trust company (e.g. an accounting firm)?
• A neo-fiduciary company with an online accounting system (in other words, internet platforms)?
• Or a company specializing in payroll and insurance  ?

Also check whether this accounting partner is familiar with the local tax standards to be respected , depending on the country and the status of your company.

Data security and confidentiality

This is a major concern for your business. The accountant  taiwan lists must have strict security protocols and a clear confidentiality policy .

Ask your accountant questions:

• What security measures does as actually put in place to protect your company’s sensitive information?
• What tools do they use on a daily basis for data privacy? Do they comply with the LPD or GDPR?
• What are the processes in the event of hacking, for example?