Bookkeeper vs Bookkeeping software: Time to outsource?

Author: Claire Gardiner
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Whether to outsource to a bookkeeper is a decision that should be made in the best interests of your business, and with an awareness of what you need from them in order to thrive.

Whatever the size of your business, or industry you’re in, monitoring your finances and maintaining your records properly is an essential undertaking.

However, whilst necessary, it can often feel like a chore and not always something you feel inclined to prioritise. This is a slippery slope, which could land you in financial difficulty and hinder your growth.

Yet the idea of outsourcing, particularly when you may not feel you are in a position to invest in professional help, can seem both unwarranted and unjustified.

As your business evolves, your needs do too; as the volume of sales increases, paperwork mounts and that ‘out of control’ feeling may begin to creep in.

If this resonates with you now, it could be the right time to bring in bookkeeping support.

Bookkeeping software vs Bookkeeper

Embracing bookkeeping software within your business can be of huge benefit to you.

Software providers design their platforms and products with the intention of helping stretched business owners to streamline processes and save time.

Automation, for the most part, eliminates monotonous and labour-intensive data entry and frees up your time to focus on what you do best – running your business!

However, effective implementation of bookkeeping software, and the ability to use it to its fullest potential, relies on user know-how.

Furthermore, for all of the good that automation can do, inaccuracies and oversights can still occur in the absence of familiarity and experience.

This where combining software with the hands-on support of a bookkeeper can be invaluable.

What can a bookkeeper do for my business?

When considering software in particular, a bookkeeper can help you to ensure that you are getting the most out of whichever platform you choose to implement, and give you added peace of mind that the data you are inputting is accurate.

A good bookkeeper will initiate discussions with you based on a view of your finances, regular and bespoke management accounts, and the real-time data you both have access to, all geared towards helping you make decisions.

Beyond the numbers, whether tracking, forecasting or budgeting, a bookkeeper will also ensure your business records are accurate and up-to-date, and that you meet important deadlines.

Outsourcing can also be the answer if privacy surrounding sensitive data is a concern. Having your bookkeeping taken care of by a team outside of your own organisation can ensure that information about wages, or bank accounts for example, is kept strictly confidential.

Supporting your growth with bookkeeping and advisory

Our outsourced bookkeeping services, delivered by our experts in Biggleswade, Letchworth and Huntingdon, are accessible wherever you are and designed to eradicate your frustrations about financial administration, and to equip you with the tools and guidance you need to run a successful business.

Combining trusted and of the moment online solutions with a proactive advisory approach, we can give you access to better quality management and performance data, whilst also delivering on our commitment to nurturing a partnership with your business that is dynamic and collaborative.

For more information about online accounting and bookkeeping services in Bedfordshire, Cambridgeshire or Hertfordshire, contact one of our offices today.

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