Outsourcing/ Outstaffing

Accounting outsourcing is when an accounting department fully or partially passes its functions to external organization, based on a contract. First of all, it is a convenient alternative to part-time working accountant, concerning the cost and responsibility for the accomplished work. Most often, companies containing up to 15 people and with insignificant records management turn to accounting outsourcing. At the beginning of business activity accounting outsourcing is always more convenient than staff or part-time working employee.

The timely reaction to events, which take place in business activities, is very important to medium sized businesses and large-scale enterprise; thereby, a full transmission of accounting functions is not always possible. Such companies mostly transfer to outsourcing the functions of chief accountant or certain area of work (salary, the main means, etc.).

Outstaffing is one of the effective ways to solve a staffing problem in terms when 1)the extension of permanent staff is not convenient, 2) there are administrative limits from business owners, 3) the enterprise needs to come into the regional market without legal registration of the representative office or branch establishment.

Our clients receive the following benefits:

• Significant saving of financial and time expenditure;
• The opportunity to focus on business by passing miscellaneous functions to professionals;
• Clear contractual relations that take into account client’s individual significances and desires.

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