Vietsourcing Group Joint Stock Company

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Home Consultancy FAQ tổng hợp Is the outsourcing fee justifiable for small companies like ours?
Is the outsourcing fee justifiable for small companies like ours? Print E-mail

Question: We are a small company with a few staff. We can hire 3 internal accountants instead of hiring you, and the internal accountiants can be  utilized for other works. Therefore, we think that outsourcing is notcost-effective.

Answer:

As you know, total costs for a staff are not only his/her salary but also other general costs. For example, salary of a staff is 3 millions/month, in actually; he/she receives about 9-12 millions/month with occurred costs.

In this case, you will realize that accounting outsourcing is not as much as using your own internal accountants. Additionally,  you will have your  accounting works done with higher quality and in a professional manner.

If enterprises are aware of the importance of accounting information to decision-making, they will no longer “taking advantage” of accountants' working time for other administrative tasks. We know that low qualified accountants are often “abused” for administrative tasks, which lead to lost of productivity.

For enterpreneurs who perform their own accounting tasks,  we recommend them to focus more on relationship and market development,  then to relax and  to care on their families.

Concerns on data, book keeping, compliance reporting should be left for a professional and trust worthy partner.

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