Why Offshoring is the Intelligent Way to Outsource

  • Post author:
  • Reading time:10 mins read

The most frequently asked question we get at conferences, exhibition and events is, “I’m considering outsourcing.  Can you please let me know how it works with you?”.  As we are called Intelligent Outsourcing, the question is a fair one.  We reply that offshoring is the intelligent way to outsource.    Let me explain.  The terms "outsourcing" and "offshoring" are often used interchangeably, leading to confusion. While both concepts involve the delegation of tasks to external entities, they differ significantly in scope, geography, and strategic intent. So, let’s have a closer look at the difference between outsourcing and offshoring and the…

Continue ReadingWhy Offshoring is the Intelligent Way to Outsource

Why Offshoring is a Smart Move for Accountants

  • Post author:
  • Reading time:7 mins read

In the ever-changing landscape of accounting, accountants are increasingly turning to offshoring as a strategic tool to enhance efficiency, reduce costs, and stay competitive. Outsourcing bookkeeping, tax returns, VAT, and accounting functions to offshore locations, such as the Philippines, has emerged as a game-changer for UK, European, UK and Canadian accounting firms.  Offshoring offers many benefits which go beyond simple, yet attractive, cost savings. . Cost Savings The most apparent advantage of offshoring bookkeeping, tax returns and other accounting tasks is the substantial cost savings. The UK has a high cost of living and an associated high cost of labour.…

Continue ReadingWhy Offshoring is a Smart Move for Accountants

Marketing for Accountants: How to Get Ahead of the Game

  • Post author:
  • Reading time:7 mins read

Accountants do not generally use marketing strategies to grow their businesses. Most accounting professionals rely on client referrals.  They know that businesses will always need core accounting services such as bookkeeping, VAT returns, end of year accounts and payroll.  They hope that their clients will refer them to other business owners.  This can and does happen to accountants who look after their clients, but it cannot be relied upon to grow your business as you have no control over when and how often it happens. So how do you gain control over your business growth?  Business growth is not like…

Continue ReadingMarketing for Accountants: How to Get Ahead of the Game