Are your in-house resources unable to manage the constant pressure of bookkeeping? As a self-employed individual /entrepreneur, are you finding it difficult to manage your business and your books? Do you wish you could do away with mundane accounting and focus on company growth?  If your answer is a “yes” to any of these questions, then what you need is a virtual accountant to manage your bookkeeping and accounting.

7 advantages of using virtual bookkeepers

If you are currently employing expensive on-site accountants/bookkeepers to handle your bookkeeping, then you need to think again. When compared with on-site bookkeepers, virtual bookkeepers are more cost-effective, adaptable and easier to work with. Here are seven advantages of hiring a virtual accountant for your business:

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Does your organization have tons and tons of data tucked away in a corner? Are you unable to use this data while making critical business decisions? If your answer is a “yes” to these questions, then what you need is a fast and accurate OCR (Optical Character Recognition) data entry solution.

Optical Character Recognition or OCR is a process where machines are used to read text from paper. The data is then converted into soft copy documents that can you can easily edit, store or retrieve. Almost any type of document can be accurately read by an OCR machine, such as, brochures, flyers, marketing materials, photographs, artwork, resumes, payroll forms, application forms, tax forms, address labels, salary slips or even old paper files. OCR machines also have the capability to read black text on white paper or colored text.

OCR services even offer the freedom to convert only selected portions of a document. After your data is converted into digital copies, you can easily add these soft copies to your existing document management system. Or, you can even host the data on your site.

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Is your company keen on outsourcing? Then what you need is a full-proof outsourcing plan before you get started on offshoring you work. Just like any other business activity, outsourcing too requires a certain amount of careful planning. With a properly laid out plan in your hand, you can expect a successful business outcome, while cutting down on unnecessary cost and adding value to you company.  But how do you formulate a winning outsourcing plan? Here are seven strategies to help you come up with a perfect outsourcing plan:

1. Identify your targets and objectives

What are some of the main reasons why your company wants to outsource? Pen down your objectives, targets and expectations from the outsourcing partnership. Once you clearly define your needs, you can easily find a vendor that matches your requirements.

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