Did you know that nearly 40% of all large businesses in the US and Europe now prefer to outsource bookkeeping? Outsourcing bookkeeping has not just become a trend, but is also a smart and cost-saving alternative to in-house bookkeeping. If your business has an average of 30-60 transactions every month, then outsourcing bookkeeping can help you reduce cost and minimize effort. If you haven’t been already outsourcing bookkeeping, here are ten good reasons why you ought to:

1. Lower costs

When you outsource bookkeeping to India, you can definitely expect to see a reduction of 20% to 40% in your operating cost. This is because of India’s low labor costs. A qualified accountant from India would cost much less than an in-house bookkeeping professional. Apart from helping you save tens of thousands of dollars, outsourcing is also an ideal way to get better financial advice and reporting from experts who have experience in the field of bookkeeping.

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Is your law firm or law department losing its primary focus because of cumbersome legal functions that are robbing your staff of their energy? Law office management operations like retrieving daily fillings or opening, closing and retrieving customer files require plenty of time and can take a toll on your legal associates. This is where outsourcing can help your legal firm. With mundane law office management tasks out of your hands, your lawyers can finally concentrate on your firm’s core business activities.

Today, India is no longer known only for BPO services like call center operations and has proved its mettle in handling LPO (Legal Process Outsourcing) functions for global law firms and departments. An Indian legal outsourcing provider can seamlessly handle all your firm’s back office operations in a fast, efficient and cost-effective manner.

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Contrary to popular belief, outsourcing is not only about reducing costs. Outsourcing, which refers to the process of delegating work to an external firm, can bring in much more benefits that just low labor costs. Here are seven benefits of outsourcing, which you probably didn’t know about:

1. Reduce your workload and increase the focus on your business

As the owner of a growing company, you might have realized that it is difficult to pay equal attention to all the aspects of your business. For example, your staff may be great at other tasks but don’t have the technical know-how and skills of running a successful business website. By outsourcing website development to India, you can leverage the twin benefit of reducing your workload and focusing on your primary business tasks.

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