Outsourced bookkeeping is when a company hires an external individual or firm to handle its bookkeeping—recording the financial transactions of a business and preparing financial statements, such as balance sheets and profit and loss statements.

Outsourcing accounting function enables managers to save time and concentrate more on core activities and network- building activities which aid the company achieve its set goals.

Outsourcing financial services allows you to get the full accounting department experience without the internal hiring process hassle and expense. You get the benefit of knowledgeable and experienced finance professionals who can take the financial tasks off your plate and free up your precious time.