Ever-stronger competition and the volatility of the business environment are driving entrepreneurs to constantly seek improvements and reduce costs within various areas of company’s operations. One of the most commonly considered solutions is outsourcing auxiliary activities, including accounting and HR-payroll. Unlike their implementation in the in-house form, outsourcing exhibits a number of advantages, such as risk mitigation, guaranteed continuity, cost-effectiveness or freeing up strategic resources.
Our experience shows that an appropriate accounting and payroll outsourcing structuring offers tangible added value to entrepreneurs. It enables the implementation of the same tasks in a manner that is safe from the regulatory perspective, including in terms of taxes (compliance), and safe, because it is, among others, based on the latest technological tools and efficiently updated know-how. Optimised reporting provides company management with quick preview of required financial metrics and management data. In addition, outsourcing waives the challenges associated with employment continuity and keeping qualified specialists, and also significantly reduces the costs related to implementing and administering IT systems. Finally, the fact that the management board is administratively relieved, thus freeing up the resources required to effectively make decision in strategic and core-business issues is not without significance.
