Accounting outsourcing

by huiyun_moo on 2009-08-27 10:08:40

The premise of accounting outsourcing is that enterprises divide the entire financial process into many segments and only outsource one or two of these segments (i.e., a particular business process) to an outsourcing company. For example, a company's balance sheet, which includes accounts receivable, inventory, and other content, can further break down inventory into procurement, warehousing, and dispatching processes. This means that only a细分 part of the process is outsourced. At the same time, outsourcing certain financial processes can save managers some time, which they can use to increase company revenue. Accounting outsourcing makes companies more efficient and thus more profitable.