Smaller Companies Profit from Outsourcing

While business process outsourcing (BPO) has become commonplace among large corporations, an increasing number of small and medium-sized companies are appreciating the benefits of contracting out routine office functions. One good place to start outsourcing is the accounting function.

Accounting data is easy to transfer and does not require complex interpretation, so outsourcing this essential business function offers attractive returns on low levels of risk. Small business owners who are serious about protecting and exceeding their profit margins are outsourcing to reduce in-house operation costs.

A decade ago, the rationale for BPO was strongly related to reduction in labor costs, but giant companies, such as GE, Microsoft, and Dell, demonstrated that there are wider benefits to be obtained. Today, CEOs are looking for improvements in processes and efficiencies, and topping the list of reasons is a gain in profitability.

If American businesses, small or large, do not achieve profitability, they will fail. A strong accounting system helps identify where the best pockets of profitability lie, so they can crack the code of the business game.

GO Global offers a complete range of accounting services for small and mid-sized companies. We are based in the U.S. and have a highly trained staff in Guatemala where we do the day-to-day data processing and accounting functions. Legal and accounting professionals in the U.S. review the information before and after it is processed. We help our clients identify information that will enable them to grow and become more valuable to their shareholders and stakeholders.

Visit GO Global at www.goglobalbpo.com or call 877-462-7680.