13/10/2022

Finding the Right Outsourcing Partner

Choosing the right accountancy and auditing outsourcing partner is critical for the success of your business. Here are some tips that can help you find the right partner:

Define your outsourcing needs

First, you need to identify the specific aspects of your services you want to outsource. Determine what functions you want to outsource, what level of service you require, and what kind of expertise you need.

Evaluate the outsourcing partner’s experience and expertise

Look for an outsourcing partner who has experience in providing the kind of accounting services you require. Check their credentials, processes, and ratings. Is there an account manager to help you identify areas for optimisation? Are they familiar with your technology? Your ideal outsourcing partner should have a solid reputation in the industry and a proven track record of providing high-quality accounting and auditing services. Consider factors such as the outsourcing partner’s experience, expertise, and range of services they offer.

Assess their technology and infrastructure

Check if the outsourcing partner has modern technology and infrastructure to deliver quality services. Make sure their systems are secure and compliant with industry regulations, check out their GDPR compliance and ensure they have robust security procedures. Check to see if they have ISO certification and which certificates they hold.

Review their pricing and contract terms

Ask for a detailed breakdown of the pricing structure and contract terms. Ensure there are no hidden costs or fees. Review the terms and conditions carefully before signing the agreement – is it a fixed contract or monthly? Will early exit penalties apply?

Check their communication and responsiveness

Look for an outsourcing partner who communicates clearly, regularly, and in a timely manner. Make sure they have an account manager to personally handle your account and respond to your queries and concerns. Is the resource dedicated to your company or will it depend on the day?

Consider their cultural fit

Look for an outsourcing partner who shares your business values and culture – and ask if they have built their outsourcing team with this in mind. They should be able to integrate seamlessly with your team and work as an extension of your business.

Conduct due diligence

Before making a final decision, conduct due diligence on the outsourcing partner. Verify their credentials, check their financial stability, and ensure they have a great reputation.

By following these tips, you can find the right accounting and auditing outsourcing partner to meet your business needs and help you achieve your goals.

Your Irish Outsourcing Partner

– Specialising in Accounting and Auditing Services

Teams PLUS is an Irish outsourcing company, specialising in accounting and auditing services. We match your needs with qualified and experienced team members, sourced specifically for you and based in our state-of-the-art office in India. With robust security protocols, ISO certification and fully GDPR compliant, the integrity of your data is always assured.

We differ from bench outsourcing models, in that our members work exclusively with you, as an extension of your local team. This means you get the work you want delivered the way you want it. Experienced and highly qualified, they hit the ground running and you are guaranteed quality work, continuity of service and the ability to scale your business without the cost and commitment of hiring permanent staff.

Get in touch with us to find out more about outsourcing and how it can help your business. No obligation. Simply contact us and we can arrange a call at a time that suits you.

Click here to schedule a call with our team at a time and date that suits you. You can also follow us on LinkedIn.

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Whether you are making plans for your future growth ambitions or looking to drive efficiencies right now, we can help. Our team based in Cork and Dublin are available to meet with you and discuss your requirements.

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