The discussion is not about technology.
It’s about business efficiency – getting more work done in less time.
And it’s about effectiveness – providing a higher level of service and a better, more accurate and insightful result.
e-Accounting has been developed for the professional accountant, the bookkeeper or process outsourcer, and for the client business. The model was created to provide technologies and services that can help increase processing capacity, produce more work, engage more customers, and grow the business.
Many organizations are actively looking for ways to improve efficiency and profitability in these tough economic times. Outsourcing of non-core business processes or functions has proven to be one of the best ways to help "recession-proof" the business. Outsourcing helps companies by alleviating the strain on overburdened staff, and allows the business to use money and other resources wisely. And there's been significant growth in outsourcing business from small and medium size companies. The trend is expected to continue for some time.
Outsourcing is becoming broadly adopted as a smart way of doing business. It is becoming the norm, rather than the exception. And the volume of outsourcing in the small business area is growing dramatically, with studies reflecting an expected 50% increase in volume of outsource work in the next year. Now, more than ever, the small business market is the engine of economic growth.
e-Accounting incorporates the business model, the technology delivery, and the application environment that addresses the specific needs of the accounting industry. Through the increased efficiencies experienced with using these services, professional accountants and their bookkeepers find that they are now able to realize increased revenues by billing for services, not by the billable hour. Further, clients are provided the opportunity and tools necessary to broaden their scope of service and involvement with their client businesses. The approach offers the domain expertise and resources to help businesses transition to or incorporate e-business technologies. Now, the professional has the opportunity to develop new competencies in business technologies without having to invest the entire practice and put the client base at risk. This allows the professional to establish his position more closely to the top of the business value chain, and creates business opportunities for bookkeeping and data processing services and others who perform the mechanics of the accounting and business process.
It’s about business efficiency – getting more work done in less time.
And it’s about effectiveness – providing a higher level of service and a better, more accurate and insightful result.
e-Accounting has been developed for the professional accountant, the bookkeeper or process outsourcer, and for the client business. The model was created to provide technologies and services that can help increase processing capacity, produce more work, engage more customers, and grow the business.
Many organizations are actively looking for ways to improve efficiency and profitability in these tough economic times. Outsourcing of non-core business processes or functions has proven to be one of the best ways to help "recession-proof" the business. Outsourcing helps companies by alleviating the strain on overburdened staff, and allows the business to use money and other resources wisely. And there's been significant growth in outsourcing business from small and medium size companies. The trend is expected to continue for some time.
Outsourcing is becoming broadly adopted as a smart way of doing business. It is becoming the norm, rather than the exception. And the volume of outsourcing in the small business area is growing dramatically, with studies reflecting an expected 50% increase in volume of outsource work in the next year. Now, more than ever, the small business market is the engine of economic growth.
e-Accounting incorporates the business model, the technology delivery, and the application environment that addresses the specific needs of the accounting industry. Through the increased efficiencies experienced with using these services, professional accountants and their bookkeepers find that they are now able to realize increased revenues by billing for services, not by the billable hour. Further, clients are provided the opportunity and tools necessary to broaden their scope of service and involvement with their client businesses. The approach offers the domain expertise and resources to help businesses transition to or incorporate e-business technologies. Now, the professional has the opportunity to develop new competencies in business technologies without having to invest the entire practice and put the client base at risk. This allows the professional to establish his position more closely to the top of the business value chain, and creates business opportunities for bookkeeping and data processing services and others who perform the mechanics of the accounting and business process.
