4 Benefits to Outsourcing Your Financial Department
Fisher Business Management is a firm specializing in bookkeeping and small business consulting, so I often spend time and energy showing the benefits of outsourcing a department that is traditionally thought of as an internal control. As our firm grows and takes over more financial departments, I am convinced this is a solid win for our customers. Here’s why:
- Your consultant (an employee of Fisher Business Management), is incented to help you make the smartest business decisions for your business. This means that your consultant is not incented to protect their job. This can give you a valuable perspective that an employee cannot.
- We are incented to set up systems. Because we frequently work on a fixed fee basis, we set up automated systems that help the processes move without human interaction. This removes reliance on a single employee, and helps your business build in work flow protections for owners.
- Your financial department gets better and better. As a matter of case retention for our firm, we set up goals to improve the financial department each month. This may include cleaning up a specific customer or vendor, building or improving closing processes, etc. This systematically keeps your firm nimble from the financial department.
- More help is just a text away. Because we have a firm dedicated to small business financials, we have replacements, support teams, higher level help ready to help or answer questions as needed. This prevents patches, work-around systems, hidden questions or missed opportunities.
Of course, we are working to earn your outsourced bookkeeping business. We love our job doing business consulting, financial consulting, and getting your books done. We strongly believe you will like it, too!
About the Author Barb Fisher
Barb is the CEO of Fisher Bookkeeping, an outsourced bookkeeping consultancy that provides small businesses with a full-service financial department. Her favorite aspect of work is to break down the accounting to meaningful bits, so entrepreneurs can make a powerful difference in their own business. She's also a power lifter (squat: 215, DL: 270).