Is it time to outsource?

Maybe you’ve focused on building an internal team, or you’ve been focused on growing the business or developing a new product and your back-office functions are falling to the wayside or taking a toll on your in-house resources. For any number of reasons, outsourcing your essential functions can free up time and funds to grow your business. When will you know the time is right to make the decisions to outsource?  

You have more work than time. According to this survey of CFOs asking how much of their time is spent on transactional work instead of strategic work, 88% said they did not have time for strategy due to the time tasks like AP, AR, and closing their books take. Passing those mundane, but necessary tasks to an outsourcing provider allows leadership to focus on strategy, reaching goals, and pivots attention back to the meaningful work. 

Growth is stalling, or you are growing rapidly. Whether you need to make growth a priority as an early stage or mature business, or you are growing too quickly for your in-house departments to keep pace, outsourcing functions like finance and accounting simply makes sense. An outsourcing program is a long-term solution that will scale with you and gives expertise in areas in which many entrepreneurs are not familiar. 

And in that same vein, you are not a numbers person. You started your business in an area that is your specialty. The same principle is true for outsourcing firms. You get a team behind your finances that know what they are doing, and do it efficiently and timely, all while cutting costs. What makes our model different? Download our 5 Reasons to Outsource infographic.