What are the challenges when you outsource your accounting?

It’s not possible to give every element of your construction business the time and attention it deserves. You’ve been trying to handle your finances on your own but it’s become overwhelming and you’re not even sure you’re doing everything right.  Wouldn’t you rather devote all your energy to things you excel at and actually enjoy? 

That’s where outsourced accounting comes in. 

Outsourced accounting is a very different experience than handling your finances on your own. Like anything new, you may experience some growing pains when you first start your journey but, with the right preparation, you’ll start seeing the numerous benefits of outsourced accounting that much faster. So what sort of challenges can you expect? 

We aren’t as accessible as someone you have in your office 

An outsourced team is not the same as inhouse employees. We aren’t sitting a few feet away in the office, and we can’t drop everything we’re doing for another client to get on something immediately you’ve asked of us. We have our own workflow and schedule that has to be followed. 

With that being said, our standards and timelines will be clearly communicated from the very beginning. Part of the Beyond Way is regularly scheduled meetings so you’ll always be in the loop and know exactly where you stand. 

On top of that, we’re providing a level of expertise, training, and passion that you may not get from an inhouse employee. We don’t just execute what you ask of us when you ask – we also provide valuable insight that makes a difference in your business. It’s sort of like sitting down to eat at a Michelin Star restaurant versus grabbing something from a drive-thru: one may be faster, but the quality is incomparable. 

We have our own systems, and we know they work 

When you go to the dentist to get your teeth cleaned, do you bring your own tools? Do you direct the dentist how to clean your teeth and ask them to only do things a certain way? 

No! Of course not. You know the dentist is an expert at what they do and has gone through years of education, training, and practice to be able to give you the best results possible. 

As outsourced bookkeepers, we’re the same way. The systems we have in place are tried, true, and tested over many years. We do things a certain way because we know it’s what’s best – not for us, but for you. Our purpose is to make your life easier while getting you more accurate and more efficient data. 

Hiring an outsourced team means trusting that they know best. You may have to undergo some adjustments and changes, and we know this isn’t easy, but we’ll do everything in our power to make this transition as seamless as possible. And we promise, when you see the results, you’ll know it was all worth it. 

You’ll have more work at the beginning and it will let up

One of the reasons you’re considering outsourced accounting is so that you’ll have less on your plate. Eventually, this will be the case, but at the very beginning you’ll find that you have a bit more work to do. 

When we first start working together, we’ll be asking a lot of questions so we can best understand you, your business, and your goals. This will include an onboarding meeting that, through our experience, we’ve learned to structure in a way that gets all the information we need. In short, we want to know what’s going on in your business currently and work out what will be most helpful to you. 

We’ll also be asking for source documents,, clarification for certain purchases, and more so  we can get you up and running in our systems. While this may feel like a lot, it’s all designed to help us build a solid foundation. Once that foundation is built, we can work quicker, better, and with a clear direction you want to take your business in. 

Outsourced accounting will transform your business 

Hiring an outsourced bookkeeper is one of the best ways to level up your small business. For the price of one service, you get: 

  • Accurate, up to date data you can access anywhere, any time using our cloud-based software
  • More time to focus on other parts of your business 
  • Less headaches trying to handle your own bookkeeping 
  • More insights into your financial health 
  • Confidence in the future and how you can work towards your goals 

And when you start a partnership with us understanding the common challenges you might face, you’ll be more prepared to overcome them quickly and reap the rewards that much faster. 

For more of the benefits we can bring to your business, check out our blog on why hire a bookkeeper. Ready to get started?  Get in touch with us to start your beyond journey today.