Accounting Outsourcing
Professional staff does daily accounting
From payment, issuance of invoices,
monthly settlement, tax declaration
Accounting Outsourcing
Finance and Accounting outsourcing includes daily operations, billing, deposit/withdrawal management, tax, and other management. We provide daily bookkeeping, journal entries, accounting, and invoices using the latest technology. An accountant with bilingual training will support your company’s accounting department as online staff. We provide one-stop support for daily accounting operations, overall business design, redesign, IPO support, and M&A preparations.
Do you have any of these problems
with your accounting work?
- I cannot hire an experienced accounting person
- Monthly settlement is incorrect, slow, analyzed
- I don’t know if there is a problem with compliance
- Is it possible to make a professional outsourcing?
- Do you have any of these problems with your accounting work?
- Temporary employees are overwhelmed with tasks such as handover work.
- I want to outsource documentation, DX conversion, audit response, etc., but I don’t know how to do it.
- I am concerned about the system one accountant only in the company.
Professionals will help you in the system, specialty, and price.
Service Contents
Accounting outsourcing service
We handle general accounting work such as daily bookkeeping and journal entry, accounts receivable and payable management, and expense reimbursement.
- Save the cost as much as possible
- Have a knowldge of book keeping / accounting but no time to manage book
- Accounting is managed by tax accountant but need to entry journals
Tax filing service
We undertake everything from financial statements to tax returns for companies around the world.
- Professional staffs support you
- No experianace for accounting
- Reasonable fee for monthly/yearly closing
System services
We provide ERP system support for Yayoi, Bugyo, SAP/Oracle global systems service.
- Review acccounting operations
- Change the productivity
- Get the Company financials timely
Pro and Con of accounting outsourcing
Explaining the Pro and Con of outsourcing accounting tasks
Pro of accounting outsourcing
- You can expect a professional level of service in a timely manner
- Opportunities for cost reduction and process improvement
- Flexible support such as at the time of settlement of accounts, business expansion, and off-season
- Concentrate on core operations also support a globalization
- Recruitment costs and training/education efforts can be reduced.
Con of outsourcing accounting tasks
- External leakage of know-how
- Unable to keep the intangible in the company
- Service level operations management
- Outsourcer stability
- Before the services, it’s difficult to identify the service level
Outsourcing accounting reduces the burden on the accounting department. Outsourcing can also reduce hiring costs and improve accountant training efforts. Accounting outsourcing is a powerful option to resolve the shortage of accounting personnel and improve organizational productivity.
Case
Accounting Outsourcing
Bosch engineering Co., Ltd.
Bosch engineering is a German car -related company. Three staff members from iAP are working on account payabale operaions,invoice management, and bookkeeping work.
Site manager and his staff work on the monthly ACCOUNTS operations
Accounting Outsourcing
KG and Company Co., Ltd.
KG and Company Co., Ltd. has developed and introduced payment systems. There are three domestic companies and related companies in Malaysia, Estonia, and the United States, and have outsourced accounting operations in a total of six companies.
Outsourcing introduction process
The process of the accounting personnel out source has the following steps.
When considering the outsourcing personnel out source, it is necessary to clearly determine the scope, period, cost, quality standards, etc. to out source. It is also necessary to examine the benefits and risks obtained by outsourcing and determine whether the outsourcing is the optimal option.
When selecting an out source destination, it is necessary to evaluate the reliability, quality standards, prices, and security measures at the out source destination. It is also necessary to consider whether the outsourcing destination can provide services that match the company’s accounting system and business process.
Once the out source destination is selected, the contract negotiations are performed. Contracts include business scope, price, delivery date, quality standards, service level contracts, etc. The contract includes the outsourcing destination and the company’s responsibility, confidentiality contracts, and conditions for canceling the contract.
Once the out source destination is decided, start preparing for the business. We will determine the work procedure and schedule for migration, and perform data migration and application settings. It is also important to provide training and support for the outsourcing destination.
When the migration is completed, start accounting operations by out source. It is important to submit regular reports and establish communication on solutions. It is also important to maintain the quality standards promised by the outsourcing destination in accordance with the service level contract.
Performance monitoring and improvement We create KPI reports on a quarterly and semi-annual basis to review performance and productivity. 1. Visualization of the number of slips and tasks 2. Review current costs and time 3. Goal setting 4. Analysis of the difference between target and actual 5. Action
Frequently asked questions about accounting outsourcing
Regardless of the type of business or industry, you can consult us for any accounting work.
Outsourcing services will start in about a month at the earliest. On average, it takes about 2 to 3 months from the consultation.
There are no rules. You can also use the accounting software you currently have or plan to install.
As the cost varies greatly depending on the volume of work and work time, we plan it according to the customer.
The contract is for more than 3 months. It is also possible to cancel the contract midway. *Cancellation conditions apply.
You can also request payroll calculations. In addition to payroll calculations, we also provide human resources outsourcing services, including social insurance procedures and labor management. For more information, please see the “Human Resources/Labor Management/Payroll Outsourcing” service page.
CONTACT
Phone call inquiry
Business hours 10:00~18:00
E-mail inquiry