Offshoring accounting roles is a proven way to achieve business growth. It’s a mature market that is yet to be fully embraced by small to medium accounting firms. Staff Domain carefully selects talented, experienced and dedicated Finance and Accounting personnel to match the skill sets required. We’ll be with you every step of the way as you find accounts payable officers, forensic accountants, trust accountants and more.
“We chose the team at Staff Domain to help us embark on this journey because of their deep understanding of accounting firms and the breadth of support services they could offer. Support and guidance was important to us as we had no previous offshoring experience. Staff Domain has delivered in spades.”
Arthur Leuchter, Principal
Sullivans Business Advisory Coogee
Trust accounting services require specific training on trust accounts and taxes. This specialised position is in great demand locally so if you’re on our website, chances are you can’t find the right person or can’t afford the high salary.
Offshore Accounting Services is a good solution to the trust accountant talent gap. It has brought countless benefits to thousands of small and medium accounting firms in Australia and New Zealand. In the past decade, the number of SMBs sending work across borders has increased significantly due to the positive experience of larger, more established firms in this space.
Specialised positions like certified forensic accountant, are often the hardest ones to fill, due to a shortage in skills. Not just in Australia and New Zealand, but many other developed countries.
The Australian Department of Jobs and Small Business reported a continued shortage in Accounting professionals from 2017 to 2018. On average, 14 accountants applied for one job opening, but the majority of them were considered unsuitable.
Skilled, highly-qualified and affordable finance professionals are within reach of small and medium accounting firms thanks to accountant outsourcing.
Staff Domain believes that Filipino accountants are among the best in the world. They are also exceptionally good at working with foreign clients. The presence of major Australian accounting firms in the Philippines, such as Ernst & Young and KPMG, has created a talent pool of experienced resources for offshore small business accounting tasks.
Accounts receivable outsourcing is a cost-effective way to improve your cash flow. Invoice on time and do away with the repetitive and often uncomfortable need to chase clients for money by adopting accounts receivable management services from Staff Domain.
Cash flow is king in any business, but especially small to medium businesses where effective accounts receivable management is critical. Slow payments choke businesses and hinder the ability to grow or invest. The trick is finding someone who can collect on invoices firmly without straining the customer relationship.
Accounts payable may be taking up too much of your accountant’s time. Perhaps you have already identified you need a full-time staff member in that position. Regardless of your circumstance, by turning to an accounts payable outsourcing solution, you’re going to see positive change in your business.
By offshoring small business bookkeeping tasks like accounts payables, you can have a talented employee focusing full time on your cash flow. Don’t just pay bills, have them planned out, supplier relationships effectively managed and your money trail clear, and clean.
For a small to medium accounting firm or a department of a similar size – payroll is a big task and often a drain on accounting staff. Whether that be managing timesheets, the preparation of pay slips, group certificates, salary payments, super management or leave accruals.
All payroll tasks can be conducted by a fulltime offshore payroll employee that you choose, and you manage.
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Offshoring in 2020: Year in Review
Offshoring Research Webinar
Hear on-demand research analysis directly from the researchers behind Bond University’s ‘Offshoring of Accounting Services in Australia’ report. Listen to anecdotal stories from Aussie accounting SMEs who took part in the Offshoring Research, as you get views and guidance from an offshoring expert.
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It took quick thinking and moving, but it was the team effort that made our Work From Home roll out a success. Within 24 hours, all staff were set to be 100% productive (and most importantly safe) from home. Much to the delight of our supportive clients.
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