外包会计如何解决人员短缺问题
While the far-reaching effects of the coronavirus pandemic and disruptions to global supply chains are easing, employers continue to face ongoing staff shortages. According to data released by the American Chamber of Commerce , as many as 47 million workers will quit their jobs in 2021. Whether employees are seeking higher salaries, greater autonomy to “telework” or are driven by related supply and demand factors, vacant positions remain difficult to fill.
Taking a closer look at the data released by the American Chamber of Commerce in 2023, the financial and professional services industry is one of the top five industries with a serious shortage of employees. The accounting and business administration professions have not been spared either. Fortunately, outsourcing and automation solutions can help alleviate the difficulties these companies are currently facing, especially those financially strapped professional services companies such as construction and engineering firms.
Accounting Implications and Implications
A shortage of staff in the accounting department can quickly become a problem for the head of the company. Aside from the vitals of tracking cash flow, accounts receivable, accounts payable or standard filings, just one potential M&A deal or peak season demand can overwhelm an already understaffed accounting team.
Even if temp agencies can temporarily fill in the gaps, these outsiders are unlikely to fully understand the intricacies of the business in time to address the root causes of the company’s woes. That’s why more and more companies are considering outsourcing and automation solutions to strengthen internal accounting core business capabilities. Apps such as QuickBooks can provide small and medium businesses with a variety of intuitive, easy-to-use, and scalable features. Larger businesses might consider a platform like NetSuite for accounting automation with greater scalability and customizability.
Here are five ways outsourcing accounting and automation can help you achieve your growth goals with a leaner team:
- payroll processing
- basic bookkeeping
- accounts receivable
- accounts payable
- custom report
Influence and Enlightenment of Enterprise Management
Business administration, like general accounting and financial reporting, can benefit from automation or outsourcing to technology partners. ERP solutions can be useful in three key areas where companies are understaffed:
- Automate business processes and reduce repetitive manual work
- Resource Allocation and Optimization
- Data integration (especially cross-domain solutions)
While outsourcing and automation can help mitigate the effects of short- or long-term staffing shortages, companies still need to explore the most valuable processes and service areas.
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The Accounting Services Department of Clayway LLP can provide value-added services for a full range of key accounting functions including financial reporting, business process optimization and overall corporate planning. Please contact us to learn more about our outsourced accounting services.