What is an outsourced online accounting service?
Accountants Newcastle uses the power of the internet to provide you with online accounting services. The technical term for this service is ASP or Application Service Provider. By using ASP services, your company experiences the convenience of accessing information 24/7 on a secure network server, anywhere with an internet connection.
How can an outsourced accounting department help me manage my business?
By outsourcing your accounting position(s), your company can avoid going through the hiring process and losing valuable time and money training its bookkeepers, accountants, or financial controller. If you’re doing your own bookkeeping, then you finally have time to focus on other aspects of growing your business. You’ll be able to make informed decisions based on more than just your cash balance at the bank.
How do I access my accounting documents?
Accountants Newcastle is your application service provider (ASP) where your data files and accounting software are stored. At any time, from any internet-accessible computer, you can use your password to access your accounting records. This is the same process and technology your bank, medical record keeper, and IRS use to access and process information. Your files are always up to date and always correct. Your data is secure, and our servers are reliable, with 100% backup running in real-time.
What about security?
This is one of our favorite questions. If you’re like most of us, your accounting records are sitting in an unlocked filing cabinet or, worse, on someone’s desk. This is what we call poor security. Accountants Newcastle uses the same level of encryption that major banks use. You can rest assured that you only have privacy over your most important data.
Why outsource my accounting department?
Let an expert do the work of an expert. If you’re like most business owners and CEOs, you take great pride in the services or products your company offers. You want to focus your time and energy on business strategy and goals. Outsourcing the accounting department to a dedicated, professional, professional services firm allows you to do exactly that. By outsourcing your accounting work to Accountants Newcastle, you’ll save valuable time in your day, reduce operational costs, and gain peace of mind.
Won’t I lose control if an external service makes the book?
Short answer: No. You have more control because you’ll have accurate, up-to-date financial reports. You’ll have more time and money to plan instead of just reacting to business events.
Who owns my data?
With a hosted ASP like the one used at Accountants Newcastle, you own your data files and can download them back to your local computer if you discontinue the service.
Who controls the money and makes the decisions?
You have 100% complete control over all funds and decisions on how to use or invest them. You decide which individuals and providers get paid. We provide the data, but you approve all the bills for payment and sign all the checks.
Can others access my data?
No one can access your data without your company’s express permission. Our ASP is unusually long when it comes to security measures. Accountants Newcastle can provide greater security than many companies would have if the software and hardware were housed. Your data is backed up in real-time to a secure offsite backup facility. In addition, the facility’s power supply is connected to a backup generator for protection in the event of a power outage. How many of us have computers with this type of system and security in our offices?
