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Articles in Category: Outsourcing

 

 

Account Master Global Solution will keep you informed of the latest news and trends in the outsourcing industry.


New Age Accounting
New Age Accounting

Whenever we hear the word ‘accounting’, what always comes to mind are accountants dealing with countless figures written in columnar worksheets and manually computed with the conventional calculators or we picture them putting in all necessary formula through MS Excel. As much as every office tasks got their corresponding apps available in the Internet, various accounting softwares had come forth to make our accountants/bookkeepers’ work more efficient and easier.

Accounting data processing requires precision and mastery, and in this age working with large amount of digits can compromise the accuracy of the data in use. Computerised accounting can simplify many tasks and present apparent advantages over manually performing the accounting process. Here are some advantages of using accounting softwares:

How Outsourcing is Beneficial to Property Managers
How Outsourcing is Beneficial to Property Managers

Property managers are probably the busiest people in the real estate industry. Having a vast number of properties under their care and numerous tenants to deal with, PMs barely have enough time to manage their tasks, not to mention to take lunch breaks. This kind of working trend can eventually lead them into stress and burnout –the primary cause on why PMs leave the industry.

One of the best solutions to reduce work overload of property managers is through outsourcing of tasks. Many Australian companies had opted to outsourcing nowadays as it provide benefits like flexibility in time, access to technology, less workloads, and more importantly, less stressed employees - all for a lower cost. Outsourcing agents can serve as an extended hand for property managers, which is quite beneficial given their tight schedules.

Six Reasons Why Office-based VAs are Better Catch than Home-based VAs
Six Reasons Why Office-based VAs are Better Catch than Home-based VAs

In this era of wireless communication and the Internet, time difference and location is no longer a problem for business entities, whether big or small, to avail the services of a Virtual Assistant. Its popularity to modern organizations had driven an increase on outsource workforce to threefold as the demand for offshore services kept on rising in the recent years.

Outsourcing is a practice to which a company hires another company or an individual to perform tasks that can be done internally. Outsourcing business is constantly growing in the Philippines and India, where companies from the US, Europe and Australia seek offshore services for accounting, marketing, administrative and other tasks that can be done remotely by their virtual assistants.

There are two types of virtual assistants – the freelance contractors who mostly work at the comfort of their homes and the office-based VAs hired by an outsourcing company. Though both types deliver an excellent job in performing their tasks; however, we will look into the advantages in hiring office-based virtual assistants over home-based assistants.

Here are the five reasons why you should hire office-based VAs compared to home-based VAs:

Top 7 Signs You Should Invest in Outsourcing
Top 7 Signs You Should Invest in Outsourcing

Engaging in outsourcing is one of the best business solutions out there, especially if you’re just getting started. It benefits both of your personal or business convenience and opens up new connections and opportunities. If you’re not sure when the best time to engage in outsourcing is, we can sure tell you that today is always the best (Although yesterday would have been much better). If you still have doubts whether or not to outsource, here are the top 7 signs that might help you persuade yourself to do so: 

In the Shoes of a Virtual Assistant
In the Shoes of a Virtual Assistant

In this age of technology and innovation, some businesses nowadays no longer require physical presence to offer goods and services. As long as you have access to the internet, you can now buy and sell things online, communicate to clients from wherever, and even closing a transaction deal is just a click away.

7 Important Things You Need to Know Before Designing Your Business Logo
7 Important Things You Need to Know Before Designing Your Business Logo

So you’ve finally put up your own business or have finally reopened it. Congratulations! Now there’s just one finally touch to do – a business or company logo. Everyone says it’s actually fun making one. But you should know that creating a logo isn’t all fun and games. Sure, you need to get your artistic side on, but you have to be critical on what your logo is saying. A logo represents the whole company, what it was, is and will be. Here are 7 things you need to know before designing your business logo.

The Significance of Creative and Web Professionals in Business
The Significance of Creative and Web Professionals in Business

Over the past decade, the world wide web had been the most effective marketing strategy used by entrepreneurs. Millions of people are into social networking sites, making it the perfect tool in advertising your business. But generation nowadays is smarter when it comes to product selection – they tend to gravitate to quality advertisements. And this is where graphic and web designers come in the picture.

14 Misconceptions about Virtual Assistants
14 Misconceptions about Virtual Assistants

A lot of things in life are often covered with misconceptions to which most people often mixed them up with what is real. When people believe in misconceptions, even though these are not true, they will try their best to avoid all options that involve it. However, avoiding it due to misconceptions might cause you to miss a great deal or the right solution to your very needs. So be careful.

Tasks You can Outsource to a Virtual Assistant
Tasks You can Outsource to a Virtual Assistant

The internet is becoming so entwined on many people’s lifestyle, such as their businesses. As more people begin their own businesses, both online and offline, the need for qualified virtual assistants grow. As a business owner, your time is best spent running and expanding your business instead of getting yourself exhausted with routine tasks and growing to-do lists.

Knowing Your Chart of Accounts
Knowing Your Chart of Accounts

Bookkeeping, the process of recording, journalizing, and interpreting financial transactions, involves a great deal of analysis and comprehension in able to present the financial data accurately. In order to achieve efficiency in gathering the financial information, a bookkeeper must be well-familiar with their chart of accounts.