Dropping Price of Small Business Bookkeeping Alarms Local Bookkeepers

Boston, MA - October 20, 2010 - Small businesses are increasingly outsourcing their bookkeeping remotely to save money, sometimes to the dismay of local bookkeepers.
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Jamaica Plain, MA (prHWY.com) November 4, 2010 - Boston, MA - October 20, 2010 - Small businesses are increasingly outsourcing their bookkeeping remotely to save money, sometimes to the dismay of local bookkeepers. It used to be that a local bookkeeper didn't need to worry too much about competition. If the local bookkeeper provided even satisfactory service, they could count on a long-term small business client.

Not true anymore. Bookkeeping is increasingly being outsourced to outfits clear across the country as small businesses attempt to save money. And the savings are significant - often 30-60% off the price of a local bookkeeper.

In addition to the savings, outsourced bookkeeping is often more reliable as well due to access to technological resources and professional teams that local bookkeepers may not enjoy.

One such outsourced bookkeeping company is HumanBookkeeping.com (1-888-994-8626), arguably one of the fastest growing small business outsourced bookkeeping companies in the U.S. The Boston-based company offers remote bookkeeping in an innovative way. Customers are given coded envelopes which they then use to send copies of their paperwork. The paperwork is scanned, optically read, human verified, and then processed by a professional bookkeeping team. By providing a double-check by machine and human, the company increases accuracy.

"Customers initially switch because of the price discount. I think they stay because we offer superior service. A local bookkeeper, even good ones as many are, is usually working alone. They simply can't compete in terms of either price or innovation because they aren't working in teams generally and don't have access to the latest technological tools," explains Aaron Eisendrath, CEO of Boston-based Human Companies, the parent company of HumanBookkeeping.com.

"It is usually just a psychological shift for small business owners as they aren't used to having the books done remotely. What they find, however, is they end up with better response times, more accurate books, and pricing that often halves their bill. Because of this, HumanBookkeeping.com is one of our fastest growing divisions," Eisendrath continued.

While HumanBookkeeping.com is unusual in the aggressiveness of its pricing and some of its innovative technological features, they aren't alone in the field - accounting outsourcing now is a $50 billion dollar industry and growing.

Much of the growth until recently, however, was from large accounting firms outsourcing accounting overseas. Recent growth has been fueled by small business outsourced bookkeeping. Firms, such as HumanBookkeeping.com, have helped fuel that growth with packages starting at less than $150 per month. As the vast majority of U.S. businesses are single operators, this market segment proves to be one that will enjoy growth for some time.

"There is simply no reason for small business owners to struggle doing their own books or paying an expensive local bookkeeper, let alone a local certified public accountant (CPA). In the case of the local CPA, there are many reasons to retain a qualified CPA but why pay those rates on simple small business bookkeeping - it's inappropriate. Just like in so many areas, the Internet has changed the field. You can now buy top-notch small business outsourced bookkeeping at a fraction of the cost," Eisendrath concluded.

HumanBookkeeping.com can be reached at 1-888-994-8626 nationwide.


For information: http://www.HumanBookkeeping.Com or
Contact: Media@HumanBookkeeping.Com
Phone: 888-994-8626

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Tag Words: business bookkeeping
Categories: Accounting

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Boston, MA - October 20, 2010 - Small businesses are increasingly outsourcing their bookkeeping remotely to save money, sometimes to the dismay of local bookkeepers.

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