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It is a big debate among accountancy practices in USA, UK and Canada. The common assumption is to reduce manpower cost so practice can be more profitable, but this is a dead issue among larger number of smaller and midsized practices.
Objective of outsourcing is to make your business profitable. During this recession time when practices are losing customers and existing customer are renegotiating the fees charges , It is virtually impossible to charge less fees (to retain the customer) and still operates on same profit percentage .
NDCL team is experienced enough to understand this issue and planned specialized solutions for small and midsized firms using various range of practice management and Back Office services. Our objective is that your office should not spend more than 28% of revenue you earn from your client thus makes every customer profitable for your firm.
Second most important issue in outsourcing is directly related to growth of firm. It is like chicken and egg story. When you grow you need more manpower and you can grow only if you have that manpower. This issues is faced by all growing firms and if outsourcing options are not used it will result in to recruiting more people at wrong time or slow growth as in absence of manpower partners need to complete the work resulting in more time loss which can be used in business development .
At NDCL you get trained qualified manpower engaged on “as and when basis” , so you need not worry about your growth as your backoffice is ready and gear up to take any volume .To know more about how outsourcing can benefit you, please contact.
