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Outsourcing Blog

Home » Outsourcing Blog
Accounting Outsourcing

Disappearing Walls – Restaurants Adapt Technology to Feed the Millennial Market

Restaurant owners need to carefully look at the third-party services and pick the one that best suits their restaurant and can deliver the most significant volume of daily orders. And they should consider innovative and collaborative accounting providers, such as IQ BackOffice, to partner with them.

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October 29, 2020
Read more about the article Disappearing Walls – Restaurants Adapt Technology to Feed the Millennial Market
Accounting Outsourcing

Accounting Automation and Outsourcing – Top 5 Rookie Mistakes

Ken Johnson, IQ BackOffice, discusses mistakes he sees accounting departments make when outsourcing accounting functions to execute their strategic plan.

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October 27, 2020
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Accounting Outsourcing

Why Do Companies Choose Outsourcing?

Companies often choose to transfer recurring operational activities to an outside supplier with better technology, business processes, and lower costs to improve outcomes and maximize profits while minimizing risks.

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October 25, 2020
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Accounts Payable

What is AP Automation and Does It Work On Its Own?

AP Automation by itself, can lead to negative ROIs. The solution is to outsource the process to a reputable service provider like IQ BackOffice.

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October 20, 2020
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Accounts Payable

AP Invoice Processing – How Many Invoices Should an Accounts Payable Clerk Process?

AP Invoice Processing clerks have been benchmarked for decades. The common figure is that an AP clerk processes about 1,000 invoices per month.

1 Comment
October 11, 2020
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Payroll Outsourcing

A Closer Look at Managed Payroll and Payroll Outsourcing

Managed payroll is outsourcing the responsibility of managing in-house payroll to a third-party managed services provider like IQ BackOffice.

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October 8, 2020
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Accounts Payable

Pros and Cons of Outsourcing Accounts Payable

Outsourcing Accounts Payable with a reputable third-party company like IQ BackOffice has many benefits. There is also one important drawback to consider as well.

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October 6, 2020
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Accounting Outsourcing

Business Process Outsourcing, and a Closer Look at Accounts Payable

Business Process Outsourcing (or BPO) is simply hiring another company to perform a specific function instead of doing it yourself.

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October 3, 2020
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Accounts Payable

How Much Does Accounts Payable Automation Cost?

AP automation vendors charge based on the number of system users and/or a fee per invoice - somewhere between $1.25 and $2.00 per invoice.

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October 1, 2020
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Accounts Payable

What is Accounts Payable Automation?

In this article, we take a look at Accounts Payable Automation, its components, how it is implemented, and the drawbacks as a stand-alone solution.

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September 30, 2020
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Accounting Outsourcing

Top 7 Benefits of Accounting Automation and Outsourcing

Companies turn to outsourcing for better technology, business processes, and lower costs to improve outcomes and maximize profits while minimizing risks.

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September 28, 2020
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Accounting Outsourcing

Why Outsource Accounting? Is Accounting Automation and Outsourcing Worthwhile For Your Business?

Outsourcing accounting is generally worthwhile especially for businesses whose core-competencies fall outside of the financial and accounting disciplines.

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May 23, 2020
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Accounting Outsourcing

What is Finance and Accounting Automation and Outsourcing?

Because accounting duties include many low-value transaction-laden activities, outsourcing and automation are viable alternatives to keeping them in-house.

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May 21, 2020
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Accounting Outsourcing

How Much Does Outsourced Accounting Cost?

Outsourced accounting costs are generally lower than the cost of having the accounting function operate in-house, generally between 30-75% of current costs.

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May 20, 2020
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Accounting Outsourcing

Does Outsourcing Accounting Save Money?

Outsourcing accounting processes, for example, generally saves between 30% and 75% of current costs, while improving quality and timeliness.

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May 19, 2020
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Payroll Outsourcing

Can I Do Payroll Myself? Some Practical Advice.

Running payroll for your own business is something that can only be done successfully with a sufficient understanding of current payroll and taxation laws.

0 Comments
May 10, 2020
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Accounts Payable

What is an Accounts Payable Workflow?

A streamlined Accounts Payable workflow is essential for managing the consistency, accuracy and efficiency of each step in the process from start to finish.

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May 5, 2020
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Accounts Payable

Accounts Payable – An Underutilized Business Advantage

An efficient accounts payable process is critical to optimize working capital and measure operational efficiency for sound business decisions and planning.

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May 1, 2020
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Accounting Outsourcing

What Are the Risks of Outsourcing Accounting Processes?

There will always be potential risks in every partnership, however, the goal is to select an appropriate function for outsourcing - and the right provider.

0 Comments
April 30, 2020
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Accounting Outsourcing

How Do You Control Outsourcing?

To control outsourcing, the business will have to ensure there is sufficient communication between the business, the teams, and the outsourcing provider,

0 Comments
April 24, 2020
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