One stop solution for all your accounting needs
Outsource your complete accounting with our team so that you can focus more on your core business activity and growth
What we do
We take away your load to maintain accounts so that you can focus more on your core!
Our in-house team is structured just like yours and is focused on meeting all the accounting needs. You can manage your business worry-free with the assurance that your accounts are closed monthly with the highest accuracy.
Gre-Fin is a team led by qualified Chartered Accountants and CPAs.
Our expertise helps you find more time to build, scale, and grow your business.
Our Key Beliefs
What you get
Software that we work with
What are the 5 benefits of accounting outsourcing services?
- Cost Savings: Outsourcing eliminates the need for in-house staff, reducing salaries, benefits, and infrastructure expenses.
- Expertise Access: Gain access to specialized accounting professionals and advanced financial tools.
- Focus on Core Business: Allows your team to concentrate on core activities while professionals handle financial tasks.
- Scalability: Easily adjust services to match business needs, whether expanding or streamlining operations.
- Risk Mitigation: Professionals handle regulatory compliance, reducing the risk of financial errors and penalties.
Why do some small companies choose to outsource bookkeeping and HR functions?
Small businesses typically outsource bookkeeping, receivables and payables management to accounting firms in order to be cost-effective compared to hiring in-house accountants. Furthermore, HR functions such as payroll and health insurance outsourcing are considered beneficial for smooth operations.
What is an example of outsourcing in accounting?
An example of outsourcing in accounting is when a company or a firm hires an external agency such as Gre-Fin to manage tasks like bookkeeping, payroll processing, and operations. This strategic move allows the company to leverage the expertise of accounting professionals without the need for an in-house team.
Can you outsource an accountant?
Yes, outsourcing accounting services is a useful solution. It removes the need for an in-house accounting department, saving on salaries, advantages, and infrastructure prices. Many organizations find this technique efficient for streamlining operations whilst benefiting from professional expertise.
Is it good to outsource accounting?
Yes, outsourcing accounting is beneficial because it helps avoid the cost of hiring, training and managing in-house accounting teams. It eliminates the costs associated with purchasing and maintaining accounting software, hardware, and employee benefits. This is especially beneficial for small, cash-strapped businesses looking for cost-effective financing solutions.
Should I outsource my accounting?
Yes, you can outsource accounting as it provides specialized expertise through highly trained accountants and finance professionals employed by outsourcing companies. This allows your company to benefit from core financial services and focus on core business activities.
Is it cheaper to outsource accounting?
Yes, account outsourcing can often be more cost-effective for businesses. Outsourcing allows you to eliminate the need for in-house staff, office space, and the associated costs of running the business. Additionally, outsourcers can operate in areas where labor costs are lower, resulting in potential savings. However, it is important to weigh cost savings against factors such as service quality, data security and communication efficiency when deciding to outsource accounting functions. Send a message to us to get started.