It has always been common practice to hire an in-house accountant to ensure accountability and keep a close eye on the financial operations of the company. This function is so vital to any business entity from SMEs to MNCs and even non-profit organizations. Everyone needs to know where their money is coming from and where it is going to.
With new startups being created every day, accounting services can be outsourced to a professional firm like IBG for many reasons. For instance, to absorb the exorbitant costs of hiring and maintaining an in-house accountant even when you haven’t started registering sales or becoming profitable.
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Although depending on the size of your company, having an in-house team can be hugely beneficial as well. However, here are a few reasons why outsourcing accounting and bookkeeping services are good for your company.
Outsourcing lets you enjoy reduced fixed-cost. For example, less worry about full-time employee salary and high cost of maintaining an accounting software. Having fewer in-house accounting personnel also decreases the associated time and costs related to human resources, training, payroll and benefits
By allowing your accounting services to be supervised and reported by a professional expert, you are sure of accurate and timely reporting of finances handled by experts who maintain this as a primary profession. You are also assured of compliance with regulatory requirements with your financial reporting.
Ultimately, valuable time and resources are saved which can be directed at other important needs of the organization. For example, marketing and sales and staying ahead of the competition just to name a few.
Knowing what your billing cycle is with no unwanted surprised in cost changes is a huge advantage of fixed price accounting. Our packages are designed to ensure flexibility and efficiency, working with you on a 1-year contract basis. We also have trial periods of up to 6 months for those who are not sure if outsourcing has long term benefits. Our dedication and quality of service have seen those temporary contracts extend to permanent contracts.
Are you worried if outsourcing is for you? Or Are you wondering what this will entail?
We offer a free consultation during which our consultants understand your business needs in detail. We then work through with you to recommend the best package that meets your business needs with absolutely no obligations. If you can’t find what fits your business, simply contact us and we will schedule a free session with you to discuss how we can customize a package for your business.
Having advised and assisted hundreds of companies in the UAE we are not only regarded as a professional Corporate Services Provider, but premier outsourced accounting and bookkeeping provider.
By creating lean processes, we have saved our clients time and resources. Setting up takes less time so that you are up and running.
For very simple processes, we estimate an accounting and bookkeeping process set up within 24 hours. We manage and assist hundreds of companies and that number continues to grow.
We are available during business hours from 9 am to 6 pm through personal, email, or phone support.
This will include the income statement, balance sheet, bank reconciliation statement, trial balance, profit & loss statement. This includes monthly, quarterly and yearly review.
VAT registration, VAT Computing, VAT advisory
Having direct contact with us is important. Therefore, a primary point of contact who ensure your accounting and bookkeeping services are in order will be assigned to you.
You may use your in-house software or migrate to new accounting software or use our in-house software.
We offer flexible pricing and expert advice.
Our team is experienced in the UAE and understands regulatory requirements in the profession.
No hidden charges. Guaranteed fixed prices for the chosen package.
We keep it simple. No jargons you won’t understand.
We provide a dedicated account manager to ensure we are always accessible.
No tie in fees or set-up costs. Only pay the price for the chosen package and we are good to go.
I would like to thank you and the team for your great efforts to get my visa stamped today. I must say that you guys have been demonstrating a high-standard, and professional level of service since we have started working with you. We were really lucky to get connected to IBG and to deal with you.- Ahmed Abdel Moneim Gharib Intix Innovation Inspiration
I am glad I selected IBG as consultants for setting up our business. I surely recommend IBGME. They have shown professionalism and Helpfulness in every area. They did a good job. I do recommend IBG!- Ingrid Mushi HubLenses
Thank you so much Harsha and Erano, for all your support and help through the entire process. Really guys you made it so simple for us, could not have asked for more.- Hamad Gondal Irozon LLC
I found your company (IBG) an experienced, trustworthy and reliable consultant to whom one can recommend to others as well. Wish you all the best and see you again in Dubai next time. Convey my regards to your colleagues and all concerns who cooperated in the successful incorporation process.- Burhan Zoomtell7 Solutions Limited
Working with IBG was one of the most important step I have taken to ensure a successful foundation for my newly formed company. Working in the UAE, while I lived in the United States, was an insurmountable challenge. Luckily, as I was searching the internet, I saw IBG's website. This is a wonderful, trustworthy and very efficient team of professionals with excellent responsiveness and set of expertise for any business.- Dr. Nezar Falluji Salem DWC
IBG were very supportive in getting hard things done on time, and amazing people worked very hard to deliver the services and commitments professionally with clarity.- Mohammed Al-Moneer WISPER LTD
I was very pleased with the Service provided by IBG . Staff were very cooperative and even though the project was a difficult one and the Company’s name a hurdle to approve, they had patience and kept cool making it a point that they had a project to complete and complete it in Style.- Gurdip Singh Drumkin Singapore Pte Ltd