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Frequently Asked Questions
1. What is outsourcing?
Outsourcing is hiring outside individuals or companies to do a job previously performed by in-house employees. Bookkeeping, accounting, payroll, and financial analysis and reporting are among the jobs most often outsourced, and Global Synergies Group specializes in these services.
2. What are the benefits of outsourcing?
Saving money in the main reason businesses across the globe are turning to outsourcing. As any business manager or CEO knows, recruiting, training, and retaining full-time accountants and bookkeepers is a costly proposition. By outsourcing, a company gains the same services at a fraction of the cost.
But money is not the only reason for outsourcing. Recruiting, training, and supervising in-house employees also takes timeótime that could be spent focusing on the companyís core operations.
And, finally, outsourcing allows access to top-notch accountants that many businesses could not otherwise afford.
3. Isnít outsourcing only for big companies?
Not at all. In fact, Global Synergies Group specializes in offering personalized services to small businesses. By using our companyís services, a small business gains access to expertise it could not otherwise afford.
4. How do I determine if my company needs to outsource?
Ask yourself the following questions:
Do I have all the accounting expertise on staff that my business requires?
Can I afford the level of expertise I need?
Can I afford to provide my accounting department state-of-the-art technologies needed to ensure accuracy and efficiency?
Are my personnel costs as low as possible?
Am I paying more than my competitors for the same services?
Am I spending the time and energy necessary to make my business grow?
Are my employees familiar with government requirements in all the countries and provinces in which we operate?
If the answer to any of these questions is no, you may want to consider outsourcing.
5. If I decide to outsource, why is Global Synergies Group the best choice for my business?
Experts agree that, in order for a business to benefit from outsourcing, the client and the outsourcing company must become partners who share the same goals. The outsourcing company must understand the clientís needs and requirements and make a commitment to meet them. And most of all, the outsourcing company must make sure that the client businessóno matter how smallóis always top priority.
These are the areas in which Global Synergies Group excels. We outperform larger, multi-national outsourcing companies because we offer whatever specialized services your business may need, we listen to your concerns, we meet your deadlines, and we are committed to your success.
Globalís experience and expertise in foreign accounting policies ensure seamless interaction with U.S.- and European-based headquarters.
We understand the corporate environment and the needs and responsibilities of multi-national corporations. We are experienced in meeting government requirements in all the countries and provinces in which we offer our services. We respond swiftly in a crisis and supply numbers, reports, and analyses when called upon by a client company. We can handle any administrative projects our clients might request, and we know how to intercede and coordinate with all parties involved.
The bottom line is this: No matter what crisis your company might face, no matter what need might arise, Global Synergies Group has the expertise and the commitment to handle it.
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