Whenever accounting firms utilise virtual accountants for their tasks, they seldom see the option of executing the work through their own internal processes—especially when only committing to 50 hours of service per month, which is precisely what BOSS offers its clients. In contrast, other firms typically provide an alternative by hiring a full-time employee, necessitating at least 160 hours of outsourced accounting support each month to complete tasks according to their preferred methods.
By providing BOSS with just 50 hours of work each month, Australian accounting firms can have dedicated outsourced accounting personnel performing tasks for their organisation in the same manner as an internal team would. Typically, a full-time commitment of 160 hours per month is necessary to qualify for the equivalent opportunity, since this isn’t the standard practice among outsourcing companies. However, BOSS’s latest outsourcing service transforms this dynamic entirely, making it a significant breakthrough for the Australian accounting sector as a whole.
Mr. Court, the Marketing Manager and Client Adviser at BOSS, states, “Clients are really on board with allowing outsourcing teams to handle their accounting tasks while following their internal procedures; it’s not something we needed to convince them about. The Australian firms share their processes with BOSS’ outsourced accountants, who strictly follow the client’s methods for every task performed. Additionally, having the same accountant assigned to each practice means that BOSS’ virtual accountants become familiar with the firm’s procedures and don’t have to keep relearning different processes for various clients since a dedicated staff accountant remains with each accounting practice throughout the client relationship. This approach is proving highly beneficial for everyone involved.”
While the concept of hiring an Australian virtual accounting service is no longer considered strange, the outsourcing sector strives to enhance a system that remains relatively novel. Every field has the potential to innovate its offerings, regardless of how established it may be. However, consistently improving sectors that are still in their infancy is crucial for businesses eager to stay ahead and withstand intense competition within their market. BOSS is proving itself to be one of those standout companies by continually refreshing its services for accounting firms and ensuring they remain pertinent.
About BOSS, BACK OFFICE SHARED SERVICES PTY LTD
BOSS (Back Office Shared Services Pty Ltd) was founded in 2004 to provide skilled accountants and bookkeepers on a full-time, part-time and casual basis to commercial enterprises, accounting and financial services firms in Australia.
BOSS India is a subsidiary of BOSS Australia and runs just like an ultra-modern paperless Australian public practice because the Director and Accountancy Practice Principal, Peter Vickers, has been operating his own successful Australian public practice for over twenty years.
