superbcompaniesGet Listed

Top Bookkeeping Companies 2021

Nowadays, especially because of the quarantine, the issue of optimizing internal processes became particularly important for every business. To stay afloat and not lose profit, many entrepreneurs began to give preference to outsourcing non-core functions to fully devote themselves to the key areas of the company's work.

Bookkeeping companies - is an opportunity to engage in their core business, sales, without distraction, and without spending a lot of time and resources on search, maintenance, and staff accountants' motivation, which are often loaded by 60%. Thus, we can safely state a proven fact that outsourcing of bookkeeping services is one of the most demanded areas of business process outsourcing.

The best bookkeeping companies can save you a ton of time and effort. Here is a list of top bookkeeping companies in 2020. Find out which bookkeeping services we recommend.

Top Bookkeepers | The Best Bookkeeping Services

List of the top bookkeeping companies

LYFE Marketing is a social media marketing agency. We offer social media management, social media advertising, PPC management, and search engine optimization services. We use the most relevant social media marketing strategies to help businesses grow and meet goals. Some highlights of our work include:

Rates
$50 - $99 / hr
Employees
10 - 49
Founded
2011
Country
United States

Max BPO is a leading business process outsourcing and call center service company.

MAX BPO provides valuable services like Call Center Services, Data Management Services, Debt Collection, Logistic BPO, E-Commerce Catalog Management, Healthcare BPO Services, Finance & Accounting, Digital Publishing Services and other valuable services.

We are serving the following industries around the globe to our valuable clients

Banking & Finance, Healthcare, Insurance, Manufacturing, Travel & Hospitality, Automotive, Energy and utilities, Logistics, Publishing, Retail & Consumer, Telecommunication and many more.

Founded in 1997 and having satisfied clients across 4 continents and 30+ countries. ISO certified and a HIPAA compliant. Have a successful track record of 100+ clients under 8 domains and more than 50 subdomains.

We have a team of experienced professionals providing valuables services to startups, mid-size companies, large enterprises and fortune 500 companies in countries like USA, UK, Canada, Germany, Australia and other part of globe.

Rates
< $25 / hr
Employees
150 - 199
Founded
1996
Country
United States; Canada; India
We are a professional data management firm that allows you the best time and data management systems for your business. We are dedicated to offering you the best prices and timely service according to your business needs. We are here to make your business do better and be more efficient by reducing your overhead cost of running administrative duties. Strong Vision Data Processing is dedicated to the proficient need and use based system for data management. We come with years of professional experience in data processing. We have worked with various companies across the world.
Rates
< $25 / hr
Employees
10 - 49
Founded
2016
Country
India
Founded in 1976 by Jack Revel, TravCom Inc. was one of the first companies together with IBM to develop an interface for the SABRE IUR (Semi Automated Business Research Environment). Our products, solutions and services are deployed throughout the world and we have been very successful in providing solutions to both large scale and small to medium size enterprise businesses, notably Travel Management Companies. TravCom currently serves over 1,400 customers, in access of 10,000 users throughout the world with 3 support centers, based in the United States, Canada and the United Kingdom. The company has a highly experienced team who has extensive travel and technology experience, committed to enhancing the capabilities of existing systems and delivering an effective and seamless support infrastructure.
Rates
< $25 / hr
Employees
50 - 249
Founded
1975
Country
United States; United Kingdom
Headquartered in Gilbert, Arizona - We are a USA Based international BPO with centers in the US, Phillipines, Costa Rica, and Dominican Republic. We specialize in companies that are looking for small teams to augment their staff in the US, Canada, UK, Australia, and Europe for their first outsourcing project. We work with startups, SMB's, and medium businesses that are looking to outsource for the first time and need a "white glove" experience. As a telecom integrator, we are especial ly skilled at creating a complete seamless customer experience via complex IT, PBX, and Virtual networks in order for your company to have a global presence of large companies, but small and flexible as a startup. At Unity Communications - we help all of our clients exceed their mission goals by allowing their core staff to focus on what makes them special and leaders in their industries.
Rates
< $25 / hr
Employees
250 - 999
Founded
2009
Country
United States; Philippines; Costa Rica
Get Listed
Please, send us your contact details for feature listing

We'll never share your email.

And as bookkeeping services have recently become more and more popular, more specialized companies offer their services. 

What to pay attention to when choosing a bookkeeping company

1. Pay attention to the fame and reputation of the bookkeeping company

Outsourcing of bookkeeping services did not appear yesterday, so those companies that could prove themselves as professional performers have already done this over the past years. 

The quality of any service, including book keeping services, is not always easy to estimate at the first sign, so check the feedback from past or existing clients. Availability on the website of a bookkeeping company of feedback, professional ratings, and also recommendations of acquaintances, information from mass media and other sources is always a bonus in favor of a particular outsourcer.

2. Find out whether it is possible to get the test period of rendering bookkeeping services

Well-known and well-established companies often offer their potential clients a trial period (e.g., a month) during which you can assess how bookkeeping services are actually delivered. This opportunity is a good sign that the outsourcing firm is confident in the quality of its services.

3. Ask for a draft contract for accounting bookkeeping service for review

It is advisable to read the contract's text in detail before signing, so ask the bookkeeping agency to send it to your post office.

4. Check if the bookkeeping company guarantees confidentiality

Accounting services must meet a large list of requirements, and one of the most important is confidentiality. 

5. Ask how an account is formed for the bookkeeping services provided

It is all because saving expenses on accounting services is one of the key criteria that encourages clients to apply to outsource companies. 

A flexible pricing system is an advantage of bookkeeping companies. Good bookkeepers can offer you different price rates depending on a number of factors: the number of business operations, the selected tax regime, the number of employees, the need to maintain primary documentation, the calendar of your reporting, etc.  

The invoice should clearly indicate which bookkeeping services were performed and how much you pay for them. If the bookkeeping company is interested in you as a client, it will offer you the most suitable option for you.

6. Find out what services the bookkeeping company provides

Bookkeeping services are not limited only to keeping records and submitting reports

7. Make sure that the bookkeeping company's employees are highly professional

Bookkeeping companies must have a highly professional staff. They can be both universal and highly specialized employees with more than one year of experience. Good bookkeeping firms are proud of their employees' qualifications to confirm the availability of professional diplomas, certificates, etc. By the way, if you prefer to have in-house accounting bookkeepers, the cost of improving their skills often falls on the owner of the business.

By outsourcing bookkeeping, you will not be engaged in daily control (as it often has to do with in-house bookkeepers). As a customer, you are dealing with a company, not with a particular professional. When one specialist starts your bookkeeping, you will not notice his departure on vacation or sick leave because there is always another qualified employee who will replace him.

8. Find out if you can get online access to your bookkeeping

Modern computer technologies have long been used to provide accounting services. This is not just convenience for an accountant or client, but mostly today's requirement.

To sum up, when choosing a bookkeeping company, you should be sure of the following points:

  • The bookkeeping company should be known to a wide range of clients and has a good reputation.
  • The bookkeeping company is ready to provide you with a trial period of book keeping services.
  • You can read the draft contract for bookkeeping services in detail in advance.
  • The bookkeeping company guarantees confidentiality.
  • The bookkeeping company must confirm the high professionalism of its employees.
  • You should have an opportunity to get online access to your bookkeeping at any time.

The main advantages of outsourcing bookkeeping functions to a bookkeeping company:

  1. Cost reduction: as a rule, outsourced bookkeepers will cost less than hiring an in-house employee. The total cost of bookkeeping outsourcing is 40-60% lower than the cost of maintaining an in-house employee on the company's staff. 
  2. Quality of service and reliability: a bookkeeping outsourcing company usually has a staff of qualified employees. Employees of such bookkeepers companies are constantly undergoing specialized education, attend seminars, have access to specialized portals.
  3. No absence of sick leave and vacations: a specialized outsourcing company usually guarantees well-performed work regardless of employees' personal situations.
  4. Insured tax risks: unlike a hired bookkeepers, a specialized bookkeeping company bear full financial and legal responsibility and provide documented guarantees of damage compensation in case of accounting mistakes made with the fault of an accounting outsourcing company.
  5. Assistance in solving related tasks: specialized outsourcing companies, as a rule, provide a wide range of services, not limited to accounting only. In one place, you can solve other issues related to doing business, such as legal, financial.

Hiring a bookkeeping company, the clients, together with the transfer of certain accounting functions, shifts responsibility for the outsourcer's work results.

You also get good savings for business at:

  • training of bookkeepers;
  • on software;
  • on the arrangement of the workplace.

Ideally, the outsourcing company is very attentive to the personnel selection; accordingly, the quality level of work is often higher than the in-house accounting bookkeepers can.   

Outsourced bookkeeping vs in-house bookkeepers: what is better and cheaper

There is no answer to this question. There are advantages in outsourcing as well as in the staff accountant. Everything depends on the tasks to be performed.

Some companies usually choose an in-house bookkeeper. They are always in place and can combine the functions of a lawyer, HR, or even office manager—outsourcing for them as an additional function that costs money. Therefore, many managers are more used to having a bookkeeper in their office.

Other companies usually go either to an outsourcing bookkeeping company or take a bookkeeper to a remote location. A staff bookkeeper is quite expensive, and not everyone can afford it at the initial stage of starting a business.

Updated: November 26th 2020