Outsourcing Case-Study

OUTSOURCING CASE STUDY

We can help you save thousands of dollars off your accounting department overhead? Let us share a real-life example with you:

One of our clients with $750,000 in revenues and 2 full time employees to run their administrative and accounting department functions. The Admin Assistant makes $33,600 and the in-house Accountant makes $55,760 a year, benefits included. The owner did not perceive value from the services he was receiving from the in-house employees. Accountiviti were invited to provide a cost effective solution for the Company. Because of our Controller assessment, the following solution was implemented.

A full time Office Manager was hired to fill the administrative needs of the company and the complete accounting workload was outsourced to our firm . We assigned an outsource accountant to perform the daily transactional needs of the company and an outsource controller to perform a management-level services. Our controller helped the owner develop an annual operating budget and each month they review the budget versus actual operations.? Below is the actual savings of our assessment and recommendations:

Original Cost Structure

Base Salaries

$67,600

Payroll Taxes

$6,760

Health Insurance

$9,000

401(k)

$6,000

Current Cost

$89,360

Outsource Cost Structure

Office Manager full-time employee, taxes, Insurance and 401(k)

$33,600

Accountiviti Gold Outsourcing Plan

$24,000

$57,600

Accountiviti Cost Savings

$31,760 a year without the cost general offices expenses .

Click here to request for outsourcing assessment for your company.