Online Bookkeeping Services vs. Offshore Solutions

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Online bookkeeping services have become extremely popular over the past ten years.  There are several reasons for this, the largest being the cost savings.  If you've ever shopped around for a good online bookkeeper, then you've probably come across a lot of different options.  

In today's post, I want to make sure you get an online bookkeeping service that will be able to do a good job for you.  In doing so, we need to point out how offshoring has become a way to keep those costs low. 

How can some online bookkeeping servcies charge so little?

A lot of people will ask my why some solutions are able to charge $6 to $8 an hour.  The reason is that they offshore your account.  If you think about it, what kind of work can you honestly expect for that hourly rate?  I find it frustrating that some of these firms charge so little and end up hurting their clients.  We have a lot of businesses come to us after using these "affordable" services.  When they do get to us, their books are months behind, they have IRS tax problems, and cash is all but dried up. 

That's not to say that people across the ocean aren't capable of doing a good job.  In fact, they're extremely smart.  However, is it possible for them to really be up-to-date on your local tax laws, bookkeeping requirements, and more. It's also difficult becuase they're usually awake when you're asleep and vice-versa so getting your questions answered can take awhile.  In the world of finance, you can't wait that long sometimes. That's why its nice to use local, professinoally trained online bookkeeping services like Ignite Spot.  

Are you good fit for a company like Ignite Spot?

Maybe.  Because we're an American company that keeps all of our work in-house and never offshores, we aren't a good fit for people who want extremtly cheap service. Our fees start at $500 a month, and our clients generate an average of $1 million to $10 million in annual revenues.

We don't try to compete with the $6 to $8 an hour guys because we value our time and know what it takes to do a great job for our clients.  We believe in having highly skilled people working on your account and making sure they have enough time to respond to your needs, your customers, your vendors and more.  

We're extremely passionate about customer service, powerful accounting systems, and your business.  If you haven't got our pricing yet, feel free to click the button below to get a copy to see if we would be a good fit for your company.