OUTSOURCED ACCOUNTING AND
BOOKKEEPING

Outsourced Accounting in Dubai

Outsourcing an accounting or HR function in Dubai may seem like a strange concept to many small business owners in the UAE, as conventional wisdom dictates that an organisation should always perform all functions in-house, wherever possible. However, modern schools of management suggest that growing businesses actually benefit far more by focusing on their core competency and outsourcing ancillary functions at a lower cost.

Therefore if you are a sales-based organisation, you would ensure that marketing and sales are all done in-house, but ancillary functions such as accounting, HR and legal are outsourced. The benefits from this approach can be manifold:

1. Allow your team to focus on their core competencies: Time spent on other tasks is time taken away from their core competency, in cases where employees are used for functions outside their primary role/
2. Provide your Organisation with greater flexibility: Outsourcing allows you to hire team members based on seasonal requirements, instead of being saddled with an added annual cost.
3. Save on overheads: When you outsource these functions instead of hiring an additional employee, you save on overheads such as sick days, leave and visa costs.
4. Allows for greater expertise: Outsourcing these functions allows you to bring in experts with a wealth of experience, who may have otherwise been beyond your organisation’s budget.

Affiniax Partners offers several models for companies to outsource their accounting, such as:

1. Outsource Bookkeeping
2. Deputed Accountant
3. Outsourced Financial Manager
4. Outsourced CFO
5. Payroll Services

In order to learn more about one of the specific models, please click on the link or get in touch with us.