Many CEOs and owners rely on in-house bookkeeping and accounting to receive their financial statements each month because it’s what they’re used to. However, with technology advancements in recent years, traditional is not always best when it comes to managing your company’s financial standing.

In-house and outsourced services offer different workflows when managing the bookkeeping and accounting for your company. While we understand that outsourced bookkeeping and accounting is not right for every business, if it does fit your business’s needs, it can often cost less and provide more expertise than a traditional in-house accounting department. Below we outline a few differences between what in-house and outsourced bookkeeping and accounting services can offer your business.