Yes, even with outsourcing, risk does remain – which is why effective due diligence should be conducted on prospecting outsourcing partners. This process shouldn’t be hurried; you should give it as much care and attention as you would an M&A or massive project. Put together a complete list of tasks you want to outsource, build an RFP (Request for Proposal) that answers all the questions you have, then research and create a shortlist of prospective partners. Look for partners in the regions you want, with the experience and the technology to produce both the reporting you need for your regulators, and the reporting your stakeholders require.
Outsourcing takes routine tasks off your shoulders, reducing your workload and freeing up time. It gives you access to a bank of professionals in a range of locations, offering your fledgling international business their local expertise and skills.
And, if you choose Auxadi as your outsourcing partner, our unique and market-leading technology provides you real-time access to the accounting, payroll and reporting of all your international locations. Backed up in the cloud and using our own fortified servers, our tech was built in partnership with Microsoft, bringing best practice to your data security. Your risk is reduced further.
Whatever the jurisdiction, with Auxadi you can be sure you’ll receive the same level of excellent service, and the same excellent output – our processes ensure it. To find out exactly how Auxadi can make your life easier, simply get in touch.