The term “outsourcing” comes from the English language and is an abbreviation of the phrase “outside-resource-using”, which means the use of external resources. Outsourcing involves delegating tasks, functions, projects and processes to be performed by an external company.
There are two main types of the outsourcing: external, or contractual and internal, or capital.
Contract outsourcing, also known as external outsourcing, involves assigning specific tasks like accounting processes or functions to an external company based on a signed agreement. Under such outsourcing, the company orders the implementation of a specific process or project, and the contractor undertakes to implement it in accordance with the agreed terms. It can concern various areas of activity, such as IT, accounting support, marketing or customer service.
Internal outsourcing, also known as capital or business process outsourcing, involves entrusting specific functions or tasks to another organizational unit within the same company or capital group. In practice, this means that the company creates an internal unit – accounting department, team or subsidiary that takes over responsibility for specific processes that were previously performed directly by the main organization.
Outsourcing accounting, as a part of external outsourcing, is a flexible solution that allows companies to focus on their core business, leaving financial services to professional experts in accounting firms. As part of this service, they offer comprehensive support in the field of bookkeeping, financial reporting and related duties. Accounting outsourcing in Poland has many benefits, especially for businesses looking to reduce operating costs and gain access to specialized expertise.
Outsourcing financial accounting services to an external company allows you to save on costs related to hiring employees, renting additional office space or purchasing specialist software. Outsourcing companies often use efficient systems, which also reduces costs. Companies using external accounting firms can also focus on the main goals of the business.
By outsourced accounting services, the company can focus on its main tasks, such as product development, marketing or sales, instead of spending time and resources on accounting and tax matters.
Outsourcing accounting companies employ experts in the field of tax law, finance and accounting who are up to date with changing regulations – in particular those in force in Poland. Thanks to this, the company is sure that its settlements are in accordance with applicable law comprehensive accounting, and standards. The above also results in a reduction of risk of errors
Professional accounting firms, providing accounting services have systems and procedures that minimize the risk of accounting office making errors in calculations or tax settlements. Thanks to this, the company avoids potential penalties and interest related to errors in settlements or tax accounting.
To sum up, outsourcing accounting in Poland is an effective tool that can help companies reduce costs, improve efficiency and compliance with polish regulations, and also allow them to focus on their core business areas – in and outside of Poland. Choose reliable partner with certified accountants. GLC accounting experts, thanks to their many years of experience, will provide your company with comprehensive accounting outsourcing services.
She started her career at GLC five years ago as an intern in the legal department. Currently, as a legal advisor, she mainly deals with corporate topics. On a daily basis, she supports entrepreneurs in their day-to-day operations.
