Challenges Faced by SMEs
If your answer to the questions below is 'Yes,' you should rely on our company to help you overcome these challenges.

High Recruitment Costs
Hiring an accountant or a full-time accounting department requires paying salaries & other benefits such as health insurance and other allowances, which increases the financial burden on companies.

Continuous Update Requirements
Accounting standards are constantly changing, which means that companies need to invest time and resources in continuously training their accountants to keep them updated on the latest standards.

Lack of Skills and Expertise
Some markets suffer from a shortage of experienced and qualified accountants, making the process of finding the right employee difficult and time-consuming.

Limited Flexibility
Permanent accountants may not provide the necessary flexibility to meet changing or seasonal business needs, prompting companies to consider alternative solutions such as outsourcing.

Difficulty Retaining Top Employees
Accounting standards are constantly changing, which means that companies need to invest time and resources in continuously training their accountants to keep them updated on the latest standards.

Reduced Focus on
Core Business Activities
Hiring full-time accountants consumes significant time and effort from support functions that could be invested in other activities more important for growth and development.