There’s no exact definition of outsourcing

We often have customers calling in to say they are 
not outsourcing due to a fear of losing control. This article
 is written with the purpose of informing smaller companies 
that it is not necessary to outsource everything. It is possible 
to outsource elements. We will list a few options below:




Debtor Management
Many companies have the experience of customers owing them money. If you do not reach out to the customers for the missing payment, your company is in danger of a negative liquidity. In that case you always have the option to choose outsourcing the debtor management function. Larsen Finance & Administration is expertly qualified to take care of such matters. We will make sure the customers receive their invoices and get the charge added to the reminder. This way of handling bookkeeping can be important for your company’s liquidity, and the manner in which it is done is important for maintaining solid business relationships. Larsen Finance & Administration’s expertise and personal touch can make a big difference for your company.


Creditor
If your company has several creditors, it can be a difficult task to balance the bookkeeping so it matches the supplier. We offer services to control the creditor module. Larsen Finance & Administration has systems which outline and optimize the handling of the creditors. With these systems you will have total control of missing payments. We are available to help you and your company get the payments ready in the bank. All you will have to do is approve the payments and thereafter they run by themselves. We are experienced in negotiating payment conditions, which we will do to make your company’s money stay in your own account for as long as possible.  


Salary
Even if you do your bookkeeping yourself, you might run in to obstacles. This could be issues according to compulsory elements such as pension. Likewise, it can be tricky to ensure the correct hours are registered. In Larsen Finance & Administration we have a lot of expertise running salary reports – both big and smaller ones. We have the capacity to cater to all your needs according to salary and help optimize how you collect and count the hours. When we have established and run the salary payments for a month, we will provide a comprehensive bookkeeping file for your records.

 
Bookkeeping
When you do your bookkeeping it is important to be aware that when the month or the year is over, there are still a number of elements which have to be controlled. This includes communication with the bank, assets, depreciations, balances, loss on debtors and to make sure the VAT is running correctly. Larsen Finance & Administration can take expert care of these matters. All this and we will ensure the bookkeeping is set up and ready for the next reporting or revision.


The Start-up Stage
If you want to run the bookkeeping yourself but want help with some elements such as economy system, configuration of inspection plan, configuration of codes for VAT and salary: we are able to help you out. We will make sure your company has a perfect setup that makes the rest of the bookkeeping run smoothly. Any duties you would like help with, just let us know.


We want to find the best solution for your company. Your success is our success.



Written by: Camilla Michelle Mikkelsen

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