Analytix Solutions announces its next FREE webinar on “Check-in to our Suite: Accounting Solutions for the Hotel Industry” on Dec. 22

Dec. 2, 2010 Woburn, MA – Analytix Solutions announced that its free webinar for the month of Dec. will take place on the 22^nd from 5:30-6:30 PM EST. This FREE webinar is titled “Check-in to our Suite: Accounting Solutions for the Hotel Industry” and will presented by Satish Patel, CPA, founder of Analytix Solutions, a leading bookkeeping, accounting and CFO-level service company working for small and mid-sized companies.

Key highlights of the presentation:

1. Smart practices for managing your finance department
2. Emerging trends and technologies impacting financial management
3. Measuring the health of your business: tracking key performance indicators
4. Re-evaluating the needs of your finance department\
5. Client Case Study – Arena Sports

Analytix Solutions, a one-stop accounting and bookkeeping company, has been conducting free webinars in its endeavor to create a direct platform for interaction between accounting experts and hotel Industry participants. With the tips and tools given in these online accounting meetings, hotel Industry participants can overcome accounting and financial management problems and improve efficiency.

Further information about this webinar can be found on http://www.analytixsolutions.com/webinars/hotel-webinar-dec2010.asp

Interested attendees can register for the accounting webinar on http://www.analytixsolutions.com/webinars/register-webinars.asp

Check past webinars by Analytix Solutions.

Analytix Solutions announces its next FREE webinar on “Stepping-up your Accounting? How to score an Accounting Home Run” on Dec. 22

Dec. 2, 2010 Woburn, MA – Analytix Solutions announced that its free webinar for the month of Dec. will take place on the 22^nd from 4-5 PM EST. This FREE webinar is titled “Stepping-up your Accounting? How to score an Accounting Home Run” and will presented by Satish Patel, CPA, founder of Analytix Solutions, a leading bookkeeping, accounting and CFO-level service company working for small and mid-sized companies.

Key highlights of the presentation:

1. Smart practices for managing your finance department
   
2. Emerging trends and technologies impacting financial management
   
3. Measuring the health of your business: tracking key performance indicators
   
4. Re-evaluating the needs of your finance department
   
5. Client Case Study – Arena Sports

Analytix Solutions, a one-stop accounting and bookkeeping company, has been conducting free webinars in its endeavor to create a direct platform for interaction between accounting experts and indoor sporting facility industry players. With the tips and tools given in these online accounting meetings, sport industry players can overcome accounting and financial management problems and improve efficiency.

Further information about this webinar can be found on http://www.analytixsolutions.com/webinars/indoor-sports-webinar-dec2010.asp

Interested attendees can register for the accounting webinar on http://www.analytixsolutions.com/webinars/register-webinars.asp

Check past webinars by Analytix Solution.

Outsourcing bookkeeping: Is it the right decision for your business?

To outsource or not to outsource bookkeeping is the question today for a lot of businesses. With the focus on saving costs in the tough economy we have today, a lot of businesses are turning to outsourcing for their non-core activities like bookkeeping and accounting. While most trust a bookkeeping service provider to maintain their books of accounts efficiently, some are still in the dilemma of whether to outsource bookkeeping or not. If you are one of those business owners still doubting the feasibility of outsourcing your financial functions, read on.

Most business owners are not experts in accounting and bookkeeping and hence find tasks related to their business finance cumbersome and tedious. Moreover, as they are not experts in bookkeeping, they might end up making mistakes which might affect the business bottom line. Hiring in-house staff becomes an expensive option, with payments related to office space and bonuses eating up business profits. In such a situation, outsourcing bookkeeping to a professional firm may be the best decision a business owner can make.

Some reasons you can outsource bookkeeping to an experienced bookkeeping firm are:

1. Many businesses like restaurants operate on very thin profit margins. A single error in their books of accounts can mess up a lot of their business functionality. When you select an online accounting bookkeeping firm, you are handing over all your bookkeeping functions to experienced professionals. You can hence outsource bookkeeping and then quit worrying about mistakes in your finances, knowing that a professional is taking care of them. You can also ensure that your bookkeeping is being done correctly by having 24/7 access to your books.



2. There are a lot of firms to which you can outsource bookkeeping functions to. Such fierce competition has resulted in online accounting bookkeeping services being available at very low rates, which saves significant costs to small and mid-sized businesses. It is also easier to find out the most reputable and experienced service provider by asking current clients of the bookkeeping firm in question and inquiring about the firm's reputation in general. The costs which are saved through outsourcing bookkeeping can then be re-invested into the business for expansion or diversification.



3. Outsourcing bookkeeping functions to a professional bookkeeping firm ensures that your books are up-to-date at any given period of time. With such impeccable financial records, you can take strategic decisions with ease. Such updated records also give the true financial picture of your business, so you can run it efficiently.

As a business owner, the decision to outsource bookkeeping will benefit you the most. You can save costs as well as get your non-core work done without spending time on it personally. Just look for a reputable bookkeeping firm, and outsourcing bookkeeping will work well for you.