CDM Direct has officially launched its innovative Bookkeeping & Accounting As A Service (AaaS) aimed at business owners across Australia. This new service is designed to streamline financial operations, reduce costs, and provide flexibility for companies of all sizes.
Key Takeaways
- CDM Direct introduces a tailored bookkeeping and accounting service for Australian businesses.
- The service aims to reduce the high costs associated with in-house accounting staff.
- Clients can scale their financial operations up or down as needed.
- The service integrates advanced technology to deliver high-quality financial data.
Overview of CDM Direct
CDM Direct is a specialist outsourcing provider that offers a range of professional remote talent services across various industries in Australia. With a focus on maintaining excellent customer service levels, CDM Direct has established a state-of-the-art operations center in Fiji, which supports its new AaaS offering.
The Need for AaaS
Recruiting, training, and retaining accounting staff can be a significant burden for businesses. The average annual cost for an in-house accountant can exceed A$90,000, not including ongoing training expenses. CDM Direct’s AaaS provides a cost-effective solution that allows businesses to focus on their core operations while outsourcing their financial management.
Features of Bookkeeping & Accounting As A Service
CDM Direct’s AaaS includes a comprehensive suite of services tailored to meet the specific needs of business owners. Key features include:
- Accounts Receivable and Payable: Efficient management of incoming and outgoing payments.
- Financial Reporting: Detailed reports that provide insights into financial performance.
- Tax Submissions: Assistance with compliance and timely submissions to tax authorities.
Flexibility and Scalability
Kris Ram, CEO of CDM Direct, emphasized the flexibility of the new service, stating that it allows business owners to scale their financial operations according to their needs. This adaptability is crucial for businesses facing fluctuating demands and economic conditions.
Technology Integration
Clients of CDM Direct benefit from state-of-the-art technology that ensures data accuracy and reliability. The integration of advanced software allows for seamless communication and data sharing, enabling businesses to maintain high standards comparable to an in-house accounting team.
Positive Reception and Future Outlook
Since the launch of the AaaS, CDM Direct has reported strong inquiry levels and positive feedback from a diverse range of professional, commercial, and industrial businesses. The service is not only supplementing existing teams but also transforming the financial operations of many organizations.
Conclusion
CDM Direct’s Bookkeeping & Accounting As A Service is set to revolutionize how businesses manage their financial operations in Australia. By offering a flexible, cost-effective solution that leverages advanced technology, CDM Direct is positioning itself as a leader in the outsourcing industry. Business owners looking to enhance their financial management processes can explore this innovative service to achieve greater efficiency and cost savings.
