Accounting outsourcing can reduce labour and overhead costs, in addition get expert advice. It also helpful in reducing costs and increasing cash flows because it is cheaper than hiring employees to work in-house, as we only pay per service used that fits our budget and needs. When hiring employees to staff an in-house accounting department, we have to consider the inevitable overhead costs that it entails. By preparing a monthly statement of account to monitor the status of accounts receivable, we can easily manage our debtors aging.