Connect with the top global companies offering expert bookkeeping services to maintain accurate records of all your financial transactions. Sort them by budget, reviews, team size, etc., to find the agency partner that can meet your business needs.

Best Bookkeeping Companies

151 Companies - Rankings updated: September 04, 2026

DesignRush assesses agencies using expertise standards and verified client experiences to help you make better decisions. Certain agencies have paid placements.

Bookkeeping × $1,000 - $10,000 ×
  • No More Missed Business Calls

    Assistring LLC is a customer-focused BPO partner that helps businesses scale through reliable, high-quality customer support and operational services. We combine skilled teams, efficient processes, and flexible delivery models to provide exceptional value, seamless customer experiences, and consistent...

    Top Services:

    • Call Centers
    • Email Marketing
    • Digital Marketing
    • BPO
    • IT Services
    • Show more
    Location
    Stratham, New Hampshire
    Number of Employees
    100 - 249
    Average Hourly Rate
    $7/hr
    Minimal Budget
    $1,000 - $10,000
    Portfolios Count
    10 Projects Listed
  • Where Quality Meets Trust.

    We specialize in providing all accounting and financial reporting needs for businesses. This includes bookkeeping, accounting, controller services, CFO services and CPA services. All of our team members have the expertise and knowledge to help your business grow...

    Top Services:

    • Accounting
    Location
    Salt Lake City, Utah
    Number of Employees
    Under 49
    Minimal Budget
    $1,000 - $10,000
  • Dream, Design, Deploy

    Webdorks is a Singapore-based web design agency that provides expertise in UX/UI, web design, and customized web applications. They work closely with clients to understand their goals and deliver custom solutions that meet their specific needs...

    Top Services:

    • Web Design
    • WordPress Website Design
    • Web Development
    • eCommerce Development
    • UI/UX Design
    • Show more
    Location
    Singapore, Singapore
    Number of Employees
    Under 49
    Average Hourly Rate
    $49/hr
    Minimal Budget
    $1,000 - $10,000
    Portfolios Count
    1 Project Listed
  • Financial Expertise for Nonprofits, Nationwide.

    Altruic Advisors is a CPA and financial consulting firm that works exclusively with nonprofit organizations. Audits, reviews, and tax preparation services are available through our offices in Colorado, Michigan, Minnesota, and Washington, DC...

    Top Services:

    • Business Consulting
    • Accounting
    Location
    Ann Arbor, Michigan
    Number of Employees
    Under 49
    Average Hourly Rate
    $125/hr
    Minimal Budget
    $1,000 - $10,000
  • Small Business Accounting, Technology, & Growth Consulting.

    Fred Lundin CPA LLC is a Chicago-based CPA accounting and technology consulting firm specializing in serving e-commerce, solopreneurs, and small business owners. With a dedicated focus on these sectors, we provide tailored financial and technological solutions to help our clients thrive in their respective...

    Top Services:

    • Business Consulting
    • Market Research
    • Accounting
    • BPO
    • CRM Consulting
    • Show more
    Location
    Chicago, Illinois
    Number of Employees
    Under 49
    Average Hourly Rate
    $150/hr
    Minimal Budget
    $1,000 - $10,000
    Portfolios Count
    3 Projects Listed
  • Boost productivity & profitability by outsourcing to the Philippines with STAFFVIRTUAL

    Customer service, back office, and IT outsourcing are the areas of expertise of STAFFVIRTUAL, an American business process outsourcing (BPO) firm with offices in the Philippines. Additionally, we offer Employer of Record (EOR) or Professional Employer Organization (PEO) solutions. It is simple for your...

    Top Services:

    • Call Centers
    • HR Outsourcing
    • BPO
    • Accounting
    • Show more
    Location
    Makati, Philippines
    Number of Employees
    50 - 99
    Average Hourly Rate
    $100/hr
    Minimal Budget
    $1,000 - $10,000
  • Innovative Solutions, Unmatched Value

    Taskforce BPO is an American Veteran owned company whose mission is to provide clients with labor solutions that enable them to focus on their core competencies while increasing productivity and profitability...

    Top Services:

    • Call Centers
    • Accounting
    Location
    Knoxville, Tennessee
    Number of Employees
    100 - 249
    Average Hourly Rate
    $20/hr
    Minimal Budget
    $1,000 - $10,000
  • Trusted Accounting Solutions

    As a business owner or leader, have you given up on having quality bookkeeping and financial reporting for your business? Barta Business Group is a team of bookkeeping, accounting, and finance professionals providing outsourced solutions for small and mid-sized businesses and nonprofits...

    Top Services:

    • Business Consulting
    • Accounting
    Location
    Denver, Colorado
    Number of Employees
    Under 49
    Average Hourly Rate
    $125/hr
    Minimal Budget
    $1,000 - $10,000
  • We simplify your finances and help you accelerate your business

    Pasquesi Partners provide full-service accounting and tax solutions to tech and agency businesses. Our mission is to help growth-stage businesses manage the comprehensive financials required to turn visions into reality. Like traditional accounting firms, we handle the basics: bookkeeping, payroll, tax...

    Top Services:

    • BPO
    • Accounting
    Location
    Chicago, Illinois
    Number of Employees
    Under 49
    Average Hourly Rate
    $125/hr
    Minimal Budget
    $1,000 - $10,000
  • ORBA is a full-service accounting, tax and business consulting firm located in downtown Chicago serving privately-held companies, individuals and not-for-profit organizations...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Chicago, Illinois
    Number of Employees
    100 - 249
    Average Hourly Rate
    $75/hr
    Minimal Budget
    $1,000 - $10,000
  • Well count the numbers while you multiply your time.

    Providing businesses with the most advanced accounting and financial services is Accario's primary mission. Accario's services and disciplines continue to help clients maintain a healthy balance sheet and have peace of mind no matter the size of their business, be it a small franchise or a large enterprise...

    Top Services:

    • BPO
    • Accounting
    • Customer Support
    Location
    Melbourne, Australia
    Number of Employees
    250 - 499
    Average Hourly Rate
    $40/hr
    Minimal Budget
    $1,000 - $10,000
  • Getting Your Business Found on the Internet

    Merchant Bottom Line mission is to help small businesses get found on the Internet. We believe the business owner should focus on their business while we focus our attention on their Internet presence. We design and create very SEO friendly website pages and provide social medias and or eCommerce if needed...

    Top Services:

    • Web Development
    • SEO
    • Web Design
    • Digital Services
    • Digital Strategy
    • Show more
    Location
    New Boston, Texas
    Number of Employees
    Under 49
    Average Hourly Rate
    $85/hr
    Minimal Budget
    $1,000 - $10,000
  • Your Trusted Accounting Firm

    Accountrix offers outsourced bookkeeping and accounting services in Ontario and Canada. Let us be your trusted partner in managing your business's complexities...

    Top Services:

    • Accounting
    Location
    Toronto, Canada
    Number of Employees
    Under 49
    Average Hourly Rate
    $150/hr
    Minimal Budget
    $1,000 - $10,000
  • Your Trusted Partner For All Your Business Needs

    Allianze Infosolution is a leading BPO and AI data automation company in the USA offering data processing, virtual assistance, finance, healthcare, and engineering solutions...

    Top Services:

    • BPO
    • Accounting
    Location
    Denver, Colorado
    Number of Employees
    50 - 99
    Average Hourly Rate
    $20/hr
    Minimal Budget
    $1,000 - $10,000
  • Innovate today, lead tomorrow.

    Berlin-based consultants helping you grow through smart strategies and a practical approach. We focus on leadership, process improvement, and sustainable growth. Whether refining operations or exploring new markets, we provide clarity and steady support...

    Top Services:

    • Business Consulting
    • Market Research
    Location
    Berlin, Germany
    Number of Employees
    Under 49
    Average Hourly Rate
    $50/hr
    Minimal Budget
    $1,000 - $10,000
  • Outcome-Focused Software Solutions

    OneEKO Technologies is a software development agency building custom solutions for small businesses. We specialize in web applications, mobile apps, and AI integration, helping local businesses like restaurants, gyms, law firms, and retail stores compete with modern technology. Our flagship product KaiScout...

    Top Services:

    • Software Development
    • Digital Services
    • eCommerce Development
    • UI/UX Design
    • SEO
    • Show more
    Location
    Wilmington, Delaware
    Number of Employees
    Under 49
    Average Hourly Rate
    $100/hr
    Minimal Budget
    $1,000 - $10,000
    Portfolios Count
    6 Projects Listed
  • We ask the right questions to make sure we have a full understanding of your business. We are readily available at an hour of the day and on multiple channels...

    Top Services:

    • BPO
    Location
    Chicago, Illinois
    Number of Employees
    500 - 999
    Average Hourly Rate
    $25/hr
    Minimal Budget
    $1,000 - $10,000
  • Fractional CFO & Accounting Services

    Level10 CFO is a new spin on outsourced CFO advisory and accounting services. With an advisory-led, tech-forward approach that always puts your interests first, we brave the crucial conversations to help your business evolve and grow...

    Top Services:

    • Accounting
    • BPO
    Location
    Lakewood, Colorado
    Number of Employees
    Under 49
    Minimal Budget
    $1,000 - $10,000
  • Accurate | Reliable | Affordable

    iARATech Solutions is a premier ITES provider, offering top-quality BPO and KPO services globally. Our expert team excels in administrative tasks, B2B lead generation, digital marketing, and virtual assistant services, helping businesses streamline operations, reduce costs, and focus on core competencies. Let...

    Top Services:

    • Social Media Marketing
    • Digital Marketing
    • Email Marketing
    • BPO
    • Customer Support
    • Show more
    Location
    Surat, India
    Number of Employees
    Under 49
    Average Hourly Rate
    $6/hr
    Minimal Budget
    $1,000 - $10,000
    Portfolios Count
    2 Projects Listed
  • A New Vision for Accounting.

    At SKR+CO, we put people first. As the largest locally owned certified public accounting firm in Southern Colorado, we believe teamwork adds tremendous value to each and every one of our clients...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Colorado Springs, Colorado
    Number of Employees
    100 - 249
    Average Hourly Rate
    $45/hr
    Minimal Budget
    $1,000 - $10,000
  • Artifin Accountants, A trusted team of CIMA Certified Chartered Accountants

    Artifin Accountants is a UK-based accounting and tax firm led by Mr. Rahim Uddin, providing reliable and well-structured financial services for growing businesses...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    London, United Kingdom
    Number of Employees
    Under 49
    Average Hourly Rate
    $75/hr
    Minimal Budget
    $1,000 - $10,000
    Portfolios Count
    1 Project Listed
  • The uber of tax preparation services.

    Taxes Served Corporation is your trusted partner in comprehensive financial solutions. Our dedicated team is committed to providing top-notch services in tax, bookkeeping, and payroll to meet the unique needs of your business...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Hoboken, New Jersey
    Number of Employees
    Under 49
    Average Hourly Rate
    $75/hr
    Minimal Budget
    $1,000 - $10,000
  • Top Nearshore BPO Services for US & Canadian Businesses | 24/7 Call Center Services

    VLBPO is a strategic nearshore outsourcing partner enabling organizations to transform operational performance, reduce costs, and scale with speed and control through high-impact workforce solutions...

    Top Services:

    • BPO
    • Customer Support
    • Call Centers
    • Phone Answering Services
    • HR Outsourcing
    • Show more
    Location
    Kingston, Jamaica
    Number of Employees
    100 - 249
    Average Hourly Rate
    $10/hr
    Minimal Budget
    $1,000 - $10,000
  • WordPress Solutions for Corporates.

    Established in 2018 by Somnath Jadhav, Eternitty has become synonymous with excellence in IT Solutions. Our dedicated team of 25+ skilled professionals specializes in web design, mobile application development, and SAP implementation, ensuring the delivery of high-quality, enduring IT solutions...

    Top Services:

    • Web Design
    • UI/UX Design
    • eCommerce Development
    • Web Development
    • WordPress Website Design
    • Show more
    Location
    Pune, India
    Number of Employees
    Under 49
    Average Hourly Rate
    $25/hr
    Minimal Budget
    $1,000 - $10,000
  • Simple Solutions to Complex Problems

    The DV Factory is a premier consultancy specialising in providing industry experts and holistic project and application development teams for the delivery of initiatives in the VOT/OO, Performance Marketing & Data Automation spaces...

    Top Services:

    • Cloud Consulting
    • Managed Services
    • DevOps Consulting
    • IT Services
    • Business Consulting
    • Show more
    Location
    London, United Kingdom
    Number of Employees
    Under 49
    Average Hourly Rate
    $75/hr
    Minimal Budget
    $1,000 - $10,000
  • A Better Way to Build Your Team

    NetBounce Global is an offshore staffing company that helps CPAs and accounting firms in the U.S. & Canada build and manage high-performing offshore remote accounting teams. By focusing on co-sourcing rather than outsourcing, We ensure long-term cultural alignment and strong day-to-day integration...

    Top Services:

    • Accounting
    Location
    Austin, Texas
    Number of Employees
    Under 49
    Average Hourly Rate
    $11/hr
    Minimal Budget
    $1,000 - $10,000
  • Our Frugal Scaling Partner

    GlobiFYE delivers AI-fueled, frugal staffing local and global, from tech to finance, ops to project leads. Slash costs forty to sixty percent with smart methodologies: volume hiring scales teams fast via AI screening; staff augmentation plugs pros seamlessly; retained search bags elites. Contingent options...

    Top Services:

    • HR Outsourcing
    • Business Consulting
    Location
    Atlanta, Georgia
    Number of Employees
    Under 49
    Average Hourly Rate
    $60/hr
    Minimal Budget
    $1,000 - $10,000
  • Perfect Choices For Your Business Growth

    Green Feather Technologies is a Bangladesh-based business process outsourcing (BPO) company that provides scalable operational support services to businesses worldwide. The company specializes in outsourcing solutions including software development, accounting assistance, virtual assistance, digital...

    Top Services:

    • Software Development
    • Mobile App Development
    • Web Development
    • Digital Marketing
    • BPO
    • Show more
    Location
    Dhaka, Bangladesh
    Number of Employees
    Under 49
    Average Hourly Rate
    $10/hr
    Minimal Budget
    $1,000 - $10,000
    Portfolios Count
    1 Project Listed
  • Digital Growth Marketing

    At Algorismic Tech, we believe in offering scalable and customised digital marketing services...

    Top Services:

    • Digital Services
    • Reputation Management
    • Web Design
    • Web Development
    • WordPress Website Design
    • Show more
    Location
    Mohali, India
    Number of Employees
    Under 49
    Average Hourly Rate
    $15/hr
    Minimal Budget
    $1,000 - $10,000
    Portfolios Count
    1 Project Listed
  • Customer Oriented Company! Enabling Businesses To Be Next-Gen Enterprises!

    Corient Business Solutions, based in Coventry, is a leading outsource accounting firm dedicated to empowering businesses with tailored financial solutions. Specializing in accounting, bookkeeping, payroll, and year-end services, Corient combines expertise with advanced technology to deliver accurate...

    Top Services:

    • BPO
    • Accounting
    Location
    Coventry, United Kingdom
    Number of Employees
    250 - 499
    Average Hourly Rate
    $12/hr
    Minimal Budget
    $1,000 - $10,000
  • Your growth is our mission

    Connext helps companies build custom, dedicated offshore support teams...

    Top Services:

    • BPO
    • Call Centers
    • Customer Support
    • Transcription Services
    • Accounting
    • Show more
    Location
    Angeles, Philippines
    Number of Employees
    1000 & Up
    Average Hourly Rate
    $11/hr
    Minimal Budget
    $1,000 - $10,000
  • Hire Global Talent Without Borders Legal Risk Or Delays

    Smart Outsourcing Solution (SOS) is your partner for compliant offshore hiring. With decades of recruitment experience and strong operations in the Philippines, we deliver remote-ready talent in AI, tech, and customer support. Our EOR solution handles everything from onboarding to payroll, giving you a...

    Top Services:

    • HR Outsourcing
    • Business Consulting
    • BPO
    • Customer Support
    • Show more
    Location
    Muntinlupa, Philippines
    Number of Employees
    500 - 999
    Average Hourly Rate
    $10/hr
    Minimal Budget
    $1,000 - $10,000
  • For Every Voice, We Deliver a Solution

    We help businesses connect with their customers through fast, friendly and reliable communication...

    Top Services:

    • BPO
    • Call Centers
    • Customer Support
    • Phone Answering Services
    • Show more
    Location
    Denver, Colorado
    Number of Employees
    250 - 499
    Average Hourly Rate
    $8/hr
    Minimal Budget
    $1,000 - $10,000
  • Ideas That Spark Growth

    Smart Brand Ideas is a women-owned creative agency that helps entrepreneurs and small businesses turn bold ideas into brands that grow. We blend strategy, storytelling, and design to create authentic identities, websites, and marketing that connect and convert...

    Top Services:

    • Branding
    • Web Design
    • Web Development
    • WordPress Website Design
    • Digital Marketing
    • Show more
    Location
    Mukilteo, Washington
    Number of Employees
    Under 49
    Minimal Budget
    $1,000 - $10,000
  • Your Personal Trusted Advisor

    Peggy's Bookkeeping & Tax Service is an affordable, experienced, and friendly bookkeeping and tax firm that offers a broad range of services for business owners and individuals. We have years of real-world experience providing bookkeeping and tax services for all kinds of small businesses including...

    Top Services:

    • Accounting
    Location
    Mesquite, Texas
    Number of Employees
    Under 49
    Average Hourly Rate
    $50/hr
    Minimal Budget
    $1,000 - $10,000
  • Behind on Your Taxes? Phoenix Knight Can Help.

    Phoenix Knight Financial Services is a trusted partner for individuals and businesses seeking clarity and confidence in their finances. With over 20 years of experience in tax, bookkeeping, and accounting, we deliver reliable, affordable, and tailored solutions across Canada. Our proactive approach goes...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    New Westminster, Canada
    Number of Employees
    100 - 249
    Average Hourly Rate
    $50/hr
    Minimal Budget
    $1,000 - $10,000
  • Your Trusted Partner

    MacTay is one of Nigerias leading Human Resources Management Consulting firms, with over 40 years of experience empowering organizations through people-focused and performance-driven solutions. Since 1982, we have partnered with some of Africas most prominent businesses, delivering innovative strategies and...

    Top Services:

    • BPO
    • HR Outsourcing
    Location
    Lagos, Nigeria
    Number of Employees
    100 - 249
    Average Hourly Rate
    $100/hr
    Minimal Budget
    $1,000 - $10,000
  • Results-Focused Solutions For Business

    We help small and mid-sized businesses across NJ and NY build an online presence that actually brings in customers not just looks good. What makes us different is that we don't just build websites. We build systems that generate leads...

    Top Services:

    • Digital Marketing
    • Web Design
    • Web Development
    • WordPress Website Design
    • eCommerce Development
    • Show more
    Location
    Woodbridge Township, New Jersey
    Number of Employees
    Under 49
    Average Hourly Rate
    $80/hr
    Minimal Budget
    $1,000 - $10,000
  • Engineered for Innovation. Built to Scale. Designed to Last.

    At North Star Technology, we engineer strategic digital ecosystems that empower businesses to scale, compete, and thrive. From custom WordPress websites to IT infrastructure, automation, and Microsoft 365 solutions, we create technology-driven strategies designed for long-term success...

    Top Services:

    • Web Design
    • Web Development
    • Business Consulting
    • UI/UX Design
    • WordPress Website Design
    • Show more
    Location
    Oklahoma City, Oklahoma
    Number of Employees
    Under 49
    Average Hourly Rate
    $170/hr
    Minimal Budget
    $1,000 - $10,000
    Portfolios Count
    1 Project Listed
  • Hardware + AI Agents For Columbus Entrepreneurs

    CBus AI Agents builds custom AI agent systems and hardware setups for small businesses in Columbus, Dublin, and Central Ohio. Founder-led by Jeff Binek: Army veteran, Ohio State grad, 16-year business owner turned AI consultant...

    Top Services:

    • AI Development
    • Business Consulting
    • SEO
    • Social Media Marketing
    • Web Design
    • Show more
    Location
    Dublin, Ohio
    Number of Employees
    Under 49
    Average Hourly Rate
    $115/hr
    Minimal Budget
    $1,000 - $10,000
  • Helping Spokane Business Owners Grow

    Spokane Marketing is a unique full stack marketing agency based in Spokane Washington. We are small team of young, sharp minded and tenacious young adults who saw that there was a drastic need to connect Business owners to customers. Most marketing agencies are owned or operated by people who quite frankly...

    Top Services:

    • Digital Marketing
    • SEO
    • PPC
    • Web Design
    • Web Development
    • Show more
    Location
    Spokane, Washington
    Number of Employees
    Under 49
    Average Hourly Rate
    $40/hr
    Minimal Budget
    $1,000 - $10,000
    Portfolios Count
    1 Project Listed
  • That is why we take a holistic approach to assisting clients with growing, managing, and protecting their hard work. With more than 180 professionals across 9 locations, we partner with many of the regions most trailblazing and passionate leaders and organizations...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Winchester, Virginia
    Number of Employees
    100 - 249
    Average Hourly Rate
    $250/hr
    Minimal Budget
    $1,000 - $10,000
  • Realise your potential

    We are one of India's leading contact centre company catering to US, UK, Australia, India, Middle East & South East Asia markets. Our core domains are Fintech, Healthtech, Edtech, Wellness, Healthcare, Ecommerce, FMCG, BFSI, Education among other domains...

    Top Services:

    • Call Centers
    • BPO
    • Phone Answering Services
    • Customer Support
    • Business Consulting
    • Show more
    Location
    Navi Mumbai, India
    Number of Employees
    1000 & Up
    Average Hourly Rate
    $10/hr
    Minimal Budget
    $1,000 - $10,000
  • Delivering Ideas Together, Faster.

    Sprint19 specialize in software development to bring your innovative ideas to life. Let's build something amazing together. For over a decade, our team's combined experience has helped 150+ startups build their web and mobile applications, launch their businesses, and have a handful of acquisitions...

    Top Services:

    • UI/UX Design
    • Web Design
    • Web Development
    • Mobile App Development
    • DevOps Consulting
    • Show more
    Location
    Taguig, Philippines
    Number of Employees
    Under 49
    Average Hourly Rate
    $53/hr
    Minimal Budget
    $1,000 - $10,000
    Portfolios Count
    1 Project Listed
  • App Development in 1/10th the Time and Price!

    Platfio App Development not only assists in building your app but also provides hosting and upgrades, ensuring its seamless operation in the long run, all covered within a cost-effective monthly fee. This comprehensive service safeguards your app while offering significant cost savings...

    Top Services:

    • Mobile App Development
    • Software Development
    • AI Development
    • CRM Consulting
    • Big Data Analytics
    • Show more
    Location
    South Yarra, Australia
    Number of Employees
    Under 49
    Average Hourly Rate
    $5/hr
    Minimal Budget
    $1,000 - $10,000
  • Your Trusted Finance Professional.

    Coin Masters is your dedicated finance team, from bookkeeping to the boardroom. With our comprehensive range of services, we're more than just a financial services provider; we're your trusted partners in financial excellence...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Ottawa, Canada
    Number of Employees
    Under 49
    Minimal Budget
    $1,000 - $10,000
  • Excellent People, Exceptional Service

    Upstream BPO Leads The Industry. With Multilingual And Omnichannel Support And Customer Experience (CX), Back-Office, Inside sales, tele sales, Lead generation, Digital Transformation, And Intelligent Automation Solutions. Our BPO Experts Have Over 25 Years Of Experience In Delivering Value And Better...

    Top Services:

    • Call Centers
    • BPO
    • HR Outsourcing
    • Customer Support
    • Show more
    Location
    Kuala Lumpur, Malaysia
    Number of Employees
    1000 & Up
    Average Hourly Rate
    $8/hr
    Minimal Budget
    $1,000 - $10,000
  • Comprehensive Solutions for Complex Business Matters

    ASC Group is a leading provider for outsourcing services to accounting & Bookkeeping, legal, financial, and Business consulting services to small/medium/large enterprises in India, USA, Japan, Singapore, UK, Canada. The Group carries 25+ years of experience in advising 1000 + business globally...

    Top Services:

    • Market Research
    • Accounting
    • HR Outsourcing
    • BPO
    • Phone Answering Services
    • Show more
    Location
    Noida, India
    Number of Employees
    250 - 499
    Average Hourly Rate
    $20/hr
    Minimal Budget
    $1,000 - $10,000

Bookkeeping Service Hiring Guide

What is a bookkeeping company?

A bookkeeping company is a specialized firm that manages the financial records of an organization, ensuring that they are complete, accurate, and compliant with industry policies and regulations. Its core focus is helping businesses better understand their financial performance, make informed decisions, and uncover growth opportunities.  

Typically, there are two kinds of bookkeeping services. The first is a standard or regular bookkeeper who performs simple duties, such as inputting financial records and comparing them with bank statements. The second is a full charge bookkeeper, who has managerial responsibilities and is more involved in a business’s overall financial health, managing its banking and payroll, and assisting accountants in filing taxes. 

While these two types of bookkeeping services differ in scope and responsibilities, both help businesses overcome some of the following challenges: 

  • Inability to track business’ monetary transactions 
  • Disconnection between the sales and profit margins 
  • Late payments, lost invoices, or unexpected expenses leading to cash flow issues 
  • Frequent compliance violations and penalties 
  • Difficulty balancing inflows and outflows and maintaining stable cash flow 
  • Disorganized or incomplete financial records 
  • Limited financial visibility that subsequently impedes strategic planning 
  • Limited bookkeeping skills and knowledge 

The global bookkeeping and financial auditing market is predicted to reach $673.7 billion by 2028, registering a compound annual growth rate (CAGR) of 4.4% from 2023 to 2028. The market growth can be attributed to taxation changes, increasing business complexity, and shifting outsourcing trends pertaining to bookkeeping.  

Success story 

While the numbers speak for themselves, we selected the following case study to illustrate the impact of bookkeeping services in nurturing financial health.  

  • Challenge: With operations dispersed across over 1,000 locations, a retail chain’s point of sale (POS) terminals reported incorrect, duplicate, and missing transactions. Because of this, it had to dedicate over 400 hours to manually review the financial records of at least 50 stores. 
  • Solution: Leveraging its tax processing and change management platform, alyx, Grant Thornton developed a workflow that automated data consolidation and implemented internal review processes from audit specialists to ensure data accuracy. Once deployed, the technology automatically reviewed the financial records and reconciled accounts. 
  • Results: Grant Thornton reduced reconciliation time by 90%, compressing manual work hours from 400 to 40, which allowed the client’s team to dedicate time to more important tasks. 

What do bookkeeping companies do?

Bookkeeping companies streamline businesses’ financial tracking, paying, and reporting processes to minimize data entry errors and ensure accuracy. They coordinate with department heads to collect expense reports and approve purchases, report inaccuracies and variations in monthly financial reports, and help keep a business's annual budget in order. 

Key bookkeeping services include: 

  • Financial transaction documentation 
    Recording all financial transactions, including sales, purchases, receipts, and payments together, and ensuring they include details like transaction date, payee, and payor 
  • Accounts receivable/payable management 
    Collecting and monitoring payment transactions, which involves sending invoices to customers, following up on overdue accounts, and scheduling payments for bills 
  • Bank reconciliation 
    Comparing financial records with bank statements to assess for discrepancies and errors in data keeping and reconciling these when possible 
  • Payroll management 
    Calculating employee wages, withholding taxes, managing benefits, and processing employee payroll 
  • Financial reporting 
    Creating balance sheets, income statements, cash flow statements, and other financial reports and submitting these to relevant personnel for their analysis 
  • Budgeting and financing 
    Providing projections for future financial performance based on historical data and market trends and assisting businesses in developing and monitoring budgets to manage spending 

Success story 

To better illustrate the role of bookkeeping services in real-world business situations, we selected a case study from Crowe

  • Challenge: Lacking the resources to reconcile intercompany accounts receivable and payable across its multiple entities, a global telecommunications company partnered with Crowe to provide audit support to its parent company and its foreign subsidiaries. 
  • Solution: Crowe conducted intercompany account reconciliation for three entities across three consecutive annual audit periods. In addition, the company reviewed the accuracy of the parent company’s financial records, drafted financial statements and footnotes, and created a template for the client to use for future reconciliations. 
  • Results: With Crowe’s help, the client gained more accurate financial records and met all reporting and audit deadlines, avoiding potential violations and penalties.  

What is the difference between a bookkeeper and an accountant?

Although bookkeepers and accountants operate within the same financial domain, their roles are distinctly different and are frequently conflated with one another. Essentially, bookkeepers handle a business’s day-to-day financial operations, whereas accountants are more involved in the bigger picture of the business’s finances, i.e., they analyze financial statements, perform audits, and file taxes. 

Below is a comparison chart: 

Bookkeeper  Accountant 
Records daily and monthly transactions  Analyzes the records which bookkeepers log to advise business owners on financial decisions 
Conducts bank reconciliations  Conducts routine audits and reviews financial statements 
Sends invoices, tracks received payments, and processes payrolls  Analyzes the overall cost of operations and manages budgets 
Does not have the legal authority to file for taxes  Has the legal authority to file for taxes 

How much do bookkeeping services cost?

On average, bookkeeping services cost between $500 and $2,500 per month for fully outsourced services, however, this rate can vary depending on the following factors:  

  • Company size and number of employees  
  • Number of monthly transactions 
  • Number of expense accounts  
  • Number of invoices 
  • Number of balance sheets 
  • Customized reporting needs 
  • Agency location 

A bookkeeping company’s pricing model can also affect the overall price of the service. Common models include: 

  • Hourly rate 
    Charges per hour of service rendered, providing an affordable and flexible pricing option for businesses with widely varying needs per month. 
  • Part-time bookkeeping
    Bills a flat monthly fee for basic bookkeeping services, such as inputting receipts and reconciling records. This is an ideal pricing option for businesses that can perform some bookkeeping services internally (e.g., payroll and financial reports) and want to save up on bookkeeping costs. 
  • Full-service bookkeeping 
    Requires a flat monthly fee for comprehensive bookkeeping services, making a preferred option for businesses that don’t have the internal resources to manage their financial records and have complex needs. 

The top 50 bookkeeping companies on DesignRush charge an average hourly rate of $73. 18.6% of agencies accept projects under $1,000, offering cost-effective options for organizations seeking basic bookkeeping services. On the other hand, 0.8% require at least $50,000, catering to businesses that require end-to-end bookkeeping services on a larger scale. 

Why should I hire a bookkeeping company?

You should hire a bookkeeping company because it can provide visibility into your organization’s financial health, help you make more informed decisions pertaining to your budget and expenses, and pinpoint opportunities to maximize your profits. Bookkeeping companies can also help you uncover patterns in your financial performance and improve overall financial operations.  

Hire bookkeepers because they: 

  • Improve your business’s financial resiliency so you can quickly recover from unexpected financial shocks  
  • Provide greater visibility into your cash flow, transactions, and overall financial records 
  • Minimize record-keeping errors and can prevent compliance penalties 
  • Provide valuable insights on budget allocation and business expenses 
  • Explore opportunities to optimize spending, better allocate budget, and grow revenue 
  • Prepare well-documented financial reports and analyses to be presented to investors and stakeholders 
  • Can fully take over the bookkeeping operations, thus allowing you to focus on core business activities 

Success story 

To highlight the value of bookkeeping services, we’ve selected Coforge’s case study as a notable example:  

  • Challenge: A commercial bank wanted to reclassify its clients’ financial statements into a specific risk analyst template, seeking to conduct a more accurate analysis. However, the statements were inconsistent and inaccurate and required standardization. 
  • Solution: Recognizing the client’s time constraints, Coforge created a detailed process checklist to reduce and monitor errors and standardized the approach for financial reclassification. The company also employed its proven process assessment framework to accelerate the transition. 
  • Results: Following the partnership with Coforge, the bank achieved a 99.5% accuracy in financial statement spreading, reduced staffing requirements by 30%, and improved regulation compliance. Because of this efficiency, the bank recorded a turn time of 12 hours for prioritized new loan applications. 

How do I choose the best bookkeeping company for my business?

Choosing the best bookkeeping company for your business requires careful consideration and research. To help you in this process, we compiled a list of things you should consider: 

  1. Understand your business needs 
    Evaluate your bottlenecks, pain points, and current limitations to determine the type of bookkeeping services you need to outsource.  
  2. Outline project scope 
    Determine the number of monthly transactions, reporting needs, payroll needs, and accounting tech and systems to define project scope. 
  3. Set your budget 
    Discuss with stakeholders how much you can allocate toward a bookkeeping service, considering the frequency and scope of services.  
  4. Research potential partners and ask for referrals 
    Review agency directories like DesignRush, marketplaces, publications, and listings to find bookkeeping companies. You can also reach out to business partners and colleagues for agencies for referrals. 
  5. Check their credibility 
    Because bookkeeping is a highly regulated industry, look into the accreditations of the bookkeepers you’re considering. An official certificate from the National Association of Certified Public Bookkeepers (NACPB) is a notable example in thar regard.  
  6. Assess their expertise 
    Review their client reviews and testimonies, case studies, portfolio, list of awards and recognitions, services, and experience. Select agencies that are familiar with your industry and provide the tools you need. 
  7. Submit a request for proposal (RFP) 
    Shortlist suitable agencies and send them an RFP. Across the RFPs, include a list of expected responsibilities and deliverables, project budget, how frequently you’ll need the service (daily, monthly, or quarterly), and a rough estimate of the regular workload.  
  8. Ask about security and privacy  
    Inquire about their financial data security best practices and ensure they comply with the latest privacy and security regulations to safeguard your business’s information. 
  9. Evaluate their soft skills 
    Observe the agency’s interactions with your team, and prioritize those that are organized, communicative, transparent, accountable, flexible, and seem like a good culture fit. 
  10. Finalize details with your chosen partner 
    Once you’ve chosen a bookkeeping company, settle on the payment method, list of deliverables, project management and communication details, and other aspects of your collaboration. 

Need help finding a bookkeeping company that aligns with your needs? Explore our Marketplace and send us a copy of your project scope. Our team will shortlist five leading agencies that meet your requirements at no cost. 

How do I find the best bookkeeping services on DesignRush that fit my budget?

Using our agency's filters, you can find the best bookkeeping services on DesignRush that fit your budget. Shortlist the selection by choosing from agencies that can cater to projects from $1,000 to above $50,000 based on your budget.  

To get you started, here are a few options at different price points: 

Low Budget: 1k above  
Mid Budget: 10k above  
High Budget: 50k above  

What are the key success metrics in bookkeeping?

Bookkeeping success metrics help businesses evaluate the state of their financial accounts, ensure accurate income and expense tracking, facilitate informed decision-making, and maintain compliance with regulatory requirements. 

Below are the key success metrics in bookkeeping: 

  • Operating cash flow 
    Calculates an organization’s inflows and outflows, indicating whether it has enough cash flow to maintain and grow its business operations 
  • Working capital 
    Computes a business's on-hand cash, excluding the amount needed to maintain daily operations and pay debts and loans 
  • Accounts payable 
    Measures the total outstanding bills owed by the organization 
  • Accounts receivable/payable aging 
    Tracks the age of an account in 30-day increments to help businesses make more informed decisions pertaining to their cash flow 
  • Accounts receivable 
    Calculates the total amount owed to a business 
  • Direct costs 
    Determines the cost it takes to produce a certain good or service 
  • Cash burn rate 
    Identifies how quickly a business consumes its cash reserves 
  • Operating margin 
    Computes the income a business makes from its daily operations  
  • Revenue growth 
    Evaluates how much a business’s revenue has increased over a certain period 
  • Net profit 
    Calculates the total amount a company makes after taxes and interest 

What questions should I ask bookkeeping companies before hiring one?

Before hiring a bookkeeping company, you should ask it some of the following questions to ensure it’s reliable, trustworthy, and has the necessary experience to accommodate your needs: 

Its Relevant Background 

  1. How familiar are you with my industry?  
  2. Can you provide case studies of similar collaborations? 
  3. Can you refer me to a past or current client so I can ask them some questions? 
  4. What are your bookkeeping credentials? 

Its Services and Processes 

  1. What is your scope of bookkeeping services? 
  2. How far back can you reconcile accounts? 
  3. Can you walk me through your internal review process? 
  4. What is your process for creating financial reports? 
  5. What bookkeeping tools and software do you use? 
  6. Do you provide accompanying accounting services? If so, how do you keep a consistent workflow between the two services? 
  7. Do you outsource any of your services? 
  8. What are your privacy and security policies? 
  9. Do you have a contingency plan for unpredictable situations? 

Related to Your Project 

  1. Who will be on my team, and what are their credentials? 
  2. Will you need access to previous tax and financial records? 
  3. Are you available during my work hours? 
  4. What are your delivery timelines for my project? 
  5. What will be our communication and project management arrangement? 
  6. How do you measure and monitor performance? 
  7. Who owns my data, especially after our contract ends? 
  8. Do you allow changes in project scope, especially as my business grows? 

What are the best bookkeeping companies in the US?

The best bookkeeping companies in the US are the following: 

  1. Grant Thornton 
    • 4.3 stars on DesignRush (1 review) 
    • 4.6 stars on Google (15 reviews) 
    • Top clients: Itzova Ltd., East Coast Lifestyle 
  2. Crowe
    • 4.5 stars on DesignRush (2 reviews) 
    • 3.8 stars on Google (10 reviews) 
    • Top clients: Veritex Community Bank, Virginia Passenger Rail Authority, Nucor Corporation, Hannibal Industries 
  3. Coforge 
    • 5.0 stars on Google (3 reviews) 
    • Top clients: IAG, Eurostar, Underwater Construction, Clinilabs Inc  
  4. Saicon 
    • 3.5 stars on Google (11 reviews) 
    • Top clients: KPMG, Veritas, Accenture, Cisco 
  5. Deloitte 
    • 3.4 stars on Google (84 reviews) 
    • Top clients: Microsoft, Procter & Gamble, Apollo Global Management, Boeing 

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