Although it can directly save on salaries, it will result in taking more valuable time away from value-adding strategic work to grow your business. 

There is an easier yet inexpensive way to do it – and that is by offshoring your bookkeeping tasks to remotely based, yet highly experienced bookkeepers.

Hiring a bookkeeper working remotely from a lower-cost labour market like the Philippines means that you can employ an experienced and fully qualified bookkeeper for a fraction of the cost of employing an inexperienced one in Australia.