BruntWork asserts the significant influence virtual assistants for bookkeeping could have on the future of accounting. With an increasing presence in various sectors, BruntWork argues these digital aides can transform bookkeeping and accounting practices globally. Its CEO, Winston Ong, strongly advocates for the potential of virtual assistants (VAs) to enhance financial operations for companies of all sizes.
Virtual Assistants Transforming Accounting
BruntWork has been essential in bringing virtual assistants into the accounting space and promoting the use of VAs in crucial business roles such as bookkeeping and accounting. Ong emphasizes that embracing technology is the next step for accounting, highlighting the advantages of reduced costs and access to a global talent pool.
The company promotes a “Virtual First” strategy, offering outsourcing solutions to lower operational costs and increase efficiency. With a 181% revenue increase and a growing list of notable clients, BruntWork’s model has proven effective. The company aims to become the leading outsourcing firm worldwide, supported by its wide range of services, focused on client needs and international presence.
Addressing Challenges and Opportunities
Critics argue that virtual assistants cannot replicate the nuances and personal touch provided by human accountants. An industry analyst highlighted the limitations of a digital-only approach, pointing out areas where virtual assistants might fall short.
In response, BruntWork underscores the comprehensive training and selection process of its VAs, ensuring they are more than capable of utilizing the latest accounting software and providing personalized services. “Our VAs are equipped with an accountant’s mindset,” Ong asserts, emphasizing BruntWork’s dedication to quality and reliability.
Future of Outsourcing
With projections indicating significant growth in the global outsourcing market, expected to reach USD 525.2 billion by 2030, the role of virtual assistants in accounting is becoming increasingly central. BruntWork is ready to further integrate artificial intelligence and machine learning into business accounting processes to augment VAs’ abilities.
BruntWork is leading the transformative outsourcing movement by advocating for virtual assistants in accounting. Merging technological innovativeness with a strategic outlook and a zeal for excellence, the company actively shapes the future of accounting. “Our quest has just begun,” states Ong, hinting at a boundless future. The pace and smoothness of the transition to widespread use of virtual assistants in accounting remain to be seen.
