Bookkeeping as a Service
Optimise Your Bookkeeping and HR Functions (and save up to 60%)
Cost-Effective Excellence
Expert Team
Robust Security
Seamless Integration
Comprehensive Bookkeeping and HR Services
Bookkeeping Services
From accounts receivable and payable to financial reporting and tax submissions, our expert team handles all aspects of your transactional accounting.
Accounts Receivable
Accounts Payable
Bank Reconciliations
Customer Billing Queries
Financial Reporting
Tax Submissions
HR Administration
We manage your payroll processing, leave management, employee onboarding and offboarding, and maintain accurate employee records.
Payroll Processing
Leave Management
Onboarding and Offboarding
Employee Record Maintenance
How Much Could You Save?
BaaS vs. In-House Bookkeeping Costs
Assumptions:
- Average annual salary for a bookkeeper in Australia: AU$70,000
- Overhead costs: 30% of salary (AU$21,000)
- Total annual cost of in-house bookkeeper: AU$91,000
- CDM Direct’s hourly rate for BaaS: AU$19
- Full-time equivalent hours per year: 1976 hours (38 hours/week * 52 weeks)
Calculations:
- Cost of In-house Bookkeeper: AU$91,000 per year
- Cost of Outsourcing to CDM Direct: AU$19 * 1976 hours = AU$37,544 per year
- Potential Annual Savings: AU$91,000 – AU$37,544 = AU$53,456
Percentage Savings: (AU$53,456 / AU$91,000) * 100% = 58.74%
What would you like to achieve today?
Even if you do not know exactly what services you need, you probably do know what business results you want to achieve. Whether that's to reduce your costs, improve your customer metrics, make more sales, or use technology to transform CX, use this form to get in touch for an initial chat about your goals.
What Bookkeeping as a Service Can Do For You
We provide comprehensive services and invest in state-of-the-art technology so our team can deliver to the same high standards as in-house bookkeeping and HR departments, all while saving you money on labour costs.