The evolving business landscape in Zimbabwe, specifically in the wake of the COVID- 19 pandemics, has further propelled and supported the growth of outsourcing in Zimbabwe. Ranging from information technology & telecommunications, to modern banking, oil and gas sectors and finally accounting services, Zimbabwe continues to encounter an ongoing trend by firms who have embraced remote teams as a business solution to enable them to concentrate on their core businesses whilst being efficient, having access to better infrastructure and of course, being cost-effective.
The following represents an appreciation of some of the developing patterns in Zimbabwe’s accounting industry with relation to virtual work.
Remote Working
Working online has quickly become an alternative way to work for large corporations, SME’s and even some government agencies and branches. Based on a report by Gartner, 74% of businesses have made the decision to allow their employees to work from home permanently. This has naturally created a quantum shift of sorts in the outsourcing industry, especially for professions that were already accustomed to completing jobs online.
The Accounting industry in Zimbabwe has recently been exposed to state of the art modern ways of working. This includes introductions to advanced ways of working such as accounting job management software which enables the integration of a firm’s business processes. It also allows the interaction of teams despite where they may be physically located. This further eases the transition of a virtual accountant into a new position in your firm.
High Literacy Rates
Apart from modern business practices and business solutions, Zimbabwe is an ideal business destination to virtualize your accounting because of the high literacy rates. These have grown the pool of talent that stands as accounting experts right now. Based on a report by micro-trends, Zimbabwe stands as a country with stellar rankings. It ranks just underneath Tajikstan which has 99.80% whilst Zimbabwe perches at 88.69%.
Accounting in Zimbabwe is taught from the point when a student is 13 years old to the university level. The time and skill invested in these years create an expert by the time the incumbent is working as a professional. This is one of the prime factors why virtualizing your accounting services to Zimbabwe is a wise business decision.
Cost-Effective Business Solutions
It’s no secret that remote services will help you to put some money back into your pocket. The cost of labour in Zimbabwe is potentially around half of that in the US, UK or Australia. When you hire out your accounting services to Zimbabwe, you’ll generously save on payroll expenses and other tertiary costs such as HR costs, legal costs, equipment expenditure, office space, compliance and other known business operating expenses.
In most cases, businesses can save almost up to 60% in costs simply by farming out their accounting services to Zimbabwe.
Access To Expert Talent
Finding the perfect person for a position in your firm can be challenging. It’s an even tougher decision when the employee is virtual. BPOZimbabwe is a renowned outsourcing firm that ensures that you won’t have to lift a finger to find the correct accounting task force. This is because they simplify the recruitment process by connecting you to an accountant that is ready and willing to take up the job. This is primarily because the education system in Zimbabwe is set up to favour the BPO industry. It promotes specialized education which further encourages the advancement of experts
This means that you’ll know exactly the kind of talent that your new hire has at the time you’ve selected them. Zimbabwe, generally, has no lack of talent because every year there are about 30,000 students graduating from universities across the country.
So how can you get access to this talent?
BPOZimbabwe is the top employer for remote services in Zimbabwe. We offer consultancy services and helping you concentrate on the core areas of your business whilst we handle the rest. We have a proven record of working with global businesses that have contrasting cultures, and even different time zones. We’re essentially result-oriented and value the relationships that are formed with our clients.
After you’ve made the decision to work with BPOZimbabwe, we’ll look at your current systems and processes, and thereafter draft a proposal. This will be based on the roles in your business that we believe can be remote. This enables the effective identification of suitable candidates and a stress-free plan for training and integration into your current team. For detailed information on how and why to assign out your services to Zimbabwe please read through the information that we have gathered to ease your transition.
Other in-demand services that we offer are:
If you cannot find the service you’re seeking on the list above then please contact us to see what more we have on offer. For a much more detailed explanation of our hiring process please read here.