Case Study: Manhattan Bookkeepers, Inc. achieves 40% cost savings with Ascendum Solutions bookkeeping outsourcing

Manhattan Bookkeepers cuts costs 40% with Ascendum Solutions

Manhattan Bookkeepers, Inc., a large accounting firm, was challenged with high overhead costs from its onshore staff in New York. The firm also faced capacity constraints during peak periods, task delays due to client demand, and a lack of standardized processes. They partnered with Ascendum Solutions for its accounting process outsourcing services.

Ascendum Solutions established a dedicated offshore senior accountant and team aligned with the client's workflows. They implemented a process-driven model with standard operating procedures and daily productivity tracking. This solution delivered an estimated 40% cost savings and enabled the onshore team to save 25-30 hours per week. Review corrections were reduced by 35%, and the firm could support a 15% increase in client workload without adding onshore headcount.

Manhattan Bookkeepers, Inc