Our Advantages
Location : Service > Our Advantages
Items | Zhongwang | Other Accounting Firms | Full-Time Accountant | Part-Time Accountant |
Fee levels |
Equivalent |
Equivalent |
— | — |
Personnel cost | Low (contract based service charges) | — | High (employee full benefits and unexpected expenses are needed) | — |
Technology cost | Low (free software and training courses included) | None | High (software purchase, upgrade and maintenance) | — |
Expertise level | High (familiar with various industries and risk areas and ensure business activities' pre-planning and post internal adjust accounts) | Restricted in bookkeeping and tax declaration | Average ( limited experience and skills) | Varies, usually limited to bookkeeping and tax declaration. |
Team | One-on-one customer service supported by a team | Too specialized operation, accountant seldom interacts with clients face to face. | Limited (limited capabilities constraining business expansion) | Limited (limited capabilities constraining business expansion) |
Personnel turnover | Low (stable team is based on our culture and professional management) | High (high intensity of workload, and high turnover) | High (conflict of interest between business owners and employees; employees get recruited by other firms) | — |
Business continuity | Long term partnership (can provide business and financial consulting service and strengthen back office management along with companies' growth) | As most clients are new businesses, difficult to manage financials along with the company growth. | Personnel change (lack of continuity leads to unresolved financial issues from the past, and challenges to HR) | Personnel change (unreliable service hours, and impossible to manage financial along with company's growth) |
Data security | Guaranteed (business interest is dealt by financial management team) | — | Insecurity (conflicts of interest between personnel and managers) | Insecurity (conflicts of interest between personnel and managers) |
Service promises | High (corporate governance) | — | Low (individual operation, problems are dealt by the companies) | Low (individual operation, problems are dealt by the companies) |
Service management system | A whole system of service management is in place. | — | — | — |