Many St. Louis based CPA firms start out small and eventually grow large enough to consider outsourcing their IT department to a dedicated Managed Services Provider (MSP). Firms as small as 5 employees will benefit from an MSP. But how do you know if outsourcing your IT department is right for you? Consider the following:
CPA firms handle sensitive financial information, and as a result, they have a legal and ethical responsibility to protect that information. Managed IT services can help a CPA firm meet these responsibilities by providing proactive support to help prevent data breaches and cyber-attacks.
Managed IT services can also help CPA firms stay compliant with regulatory requirements, such as the Sarbanes-Oxley Act (SOX) and the Health Insurance Portability and Accountability Act (HIPAA). These regulations stipulate that certain types of financial and medical information must be protected, and managed IT services can help a CPA firm ensure that it is in compliance with these regulations.
In addition, managed IT services can help CPA firms improve their overall efficiency and productivity. For example, managed IT services can help keep the firm’s computers, servers, and networks running smoothly, which can minimize downtime and allow staff to focus on their work. Furthermore, Managed IT services can help CPA firms by providing regular software updates and technical support to keep employees up-to-date with the latest tools, which is crucial to being able to deliver accurate and efficient service to clients.
Overall, CPA firms can benefit greatly from managed IT services because they help protect the firm’s sensitive information, ensure compliance with regulatory requirements, and improve overall efficiency and productivity.