Give your bookkeeper "view-only" access to bank accounts. They do not need the authority to transfer funds or wire money.
Outsourcing your bookkeeping offers excellent efficiency, but it also exposes your sensitive financial data to external environments. Evaluating the security of an outsourced bookkeeping operation requires looking at physical, digital, and operational safeguards.
Regularly review the audit trail in your accounting software to see exactly what changes your bookkeeper is making. how secured is your outsourced bookkeeping operations?
Human error and insider threats are the leading causes of data breaches.
Providers should use 256-bit SSL/TLS encryption for data in transit and AES-256 encryption for data at rest. Give your bookkeeper "view-only" access to bank accounts
An international standard for managing information security.
Comprehensive criminal and employment background checks for all staff handling financial data. Providers should use 256-bit SSL/TLS encryption for data
If you operate in the EU or handle medical financial data, your provider must comply with these specific privacy laws. ⚠️ Red Flags to Watch Out For