The Smart Cost Efficiency Move Swiss Directors Are Making To Save 50% On Bookkeeping Fees

The Smart Cost Efficiency Move Swiss Directors Are Making To Save 50% On Bookkeeping Fees

We had a lot of conversations with Founders, Directors, and Managing partners last year - and more and more we heard one message loud and clear - cost efficiency is top of mind.

With the drive for cost efficiency, even long-standing processes and practices are being examined for opportunities to optimise, and we saw one in particular rise to the top of the class. 

Traditionally, Swiss companies have relied entirely on Treuhand firms for everything from booking and invoicing to VAT and expense management. Which is not a problem in itself - but it is an expensive way to do some of the less technical aspects of the role.

The Challenge

Most companies still trust their existing Treuhand for complex financial matters like year-end closing and compliance - and we would never suggest doing anything differently - in fact, this is exactly what we do ourselves.

But using a Treuhand with fees of CHF 120.00/hour is an expensive (and sometimes slow) way to manage the less technical tasks from booking and invoicing to VAT, expense management and even payroll.

The Shift

So the question is - is there a way to have these tasks completed with the same quality but at lower costs? In short - the answer is yes.

Last year, we saw more and more demand for freelance book-keepers with Swiss expertise and familiarity with local accounting software like bexio AG . Talent that is available at rates between CHF50-70/hour, rather than the CHF120/hour of the Treuhand.

The Result

This shift isn’t just about cost-cutting - although a 50% reduction isn’t bad. It’s about efficiency. Treuhand firms often operate on rigid structures, with slower turnaround times and a lack of transparency in how hours are billed. Freelancers, on the other hand, offer agility, adapting to a company’s working schedule and processes.

Companies are re-evaluating where their money goes, and financial admin is an easy place to start. Keeping high-value work with the Treuhand makes sense. But paying premium rates for routine tasks just doesn’t.

Curious how this might work for you?

Over the past five years, we’ve been working with multiple Swiss clients to help them find top-quality freelance book-keepers with the right expertise. Now, we’ve built a strong network of financial professionals who understand Swiss regulations, work seamlessly with Bexio and other accounting tools, and provide high-value financial support without the price tag.

Reach out to us for a short discussion on where you might find efficiencies in your process.


Zahidul islam

Helping business owners create sustainable & scalable businesses through high-performing teams and Streamlined Operations | Founder, YM IT

2mo

Super valuable read! 📚

Like
Reply
Paula Kokare

A boutique freelance platform connecting organizations with hand-picked freelancers, ready to make an immediate impact (Let's talk!) | Co-founder @ Houston & Ko

6mo

Claire, this all thanks to the amazing teammates we have! What a blessing 😇

To view or add a comment, sign in

Others also viewed

Explore topics