solutions

why socket? Socket Managed Services is not your typical outsource solution. The Socket team becomes yours. Literally. Our services are NOT provided on-line, nor are we remotely located hundreds or thousands of miles away from your corporate offices. Rather, we become your company’s back office / administrative office location; creating a seamless integration between your organization and ours. Socket Managed Services provides companies with an entire dedicated team of experienced professionals with a level of expertise not normally found and otherwise cost prohibitive for most companies. Working with Socket, businesses are fully supported with a staffed office at a fraction of the cost, and provided access to significant experience. There are many hidden costs associated with the hiring and management of an administrative team. Some of these costs include, employment agency fees, payroll taxes, additional office space, additional office equipment (computers, printers, phones, etc.), employee training, voluntary and statutory benefits (health, dental, life, worker’s comp, etc) and many more. None of these costs are applicable when working with Socket Managed Services. Aside from the reduction of financial and operational expenses, the true value of working with Socket as your complete back office service provider is the expertise we provide in all critical financial and operational areas of your business. This includes: Actively helping companies achieve key financial results, manage cash flow, and analyze profitability. Providing high-end accounting services such as financial analysis, discussion, and the delivery of time critical reports. Assist in generating information and financials necessary for potential investors, business plans, loan acquisitions, or for meetings with partners or investors. Socket provides all of this financial information to enable companies to make business decisions without the headache and cost of hiring and managing a dedicated staff. As a result, your business will operate effectively with accurate, up to date books, and you will be able to make better business decisions to succeed at what you do best. benefits of outsourcing Every organization has limits on the resources available to it. Outsourcing permits your company to redirect its resources from non-core activities to ones that will help grow and improve the overall health of your company. True outsourcing is more than just an extension of your company. By choosing Socket, you are provided with a team of professionals along with their experience and ideas. Every Socket team member works for you as if they were a part of your company. Training and maintaining an administrative staff becomes a thing of the past. In summary, Socket can: Reduced Overhead Freeing up resources to improve company focus on your core business. Reducing and controlling operating costs Avoiding capital expenses Improving efficiency Getting access to specialized skills Saving on manpower and training costs Significant personnel cost savings Higher quality administrative employees Increasing customer satisfaction Reduce risk