ARTICLE
28 July 2025

Global Businesses Are Reimagining Accounting Through Outsourcing

RA
R. Arora & Associates

Contributor

RAA is a forward thinking accounting practise, a kinship of professionals bound by the common belief in delivering the highest value to its clients. A complete advisory and audit service firm with 38 years of experience serving SME and larger conglomerate clients across the globe. R. Arora & Associates is a CAG empanelled (Category-1) Chartered Accountancy Firm established in 1985.
Read to understand the cost, speed, and talent benefits of outsourcing to India — and what your business could be missing
India Accounting and Audit

Read to understand the cost, speed, and talent benefits of outsourcing to India — and what your business could be missing

In an increasingly competitive and cost-conscious world, finance leaders are re-evaluating how accounting work can get done. Rising staffing costs, long hiring cycles, and increasing compliance burdens have made it harder to maintain efficient in-house finance functions — especially for mid-sized and growing firms.

That's why more businesses globally are exploring outsourcing as a strategic lever, not just a cost-saving measure.

Why Outsource Accounting — and Why Now?

The traditional in-house model often comes with inefficiencies that grow with scale:

  • Long onboarding timelines for finance staff
  • Dependence on a small internal team prone to employee attrition and high cost
  • Inflexibility during high-volume periods (e.g., audits, year-end)
  • High fixed costs, even in lean months

Outsourcing, particularly to countries like India, offers a compelling alternative.

The advantages:

  • Lower costs: Outsourcing can reduce accounting spend by 40–60% without compromising quality.
  • Faster turnaround: Thanks to time-zone advantages, month-end closes and reconciliations can be delivered overnight.
  • Access to talent: India offers a deep pool of accounting professionals familiar with global standards (IFRS, GAAP, US/UK tax frameworks).
  • Scalability: You can ramp up support during busy periods without increasing headcount.

From Cost-Cutting to Competitive Advantage

Forward-thinking companies are no longer outsourcing just to save money — they're doing it to operate leaner, faster, and with more agility.

A UK-based startup we spoke with recently had this realization: while their in-house accountant was stretched thin managing day-to-day finance, reporting and analysis were always delayed. Outsourcing helped them shift routine tasks offshore and free up internal bandwidth for more strategic decision-making.

Another fast-growing US firm managed to eliminate a three-month hiring lag by bringing in a pre-trained offshore accounting resource — one that hit the ground running in a week.

What Should You Look for in an Outsourcing Partner?

As outsourcing becomes more common, the challenge isn't whether to do it — it's who to do it with. The right partner must offer:

  • Global delivery experience
  • Process discipline and data security
  • Flexibility across accounting platforms and standards
  • A reliable point of contact for seamless communication
  • Capacity to scale with your business

Thinking of Outsourcing? Let's Talk.

If you're exploring ways to make your accounting function more efficient, we'd be happy to share how we've helped other businesses make a smooth, secure, and successful transition to outsourced support — without disruption.

Reach out to us if you have any questions. Our team will be happy to have a quick conversation on whether this could be the right fit for you.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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