6 Ways Accountants Can Benefit from Outsourcing
Date published
May 16, 2023
Company
Outbooks
The range of services being offered by accounting firms has never been greater. Coupled with changes to regulation and the pace of digitalisation, the accounting sector is being challenged.
Not only are practices struggling to hold onto their top talent, but they are also struggling to recruit the right talent. Instead of the traditional accounting skill set, practices are now on the hunt for data scientists, technology experts and flexible thinkers.
To combat this issue, some practices have turned to outsourcing. Outsourcing has many benefits for practices – it allows accountants to save money on overhead costs, removes the need to refill head counts, increases the efficiency of those already employed as tasks become automated, and provides an opportunity for growth.
In this report, Outbooks underscore the important opportunity outsourcing poses for the industry, focusing on the ‘what, why, when, where, who and how’ of making outsourcing successful.
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