Handling your finance and accounting needs requires precision and expertise. With complex tax laws, strict compliance rules, and the pressure to deliver timely financial reports, giving these tasks to finance and accounting outsourcing companies is a smart move.
But with so many options, finding the right outsourcing partner can feel overwhelming. That’s why we’ve put together a list of 17 top companies to help you find the best match for your needs.
Top 17 Finance & Accounting Outsourcing Companies (2024)
Let’s discuss the 17 best finance and accounting outsourcing companies to help you make informed decisions.
1. Genius
Genius specializes in connecting you with top finance and accounting talent from the Philippines and Latin America who are ready to work as a natural extension of your team. Our seasoned recruiters get the ins and outs of the finance and accounting world so we can spot candidates with the right qualifications and experience.
We help you cut hiring costs by up to 80% and find the top 1% of candidates who have exceptional skills and are a great fit for your team. Our rigorous screening and assessment procedures guarantee that the candidates we present meet the highest standards of excellence.
Key Services Offered
- Headhunting and hiring top finance and accounting professionals.
- Seamless integration of remote talent into your in-house team.
- CFO services
Industry Expertise
- Tech Startups
- Agencies
- eCommerce Companies
Tech Solutions & Security Measures
- Secure cloud platforms for document sharing
- Optimal data security updates to protect your information
- Advanced matching to find the best candidates
Costs
One-time fee of 25% of the candidate’s first-year salary
Customer Support
- 24/7 email support
- Onboarding support for smooth integration of new hires
2. BPO+
For over 13 years, BPO+ has been a leading provider of finance and accounting outsourcing services with a strong presence in the Middle East and North Africa. They specialize in delivering customized solutions for your business’s unique financial needs.
The company ensures you get high-quality service, whether you need help with bookkeeping, financial reporting, or tax compliance. With over 11,000 candidates placed across 400+ customers, they focus on accuracy, efficiency, and transparency in everything they do.
Key Services Offered
- Comprehensive bookkeeping and accounting services
- Financial reporting and analysis
- Tax preparation and compliance
Industry Expertise
- Retail and eCommerce
- Healthcare and pharmaceuticals
- Hospitality and tourism
Tech Solutions & Security Measures
- Advanced ERP systems for streamlined financial management
- Secure data storage with backups
- Strict cybersecurity measures to protect sensitive financial information
Costs
Custom pricing tailored to the specific needs of your business
Customer Support
- 24/7 email and phone support
- Dedicated account managers for constant guidance
3. Bench
Founded in 2013, Bench is your go-to partner if you own a small or mid-sized business and are looking for reliable finance and accounting outsourcing services. Having served 25,000 businesses, they offer personalized solutions that make managing your finances simple and stress-free.
Bench’s team of over 600 experts handles everything from bookkeeping to tax preparation, giving you all the time you need to focus on growing your business. Their user-friendly platform gives you real-time access to your financial data and makes it easy to stay on top of your business’s financial health.
Key Services Offered
- Bookkeeping and accounting services
- Tax preparation and filing
- Financial planning and analysis
Industry Expertise
- Small businesses and startups
- Real estate firms
- Professional services
Tech Solutions & Security Measures
- Automated financial reporting tools for accurate and timely insights
- Cloud-based platform for easy access to financial data
- Secure data encryption to protect sensitive information
Costs
- Catch-up bookkeeping – $199/mo
- Essential – $249/mo
- Premium – $399/mo
Customer Support
- Email support with quick turnaround times
- 24/7 online chat
4. QX Global Group
Founded in 2003, QX Global Group is a well-established finance and accounting outsourcing provider known for delivering high-quality services. They have 6 delivery centers across 2 countries to help you streamline your financial operations, reduce costs, and improve efficiency.
Their team of 3,250+ experienced professionals across the globe works closely with you to ensure that your financial processes run smoothly and align with your business goals.
Key Services Offered
- Business process management
- Digital automation
- Strategy & consulting
Industry Expertise
- Accounting & audit firms
- CPG & retail
- Public sector
Tech Solutions & Security Measures
- Automated systems for error-free payroll and accounting
- Data encryption
- Reliable financial management software for seamless processing
Costs
Custom pricing
Customer Support
- Phone support during business hours
- Social media
5. RSM Global
With 820 offices across the world, RSM is a global network of experts in assurance, tax, and consulting. They have a strong focus on delivering tailored solutions to help you manage everything from tax compliance to financial consulting.
Their vast network of 64,000+ professionals ensures that you receive expert guidance and support, whether you’re a small business or a large corporation. RSM’s approach combines local expertise with global insights to drive your business forward.
Key Services Offered
- Tax compliance and consulting
- Financial due diligence
- ESG & sustainability services
Industry Expertise
- Financial services
- Real estate and construction
- Healthcare and life sciences
Tech Solutions & Security Measures
- Advanced cybersecurity measures to protect client information
- Integrated financial software for seamless operations
- Encrypted cloud-based platforms for data management
Costs
Custom pricing
Customer Support
- 24/7 online support
- Responsive email
6. Bookkeeper360
Founded in 2012, Bookkeeper360 is a top choice if you own a small business looking to outsource your finance and accounting tasks. They have a 100% US-based team that offers a full range of services, from bookkeeping to payroll management, all designed to simplify your financial processes.
Bookkeeper360 has been featured on Inc. 5000 as one of the fastest-growing companies in the US. Its user-friendly platform gives you real-time insights into your finances and helps you make informed decisions. Their team of experts works closely with you to see that your business stays on track and grows smoothly.
Key Services Offered
- Financial reporting and analysis
- Payroll processing and management
- Bookkeeping and accounting
Industry Expertise
- SaaS
- eCommerce
- Healthcare
Tech Solutions & Security Measures
- Cloud-based accounting platform for easy access to financial data
- Secure data encryption to protect sensitive information
- Automated financial tools for accurate and timely reporting
Costs
- Pay-As-You-Go –$49
- Monthly- $399
- Weekly- $549
Customer Support
- Prompt phone support during business hours
- Email for quick response to queries
7. Artemis Accounting
Artemis Accounting has been a trusted partner in accounting, auditing, and tax services since 2014. They focus on the numbers and compliance so you can concentrate on growing your business. Their comprehensive financial solutions ensure your finances are accurate and compliant, taking the stress out of regulatory complexities.
With Artemis, you can confidently manage your finances, knowing your business is in capable hands and ready to thrive.
Key Services Offered
- Payroll management
- Financial statements
- Assurance services
Industry Expertise
- Small and medium-sized enterprises (SMEs)
- Retail and wholesale businesses
- Service-based industries
Tech Solutions & Security Measures
- Cloud-based
- Secured data storage with regular backups
- Encryption protocols to protect sensitive financial information
Costs
Custom pricing
Customer Support
- 24/7 email support
- Phone support during business hours
8. PayiQ
PayiQ is changing the future of payments through its innovative cloud-enabled architecture. It helps you streamline your payment systems and ensure financial accuracy. PayiQ’s innovative approach combines advanced technology with expert financial services. This makes it easier for you to manage transactions and financial data. With its support, you can improve your payment processes and maintain precise financial records.
Key Services Offered
- Advanced reporting and analytics
- Payment intelligence system
- Financial data management
Industry Expertise
- Startups
- eCommerce
- Financial services
Tech Solutions & Security Measures
- Data encryption and compliance with industry security standards
- Secure payment gateways for smooth transactions
- Real-time financial tracking and reporting
Costs
Custom pricing
Customer Support
- Quick social media response
- Email support
9. Cogneesol
For over 16 years, Cogneesol is providing innovative finance and accounting outsourcing services to help businesses transform their operations and make them ready for the future. They have a team of 1,000+ customers who have served over 500 customers from 15 countries.
Cogneesol’s comprehensive solutions are designed to make your business more efficient, flexible, and prepared for future challenges. With their expertise, you can streamline your financial processes and improve your overall business agility to scale to global markets.
Key Services Offered
- Business process management
- Analytics
- Digital services
Industry Expertise
- Healthcare
- Legal services
- Real estate
Tech Solutions & Security Measures
- Regular security audits
- Data encryption
- Cloud-based accounting systems
Costs
Custom pricing
Customer Support
- Phone support
- 24/7 email response
10. BPM LLP
BPM LLP is a trusted finance and accounting outsourcing partner known for its personalized method and deep industry expertise. They offer a full suite of financial services across 12+ industries, helping businesses manage their accounting, tax, and advisory needs with precision and care. BPM’s team of 1,000+ professionals works closely with you to understand your challenges and provide unique solutions that drive your business forward.
Key Services Offered
- Corporative tax services
- Financial advisory and consulting
- ESG
Industry Expertise
- Nonprofit organization
- Real estate
- Technology and software
Tech Solutions & Security Measures
- Compliance audits to ensure data safety and accuracy
- Data storage with advanced encryption
- Cloud-based financial management
Costs
Custom pricing
Customer Support
- Email support with quick response times
- Phone support during business hours
- Social media
11. KPMG Outsourcing Services
KPMG operates in 143 countries which makes it a global leader in finance and accounting outsourcing, offering top-tier services to different businesses. They combine deep industry knowledge with cutting-edge technology to provide solutions that meet your specific needs.
KPMG’s team of experts helps you navigate complex financial challenges, ensuring compliance, efficiency, and strategic growth. With KPMG, you gain access to world-class financial services that expand your business operations and prepare you for future opportunities.
Key Services Offered
- Financial risk management
- Audit and assurance services
- Tax advisory and compliance
Industry Expertise
- Healthcare and life sciences
- Financial services
- Energy and natural resources
Tech Solutions & Security Measures
- Cloud platforms for data management and reporting
- Strict cybersecurity measures to protect sensitive information
- Financial management software for seamless operations
Costs
Custom pricing
Customer Support
- 24/7 global support via email and phone
- Dedicated client service teams for personalized assistance
- Access to a vast network of industry experts for ongoing support
12. IBN Tech
With 25+ years of experience, IBN Tech is a global leader in finance and accounting outsourcing, with a strong base in India and offices in the US and UK. They offer complete services, from basic bookkeeping to advanced virtual CFO support. I
BN has a team of 250+ highly skilled resources that have served over 10,000+ customers. They ensure that your financial data is accurate and your processes run smoothly, helping you meet compliance needs while significantly lowering your operational costs.
Key Services Offered
- IT services
- Bookkeeping
- CFO services
Industry Expertise
- eCommerce
- Hospitality
- Healthcare
Tech Solutions & Security Measures
- Cloud-based accounting software for real-time financial management
- Automated financial tools for accuracy and compliance
- Encrypted data security to protect sensitive information
Costs
Custom pricing
Customer Support
- 24/7 email support
- Dedicated account managers for personalized support
13. Outsourced CFO
Outsourced CFO provides high-level financial management services for businesses looking to scale. It was founded in 2013 and has served over 1,100 companies across 25 industries in 34 countries.
Their team of experienced CFOs offers strategic financial guidance to help you make the best financial decisions. Whether you need help with financial planning, fundraising, or cash flow management, Outsourced CFO delivers unique solutions for your business.
Key Services Offered
- Strategic financial planning
- Fundraising and capital management
- Cloud accounting
Industry Expertise
- Startups
- Professional services
- Manufacturing
Tech Solutions & Security Measures
- Data encryption to safeguard sensitive information
- Advanced financial modeling tools for accurate forecasting
- Secure cloud platforms for financial data management
Costs
Custom pricing
Customer Support
- Phone and email support during business hours
14. Saviom
For over 2 decades, Saviom has been serving businesses – including Fortune 500 companies – in 50+ countries. offers innovative resource management and financial solutions tailored to meet the unique needs of businesses. Their platform is designed to optimize resource allocation, improve project efficiency, and enhance financial performance.
Saviom’s tools help you manage your resources effectively so that your projects are completed on time and within budget. With a focus on flexibility and scalability, Saviom supports businesses of all sizes in achieving their financial and operational goals.
Key Services Offered
- Resource management and optimization
- Financial planning and budgeting tools
- Project management solutions
Industry Expertise
- Law firms
- IT industry
- Construction industry
Tech Solutions & Security Measures
- Cloud-based security
- Encrypted data
- Advanced analytics for financial and project performance insights
Costs
Custom pricing
Customer Support
- Online email support
- One-on-one account managers
15. Paro
Paro connects you with top-tier finance and accounting professionals. With their strict hiring process, you get access to the top 2% of the talent. Their streamlined process ensures that you get paired with the right resource 20 times faster than most other companies. They use proprietary AI matching algorithms to find your perfect fit across 60+ industries and 250+ skill sets.
They offer a flexible solution for small businesses looking to scale their financial operations. Paro’s network of experts includes CFOs, accountants, and financial analysts who can help you with everything from daily bookkeeping to high-level financial strategy.
Key Services Offered
- Fractional CFO services
- Accounting & Bookkeeping
- Financial planning & analysis
Industry Expertise
- Startups
- Mid-size businesses
- Big accounting corporations
Tech Solutions & Security Measures
- Cloud-based tools for collaboration and data management
- AI-powered matching platform to connect you with the best talent
- Data encryption to protect sensitive information
Costs
Custom pricing
Customer Support
- Phone calls
- Email support
16. Kaseya
Founded in 2000, Kaseya is a leader in providing IT management and financial solutions. They help businesses streamline their operations and improve efficiency. While Kaseya is primarily known for its IT services, it also offers powerful financial management tools that allow you to keep a close eye on your company’s finances. This is a big plus as you can manage both your IT and financial needs from a single platform.
Key Services Offered
- IT management and automation
- Financial management and reporting tools
- Network security and compliance solutions
Industry Expertise
- Managed service providers (MSPs)
- Healthcare organizations
- Financial services
Tech Solutions & Security Measures
- Integrated platform for managing IT and financial operations
- Secure cloud storage with advanced encryption
- Automated compliance and security updates
Costs
Custom pricing
Customer Support
- Online help desk
- Phone support
- Responsive email
17. Pangea Talent Solutions
Pangea Solutions has served 850+ clients in 50+ countries and has filled over 2,000 jobs. With a deep understanding of the energy transition industries, they provide tailored solutions to meet the unique demands of this sector.
Their proven track record speaks for itself. Whether your needs are simple or complex, Pangea Solutions has the expertise and resources to deliver results that make a difference.
Key Services Offered
- Talent acquisition and management
- Custom financial solutions for the energy sector
- Strategic consulting and advisory services
Industry Expertise
- Energy transition industries
- Future mobility
- Transmission and distribution
Tech Solutions & Security Measures
- Secure data management systems
- Constant website updates to ensure compliance and data security
- Advanced recruitment platforms for talent matching
Costs
Custom pricing
Customer Support
- Website form
- Phone support
- LinkedIn mail
How To Start Working With a Finance & Accounting Outsourcing Company
Here’s how you can start working with a finance and accounting outsourcing company.
Step 1: Clarify Your Financial & Accounting Needs
First, pinpoint your financial pain points and figure out exactly where you need help. Are you stuck with bookkeeping, overwhelmed by tax preparation, or struggling to make sense of your financial reports?
Also, consider the size and complexity of your business. A small business needs basic bookkeeping and payroll help, while a larger company will require in-depth financial analysis and budgeting support.
Next, define your outsourcing goals. What do you want to achieve by outsourcing? Are you looking to save time, cut costs, or improve accuracy? Clearly outline your expectations. For example, do you want monthly financial reports or assistance with year-end tax filings?
The clearer you are about your goals, the better equipped you’ll be to find an outsourcing company that can meet your needs.
Finally, plan your internal involvement. Decide who on your team will manage the relationship with the outsourcing company. This person will ensure that the outsourced work aligns with your overall business goals.
Step 2: Identify Potential Outsourcing Partners
Outsourcing has its pros and cons. To get the most out of your outsourcing partners, find companies that specialize in your industry.
Look for outsourcing firms with experience handling the financial needs of businesses like yours. For instance, if you’re in retail, find a firm that understands the specific financial challenges of the retail industry. This specialized knowledge is very important for effective financial management.
Step 3: Review Provider Capabilities and Client Feedback
To find the right outsourcing partner, you need to understand their capabilities and what past clients think.
Check their skills to know if they fit into what you’re looking for. Make sure they offer the specific services you need and have experience working with businesses like yours.
Read what their clients say. Look for reviews and testimonials to see if other businesses had good experiences. Pay attention to what people like and dislike about the company. Ask for examples of their work and request case studies or references from past clients. All this will give you a clearer picture of how they’ve helped other businesses. Talking to these clients directly can provide valuable insights into their reliability and quality of work.
Step 4: Choose the Best Fit for Your Business
Start by comparing the top candidates you’ve shortlisted. Look at how each company’s services align with your specific needs.
Consider factors like their experience in your industry, the range of services they offer, and their approach to customer service. For example, if you need frequent updates and close collaboration, choose a partner known for strong communication and a client-focused approach.
It’s also important to consider the cultural fit. The outsourcing partner you select should understand and align with your company’s values and work culture. This will make you enjoy smoother interactions and better collaboration. Ask yourself how well they understand your business goals and if they’ve shown a genuine interest in helping you achieve them.
Finally, review their pricing and contract terms carefully. Make sure there are no hidden fees and that the terms are flexible enough to accommodate changes in your business needs. After weighing all these factors, choose the partner that offers the best combination of expertise, service quality, and cultural alignment to ensure a successful outsourcing relationship.
Step 5: Schedule Introductory Meetings
Once you’ve chosen a potential outsourcing partner, the next step is to schedule introductory meetings. These are important for setting the foundation of your working relationship. During these meetings, discuss your business’s financial needs in detail and make sure the partner understands your goals. This is also the time to ask any questions you have about their processes, timelines, and how they plan to handle your specific requirements.
Make sure to involve key members of your team who will be working directly with the outsourcing partner. This ensures everyone is on the same page and helps build a strong communication channel from the start.
Use these meetings to gauge how well the partner communicates and whether their approach aligns with your expectations. It’s important to ensure that they are responsive, clear, and willing to collaborate closely with your team. This will help you determine if they are the right fit for a long-term partnership.
Step 6: Agree on Scope, Costs, & Deliverables
For this, outline the exact work to be done. Are they handling daily bookkeeping, monthly financial reports, or annual tax preparation? The more specific you are, the better. This prevents misunderstandings later on.
Next, agree on the costs. Make sure all fees are clear, and there are no hidden charges. Understand what you’ll pay monthly and if there are extra costs for additional services.
Once you know the exact price, set clear expectations for deliverables. Determine when and how you’ll receive reports or completed tasks. With this, everyone knows what to expect, and it helps maintain a smooth working relationship.
Step 7: Set Up Effective Communication Channels
Effective communication with your outsourcing partner is very important. Decide how you’ll keep in touch. Will you use email, phone calls, or video chats? Figure out what works best for different tasks. Slack, for instance, is good for quick messages, but phone calls are better for longer, more important discussions.
It’s also great to plan how often you should check in and meet about projects. This helps everyone stay on the same page. Make sure everyone on the team knows who to talk to. Choose people on both sides to be the main contacts. With this, work will run smoothly, and answers to questions will be prompt.
Step 8: Implement the Outsourcing Partnership
Now, it’s time to put your plan into action. First, help your new partner get settled in. Share all the information they need, like financial data and how your company works.
Introduce your team to the outsourcing team and start delegating tasks. Make sure everyone knows their job and how to work together.
Carefully watch how things go at the start. Check in weekly to see if everything is working as planned. This will help you fix any problems on time.
Step 9: Monitor Results & Optimize the Relationship
It is important to check your outsourcing partner’s performance. Look at how accurate their work is, how fast they finish things, and how it helps your business. If you see any problems, fix them right away.
As we mentioned earlier, check in weekly or bi-weekly to see how things are going and if there’s anything you can improve.
Be ready to change things. As your business needs change, your outsourcing needs will change too. Work with your partner to find new ways to achieve this. With constant monitoring and optimization, your partnership with your outsourcing team will keep getting better.
Conclusion
When selecting finance and accounting outsourcing companies, it’s essential to focus on how these partnerships can improve your business’s financial operations. A well-chosen partner can streamline your processes, ensure compliance, and free up your time to concentrate on strategic growth.
Genius can help you with your outsourcing needs. We specialize in connecting you with top-tier finance talent that seamlessly integrates into your team. Let us help you find the perfect professionals to handle your financial needs. Contact us now to get started.
FAQs
How do I ensure data security when outsourcing finance and accounting services?
When outsourcing finance and accounting, choose a partner with strong data security measures in place. Look for companies that use encryption, secure cloud storage, and regularly updated cybersecurity protocols to protect your financial information.
Can I outsource just a part of my finance and accounting tasks, or do I need to outsource the entire department?
Yes, you can choose to outsource only specific tasks, like bookkeeping or tax preparation, depending on your needs. Many outsourcing companies offer flexible services that let you retain control over certain functions while delegating to others.
What is the typical timeline for onboarding an outsourcing partner?
The timeline for onboarding can vary depending on the complexity of your needs and the provider’s processes. Generally, it can take anywhere from 2 weeks to 1 month to fully integrate an outsourcing partner into your operations
How do I handle communication across different time zones with an international outsourcing partner?
Effective communication across time zones can be managed by setting up everyday standups at mutually convenient times and using collaborative tools for asynchronous communication. Some outsourcing companies also offer 24/7 support for continuous service regardless of time zone differences.
