
infinityglobus
28 Feb 2025
Your accounting firm’s to-do list is growing faster than your team can handle. Client demands are increasing, regulations are shifting weekly, and finding qualified staff feels impossible.
This perfect storm is why accounting outsourcing is growing at 9.3% annually—it’s no longer just a cost-cutting move, but a strategic necessity for CPA and accounting firms wanting to thrive in 2025.
(Source:www.grandviewresearch.com)
But often a critical consideration is understanding the scope of tax, accounting, and audit services that accounting firms can access through remote staffing providers. Having clarity on these specialized offerings can help make strategic decisions about offshoring that align with the firm’s goals, strengthen service capabilities, and drive sustainable growth.
Well, let us explore the core services offered by outsourcing companies for CPA and accounting firms and how partnering with trusted providers like Infinity Globus can unlock your firm’s full potential.
Core Services Offered by Outsourcing Companies for CPA and Accounting Firms
Ending the Bookkeeping Bottleneck: Core Accounting Services
1. Bookkeeping
Imagine reclaiming 15+ hours per week currently spent on transaction coding and reconciliations. With outsourced bookkeeping, your firm maintains oversight while skilled remote professionals handle the daily financial record-keeping that consumes your team’s valuable time.
2. Financial Reporting and Analysis
Outsourcing financial reporting and analysis means your firm gets detailed insights without the extra workload. Your remote partners handle the heavy lifting and provide actionable reports that help you guide your clients more effectively.
3. Payroll Processing
Managing payroll is a big job, but with remote teams on your side, you’re sorted. From calculating pay checks to handling tax withholdings and making sure everything complies with regulations, they ensure everything’s in order.
4. Accounts Payable and Receivable Management
Say goodbye to the headache of tracking invoices and making sure vendors get paid. With outsourced teams handling accounts payable and receivable, you can count on timely payments and smooth follow-ups on outstanding invoices.
5. Budgeting and Forecasting
Let your remote service partners bring their expertise in budgeting and forecasting to the table. They’ll help your clients plan for the future, navigate potential challenges, and set themselves up for success as they grow.
Conquering the Tax Season Anxiety: Strategic Tax Support Services
1. Tax Preparation
Think of your outsourcing partner as your behind-the-scenes tax preparation powerhouse. The ones who are experts at handling everything from gathering documents to filing returns, letting you focus on building effective client relationships.
2. Tax Compliance Services
Keeping up with tax regulations feels like hitting a moving target, doesn’t it? Outsourcing firms stay on top of every change across local, state, and federal laws, ensuring your clients remain compliant while you maintain peace of mind.
3. Tax Planning and Advisory Services
Your clients deserve strategic tax guidance that goes beyond basic compliance. Outsourcing experts work alongside your team to craft smart tax strategies and uncover opportunities for savings that your clients will appreciate.
4. Tax Controversy and Dispute Resolution
When tax audits or disputes arise, you need a steady hand at the helm. Outsourcing firm’s team steps in to represent your clients’ interests, navigate complex proceedings, and work toward favorable resolutions.
5. Estate and Gift Tax Planning
Family wealth transfers shouldn’t trigger unnecessary tax burdens. Offshore team help your accounting firm guide clients through the complexities of estate and gift tax planning, ensuring their legacy remains intact while minimizing tax implications.
Need assistance with tax preparation? Check our latest guide on how you can sail through the tax season challenges seamlessly!
Meeting Audit Deadlines Without Burnout: Specialized Audit Solutions
1. Financial Statement Audits
Outsourcing firms offer financial statement audit services to ensure that your client’s financial records comply with industry standards and regulations.
2. Regulatory and Compliance Audits
Outsourcing regulatory and compliance audits means your clients are always in the clear. Remote service providers specialize in navigating the complex rules and regulations, making sure your clients stay compliant and avoid any nasty legal or financial surprises.
3. Forensic Audits
Forensic audits can help uncover fraud, financial discrepancies, and irregularities. By outsourcing this to experts, you get the support needed to pinpoint and address any issues. You’ll also have all the documentation and evidence you need, just in case legal action becomes necessary.
4. IT and Cybersecurity Audits
With offshoring firms taking care of IT and cybersecurity audits, your firm’s digital infrastructure gets a thorough check-up. These experts help strengthen your security measures, ensuring compliance with evolving cyber regulations and safeguarding your client’s sensitive data.
5. Tax Audits and Reviews
Experienced remote professionals can assist with tax audits, offering strategic advice to mitigate any risks associated with IRS or tax authority reviews.
6. Employee Benefit Plan Audits
Offshore service providers conduct employee benefit plan audits to ensure that your firm adheres to industry-specific rules and regulations.
Beyond the Basics: High-Value Specialized Services for Growing Accounting and CPA Firms
1. Forensic Accounting and Fraud Detection
Remote teams provide specialized forensic accounting services to strengthen your accounting firms’ investigative capabilities. From detailed financial analysis to fraud detection and prevention, these specialists help protect your client interests through systematic examination of financial records.
2. Cost Accounting and Profitability Analysis
Professional remote teams deliver in-depth cost accounting and profitability analysis for your clients. This includes identifying operational inefficiencies, analysing cost structures, and developing data-driven recommendations to enhance business performance and boost bottom-line results.
3. Mergers and Acquisitions Support
Remote specialists provide comprehensive merger and acquisitions support, helping your CPA and accounting firms guide clients confidently through complex transactions while ensuring optimal financial outcomes.
Measurable Advantages of Strategic Outsourcing with Infinity Globus
- Quantifiable cost efficiency- Our clients typically reduce labor costs by 40-60% while maintaining or improving service quality. A 10-person firm saves an average of $350,000 annually when outsourcing 4 key roles.
- Proven productivity gains- Firms using our services report 30% faster tax return completion and 25% more client engagements during busy season.
- Talent access beyond borders- While 82% of US accounting firms report difficulty hiring qualified staff, our clients gain immediate access to CPAs with specialized expertise in high-demand areas like international taxation and cryptocurrency.
- Focus shift to advisory- Firms outsourcing compliance work to Infinity Globus have increased advisory services revenue by an average of 34% within 18 months, with some reaching 50%+ growth.
The Real ROI: Traditional Hiring vs. Strategic Outsourcing
When considering outsourcing, many firms focus solely on hourly rates. But the true ROI comes from understanding the complete financial picture.
Let’s break down the actual annual investment comparison:
Most firms see ROI within 60-90 days of implementation, with productivity gains visible within the first month. A typical 5-person CPA firm can reinvest these savings into advisory services that generate $150,000+ in additional annual revenue.
Want to scale your tax advisory services? Check our latest guide to get started!
Which Service to Outsource First? Recommendations by Firm Size
1. For Solo Practitioners & Small Firms (1-5 Staff)
Start with: Bookkeeping & Payroll Processing
Why it works: Reclaim 15-20 hours weekly while reducing errors by 40%. Our solo practitioner clients typically increase client capacity by 30% within three months.
2. For Mid-Sized Firms (6-20 Staff)
Start with: Tax Preparation & Financial Reporting
Why it works: Firms in this range see the biggest impact from outsourcing seasonal tax work. Our clients in this category completed 42% more tax returns during busy season with 22% fewer overtime hours.
3. For Larger Regional Firms (21+ Staff)
Start with: Specialized Audit Support & Advisory Preparation
Why it works: Larger firms benefit most from targeted outsourcing of specialized functions. Our clients in this category have grown audit revenue by 28% while reducing staff burnout and maintaining quality.
Steps to Successfully Implement Remote Staffing Solutions
- Evaluate your firm’s needs- Identify which accounting, tax, and audit functions are best suited for outsourcing.
- Choose the right partner- Select a reliable outsourcing partner that specializes in CPA and accounting firm services and understands your industry’s unique needs.
- Start small and scale gradually- Begin with a small pilot project, then expand as you see positive results.
- Keep clear communication and defined processes- Establish clear communication channels and standardized workflows to ensure smooth collaboration between your accounting firm and the outsourced team.
Overcoming Remote Staffing Concerns: Practical Solutions
1. Security Risks
- Handling sensitive financial data remotely can raise security concerns.
Solution: Ensure your outsourcing partner uses top-tier encryption protocols, firewalls, and multi-factor authentication. Also, verify that they comply with data protection standards such as GDPR and ISO 27001 to safeguard client information.
2. Quality Control Concerns
- Remote staffing might result in inconsistent quality or delayed tasks.
Solution: Establish clear expectations and regular quality checks through standardized reporting, timelines, and periodic reviews. Effective communication tools like video calls, project management platforms, and collaborative software can help maintain consistent quality.
3. Time Zone Differences
- Differences in time zones may affect timely responses and collaboration.
Solution: Partner with outsourcing firms like Infinity Globus that offer flexible working hours or staggered shifts. Having clear communication about deadlines and expectations ensures that time zone differences won’t cause delays.
4. Lack of Control Over Workflow
- Remote staffing might lead to challenges in managing the team’s workflow and project timelines.
Solution: Implement project management platforms like Asana, Trello, or Monday.com that offer transparency, clear task assignment, and real-time progress tracking. This gives you full visibility into project timelines, making it easier to manage remote teams effectively.
Conclusion
The most successful accounting firms in 2025 won’t be distinguished by whether they outsource, but by how strategically they integrate remote talent into their growth plans. As talent shortages persist and client expectations increase, the question shifts from ‘Should we outsource?’ to ‘Which functions will deliver the greatest ROI when outsourced?’
The firms that answer this question correctly will find themselves with more capacity for advisory services, better work-life balance for partners, and ultimately, a more sustainable growth trajectory.
Ready to scale your accounting firm with remote staffing?
Contact Infinity Globus today to explore tailored outsourcing solutions that can drive your firm’s growth and success!
FAQs
1. How much do accounting outsourcing services cost?
Ans- Costs vary based on the scope of services required, but outsourcing typically reduces operational expenses compared to in-house hiring.
2. What size business should use accounting outsourcing?
Ans- While all businesses can benefit, small to mid-sized CPA firms often see the greatest advantages in cost savings and flexibility from outsourcing.
3. Is accounting outsourcing safe and secure?
Ans- Yes, accounting outsourcing is safe when partnering with trusted outsourcing companies like Infinity Globus that use secure data protocols and comply with relevant industry regulations.
4. How do I choose the right outsourcing partner for my accounting firm?
Ans- Look for outsourcing companies with a proven track record in the accounting industry, expertise in the services you need, and robust data security practices. It’s also important to assess their communication processes and ability to scale with your firm’s growth.
5. Can remote staffing improve my firm’s profitability?
Ans- Yes, by reducing overhead costs, improving operational efficiency, and enabling your firm to scale quickly, remote staffing can significantly boost profitability.
6. Can remote staffing handle complex accounting tasks?
Ans- Yes, experienced offshore partners can manage complex tasks, including tax planning, forensic accounting, mergers and acquisitions, and financial reporting, allowing you to provide expert-level services to your clients.
7. How does Infinity Globus ensure data security for my firm?
Ans- Infinity Globus prioritizes data security by using top-tier encryption protocols, multi-factor authentication, and is also compliant with international standards like GDPR, ISO 27001, and SOC 2 by which your client’s data always remain protected.
8. Can Infinity Globus support my firm’s specific accounting needs?
Ans- Yes, Infinity Globus offers a wide range of services, from basic bookkeeping and payroll processing to advanced tax planning, auditing, and forensic accounting, scaling services to meet the unique needs of your firm.