The Top 11 Finance and Accounting Outsourcing Companies in 2025

Finance and accounting require a high level of experience and precision. Complex tax regulations, demanding compliance standards, and the need for timely financial reporting have led many companies to outsource these functions to specialized providers.

Searching for a finance and accounting outsourcing partner can be challenging, though, with so many options available. We’ve compiled a list of 11 top finance and accounting outsourcing companies to help you find the partner that best fits your needs.

But first, we’ll start with a brief overview of what finance and accounting outsourcing is and how to know whether it’s the best solution for you.

What Is Finance and Accounting Outsourcing?

Finance and accounting outsourcing involves hiring external service providers to manage your finance and accounting processes. Outsourcing these tasks can benefit you by reducing costs, improving compliance, providing access to expert skills, and allowing your internal teams to focus on core business activities.

For a more comprehensive discussion, including a deeper dive into the benefits of this approach, check out our full guides on finance outsourcing or accounting outsourcing. 

Is Outsourcing Finance and Accounting Right for Your Business?

Deciding whether to outsource finance and accounting functions depends on several factors. Here are considerations that can help gauge if it’s the right move:

Business size and complexity

If your business is growing rapidly and the complexity of financial transactions is increasing, managing everything in-house may become too burdensome, leading to errors and inefficiency. Outsourcing can bring the needed expertise and scalability.

Available resources

Maintaining an in-house accounting team comes with inherent costs, such as salaries, benefits, and training. If you are working with limited resources or trying to optimize back-office functions to lower overhead, outsourcing may offer a more cost-effective solution without compromising on the quality of service.

Employee workload

If your staff is already stretched thin—and wearing multiple hats or spending too long on simple tasks—handing off some finance and accounting functions can free up time to focus on what matters most for your business growth and development.

Organizational expertise

Outsourcing can be a viable option if you recognize a skill gap within your organization, particularly in areas that require specialized knowledge, such as:

• Tax laws
• Regulatory compliance
• Cash flow management
• Sophisticated financial analysis

Instead of training an in-house employee, you can gain immediate access to expertise through finance and accounting providers.

Risk tolerance

Assess your company’s risk tolerance regarding financial errors and compliance risks. Outsourcing can be an effective risk management method, especially if your staff lacks experience in finance and accounting tasks.

Finance and Accounting Functions You Can Outsource

Whether your business is large or small, here are some specific functions that can be effectively outsourced to professional service providers: 

Bookkeeping

Outsourcing bookkeeping services—including day-to-day transactions and account reconciliation—can save your business time and ensure accurate financial records. 

Payroll processing

Payroll processing is both time-consuming and complex, involving employee records, salary calculations, tax deductions, and labor law complications. Outsourced accounting experts will make sure your employees are paid on time while complying with all regulations. 

Accounts payable and receivable

Efficiently managing your accounts payable and receivable helps maintain good supplier relations and ensures a steady cash flow. An outsourcing partner can handle invoice processing, payment tracking, and collections, freeing up internal resources for other activities. 

Tax preparation

Outsourced tax-related functions can help ensure accurate filings, minimize your liabilities, and keep your business compliant with local, state, and federal requirements. 

Financial reporting

Producing regular financial reports helps you monitor business performance and make informed decisions. Experienced providers can provide not only high-quality reports but also actionable insights based on their experience in the accounting outsourcing industry. 

Audit support

Preparing for (or undergoing) financial audits is extremely resource-intensive. Outsourced providers can help your business get audit-ready by organizing your financial records, providing necessary documentation, and supporting you throughout the process. 

Financial analysis

Outsourcing financial planning and analysis (FP&A) allows you to gain deeper insights into your company’s overall financial health. Professional financial analysts can perform ratio analysis, trend analysis, and other data-driven evaluations to help you make strategic decisions. 

Controller services

A controller oversees the financial and accounting functions within a company, ensuring accuracy and integrity. Normally a full-time, in-house role, controllers are also available on a fractional basis as part-time, remote support staff to help with month close or seasonal growth periods. 

Top 11 Best Finance and Accounting Outsourcing Providers

We’ve compiled a list of 11 companies that can help businesses of various sizes outsource their finance and accounting needs. The list is in no particular order, as each provider is capable, reputable, and professional. 

1. Near

Yep, we’re putting ourselves at the top. Although we aren’t a direct provider of finance and accounting services, Near helps companies find, hire, and pay top-notch finance and accounting professionals in Latin America (LatAm). 

These experts work as an extension of your in-house team, meaning you enjoy the cost benefits of outsourcing but with a significant advantage—greater control and oversight over processes and outcomes.

Just ask Snap Diagnostics, who hired 11 roles, including a Senior Staff accountant, with our help in just 19 days. They saved a total of $391,000 in annual salaries, letting them reinvest in growth. 

2. IBM

IBM has long outgrown its image as merely a computer company, evolving into a behemoth of tech innovation. Its consulting and outsourcing branch leverages the company’s cutting-edge technology to provide an extremely modern and efficient workflow for finance and accounting functions. 

With advanced analytics, artificial intelligence capabilities through Watson, and process automation tools, IBM offers a comprehensive package for financial outsourcing. 

3. Auxis

Auxis is a full-service back-office outsourcing solution catering primarily to mid-market and enterprise-level clients. It offers tailor-made finance outsourcing services, capitalizing on a combination of deep industry knowledge and practice expertise. 

Auxis handles traditional accounting functions and more complex FP&A, with a strong focus on technology. It emphasizes process optimization through automation, employing tools and platforms that reduce manual intervention. 

4. Bookkeeper360

Bookkeeper360 is a terrific option for US-based small businesses seeking dedicated accounting support. It has tailored its professional outsourced accounting and financial services specifically to cater to the unique demands of SMEs.

Specializing in cloud-based accounting solutions, Bookkeeper360 integrates with platforms like Xero and QuickBooks to offer real-time financial insight, which is crucial for the fast-paced environments common among small businesses. 

5. AccountingDepartment.com

AccountingDepartment.com provides an entire expert team dedicated to managing various finance and accounting tasks for your business.

With a focus on serving small and medium-sized businesses, AccountingDepartment.com offers comprehensive services, including everything from daily bookkeeping and advanced accounting to controller services and strategic planning.

6. IBN Tech

No, not IBM again—this time, it’s IBN, a global finance and accounting outsourcing firm based in India but with offices in the US and UK. 

Offering everything from simple bookkeeping to virtual CFO services, IBN ensures that your financial data is accurate, your processes are streamlined, and your compliance needs are squarely met—all while helping you cut operational costs.

7. KPMG

KPMG is a global leader in audit, tax, and advisory services. Its finance and accounting outsourcing solutions cover everything from bookkeeping and payroll to complex tax compliance and financial analysis. 

Extensive industry knowledge and global reach ensure that KPMG delivers top-tier service tailored to each client’s unique needs. 

8. Deloitte

Deloitte offers comprehensive finance and accounting outsourcing services designed to enhance performance and compliance. As one of the leading accounting firms in the world, its services include everything from financial reporting to CFO advisory services. 

Deloitte’s innovative solutions make it a valuable partner for businesses trying to optimize their finances. 

9. PwC (PricewaterhouseCoopers)

PwC is renowned for its extensive range of professional services, including finance and accounting outsourcing. With experience in industries like media and entertainment, energy, and banking, its commitment to quality and adherence to the highest standards of compliance never falters. 

10. BDO 

BDO provides a wide range of outsourced finance and accounting services tailored to meet the needs of both large enterprises and smaller businesses. 

Its offerings include bookkeeping, payroll, tax compliance, financial reporting, and audit support. BDO’s personalized approach and deep industry expertise ensure high-quality service delivery.

11. Accenture

Accenture delivers cutting-edge finance and accounting outsourcing services leveraging advanced technologies and deep industry knowledge. Its services include automated bookkeeping, payroll, tax services, financial reporting, and strategic financial advisory. 

Accenture’s innovative solutions help businesses enhance efficiency and drive growth.

5 Best Countries To Outsource Finance and Accounting Roles

When choosing a country to outsource these roles, it’s important to consider factors such as the local talent pool, cost effectiveness, time zone compatibility, and the level of technological infrastructure. 

Here are five of the best countries to consider for outsourcing finance and accounting:

1. Mexico

Mexico is an attractive destination for outsourcing finance and accounting roles due to its proximity to the US, making it a convenient location for companies seeking time zone compatibility and ease of communication. 

The country has a strong pool of bilingual accountants, and its lower cost of living (despite its robust business infrastructure) makes it an efficient outsourcing option.

2. Argentina

Argentina is another excellent option in LatAm for outsourcing finance and accounting roles. The country has a well-educated workforce with the highest English proficiency in the LatAm region (higher than many European countries). 

Competitive cost structures and high-quality service offerings make Argentina an attractive outsourcing destination.

3. Colombia

Colombia has emerged as a leading outsourcing destination in LatAm, supported by a growing tech and service industry. The country offers a highly educated workforce with expertise in finance and accounting. 

Colombia’s favorable business environment, competitive labor costs, and relatively close location provide excellent advantages for US companies looking to outsource finance and accounting functions.

4. Brazil

Brazil boasts a large, skilled workforce with significant expertise in finance, accounting, and related fields. The country’s economic strength and well-developed business infrastructure enhance its appeal as an outsourcing destination. 

Although language can be a barrier, English proficiency in the nation is on the rise, particularly among professionals in finance. Brazil’s time zones overlap with parts of the US, which also facilitates efficient communication.

5. India

India remains one of the top global destinations for outsourcing finance and accounting roles due to its massive talent pool and low labor costs. Indian outsourcing firms offer a wide range of services, from bookkeeping and payroll processing to complex financial analysis and tax compliance. 

However, US companies will have to deal with a significant time difference, which could lead to misunderstandings or poor communication. 

Final Thoughts

As we’ve explored, there are robust outsourcing options for your financial and accounting needs, each with potential advantages depending on your business size and industry requirements. 

With Near, you can scale your team flexibly, affordably, and with high-quality accounting talent. By hiring remote finance and accounting professionals from LatAm, you can save 30–70% over hiring within the US—without sacrificing quality. 

Book a free consultation call today to explore this innovative approach to optimizing your finance and accounting operations.

Frequently Asked Questions

What are the challenges of outsourcing accounting?

One potential challenge of outsourcing accounting is the risk of data security and confidentiality breaches, as sensitive financial information is shared with a third party. Additionally, companies may experience a loss of direct control over financial processes and rely heavily on the outsourcing partner’s reliability.

Thoroughly vet your outsourcing provider before signing any contract, and ensure that they have up-to-date security measures. 

Can you outsource a CFO?

Yes, you can outsource a CFO through fractional CFO services or virtual CFO firms. This allows you to benefit from strategic financial leadership without the cost of a full-time executive. Outsourced CFOs provide high-level financial planning, oversight, and strategic advice tailored to your company’s needs.

Do accounting firms outsource?

Yes, accounting firms sometimes outsource certain accounting and finance tasks to take advantage of cost savings and focus more on their core financial activities. Given that 42% of accountants turn away work because of staff shortages, outsourcing can also be a strategic solution to fill talent gaps.

Some of the financial services most commonly outsourced by accounting firms include bookkeeping, payroll, accounts payable and receivable, and financial reporting.