15 Best Nearshoring Companies To Hire Accountants

Nearshoring is a strategic approach that allows you to tap into top-tier talent without skyrocketing costs.

If you’re looking to hire accountants through nearshore outsourcing, partnering with the best nearshoring companies can offer significant advantages, from accessing specialized skills to improving operational efficiency. 

However, with numerous providers and independent contractors offering varying levels of expertise and services, finding the right fit is not easy.

In this guide, we’ll dive into the advantages of nearshoring accountants, outline the key qualities to look for in a nearshore partner, and list 15 of the best companies that specialize in connecting businesses with top accounting talent. 

Why Should You Use a Nearshore Company To Hire an Accountant?

In many ways, nearshoring is similar to working seamlessly with your in-house staff, all while saving valuable resources and avoiding communication delays. Here are the top benefits of nearshoring that could make it a smart strategic move for your business:

Cost savings

Nearshoring significantly reduces operational costs compared with hiring locally or offshoring. Salaries for accounting roles in Latin America, for example, are considerably lower than in the US, giving you access to skilled talent at a fraction of the price.

Access to skilled talent

Nearshore outsourcing companies have a larger pool of highly qualified accountants with the expertise to handle your financial needs efficiently. These remote professionals are often well versed in international accounting standards and practices.

Cultural alignment

Companies with strong cultural connections see a 37% jump in performance and 36% higher retention. Nearby countries often share similar cultural values and business practices.

Proximity and time zone compatibility

Geographical proximity and similar time zones ensure that your accounting tasks are completed promptly and accurately with fewer delays.

Scalability and flexibility

Nearshore companies allow you to adjust quickly to changing requirements without the long-term commitment and overhead costs of in-house teams.

Lastly, outsourcing accounting functions frees up time and resources, allowing you to concentrate on strategic initiatives and drive business growth.

What Qualities Should You Look for in a Nearshoring Company Specializing in Hiring Accountants?

When evaluating nearshore outsourcing companies to hire accountants, it’s essential to consider specific qualities and best practices. Here are the key factors to look for:

• Relevant expertise: Ensure the company has a proven track record in providing accounting services and employs professionals with the necessary qualifications and experience. 
• Strong reputation: Look for companies with positive client testimonials and high ratings in industry reviews.
• Cultural alignment: Choose a company that shares similar cultural values and business practices to facilitate smooth communication and collaboration, as the alignment can significantly enhance teamwork and productivity.
• Data security standards: The global average cost of a data breach in 2023 was $4.45 million, a 15% increase over three years, according to IBM. Therefore, it’s crucial to verify that the company adheres to strict data protection and security protocols.
• Proximity and time zone compatibility: Choosing a company located in a nearshore region with similar time zones ensures real-time communication and prompt task completion, reducing delays and improving efficiency.
• Scalability and flexibility: Select a company that can scale your accounting team according to your business needs.
• Transparent pricing: Look for companies that provide clear and transparent pricing models so that you can avoid hidden costs and budget effectively.

By focusing on these qualities, you can choose a nearshoring company that will meet your accounting needs effectively and support your business growth.

15 Best Nearshoring Companies for Hiring Accountants

It can be overwhelming to find the right nearshore outsourcing partner to hire accountants. To make it easier, we’ve compiled a list of the 15 best nearshoring companies. 

This list isn’t ranked; we’ve highlighted a mix of firms specializing in accounting recruitment and those with proven experience sourcing accounting talent within their broader nearshore services. 

1. Near

Yes, that’s us! We’ll proudly put ourselves first because we’re passionate about helping startups scale quickly. Near is your one-stop shop for top accounting talent, offering a comprehensive, white-glove service tailored to your specific needs. 

With a vast network of pre-vetted, English-speaking professionals, we guarantee fast, high-quality placements within 21 days. Our transparent pricing and global compliance support take the guesswork out of nearshoring, while our expertise in local markets ensures competitive salaries and smooth onboarding.

2. OP360

OP360 provides extensive back-office support services, including bookkeeping, accounting, and data management. With a decade of experience and a team of over 3,000 agents, it offers 24/7 support and up to 75% cost savings. 

OP360’s global offices are located in Colombia, India, the Philippines, and the US, ensuring wide-ranging and efficient service. 

3. Connext

Connext specializes in building custom offshore accounting teams to manage various accounting functions, including cash flow management, bookkeeping, payroll, and compliance. The company offers full-time staff starting at $1,600 per month, providing expert accountants to handle tasks efficiently and accurately. 

4. Remote Team Solutions

Remote Team Solutions provides outsourced accounting services tailored to meet your business needs. Its offerings include managing accounts payable and receivable, bookkeeping, tax processing, and CPA bookkeeping services. 

The team consists of skilled accountants and bookkeepers who handle everything from bank reconciliation to general ledgers, all from their primary location in Mexico.

5. Solvo Global

Solvo Global, which boasts a 96% customer satisfaction rate, specializes in providing fully vetted and experienced finance and accounting professionals at up to 60% less cost than hiring locally. 

Solvo sources talent based on your needs using targeted job listings. Candidates are screened and selected through in-person interviews and skills testing. Once hired, talent is onboarded using your systems and processes, ensuring a smooth transition.

6. Fusion BPO

Fusion BPO offers a wide range of business process outsourcing (BPO) services that enable clients to focus on their core business strategies. Its financial services include debt collection and restructuring, payroll administration, insurance and mortgage processing, and more. 

7. CoDev

With over 13 years of experience, CoDev offers a comprehensive vetting process for its remote accountants, including English and skills assessments, background checks, and multiple interviews. 

CoDev’s accountants provide versatile services, such as data entry, financial statement preparation, reconciliations, payroll, and more. Annual costs range from $17,000 to $50,000, depending on experience and qualifications.

8. Auxis

Auxis offers comprehensive finance and accounting outsourcing services, including accounts payable, accounts receivable, general accounting, financial planning and analysis, and business intelligence. 

It sources highly educated finance talent from top nearshore markets like Costa Rica and Colombia, ensuring time zone compatibility and strong English proficiency. 

9. VXI Global Solutions

Founded in 1998, VXI Global Solutions has grown into a top provider of customer contact and BPO services. With over 40,000 skilled employees globally, VXI offers comprehensive services, including accounting outsourcing, multilingual support, software development, quality assurance, and infrastructure outsourcing.

10. QXAS

QXAS, based in Mexico, provides nearshore outsourcing services tailored for CPAs and accounting firms. It offers a range of services, including:

• Bookkeeping
• Payroll
• Sales tax preparation
• Audit support
• Financial management

QXAS provides highly qualified, full-time accountants who work in a similar time zone to US businesses to enhance real-time collaboration and communication. 

11. Vaco

Vaco offers specialized talent solutions in accounting and finance, including contract staffing, direct hire, and executive search. It helps companies optimize their talent strategies and assemble teams to achieve both immediate and long-term business objectives. 

Vaco’s global network connects businesses with highly skilled professionals, such as CFOs, controllers, accounting managers, and bookkeepers. 

12. Cadencia

Cadencia specializes in nearshore outsourcing for accounting and finance, leveraging top-tier professionals from Mexico. The company helps US firms address staffing gaps caused by industry shortages. Its services include bookkeeping, payroll, tax preparation, and financial analysis. 

13. SuperStaff

With offices in the Philippines and Colombia, SuperStaff provides access to a vast talent pool, including accountants. The company’s services include dedicated sourcing specialists, scalable solutions, and timely updates throughout the recruitment process. 

14. Vintti

Vintti specializes in nearshore staffing, providing top remote talent from South America at up to 60% lower labor costs than US-based employees. Vintti’s efficient hiring process ensures clients can find a qualified candidate within 14 days. Its services include end-to-end management, from hiring to payment processing. 

15. ECIT

ECIT’s services include accounts receivable and payable, financial reporting, budgeting, and annual reporting and tax services. With expertise in finance, payroll, and IT, ECIT ensures efficient and streamlined accounting solutions. It also leverages advanced technologies, including AI and robotics.

Final Thoughts

Partnering with the best nearshoring company for hiring accountants can significantly enhance your business and cost efficiency. Although any company on our list can potentially be a great nearshore partner, Near stands out for its custom solutions and dedicated service. 

To explore how we can help you build a top-tier nearshore accounting team, fill out this form or book a free consultation call today.