Outsourcing Services in Finance and Accounting Industries

Free your finance and accounting team from repetitive, time‑consuming tasks through outsourcing in the finance and accounting industry. Our dedicated remote professionals manage high‑volume, detail‑critical financial operations with efficiency and compliance. This approach reduces the strain of rising inflation, helps control growing technology costs, and alleviates employee retention challenges.

The global finance and accounting outsourcing industry is poised for strong expansion, valued at approximately $65.2 billion in 2025 and forecast to surpass $120 billion by 2035. As organizations face growing challenges in regulatory compliance, technology integration, and talent shortages, outsourcing emerges as a strategic enabler of efficiency, resilience, and scalability. Innovature, with over a decade of finance and accounting outsourcing expertise, empowers firms - especially CPA firms navigating post-2025 cost and talent pressures to optimize operations, strengthen financial performance, and transform back-office functions into strategic advantages.

Comprehensive Finance and Accounting Outsourcing Services

Accounting Services

General Ledger Accountant: Journal entries, account reconciliation, accruals, month-end and year-end closing, and financial reporting, ensure accurate books, compliance with accounting standards, and clear insights for better decision-making
AP / AR Processing Specialist: Invoice processing, vendor and customer management, payment processing, collections, reconciliations, and aging reports; ensuring accuracy, efficiency, and strong cash flow management.
Bank & Account Reconciliations/ Reconciliation Specialist: Ensuring accuracy between financial records and statements, identifying discrepancies, preventing errors, and strengthening internal controls for reliable financial reporting.
Payroll Processor: End-to-end payroll processing services ensuring accuracy, compliance, and timely employee payments.

Admin & Operational Assistance

Document Indexing & File Management Assistant: Organized document indexing and file management services to ensure accuracy, accessibility, and streamlined records.
CRM & Timesheet Data Entry: Accurate CRM data entry and efficient timesheet management to streamline workflows, improve productivity, and ensure reliable reporting.
Client Onboarding Coordinator: Efficient onboarding coordination, managing documentation, compliance checks, and workflow setup to deliver a seamless transition and outstanding first impression.
Calendar & Task Scheduling/ Calendar Management and Meeting Scheduling (Calendar Coordinator, Executive Assistant): Professional calendar and task management services, including deadline tracking, reminders, seamless scheduling, and meeting coordination to optimize executives’ and teams’ time.

Financial & Advisory Support

Budgeting & Forecasting Support (Financial Planning Assistant or FP&A Support Analyst): Comprehensive budgeting and forecasting support to streamline financial planning, variance analysis, revenue projections, cost management, cash flow forecasting, and performance tracking, empowering smarter decisions and sustainable growth.
Management Reports/ Financial Analyst (FP&A Analyst, Reporting Specialist, or Business Intelligence Analyst): Expert management reporting and financial analysis services, delivering data-driven insights through KPI dashboards, variance analysis, business intelligence, performance reporting, and executive presentations, empowering leadership with clear, actionable financial visibility.
Financial Statement Drafting (Financial Reporting Associate or Financial Statement Preparer): Accurate and compliant financial statement drafting services, including balance sheet preparation, income statement reporting, cash flow analysis, footnote disclosures, and GAAP/IFRS compliance, ensuring clarity, transparency, and reliability in financial reporting.

Tax Services

Individual Tax Preparation Specialist (Tax Preparer, Personal Tax Associate, or Tax Consultant): Expert individual tax preparation services, including accurate filing, income tax return preparation, deductions and credits optimization, IRS compliance, and year-end tax planning, delivering accuracy, efficiency, and maximum savings.
Sales Tax Return Specialist (Sales Tax Accountant, Indirect Tax Associate, or Tax Compliance Specialist): Expert sales tax compliance services, including accurate preparation and filing of state and local sales tax returns, reconciliation of sales tax liabilities, management of multi-state nexus requirements, and timely reporting, ensuring full compliance with U.S. indirect tax regulations.
1099 / W-2 Processing Specialist (Payroll Tax Compliance Assistant or Year-End Reporting Coordinator): Comprehensive year-end payroll tax compliance services, including accurate preparation, reconciliation, and filing of 1099 and W-2 forms, employee wage reporting, IRS and state e-filing, and deadline management, ensuring full compliance with U.S. payroll tax regulations.
Tax Data Entry & Review Specialist (Tax Processing Assistant or Tax Documentation Analyst): Accurate and efficient tax data entry, documentation review, and validation services, ensuring error-free tax forms, organized records, and compliance with IRS filing requirements through meticulous data verification and reporting support.

Audit Support Services

Workpaper Preparation / Data Entry Clerks for Audit Evidence (Audit Support Assistant or Audit Documentation Clerk): Specialized workpaper preparation and audit documentation support, organizing financial records, performing accurate data entry, and compiling audit evidence to ensure compliance, transparency, and efficiency in external and internal audits.
PBC List Tracking Coordinator (Audit Support Coordinator or Client Document Tracker): Efficient PBC List tracking and audit support, coordinating client document requests, monitoring deliverables, and ensuring timely submission of audit evidence to streamline communication and enhance audit readiness.
Internal Control Testing Support (Internal Controls Assistant, SOX Testing Support, or Audit Controls Analyst): Comprehensive internal control testing support, assisting with SOX compliance, control documentation, walkthroughs, and testing procedures to ensure regulatory compliance, strengthen governance, and support audit readiness.
Confirmation Requests Specialist (Audit Confirmation Coordinator or External Confirmation Assistant): Efficient management of audit confirmation requests, coordinating external confirmations with banks, customers, and vendors, ensuring accuracy, compliance, and timely response to support audit procedures and financial statement reliability.

We have experience hiring Finance and Accounting staff with a wide range roles such as:

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Industry Challenges

Technology Investment

Accounting firms have significantly increased technology spending—rising from 3.89% to 5.25% of total revenue between 2015 and 2024—but productivity returns have lagged behind. Despite adopting automation and intelligent tools, most firms lack proper training and integration, leading to higher costs without proportional efficiency gains.

Compensation Spiral

Personnel costs have surged due to talent shortages and a shrinking pipeline of accounting graduates. Salaries across levels, especially for partners, have skyrocketed, consuming over half of firm revenues and limiting investment capacity in growth and technology. This trend poses major threats to profitability and long-term sustainability.

Inflation Challenge

Even as revenues grow nominally, inflation-adjusted income per employee is declining. Firms struggle to raise prices fast enough to match rising operational expenses, especially in high-cost or price-sensitive markets. This pressure erodes margins, restricting firms’ ability to invest or expand strategically.

Why Leading Practices Choose Our Services

Deep domain expertise in accounting and finance

Available CPA and ACCA Certified Talent Pool

Experience with US GAAP (Generally Accepted Accounting Principles) compliant accounting software: Quickbooks, NetSuit, Sage, Xero, Microsoft Dynamics 365 Finance, Zoho Books.

Experience with IRS codes (International Financial Reporting Standards) accounting softwares: Delta IFRS 17 Software

Secure, cloud-enabled, and cost-effective service delivery

ISO 27001 certified and GDPR committed processes safeguard confidentiality and compliance at every stage.

Cloud based operations (Managed on secure platforms Win360Enterprise, M360 Business Premium)

Enterprise‑Level Protection – VPN connectivity, strict access controls, and physical firewalls to defend against unauthorized access.

Unmatched flexibility & coverage for for tax season, audits, and year-end crunches

Our flexible resourcing model enables you to ramp up quickly - add up to 20 experienced FTEs in just 2 weeks and scale back just as fast when volumes ease.

Seamless U.S. time zone support with full overlap shifts or partial overlap / overnight turnaround (Send work end‑of‑day and have results waiting by morning)

Proven expertise & quality you can trust

90%+ client satisfaction rate with accounting firms

100+ skilled professionals, with 65% in senior roles

In‑depth knowledge of CPA firm operations, workflows, and busy‑season pressures

Advanced proficiency in U.S. GAAP, IFRS, and accounting technology platforms

Our Expert E-Guide

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Frequently Asked Questions (FAQs)

1. What holidays and paid leaves must clients provide to Innovature staff?

We can align staff schedules with U.S., Australian, or Vietnamese holidays based on client requirements.

2. How does Innovature ensure work is completed when a staff member is absent?

We have established procedures and backup protocols to ensure all tasks are completed on time, even in cases of staff absence.

3. What security measures does Innovature have in place to protect client information?

Innovature is ISO/IEC 27001:2022 certified, ensuring world-class information security standards.

4. What SLA does Innovature provide to guarantee accuracy?

We maintain internal SLAs; however, we create customized SLAs for each client to align with their specific needs and expectations.

5. What if a client decides a team member is not a good fit?

Depending on the situation and level of concern, immediate termination or a 30-day notice period may be required.

6. How will Innovature notify a client if a team member leaves?

We use email, Teams calls, and our Attendance Tracking System to provide timely updates. Leave notifications vary from one day to one month in advance, depending on the type and length of leave. Voluntary resignations require at least 30 days’ notice.

7. How does Innovature ensure its team understands client processes?

A dedicated account manager coordinates weekly check-ins, monthly process reviews, and bi-annual performance reviews. This ensures continuous alignment, learning, and improvement. Staff can also participate in on-the-job training, take on advanced responsibilities over time, and conduct site visits to client locations in the U.S. or other regions when required.

8. Can you describe Innovature’s Account Management model?

Yes. We operate with three layers of management to ensure efficiency and accountability:

Executive Leadership – Innovature’s Board of Directors serves as the highest level of contact.
Leadership – The BPO Service Manager oversees overall operations, SLA performance, and infrastructure.
Management – Team Leads handle daily operations, workload management, and performance delivery.

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