An Overview of the Best Finance and Accounting Outsourcing Companies
The top finance and accounting outsourcing companies are TOA Global, Near, Accenture, BDO, and IBM. Each firm brings a focused delivery model (i.e. offshoring) with no blending in between.
Curious which model suits your firm best? Dive into our list to find the right fit for your goals.
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The finance and accounting industry is under immense pressure; firms are juggling tighter margins, evolving client expectations, and a persistent shortage of qualified talent. In a field built on precision and deadlines, these challenges aren’t just inconvenient but downright disruptive.
This is why more and more firm owners are turning away from patchy solutions—ones with no backup and no integration—to more long-term, sustainable ones, like finance and accounting (F&A) outsourcing, which has consistently proven to be smart, scalable, and highly efficient.
Here’s the kicker, though: Not all outsourcing providers are created equal. That’s why we’ve done the legwork for you, narrowing it down to five standout names in the world of finance and accounting outsourcing. Before we dive in, let’s clear up a few key questions.
What is Finance and Accounting Outsourcing?
Finance and accounting, or F&A outsourcing, is all about handing off your firm’s accounting tasks like bookkeeping, payroll, or financial reporting to a trusted external team, typically based offshore or nearshore.
F&A outsourcing is not just a trend—it’s big business. In fact, the global F&A outsourcing market is projected to hit USD 75.2 billion by 2030, growing steadily at a 6.2% annual rate.
So, why the boom? Well, for starters, firm owners are feeling the crunch: Talent is hard to find, in-house teams are exhausted, and costs keep rising. Outsourcing has emerged as a powerful way to close skill gaps, streamline operations, and keep your focus where it matters most—on your clients and your firm’s growth.
Should You Choose Outsourced Finance and Accounting?
F&A outsourcing is a strategic move—especially for firms facing talent shortages, rising costs, compliance demands, or seasonal workload spikes. It’s also a smart solution when in-house teams are buried in low-value, repetitive tasks instead of focusing on growth-driving work.
But, success depends on choosing the right outsourcing model. Many firms default to siloed vendors or solo contractors, only to face disjointed workflows, errors, or high turnover. Get the model wrong, and you risk burning time, budget, and trust. The key is to outsource strategically, especially with a partner built for long-term impact.
Once you’ve chosen your outsourcing model, you can proceed to delegating your finance and accounting functions. Let’s break down the key areas you can confidently hand off.
Which Finance and Accounting Functions Can Be Outsourced?
Most firms outsource lower-margin finance and accounting functions like bookkeeping, AP/AR, and financial reporting, but you can outsource higher-tier functions as well.
Finance Functions You Can Outsource
- Financial planning and analysis (FP&A)
- Cash flow management
- Treasury and fund management
- KPI reporting and dashboarding
- Cost analysis and profitability tracking
- Virtual CFO services
Accounting Functions You Can Outsource
- Bookkeeping
- Accounts payable and receivable
- Payroll processing
- Bank and account reconciliations
- Financial reporting
- Financial statements
The 5 Best Finance and Accounting Outsourcing Companies in the Market
From global giants to smaller-scale providers, the market is full of options. However, only a few are F&A-focused, highly dependable, and steadily rising to the top. With that said, here’s our list of the top 5 F&A outsourcing companies right now.
1. TOA Global
| Outsourcing Model/Location: | Provider Type | Claim to Fame: |
|---|---|---|
| Offshore | Talent Teams Provider | Largest Accounting Outsourcing Talent Solutions Provider in the Philippines, AICPA SOC 2 Type I Certified, Great Place to Work® Certified |
Yes, we put ourselves in the top spot—and for all the right reasons! With seven global office sites and 3,708 elite accounting professionals, we go beyond back-office operations, helping accounting firms scale without the overhead surge while also allowing your onshore team to focus on higher-margin, more profitable work.
Unlike most F&A outsourcing companies, we supply firms with dedicated, full-time talent teams that are essentially a seamless extension of your in-house staff. Our model offers continuity, deeper engagement, and long-term scalability that no freelancer, short-term contractor, or third-party accounting service provider can match.
But don’t just take our word for it—here’s what one of our 1,190+ global clients has to say about building their accounting team with TOA Global:
“It’s transformed our onshore team because we can focus on high-level things… We can develop as a business rather than a team just doing the audit files and just doing the work.”
Dinesh Nanayakkara
Founder and Director, DS Audit Services
And there’s more! TOA Global partners with the Ab² Institute of Accounting, a dedicated learning platform offering F&A certifications, masterclasses, and short courses. This partnership is a full-spectrum strategy for building elite accounting talent—an end-to-end pipeline that’s ready to deliver from day one!
2. Near
| Outsourcing Model/Location: | Provider Type | Claim to Fame: |
|---|---|---|
| Nearshore | Talent Teams Provider | G2 High Performer |
Another standout on our list is Near, a versatile provider offering a range of services like F&A outsourcing, customer support, IT, and engineering. Powered by a skilled LatAm talent pool, Near commits to filling your firm’s open roles in under three weeks.
Near also gives you the freedom to choose among their diverse staff types: Direct hires, employees under an EOR (Employer of Record) arrangement, and independent contractors. This versatility allows Near to continue its track record of helping firms boost hiring, reduce overhead costs, and scale more effectively!
Near’s remote outsourcing model is built to sidestep common pitfalls: Think cultural gaps and communication lags while also optimising your budget and giving you access to top-tier talent.
3. Accenture
| Outsourcing Model/Location: | Provider Type | Claim to Fame: |
|---|---|---|
| Offshore | Service Provider | Fortune Global 500 Company, Forbes' World's Best Management Consulting Firm of 2024, Great Place to Work® World's Best Workplaces™ |
The largest player on this list, Accenture, hardly needs an introduction. Since its founding in 1989, the firm has built a global reputation across five key service areas: Strategy & Consulting, Technology, Operations, Accenture Song (Sales & Marketing), and Industry X (Digital Industries).
Accenture supports end-to-end F&A operations, blending automation, analytics, and AI-driven tools with global delivery to help their enterprise-scale clients modernize their legacy finance operations, improve compliance, and drive sustainable cost savings, too.
What sets Accenture apart is its proprietary digital platform, SynOps, which is designed to enable more agile, intelligent, and data-driven finance operations. Equally distinctive is Accenture’s consultative approach, which empowers clients to elevate finance from “just a back-office function” to a strategic engine for growth and performance!
4. Auxis
| Outsourcing Model/Location: | Provider Type | Claim to Fame: |
|---|---|---|
| Nearshore | Service Provider | 2024 UiPath Foundational Partner for the Americas, IAOP’s Global Outsourcing 100 |
Just like Near, Auxis taps the LatAm talent pool for its class-leading F&A services. With more than 25 years of experience advising and running back-office operations, the firm modernises F&A operations as well as more strategic areas such as FP&A and treasury. Auxis differentiates itself by unifying process transformation, intelligent automation, and end-to-end operational services under one roof
Similar to Near, Auxis boasts a strong offshore model rooted in Latin America. However, compared to Near’s remote teams, Auxis operates in delivery centers across countries such as Costa Rica, Colombia, and other regional hubs, with English-speaking teams skilled and trained in IFRS.
5. InDinero
| Outsourcing Model/Location: | Provider Type | Claim to Fame: |
|---|---|---|
| Offshore | Service Provider | 2022 Comparably Awards Best Company for Diversity, Best CEO, Best Company Culture, Best Company Work-Life Balance, Best Career Growth, Best Leadership Teams, and Best CEOs for Diversity |
A full-service financial management firm, InDinero offers tax accounting and bookkeeping services, CFO advisory, and more—delivering end-to-end solutions for companies without in-house finance teams. Backed by experienced CPAs and financial strategists, InDinero has helped its clients for over 13 years to keep more of what they earn and use it to grow.
InDinero caters to startups, mid-sized businesses, and enterprise-level firms globally, with a tech-forward and software-enabled model paired with hands-on financial expertise. Initially launched as an accounting software startup, the company expanded into other industries, leveraging its proprietary platform.
Boasting rich and impactful case studies, InDinero showcases substantive business impact for all sorts of firms and clients, promising operational savings, deeper financial visibility, and tailored SaaS solutions.
Comparative Table for the 5 Best F&A Outsourcing Companies
| Outsourcing Model/ Location | Provider Type | Work Setup Options for Staff | |
|---|---|---|---|
| TOA Global | Offshore | Talent Teams | Onsite/Hybrid/Remote |
| Near | Offshore | Talent Teams | Remote |
| Accenture | Offshore | Services | Onsite/Hybrid/Remote |
| Auxis | Offshore | Services | Hybrid |
| InDinero | Offshore | Services | Onsite/Hybrid/Remote |
| TOA Global |
|---|
|
Outsourcing Model/ Location Offshore Provider Type Talent Teams Work Setup Options for Staff Onsite/Hybrid/Remote |
| Near |
|
Outsourcing Model/ Location Offshore Provider Type Talent Teams Work Setup Options for Staff Remote |
| Accenture |
|
Outsourcing Model/ Location Offshore Provider Type Services Work Setup Options for Staff Onsite/Hybrid/Remote |
| Auxis |
|
Outsourcing Model/ Location Offshore Provider Type Services Work Setup Options for Staff Hybrid |
| InDinero |
|
Outsourcing Model/ Location Offshore Provider Type Services Work Setup Options for Staff Onsite/Hybrid/Remote |
FAQs on Finance and Accounting Outsourcing
Do Accounting Firms Outsource? (Typically, At Least?)
Yes, they do! Some people think that it’s just the smaller businesses who do it, but there are big names who tap into global teams for accounting help as well.
Is It Cheaper to Outsource Accounting?
Generally, yes. However, partnering with the wrong people or firm can incur even more expenses, so be extra careful with who you work with.
Where Do You Typically Find Outsourced Accounting Companies?
As we mentioned, outsourced accounting companies can be found onshore, nearshore, or offshore. If you’re looking for nearshore companies, some popular destinations include Mexico or Brazil. If you’re looking farther away, you’d typically find offshore companies in countries like the Philippines or India.
Read More: Accounting Outsourcing Destinations
Take it from Caroline Atonio of Ashfords Accountants and Advisory:
Go Beyond Outsourcing with TOA Global
At TOA Global, we don’t just offer outsourced accounting—we build full-time, high-performing teams for firms of all sizes. We enable deeper collaboration, seamless system integration, and scalable growth, minus the risks associated with direct offshore hiring.
Discover how outsourcing can transform your firm from the inside out. Book a chat with us today.
