An accounts payable team has two key duties: handling cash flow and building suppliers’ trust. This is tough, especially with outdated methods like paper records and checks. Moving to digital processes and using AP automation can make things easier. But even with automation, AP teams are still busy. They manage vendor payments, travel expenses, loan

More firms are turning to offshore accounting to reduce expenses and tap into professional talent. There are about 35M small businesses in the U.S., making up 99% of all companies. The global accounting industry will grow from $652B in 2023 to $804B by 2028, at a 4% yearly increase. About 40% of U.S. businesses now

Accounts payable and accounts receivable are vital financial tasks for any business. Comparing liabilities to expected revenue is the first step in managing cash flow. These tasks are slow and repetitive leading to errors, delays, and unhappy stakeholders if not managed well. Outsourcing Account Payable and Receivable tasks to Expertise Accelerated can improve efficiency without

Choosing between BPO and in-house tasks can impact your business’s efficiency and costs. Did you know? Businesses that use BPO can cut their operating costs by up to 30%. Research shows the accounting outsourcing market will hit $53.4 billion by 2026. Boeing & Walmart are outsourcing accounting to ease processes, enrich efficiency, and drive growth.

Are you finding it hard to manage growing financial tasks while keeping costs low? You’re not alone. Many firms cut costs, boost quality, and access global talent without hiring in-house. Scale efficiently and stress-free! U.S. accounting firms face rising costs, competition, and a 340,000 accountant shortage since 2020. 83% of finance leaders struggle to hire,

It’s the end of the month, and your inbox is full of vendor emails asking for payment updates. Your table is full of invoices, associates are waiting, and the junior accountant found another error. If this sounds like your daily practice, it might be time to consider outsourcing your accounts payable process. The AP market

In today’s talent market, securing a CPG accountant is less of a hire. It is more a strategic win.  There are 20% fewer accountants in the U.S. than just a year ago. CPA exam participation is down. Retirements are accelerating. And the professionals still in the game? They’re in the driver’s seat. The war for

Outsourced accounting helps your business grow, whether new or established. Businesses are turning to outsourced accounting for an affordable, innovative solution. But finding the correct accounting partner is key. Outsourcing is now a familiar practice worldwide, driving economical and easing operations. As outsourcing rises, the number of service providers has flooded. Outsourcing provides a broad

Effective AR management offers timely payments, healthy cash flow, and strong client connections. Poor AR management can lead to delayed payments, lost revenue, and financial instability. The AR Pulse Check Survey found that 52% of respondents view digitizing AR as key to optimal financial performance. This blog discusses AR management and strategies to optimize the

Financial management is vital for business success. Firms employ outsourced CFOs to control costs and drive growth, mainly with more regulations. Knowing when to hire a CFO is key to success as your business grows. A study by Expertise Accelerated found that 40% of U.S. businesses outsource accounting offshore due to inflation. Outsourcing your CFO