Finance & Accounting Companies
Finance and accounting outsourcing done well reduces cost by 20 to 50 percent and gives you a management layer that most SMBs and mid-market companies cannot afford to hire full-time, but only if your process is documented before you hand it off.
Top finance & accounting providers
Medical billing service and software reseller specializing in Lytec 2015 and Dragon Medical Practice Edition for medical offices.
HIPAA
View profile →Global outsourcing and staffing partner helping businesses hire vetted professionals from 150 countries, reduce costs by up to 70%, and scale operations faster.
Per seat
View profile →AI-powered BPO and remote staffing solutions offering virtual assistants, AI agents, and full-time outsourcing services for business growth.
Retainer
View profile →End-to-end medical billing and revenue cycle management outsourcing for physicians, hospitals, and group practices across the USA.
500+ staffPer seatHIPAA
View profile →India-based data digitization and outsourcing company offering data entry, data conversion, data mining, accounting, and payroll services since 2008.
51-200 staff
View profile →904 Bookkeeping is a Jacksonville-based QuickBooks bookkeeping and payroll practice serving small to mid-sized Florida businesses.
Retainer
View profile →Remote bookkeeping and payroll services for small businesses in Northern Illinois, powered by a Certified QuickBooks Online ProAdvisor.
Retainer
View profile →Acelerar is an India-based BPO offering data entry, accounting, e-commerce ops, and virtual assistant services with pre-trained teams.
ISO 27001ISO 9001
View profile →Outsourced bookkeeping, accounting, and payroll services for businesses across multiple industries, delivered by certified accountants.
View profile →Agile CFO Solutions provides fractional CFO, controller, bookkeeping, and payroll services to small businesses, headquartered in Indianapolis, Indiana.
Retainer
View profile →India-based tax, accounting, and business advisory firm offering end-to-end corporate, regulatory, and outsourcing solutions.
600+ staffHITRUST
View profile →Japanese-owned BPO provider based in Cebu, Philippines, delivering call center, back office, IT, and sales outsourcing services to mid-sized and large enterprises globally since 2009.
View profile →Alorica
📍 Irvine, United States
Size10000+
LanguagesEnglish · Multilingual
American Bookkeeping Services
📍 Denver, United States
LanguagesEnglish
Andy's Bookkeeping Service
📍 Albuquerque, United States
LanguagesEnglish
Aone Outsourcing Solutions
📍 Australia
ISO 27001
Size451+
LanguagesEnglish
AR Medical Billing
📍 United States
HIPAA
LanguagesEnglish
ARDEM Incorporated
📍 New Jersey, United States
LanguagesEnglish
ASL BPO
📍 Dhaka, Bangladesh
LanguagesEnglish
Atradius Collections
📍 Netherlands
LanguagesEnglish · French · Dutch
Back Office
📍 United States
LanguagesEnglish
Back Office Accounting
📍 United States
LanguagesEnglish
Back Office Legal
📍 Des Moines, United States
Size11-50
LanguagesEnglish
Back Office Staffing Solutions (BOSS)
📍 United States
LanguagesEnglish
Back Office Support for Healthcare
📍 Los Angeles, United States
LanguagesEnglish
Back Office Support Solutions (BOSS)
📍 San Diego, United States
LanguagesEnglish
Backoffice
📍 United States
LanguagesEnglish
BackOffice LLC
📍 Miami, United States
LanguagesEnglish
BackofficePro
📍 Bengaluru, India
HIPAA
Size250-3500
LanguagesEnglish
Beepo
📍 Australia, Australia
LanguagesEnglish
Befree
📍 United Kingdom
ISO 27001GDPR
LanguagesEnglish
BestCFO
📍 New York, United States
LanguagesEnglish
Bob's Bookkeepers
📍 United States
LanguagesEnglish
Bookkeeper360
📍 United States
LanguagesEnglish
BPO Data Entry Help
📍 United States
ISO 9001HIPAASOC 2
LanguagesEnglish
Brokers' BackOffice
📍 Sydney, Australia
ISO 9001
Size51-200
LanguagesEnglish
BruntWork
📍 Australia
Size1000+
LanguagesEnglish
BP
Business Process Outsourcing & Management Services
LanguagesEnglish
California Medical Billing
📍 Rancho Cucamonga, United States
LanguagesEnglish
Call2Customers
📍 India, India
ISO 27001ISO 9001
Size201-500
LanguagesEnglish
CapActix
📍 United States
ISO 9001ISO 27001GDPR
LanguagesEnglish
Capital CFO+
📍 Saratoga Springs, United States
LanguagesEnglish
CFO Pro+Analytics
LanguagesEnglish
CFO Systems
📍 Omaha, United States
LanguagesEnglish
CGS Nexus
📍 United States
LanguagesEnglish · Romanian · Spanish
CheaperTeam
📍 New York City, United States
LanguagesEnglish
Chief Bookkeeping Officer
📍 Los Angeles, United States
LanguagesEnglish
Concentrix
📍 United States
Size1000+
LanguagesEnglish · Mandarin Chinese · Dutch
Conduent
📍 Florham Park, United States
Size50000+
LanguagesEnglish · French · German
CPa Medical Billing
📍 United States
HITRUST
LanguagesEnglish
CRI CFO Hub
📍 San Diego, United States
LanguagesEnglish
CS Outsource
📍 Manhattan, NY, United States
LanguagesEnglish
Data Entry Philippines
📍 Philippines
HIPAAGDPR
LanguagesEnglish
e-care India
📍 India
ISO 9001ISO 27001HIPAA
Size1000+
LanguagesEnglish
Eric Buchholz Bookkeeping
📍 Phoenix, United States
Size1-10
LanguagesEnglish
Exact Bookkeeping Services LLC
📍 Camas, United States
LanguagesEnglish
Expert Bookkeeping for Brokers
📍 United States
LanguagesEnglish
Expert Mortgage Assistance
📍 United States
ISO 9001
Size500+
LanguagesEnglish
Express Virtual Assistant Services
LanguagesEnglish
FOCUS Insurance Services
📍 United States
LanguagesEnglish
G-Squared Partners
📍 United States
LanguagesEnglish
Gallagher & Mohan
📍 United States
Size201-500
LanguagesEnglish
GeBBS Healthcare Solutions
📍 United States
LanguagesEnglish
Global Medical Billing Services
📍 Miami, United States
LanguagesEnglish
Global Services BPO
📍 United States
LanguagesEnglish
GP Outsourcing Solutions
📍 San Antonio, United States
Size500+
LanguagesEnglish · Spanish
GPG Call Center & BPO Solutions
📍 Chisinau, Republic of Moldova
GDPR
Size201-500
LanguagesFrench · English · German
HB
Healthcare Backoffices
📍 Fort Lauderdale, United States
LanguagesEnglish
Hire With Near
📍 United States
LanguagesEnglish · Spanish
IO
Insurance Operations & Technology
📍 United States
LanguagesEnglish
IntouchCX
Invensis
📍 Bangalore, India
Size5000-9999
LanguagesEnglish
KDCI
📍 Philippines
LanguagesEnglish
LF
Law Firm Growth & Management Services
📍 United States
LanguagesEnglish
Long Island Bookkeepers (Good Bookkeepers on Call)
📍 Garden City, United States
LanguagesEnglish
Maxim Liberty
📍 United States
LanguagesEnglish
MultiplyMii
📍 Manila, Philippines
LanguagesEnglish
OO
Offshore Outsourcing Services in the Philippines
📍 Philippines
LanguagesEnglish
optiBPO
📍 Sydney, Australia
LanguagesEnglish
OURS Global
📍 United States
LanguagesEnglish
OW
Outsource Work
LanguagesEnglish · Ukrainian
Outsource2india
📍 India
ISO 9001
LanguagesEnglish
Outsourced
📍 Manila, Philippines
LanguagesEnglish
Outsourced Staff
📍 Australia
LanguagesEnglish
OutsourceRCM
📍 United States
ISO 27001HIPAA
LanguagesEnglish
Outsourcing Business Solutions (OBS)
📍 United States
Size1000+
LanguagesEnglish
OW
Outsourcing with Offshore Talent
📍 Philippines
LanguagesEnglish
Rely Services
📍 United States
HIPAA
LanguagesEnglish
Remote People
SOC 2ISO 27001
ROI CX Solutions
📍 United States
PCI DSSHIPAAHITRUST
Size5000+
Selectsys
📍 United States
LanguagesEnglish
S
Solvo
📍 Chandler, United States
LanguagesEnglish
South
📍 United States
LanguagesEnglish · Spanish
TDS Global Solutions
📍 United States
LanguagesEnglish · Spanish · Arabic
Tech2Globe
📍 New York, United States
LanguagesEnglish
Teleperformance
📍 Paris, France
Size1000+
LanguagesEnglish · Spanish · French
VirtualStaff.ph
📍 Philippines
LanguagesEnglish
What is finance & accounting outsourcing?
Finance and accounting outsourcing (FAO) means contracting an external provider to run some or all of your finance function, from daily transaction processing (accounts payable, accounts receivable, bookkeeping, payroll) to higher-complexity work like controllership, financial reporting, budgeting, and CFO-level advisory. The vendor supplies staff, management, systems expertise, and QA. You retain strategic oversight. Done right, FAO gives you a finance function that scales without adding full-time headcount. Done wrong, it creates a reporting lag, reconciliation backlog, and a second job managing a vendor who was supposed to reduce your workload.
What finance & accounting outsourcing covers
- Accounts payable processing: invoice receipt, coding, approval routing, payment runs, vendor reconciliation
- Accounts receivable management: invoicing, collections follow-up, cash application, aging report management
- Bookkeeping and transaction recording: bank reconciliation, chart of accounts maintenance, month-end close
- Payroll processing: payroll calculation, tax filing, direct deposit coordination, accrued payroll tracking, compliance
- Controller-level services: financial statement preparation, budget-to-actual analysis, audit support, internal controls
- Virtual CFO or CFO advisory: cash flow forecasting, financial modeling, board reporting, strategic planning support
- Order-to-cash and procure-to-pay process management across ERP and accounting platforms
- Compliance and reporting: sales tax, multi-entity consolidation, ESG financial reporting, statutory filings
When to outsource finance & accounting
- You are spending more than 4 percent of annual revenue on your finance function and still feel behind on reporting and reconciliation
- Your bookkeeper or controller is a single point of failure and you have no backup when they leave or are unavailable
- You are growing into new geographies, entities, or payroll jurisdictions faster than your internal team can manage
- Month-end close takes longer than 10 business days and leadership is making decisions on stale numbers
- You need controller or CFO-level insight but cannot justify a full-time hire at $150,000 to $300,000 per year
When not to outsource finance & accounting yet
- Your chart of accounts is inconsistent, your categorization rules are undocumented, and your bank feeds have months of uncategorized transactions, fix the backlog first, then hand it off
- Your team disagrees on which expenses belong in which cost centers or how revenue is recognized, outsourcing will not resolve an internal policy dispute
- Your approval workflows for AP or payroll do not exist in writing, a vendor cannot enforce a process that has never been defined
- You expect the outsourced team to also be your ERP implementation partner, process designer, and strategic advisor for a bookkeeping price, those are different engagements at different price points
How finance & accounting outsourcing works
- 1Discovery and scoping: the vendor reviews your current tools (QuickBooks, Xero, NetSuite, Sage, ADP, Gusto, etc.), transaction volumes, entity count, payroll complexity, close cycle, and existing documentation. A serious vendor will ask detailed questions here, a weak one will quote before understanding the work.
- 2Process documentation and SOP build: either the vendor helps you document current workflows or you provide existing SOPs. The handoff quality here determines the ramp-up quality later. Expect 2 to 4 weeks for a mid-complexity engagement.
- 3Pilot period or phased transition: most reputable FAO vendors recommend starting with one or two processes (AP and bookkeeping, for example) before handing over payroll or controllership. A 30 to 60 day pilot reveals communication quality, turnaround time, error rate, and escalation behavior.
- 4Onboarding and tool access: the vendor gets role-based access to your accounting software, payroll platform, and banking portals. Confirm data access controls, NDA coverage, and offboarding procedures for agent access before this step.
- 5Steady-state delivery with reporting cadence: the vendor runs the agreed processes and delivers regular reports, transaction volumes, open AP aging, AR collections performance, payroll accuracy, month-end close status. You should not be chasing them for updates.
- 6Review, QA, and optimization: a mature FAO vendor runs internal QA (error sampling, reconciliation review, approval audit), flags exceptions proactively, and brings process improvement suggestions at the 90-day and 6-month marks, not just at contract renewal.
Finance & Accounting pricing models and typical rates
✓Monthly retainer or fixed fee (most common for ongoing FAO): core bookkeeping starts at $300 to $600 per month for basic record-keeping; standard SMB bookkeeping runs $500 to $3,000 per month; a complete managed finance function covering AP, AR, payroll, and reporting typically costs $650 to $1,800 per month; controller-level services range from $2,000 to $8,000 per month; mid-market Finance as a Service (FaaS) engagements for medium-sized businesses average $5,000 to $20,000 per month. All figures are indicative 2025 to 2026 ranges, actual cost depends on entity count, transaction volume, payroll headcount, and close complexity.
✓Hourly or project-based (for ad hoc, audits, or transition support): US-based CPA or controller-level project work typically runs $75 to $500 per hour depending on specialization. Offshore providers charge $20 to $100 per hour for similar work, though communication overhead can affect total project time. Indicative only.
✓Per-seat or dedicated FTE model (for larger or ongoing back-office teams): some FAO vendors price by dedicated finance FTE, offshore finance staff in India or the Philippines typically falls in the $6 to $16 per agent hour range for transaction-level work (bookkeeping, AP, AR, payroll admin). Nearshore LatAm finance staff runs $10 to $22 per hour. Onshore US finance BPO staff runs $22 to $50 plus per hour. Dedicated FTE models suit buyers who want process ownership and team continuity rather than shared-pool staffing.
✓Virtual CFO or CFO advisory retainer: strategic finance and CFO-level outsourcing commands $3,000 to $15,000 per month depending on the scope of board reporting, modeling, fundraising support, and time commitment. This is a different engagement from bookkeeping or controllership, do not compare these on hourly rate alone.
Finance & Accounting: offshore, nearshore, or onshore?
Offshore delivery (India, Philippines) dominates FAO at 56 percent of market share and suits transaction-heavy, well-documented work: AP processing, AR management, bookkeeping, payroll admin, and data entry. Communication discipline and tool familiarity matter more than timezone for this work. Nearshore LatAm (Mexico, Colombia, Costa Rica) is growing at nearly 10 percent CAGR and suits US buyers who want same-timezone collaboration for month-end close, controller-level review, or FP&A support where daily back-and-forth matters. Onshore US FAO suits regulated industries, high-value advisory, complex multi-entity structures, or situations where audit and compliance sensitivity demands domestic oversight.
Red flags when choosing finance & accounting providers
✓Quotes a monthly price before asking about transaction volume, entity count, payroll headcount, or close complexity, they are guessing, not scoping
✓Cannot describe their QA process beyond 'we review the work before delivery', a mature FAO vendor has reconciliation review procedures, error sampling rates, and a defined escalation path for discrepancies
✓Promises a 2-week ramp to full controllership or month-end close ownership, real transitions take 30 to 90 days minimum for mid-complexity finance functions
✓No clear answer on who manages the team day to day, what the team-lead-to-staff ratio is, or what happens when your dedicated bookkeeper leaves, agent continuity risk in FAO is real and underrated
✓Vague on data security specifics: who accesses your bank portals and accounting software, from which devices, what happens to access when an agent is offboarded, 'we are SOC 2 compliant' is not the same as explaining the access control workflow
✓Treats bookkeeping and accounting as interchangeable in their pitch, if a vendor cannot clearly distinguish transaction recording from financial analysis and judgment-level work, that is a process-maturity problem
Questions to ask finance & accounting vendors
- Walk me through exactly how you handle a month-end close, what do you produce, by which day, and what does your internal QA review before it reaches me?
- What is your process when a transaction cannot be categorized or an approval is missing, how do you escalate and how fast?
- Who manages my team day to day, what is their background, and what happens to my engagement if that person leaves?
- Can you show me a sample management report from a similar-sized client (anonymized), what does it include and what action does it prompt?
- How do you handle payroll compliance across multiple states or jurisdictions, and which payroll platforms have you run in the last 12 months?
- What does your onboarding look like in the first 30 days, what do you need from me, what do you build, and how do we define readiness before going live?
My take on finance & accounting outsourcing
FAO is one of the highest-value outsourcing decisions a growing company can make, and one of the most commonly botched. The mistake I see repeatedly is buyers handing off a messy, undocumented finance function and expecting the vendor to clean it up as part of the engagement. That is not what you are paying for, and a vendor who agrees to do it without scoping it properly will charge you for it later or deliver inconsistent results. The right FAO partner gives you process discipline, a real management layer, and reporting that tells you something useful. The wrong one gives you a monthly PDF and a reconciliation headache.
Frequently asked questions
- What is the difference between bookkeeping and accounting in an outsourcing context?
- Bookkeeping covers transaction recording, categorizing expenses, reconciling bank statements, managing AP and AR entries, running payroll inputs. Accounting involves judgment: preparing financial statements, applying revenue recognition rules, analyzing variances, supporting audits, and advising on structure. Most FAO engagements start with bookkeeping and layer in accounting as trust and process stability grow. A bookkeeper price should not buy you controller-level judgment.
- How much should I expect to pay for outsourced finance and accounting in 2025 to 2026?
- A useful benchmark: total finance and accounting costs should run 1 to 4 percent of annual revenue. In dollar terms, basic bookkeeping starts around $300 to $600 per month; a full managed finance function (AP, AR, payroll, reporting) typically runs $650 to $1,800 per month for SMBs; controller-level services run $2,000 to $8,000 per month; and virtual CFO advisory runs $3,000 to $15,000 per month. These are indicative 2025 to 2026 ranges, transaction volume, entity count, and close complexity all move the number.
- How much can outsourcing my finance function actually save?
- Finance as a Service models are designed to reduce costs 20 to 50 percent compared to equivalent in-house staffing when you account for salary, benefits, management overhead, and software. The savings are most visible when you replace a full-time controller or bookkeeper with an outsourced team that also brings QA, redundancy, and management infrastructure. The savings narrow or disappear if you need heavy internal management of the vendor.
- Is offshore FAO reliable for sensitive financial data?
- Offshore FAO dominates the market, 56 percent of revenue share in 2025, which tells you it works at scale when done right. The question is not offshore versus onshore on reliability; it is whether the specific vendor has mature data access controls, device policies, background-check procedures, role-based access, and a clear offboarding process for agents. Ask those specific questions. 'We are SOC 2 certified' is a starting point, not a complete answer.
- What processes should I outsource first?
- Start with the most documented, highest-volume, lowest-judgment processes: AP processing, basic bookkeeping, and payroll admin are typically the safest first handoffs. Once you have 60 to 90 days of stable delivery there, layer in AR management and month-end close support. Controller-level and CFO-level work should come last, after the vendor has demonstrated accuracy and communication quality on the foundation layer.
- Do I need to use the vendor's software or can they work in my existing tools?
- Most reputable FAO vendors are platform-agnostic and will work inside your existing tools, QuickBooks, Xero, NetSuite, Sage, ADP, Gusto, Bill.com, and others. Confirm this before signing. If a vendor pushes you to migrate to their proprietary platform as a condition of engagement, ask why and understand the exit cost if you ever want to leave.
- How long does it take to onboard an outsourced finance team?
- For basic bookkeeping and AP, expect 2 to 4 weeks of onboarding before steady-state delivery. For a full managed finance function including payroll and month-end close, expect 4 to 8 weeks. Controller or CFO-level handoffs often take 60 to 90 days to reach full reliability. Any vendor promising a 1-week ramp to complex finance ownership is underselling the transition risk.
- Is Latin America a good location for finance and accounting outsourcing?
- Yes, and it is growing fast, nearshore FAO from LatAm (Mexico, Colombia, Costa Rica) is projected to grow at nearly 10 percent CAGR through 2031. The primary advantage for US buyers is timezone alignment for real-time collaboration on close cycles, FP&A, and controller-level review. English proficiency and accounting credential quality vary by country and vendor, so verify both directly. It costs more than offshore India or Philippines but less than onshore US, often the right tradeoff for judgment-intensive finance work.
Pricing & resources
Finance & Accounting guides
Bookkeeping vs Accounting: What's the Real Difference?10 Best Finance & Accounting Outsourcing CompaniesBookkeeping vs Accounting: What Buyers Need to KnowOutsourcing Pricing: AP, Call Center, Medical Billing & RPOAccounts Payable Outsourcing: A Buyer's GuideDental Accounting Services: A Buyer's Guide