Top Accounting Outsourcing Trends You Need to Know for 2025

Accounting outsourcing isn’t just a choice; it’s the future of financial intelligence.

Outsourcing in finance and accounting has grown steadily in recent years and is now one of the main trends in the business environment. Factors like cost savings, access to specialized knowledge, increased productivity, and operational scalability drive the change.

According to Gartner, 60% of finance and accounting organizations are expected not to renew their existing business processes because of antiquated processing fees. Hence, these businesses are willing to proceed with finance and accounting outsourcing in 2025.

The next argument for accounting outsourcing comes from a Robert Half survey, which showed that over 90% of senior management still needs help finding internal candidates for their open accounting positions. It reinforces the belief that outsourcing finance and accounting is important in addressing the shortage of accountants and that doing so will help you achieve operational and financial management success.

To bolster the aforementioned assertion, we have included a few facts derived from various organization-based studies. Which will make choosing to outsource your accounting easier. This article will give you insights into existing and upcoming accounting outsourcing trends for 2025 and beyond.

5 Accounting Outsourcing Trends That Will Set A Mark in 2025

However, as technology advances, it changes the F&A outsourcing trends in several ways. AI is now integrated with accounting, businesses have a wide range of options for outsourcing accounting, your data is now more secure, and many other factors make outsourcing finance and accounting a trend. Let us go into more detail about each.

1. Increase in Automation and AI Trends

The accounting profession is poised with the advent of technologies and AI in accounting. Key trends include blockchain technology, which offers secure and transparent ledgers for financial transactions.

Machine learning is the upcoming technology that will increase accounting outsourcing by improving the accuracy of financial analysis and reporting.

Account reconciliation, invoice processing, and other standard accounting tasks made more efficient with chatbots.

Furthermore, robotic process automation is automating a variety of repetitive accounting tasks, including data entry and report generation. Businesses can make data-driven decisions by using predictive analysis to analyze financial data and offer insights into future financial trends.

Through the use of data from connected devices, the growth of the Internet of Things (IoT) provides insightful information about market trends and consumer behavior.

According to a PWC study, by 2025, 40% of accounting and finance work will be automated. Also, according to QuickBooks data, 3 out of 5 clients are demanding advanced technology use in their accounting tasks.

Impact of accounting outsourcing after the use of AI

To get the use of these technologies in accounting tasks, businesses are looking for outsourcing firms because their virtual accountant and their team are already much more informed by the use of these technologies. This results in a 40% increase in business efficiency and eliminates the need to invest in onsite team training.

2. Accounting Solutions Will Turn from Excel to Cloud

The days of taking a long time to send lengthy Excel sheets to clients are long gone. The Excel sheet’s excessive size sometimes forces accounting professionals to break it, which impedes task flow and occasionally corrupts the file. Accounting Solutions decided to move their technology to the cloud for the convenience of both their clients and staff to avoid all of this chaos.

Market size of cloud accounting

According to the report, the cloud accounting market is expected to grow at a compound annual growth rate (CAGR) of 7.8% from 2024 to 2032, from its 2023 valuation of $3.5 billion to $7.0 billion.

Reports: Yahoo Finance report, Allied Market Research

What Factors Businesses Driven to Cloud Accounting

Due to the growing demand for effective financial management, technological advancements, and growing business digitalization, the global cloud accounting market is expanding significantly.

Key players like Intuit, Xero, and Sage provide comprehensive solutions featuring automated bookkeeping, financial reporting, and payroll processing.

In the last few years, reports have shown many small and medium businesses attracted towards cloud accounting very sharply.

These companies also placed a strong emphasis on outsourcing accounting because it saves them a lot of money and eliminates the need for onsite team training to keep up with the latest technologies, cloud storage, device maintenance, team scaling, and other issues. For this, they are approaching outsourcing partners in finance and accounts like Invedus.

Finance and accounting outsourcing with Invedus allows businesses to combat global challenges such as high initial costs and concerns over data privacy. Invedus allows businesses to reduce their operational costs by up to 70% without compromising the quality. Plus Businesses can now access their data on any device, from any location.

The Invedus Virtual Accounting team has ins and outs about every latest aspect of accounting. Their team has been providing services to clients for over ten years, and their areas of expertise include bookkeeping, financial research, financial analysis, corporate financial statements, monthly annual reports, portfolio structure analysis, accounts payable, accounts receivable, and more. They are primarily committed to providing their services to English-speaking nations.

3. Data Analytics Assist in Making Your Financial Strategic Decisions Better

Data analytics transforms accounting by enabling professionals to effectively manage, analyze, and contextualize vast datasets. Every day 2.5 quintillion bytes of data are generated, presenting immense opportunities for accountants skilled in data analytics.

These accountants identify trends, forecast patterns, and offer practical insights that lead to better business results.

To make their accounting accurate and precise, accountants use four techniques: descriptive method for creating reports to reflect business realities, diagnostic for examining historical data to understand outcomes, predictive for forecasting future outcomes, and prescriptive for developing actionable data-supported business strategies.

For better visualization, accounting professionals took advantage of advanced tools like Excel, Tableau, Power BI, and IDEA, along with programming skills in Python or R, to enhance their ability to analyze and present data effectively.

Source: Franklin University

How Data Analytics Boost Accounting Outsourcing

Data analytics enables accountants to assess performance, reduce risks, comprehend user behavior, and develop strategic business plans in line with that understanding.

Using big data, businesses can analyze metrics such as sales, productivity, and market trends for their existing strategies to maximize business productivity.

4. Expansion of Specialized Niche Outsourcing Services

Accounting for a specific niche domain will be the new accounting outsourcing trend in 2025. Companies will begin searching for customized solutions that go beyond standard bookkeeping, tax preparation, and accounting.

F&A outsourcing partners have already understood this business requirement at a very early stage. As a result, your outsourcing partners will now begin to offer you virtual accountants for various fields with specializations in financial forecasting, forensic accounting, and environmental, social, and governance (ESG) reporting.

With the assistance of these accounting experts, businesses can address unique challenges, comply with specific regulations, and gain insights critical for strategic planning.

This trend is driven by businesses seeking to focus on more competencies while leaving complex and specialized accounting to experts.

Businesses have increased their need for industry-specific accountants in recent years, such as healthcare billing and retail inventory management, which require highly qualified accounting professionals from their outsourcing partners.

Why Accounting Outsourcing for Specific Domain

Companies can easily manage their accounting duties without putting too much strain on their current staff.

Businesses will also be able to collaborate with highly qualified experts without having to worry about micromanagement or excessive spending.

5. Cybersecurity and Data Protection

Cyberthreats in the US accounting and finance sector are increasing, with data compromise incidents rising from 138 in 2020 to 744 in 2023.

According to the IBM data research, The 2024 Data Breach Report reveals critical insights into cybersecurity challenges facing businesses globally.

The average cost of the data breach has reached $4.88 million, a 10% increase from the previous year. One in three data breaches now involves shadow data, highlighting the growing complexity of data management.

Companies that manage several data storage environments are at higher risk. On average, public cloud breaches cost $5.17 million.

The key finding states that AI, automation, and outsourcing significantly reduce breach costs, potentially saving $2.22 million.

Report: IBM

By leveraging professional expertise in accounting outsourcing providers, implement robust cybersecurity protocols that protect your sensitive financial information across multiple environments.

These outsourcing service providers use specialized approaches to reduce the vulnerability inherent in decentralized data management, potentially saving businesses millions in breach-related expenses.

Why Businesses Preferred for Accounting Outsourcing

Due to financial concerns, startups and SMEs are essentially avoiding hiring on-site staff and are instead searching for alternatives, such as outsourcing.

Accounting outsourcing provides numerous advantages beyond just cost savings, such as:

Businesses have the option to manage their finances across the globe and from any device.
You do not have to spend a lot of time researching and developing accounting trends because your team will keep you informed about developments in global finance.
You will not waste your time automating the tasks. Your outsourced accounting team uses the latest tools and technologies, which will automate the tasks, save you time, and keep you ahead of your competitors.
Working with your virtual accountant and team is made easier by accounting outsourcing.
Your accounting efficiency will increase by almost double.
Spend your money with your loved ones and friends rather than buying the latest gadgets and tools.
You will save money on operating expenses by not having to spend money on team management, office upkeep, or infrastructure.

Which Industries Can Consider Accounting Outsourcing

Top Industries that Benefit from Outsourcing Accounting

However, no industry remains that does not consider accounting. Even though practically every large corporation has its panel, small and medium-sized businesses are actively seeking accounting specialists as their operations continue to grow. A list of some of the companies is provided below.

1. Tech and IT Company

Undoubtedly, tech and IT professionals are busy maintaining their existing technologies and exploring new ones. Meanwhile, these businesses are forgetting to focus on managing their core financial functions. Likewise, bookkeeping, tax compliance, and financial reporting. Which will impact their financial score.

In this scenario, outsourcing accounting will assist these businesses in managing their financial track records. Your Invedus outsourced accounting partner will allow you to manage all aspects of the finance. In this interim, you continue to focus on the innovations.

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2. Real Estate

Real estate involves more than just property development; it requires navigating numerous compliance and tax regulations that vary by state. In light of these complexities, many real estate businesses opt to hire accountants to manage bookkeeping, data entry, financial reporting, payroll processing, and account management.

Additionally, outsourcing accounting services offers companies improved financial management, reduced operational burdens, enhanced decision-making capabilities, and increased competitiveness in the market.

By leveraging professional expertise, real estate firms can focus on their core activities while ensuring that their financial practices are efficient and compliant with regulations.

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3. Retail

For the retail industry, outsourcing plays a vital role in many aspects. As f&a accounting assists businesses in retail in managing their financial operations such as bookkeeping, payroll, financial reporting, and tax preparation.

Retailers who choose to outsource their accounting will be able to cut costs by not having to hire full-time staff while still concentrating on their core competencies, such as sales and customer service.

Furthermore, this strategy ensures enhanced accuracy and timely financial reporting for well-informed decision-making and gives these companies access to virtual accounting talent in retail accounting practices.

4. E-Commerce

Accounting outsourcing is crucial in e-commerce because it offers specialized financial management services that let companies concentrate on their core competencies, such as marketing and sales, while taking advantage of professional management of intricate accounting duties, such as tax compliance, inventory tracking, sales reporting, and financial analysis.

Additionally, outsourced accounting offers scalability to adjust services based on sales fluctuations and decreases the administrative burden on internal staff. Key tasks that can be outsourced include bookkeeping, inventory management, sales analysis, payroll processing, financial reporting, and tax preparation.

5. Health Care

The complex financial landscape of the healthcare sector, characterized by intricate cost structures, strict regulatory requirements, and detailed billing procedures, demands meticulous financial management.

Outsourced accounting brings specialized expertise that enhances the efficiency of various financial operations. By managing critical tasks such as billing, claims processing, revenue cycle management, and financial reporting, outsourced accounting services enable healthcare organizations to navigate this complexity effectively.

6. CPA Firms

Outsourcing accounting in the accounting and certified public accounting sector enables businesses to delegate regular bookkeeping and data entry duties to outside vendors, freeing up internal personnel to concentrate on more valuable services like tax planning, financial analysis, client counseling, and complicated compliance matters.

This improves efficiency and profitability by cutting overhead expenses and giving access to specialized knowledge when required.

Worth Reading: How Outsourcing Accounting Drives Growth in CPA Firms?

Final Thoughts

Keeping up with the most recent accounting outsourcing trends is important if you want to maximize your financial operations and preserve your financial stability.

Accounting and finance outsourcing helps you take advantage of cost-effective solutions, specialized services, and technological advancements to keep your business profitable.

Additionally, you can work with the Invedus accounting professionals to optimize your accounting tasks so that you can concentrate on your primary business operations.

Our skilled accounting experts ensure you stay ahead of the latest accounting trends and develop strategies to outperform your competitors. Fill out this form to connect with our expert client representative and discover how Invedus can transform your business, streamline operations, and drive growth in 2025 and beyond.