Accountant Nearshore Outsourcing to Mexico
Work with top-tier accounting and finance professionals
For years, accounting firms across the United States have been feeling the impact of workers leaving the industry, creating substantial staffing gaps. All indicators show those trends will continue to grow for the foreseeable future. In the next 10 years, the U.S. Bureau of Labor Statistics is projecting 136,400 additional openings for accountants and auditors per year while the global accounting market is expected to expand by an 11.1% compound annual growth rate (CAGR).
For firms to keep up with this expansion with such a limited local talent pool, they will need to look outside their organizations for skilled full-time accountants. Remote work has opened the door to hiring across the country, but the scarcity of specialists in the field of accounting nationwide has driven up compensation rates faster than budgets can adjust.
How can businesses keep up? Nearshore outsourced accounting and finance
Cadencia has built a team of nearshore accounting and finance professionals that are helping firms across the United States bridge the gap between affordability and top-talent.
What are the benefits of nearshore outsourcing for accounting?
Reduced Costs
The low cost of living in Mexico combined with remote work technology creates an opportunity to hire a seasoned or entry-level accounting professional for an average savings of 70%.
Increased Efficiencies
Having a team of nearshore outsourced accountants and finance professionals allows your firm to free your local talent for higher priority client services which means more billable hours.
Scale Faster
Hiring full-time nearshore accounting and finance professionals for a fraction of the cost of internal employees offers greater budget flexibility and easier growth transitions.