As businesses grow, a need for more staff naturally arises to accommodate the increase in workload. For accounting firm owners, the current shortage of qualified and experienced accountants makes it challenging to attract the best talent as a business continues to scale.
As businesses grow, a need for more staff naturally arises to accommodate the increase in workload. For accounting firm owners, the current shortage of qualified and experienced accountants makes it challenging to attract the best talent as a business continues to scale. As a result, business leaders often need to seek outside help to avoid being short-staffed and unable to manage client demands.
There are two main options that accounting firm owners have to choose from when looking to expand their teams: freelance professional accountants or global talent solutions. The benefit of having different options is that it provides business leaders with the opportunity to choose what is best suited to their firms.
However, it’s important to be well-informed about these options, especially when they directly influence whether or not you achieve growth in your business, and if you can do so without compromising the quality of the services your business provides.
We’re going to take a look at global talent solutions and freelancers so that you can decide which would be the most beneficial to you.
Global talent solutions vs freelance services
Outsourced accounting provides companies with the skills and experience they need through accounting talent located in other parts of the world. This means firms are not limited by distance and location when acquiring the accounting talent they need now.
Global talent solutions providers offer dedicated outsourced accounting talent to small and large international firms, allowing business leaders to globally source accounting teams of various sizes that perfectly fit their business needs.
Freelancing services, on the other hand, offer employment agreements that are typically structured in such a way that an accountant provides services independently to meet the demands of a client.
More firms are choosing outsourced services to boost their growth and profitability by hiring external talent to either free up their local team members’ time to focus on specific tasks, or to get access to specific skills, knowledge and resources that may not be readily available locally.
