It’s predicted that more than 40 percent of your team will be outsourced in the new year, so if you’re considering hiring a technical accounting company versus an in-house team, find out the situations where outsourced is the better choice.

Some experts estimate that our workforce will be comprised of 40 percent freelancers, also known as outsourced resources. It’s important to understand when and how to utilize an outsourced team of experts to your advantage when it comes to your technical accounting.

Outsourced Companies Give You Access to Industry Experts

Consider jobs and projects such as accounting, senior chief financial services, taxes, payroll, fundraising, M&A, IPO, and other highly-specialized functions. Particularly where the functions are not typically happening frequently, it’s definitely advantageous to choose an outsourced team of experts.

In selecting your technical accounting outsourced company for example, you can gain access to long-time industry experts that will have the depth of knowledge for your specific needs. They’ll be brought on and act as part of your team for the duration of the project or transaction, and then transition maintenance back to your in-house team once the one-off project is complete. This saves you the time and expenditure to hire a specialist for your IPO that you won’t necessarily need once it’s complete, for example.

An Outsourced Team Can Add or Remove Resources Easily

There are times where additional resources are needed on hand for a discreet period of time, or for a special project. The time span it would take to screen and hire these temporary staff can be overwhelming and intolerably long. In these cases, an outsourced firm enables you to quickly add the additional staff you need without adding additional headcount while enabling you to get your specialty project finished without over-burdening in-house employees who already have full plates.

Find an Expert Who Understands Your Needs

Launch Finance’s mission is to help startups and venture capital firms with the financial support they need to be successful. Working inside venture capital firms, the team at Launch Finance recognized the unique needs of startups to access fractional finance teams who could provide turnkey finance and HR solutions to startups. They bring a breadth of experience and knowledge to their startups by offering a practical, proven approach steeped in experience. Contact us today!