In-house or outsourced accounting?

What's the difference between having an in-house accounting team or hiring a specialized firm? 

Advantages of outsourced accounting

Reduced operating costs: eliminates expenditure on salaries, wages, training and software. A fixed monthly amount brings predictability

Focus on core business: managers can focus on company growth, while specialists take care of legal obligations

Access to specialized staff and technology: offices have multidisciplinary professionals and advanced tools without direct investment

Benefits of internal accounting

Greater control over internal processes and resources

In-depth knowledge and exclusive service: dedicated team knows the ins and outs of the company

Faster internal responses: less dependence on external communication.

It also brings benefits for strategic decision-making, with direct access to information

Final comparison and how to choose

Table or comparative bullets:

Criteria Cost Scalability Specialization Control and speed

Internal accounting High: wages, taxes, software Limited Focus on the specific business Internal, direct

Outsourcing Fixed: monthly fee without direct charges Flexible according to volume of demand Diverse and up-to-date team Depends on alignment with the office

Decision tip: Small/medium-sized companies, with little customization, tend to benefit from outsourcing due to savings and flexibility. Larger organizations, which require exclusive control and strategic information, generally prefer in-house accounting

Access

Blog of

CLM