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What factors should a VP of Finance consider when selecting an outsourced accounting provider for long-term scalability?
Frequently Asked Questions
Outsourced Accounting Services
What factors should a VP of Finance consider when selecting an outsourced accounting provider for long-term scalability?
Ideally, the provider should demonstrate experience with:
a) High transaction volumes
b) Multi-entity reporting
c) International expansion
d) ERP integration
e) Tax compliance, and
f) Ecommerce operations
Furthermore, VPs or senior managers should evaluate staffing depth, reporting capabilities, and technology partnerships. Service level agreements (SLAs) also deserve attention because finance requirements become more complex as product lines and geographic presence continue to expand.