Outsourced Accounting Readiness Checklist 1. We spend too much time on transactional accounting tasks. 1 If your internal team is stuck reconciling bank accounts and chasing invoices, outsourcing can help shift focus to more strategic activities. 2. Our accounting processes lack consistency or automation. 1 If you rely heavily on spreadsheets or manual data entry, outsourcing can introduce better systems, workflows, and cloud-based tools. 3. It’s difficult for us to find and retain qualified accounting staff. 1 Struggling with local hiring? Outsourced accounting services can give you access to skilled professionals without the overhead of recruitment. 4. We need support beyond bookkeeping, like financial insights or compliance. 1 Outsourcing firms often offer a broad spectrum of accounting services, including tax prep, budgeting, and virtual CFO support. 5. We’re open to collaborating with an offshore or virtual team. 1 Success with outsourcing depends on clear communication and integration. If you’re willing to collaborate virtually, you're in a good place. 6. We treat outsourcing as a long-term strategy, not a stop-gap fix. 1 Outsourcing works best when seen as a growth-enabler, not just a temporary cost-saver. 7. Our internal team is stretched and can’t focus on strategic finance. 1 Outsourcing allows your core team to move up the value chain; into planning, forecasting, and decision-making roles. Calculate Readiness Score
