9 Benefits of Using an Outsourced Accounting Staffing Agency

9 Benefits of Using an Outsourced Accounting Staffing Agency
Do you need to fill a Finance & Accounting role during a maternity leave or extended vacation? Are you looking to leverage special skills and expertise for a one-off project? Perhaps you need to ramp up your team for a busy tax season?
With job growth in the Finance & Accounting industry near all-time highs and U.S. unemployment near historic lows, firms need to stay competitive when looking for exceptional, qualified candidates.
This means the best strategic option is to work with an experienced Outsourced Accounting Staffing Agencies that can do all the talent acquisition legwork for you.

Key Sections

What is an Outsourced Accounting Staffing Agency?

An Outsourced Accounting Staffing Agency is a firm that specializes in recruiting accounting professionals for clients across a wide variety of industries. From small businesses in need of a bookkeeper to Fortune 500 firms searching for a CFO, these firms find and screen the best accounting candidates available so hiring leaders can focus on core business activities. And Outsourced Accounting Staffing is becoming very common around the world. In fact, according to Deloitte’s latest Global Shared Services and Outsourcing Survey, Outsourced Accounting Staffing is becoming increasingly common as over 90% of responding firms said they were already outsourcing some functions of their Finance team.

What Roles Can an Outsourced Accounting Staffing Agency Help Fill?

What Roles Can an Outsourced Accounting Staffing Agency Help Fill?

Outsourced Accounting Staffing Agencies search for and connect with qualified Finance & Accounting candidates for temporary, contract, or long-term role­s like:

  • Accounts Payable
  • Accounts Receivable
  • Billing & Receivables
  • Bookkeeping
  • Claims Processing
  • Cost Accounting 
  • Finance and Accounting
  • Financial Analysis
  • General Accounting
  • Loan Processing
  • Paraplanning
  • Payroll Processing
  • Tax Preparer
Once a search is initiated, the Outsourced Accounting Staffing Agency will meet with candidates to understand their skills, experience, wants and needs before presenting them to a potential employer. This is to help ensure a good match between the candidate and the employer. This process helps save hiring leaders time to focus on interviewing only the best candidates.
And there are myriad benefits to engaging with an Outsourced Accounting Staffing Agency beyond simply finding talent for each of these roles.

Benefits of an Outsourced Accounting Staffing Agency

1. Cost Savings

Outsourced Accounting Staffing Agencies can help you minimize the costs of Finance & Accounting talent acquisition (advertising, recruitment software, time spent interviewing, etc.) by finding and presenting the best candidates available while your team focuses on other objectives.

2. Specialized Recruiting Expertise

Outsourced Accounting Staffing Agencies have recruiting expertise that includes experience recruiting for the unique skill sets and qualifications required for Finance & Accounting roles. They can easily and accurately assess candidates’ capabilities so that you are only presented with qualified candidates who possess the necessary skills and culture fit for your team.

3. Temporary and Permanent Placements

Outsourced Accounting Staffing Agencies can provide temporary accounting professionals to handle seasonal peaks or permanent staff to support your long-term goals. This flexibility gives your team on-demand scalability ensuring that you have the right resources at the right time.

4. Expert Negotiations

When working with an Outsourced Accounting Staffing Agency, you’ll discover that they can expertly strike the balance between ensuring clients don’t overpay for talent and that highly skilled talent is compensated fairly.

5. Streamlined Recruitment Processes

In the race to secure the best talent, hiring leaders can’t afford to lose momentum with outdated or inefficient hiring processes. Outsourced Accounting Staffing Agencies use well-honed and hyper-efficient processes to recruit and onboard top Finance & Accounting talent that can cut your talent acquisition timeline in half.

6. Access to Top Talent

Hiring leaders can expand their reach in their search for the best Outsourced Accounting talent when they engage an Outsourced Accounting Staffing Agency. These agencies can provide access to talent across a wider geography and price range so that organizations can e­fficiently select, interview, test drive, and hire the best talent for their needs.

7. Greater Diversity and Inclusion

By now, most organizations understand the power of a diverse and inclusive workforce. Outsourced Accounting Staffing Agencies can aid you in recruiting a workforce with different talents, backgrounds, and perspectives, so you can create an organization with a strong, diverse culture.

8. Quality Assurance

Outsourced Accounting Staffing Agencies conduct extensive assessments and screenings to ensure the talent they provide are not only qualified but also a good fit for the company’s culture and values. These efforts further ensure the quality of the candidates provided and reduce the risk of a bad hire.

9. Confidentiality and Privacy

A reputable Outsourced Accounting Staffing Agency understands the sensitivity of both the client’s need for confidentiality in a competitive market and the candidate’s need for privacy to protect their reputation. Finance & Accounting recruiters take their responsibility to protect confidential information seriously.

What to Look for When Selecting an Outsourced Accounting Staffing Agency

Engaging an Outsourced Accounting Staffing Agency is a strategic decision with broad implications for your organization. Therefore, it is vital to properly vet any provider before signing an outsourcing contract. Some key considerations include:

Capabilities

Evaluate the qualifications, certifications, and experience of the accounting professionals provided by the Outsourced Accounting Staffing Agency but also of the Staffing Agency itself.

Expertise

Consider Outsourced Accounting Staffing Agencies that specialize in your industry or have a proven track record of working with similar organizations. This industry-specific knowledge can be invaluable in understanding your unique challenges and requirements.

Customer Feedback

Research customer reviews and testimonials to gauge the Outsourced Accounting Staffing Agency's reputation for delivering quality candidates and maintaining strong client relationships.

How to Get the Most Out of Outsourced Accounting Staffing Agencies

Selecting the best Outsourced Accounting Staffing Agency is a crucial component of your organization’s talent acquisition strategy. It’s critical to choose an Outsourced Accounting Staffing Agency that can deliver the candidates you need quickly. Consider the following when selecting an Outsourced Accounting Staffing vendor:

What Is Your Budget?

Outsourced Accounting Staffing Agency fees and candidate salaries can be much more affordable than hiring full-time employees for short-term and ad hoc needs. However, remember that some level of onboarding and training will still be required and will add to the final talent acquisition costs.

How Do They Work?

Have each Outsourced Accounting Staffing Agency outline not only their recruitment philosophy but also their talent acquisition processes and customer service capabilities. Get a feel for the firm’s values and the individuals who will be performing your talent search to see if they align with your firm.

Do They Understand Your Expectations?

Any reputable Outsourced Accounting Staffing Agency should demand a thorough understanding of your short- and long-term business and hiring objectives as well as your communication expectations. This clarity is essential for the vendor to be able to work with you and find not only the candidates with the skills you need but that fit your culture as well.

Do They Understand Your Need?

You need a partner who can quickly identify and present talent that addresses your unique resource needs and skill gaps. Look for a history of providing talent to firms in your industry and ask to review references and testimonials.

Can They Protect Your Data?

Business data should be handled with the utmost care and attention to detail to avoid costly security breaches. Ask each Outsourced Accounting Staffing Agency about not only their own security framework but also the presented candidates’ experience in handling sensitive data. NDAs for both vendors and Outsourced Accounting Staff are reasonable expectations.

Reputable Outsourced Accounting Staffing Agencies should be able to address each of the above questions with ease. If you find one that can’t, immediately remove them from consideration.

Choose VALiNTRY as Your Trusted Outsourced Accounting Staffing Agency

VALiNTRY is a leader in Outsourced Accounting Staff Augmentation with over a decade in the business of Finance & Accounting recruiting. As a values-based team, we focus on partnering with you to not only understand your strategies and needs, but also deliver talent that solves your challenges, fits budget, and aligns with your culture.
Let VALiNTRY’s veteran Outsourced Accounting Staffing team use their extensive expertise to uncover the candidates with the skills you need to be successful.

Contact us today to discover how VALiNTRY can become your preferred Outsourced Accounting Staffing Agency!

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