There’s been an explosion of outsourced accounting. The driver behind it all? Technology. Artificial intelligence, automated learning, and robotics do manage manual data entry and transactional work; as a result, internal accounting is more about managing exceptions and outliers.
Businesses of all sizes are outsourcing. While large enterprises outsource transaction work, small to midsized enterprises can outsource all accounting, supporting both transactional data management in addition to controller/CFO level services from support specialist providers.