Accountants, are you considering outsourcing? Why not!
Historically, outsourcing has had a rather negative stigma in the accountancy industry, with many worried if they use services and their?little secret?gets out, it will ruin the practice's image.
What will people think? Will customers ever trust us again? Could people think we’re sloppy?
Of course, these worries are unjust, with outsourcing services, doing quite frankly, a fantastic job.
Well, in the last few years, we’ve noticed a shift in opinion, with many embracing outsourcing as a means to tackle the talent shortage.
In a?recent survey , we found?47%?of respondents are either using outsourcing or are considering it.
Great to see more and more firms openly adopting outsourcing, but these results mean something else:?34%?weren’t interested, and?19%?still don’t trust outsourcing.
Tackling the talent gap: why outsourcing needs to be more than a consideration
Let me guess, in recent times, you’ve struggled to fill vacancies and find candidates with the necessary skills.
This is the situation most UK firms are facing – recent?studies ?found?49%?of accountancy firms are struggling to meet growth targets due to internal resources.
Why? Well, in 2022,?Accountancy Age ?reported a skills gap of?22%, and the?ICAEW ?cited a?36%?drop in the number of applicants year-on-year.
It’s harder than ever before to find the right people.
What options do you have? Paying a ridiculous amount to attract candidates isn’t feasible, but turning down more work and growth opportunities also isn’t ideal.
One word: outsourcing.
Offload your more time-consuming, admin-based tasks to an outsourcing service, freeing you and your people up to focus on more value-added work.
Not only does this approach help with growth and workloads, but it also makes you a more attractive employer as you’re able to offer staff greater fulfilment and more meaningful roles.
What tasks should you outsource?
When it comes to determining which tasks you should outsource, simply remember these four factors.
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You want work which is:
It’s these tasks which make perfect candidates for outsourcing.
A helping hand is always useful – at IRIS, when you look to join?our outsourcing service , we start by reviewing your processes and offerings to help you understand what these tasks are in your practice.
IRIS Outsourcing offers you cost-effective, secure and reliable resources
Why choose IRIS Outsourcing?
Our dedicated outsourcing team has been operating for over 20 years and continues to grow.
We offer a pool of highly qualified and experienced accounting experts; our team possess a diverse skill set and in-depth industry knowledge, enabling them to handle even the most complex accounting tasks with precision and speed.
By tapping into IRIS Outsourcing's talent pool, firms can bridge the expertise gap and ensure the delivery of top-quality services.
Why UK accountants choose IRIS Outsourcing:
IRIS Outsourcing has grown massively over the past 12 months, with many firms using our service to tackle their recruitment challenges.
We have over 400 staff in our skilled team supporting accountants, so if you haven’t spoken to us about our service, why not?