You have come to the right place if you want to know why CPA firms outsourcing to India. As India, without doubt, the knowledge capital, the US, benefits a lot by recognizing its resources. It is why most of even the top most trillion-dollar companies have Indians as their CEOs for being successful. Hence, it is no wonder that many CPA firms in the US and many other countries outsource their work to India.
So, check out the many reasons CPA firms outsourcing to India to serve their clients better and reduce costs.
10 top reasons for CPA firms outsourcing to India
Many people searching for the CPA firm near me are not aware of their outsourcing to India. With high-quality labor costs cheaper in India and the tedious work of accounting, many outsource it to India. It is only because of the following valid reasons that CPA firms outsource to India, including others.
- Will get access to a high-quality talent pool for all the CPA activities, from brilliant bookkeeping for small and big businesses.
- Enable to get higher work efficiency in their operations for the employees to be productive and focus more on their staple functions like providing excellent client satisfaction
- Helps boost innovation with an easy adaptation of increased digitization and many advanced technology initiatives growing the business
- Enables to get world-class CPA services at cheaper costs with no compromise in quality as the Indians are the low-cost labor because of the huge difference between the value of dollars and rupees, the currency of the US and India
- Having avant-garde infrastructure facilities, the outsourcing companies with advanced software and tools with high-speed internet saves time and costs.
- With the ability to be agile to handle vast and diversified CPA functions, it is easy to scale by outsourcing it to Indian companies.
- The Indian rules and regulations for the outsourcing service segment are suitable, with few restrictions or undesirable regulations imposed on foreign firms to make outsourcing easy and fast.
- India’s outsourcing has increased legislative support with updated IFRS, GAAP, and many international taxation and accounting standards.
- Offer a wide range of CPA services from bookkeeping, accounting, auditing, preparing financial statements, among others.
The above facts and reasons will surely convince you for a CPA firm outsourcing to India for your small company to become a global company.