When is Outsourcing Your Accounting Needs the Right Move?
The episode discusses challenges companies face in finding quality accounting talent and explores outsourcing as a potential solution. It covers reasons for the accounting talent shortage, including competitive job markets, and how outsourcing strategies from firms like Personiv can help address these challenges.
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Key takeaways
Companies struggle to find quality accounting talent due to a multi-layered competitive job market.
Personiv offers a solution leveraging a global talent network to provide quality outsourcing services.
Remote tools have improved in recent years to foster more productivity and engagement in outsourcing.
Companies have been struggling to find quality accounting talent for years now. The reason why is multi-layered, including a competitive job market, but one of the major reasons we’re focusing on in today’s episode of the podcast is hiring strategy.
What Personiv, an outsourcing firm and frequent guest company on the podcast, has tried to bring to the market is a solution that takes advantage of the wide network of outsourcing talent across the globe while retaining quality, communication and buy-in.
How effective is their strategy, and is it helping bridge the gap between companies and their accounting needs?
Our guest, Matt Wood, Vice President of Client Services at Personiv, joined the podcast to give his breakdown of different hiring strategies, which work best and when, and why communication tools are making outsourcing more realistic for companies of any size.
Wood and host Daniel Litwin discuss…
- How impactful and realistic the CPA shortage really is and the core reasons it’s happening
- The pros and cons of in-house hiring, staffing agencies, and outsourcing
- How companies are reacting to outsourcing in today’s economy
- How remote tools have improved in recent years to foster more productivity, accountability, engagement and team building
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About the author
Daniel Litwin is a journalist of multiple disciplines focused on finding and telling engaging stories for B2B communities. He has interviewed executives from Fortune 500 companies including Honeywell, Microsoft, John Deere, and Chipotle, and leads editorial direction at MarketScale. Litwin hosts weekly shows and podcasts while helping develop new content approaches across the MarketScale platform. He holds a B.J. in Radio/Television Reporting/Anchoring and a B.A. in Spanish from the University of Missouri-Columbia.
