Outsourcing vs Offshoring vs Offshore Outsourcing 

As finance and accounting firms navigate talent shortages, rising costs, and increasing client expectations, many are turning to global delivery models to scale efficiently. But what’s the right approach - outsourcing, offshoring, or offshore outsourcing?

At Asaya Partners, we support CA & CPA firms and Accounting Practices through outsourcing and offshore outsourcing models by helping them access specialized skilled talent, benefit from structured training and development, and achieve cost-effective growth without compromising quality.

Here’s a clear breakdown of each model, their pros and cons, and how they apply to the finance and accounting industry.

Understanding the Models

1. Outsourcing

Outsourcing refers to engaging a third-party provider (like Asaya Partners) to perform specific functions. This model offers fast scalability, reduced operational burden, and access to expert skills without having to hire internally.

2. Offshoring

Offshoring involves setting up a company-owned operation in another country. Unlike outsourcing, this gives the firm full control over staff, processes, and systems, but requires significant investment in infrastructure, compliance, HR, and ongoing management.

Note: Asaya Partners does not currently support the offshoring model (i.e., company-owned foreign operations), but we can advise firms on how offshore outsourcing can deliver many of the same benefits, without the overhead.

3. Offshore Outsourcing

This hybrid model involves working with a third-party provider in a different country (like Asaya Partners), offering the benefits of cost savings and access to skilled talent, with none of the complexities of setting up a foreign entity. This is a key area where Asaya Partners delivers value to CA & CPA firms and Accounting Practices.

Why Firms Choose Outsourcing or Offshore Outsourcing

Whether you're a sole practitioner, mid-sized firm, or scaling multi-office practice, outsourcing and offshore outsourcing offer significant benefits:

1. Access to Specialized Talent
   Tap into a pool of skilled professionals trained in international accounting principles, cloud platforms (like Xero, QuickBooks, Intuit, Sage), and regulatory frameworks relevant to your jurisdiction.

2. Cost Efficiency
   Reduce staffing costs by 40–60% without compromising service quality. Offshore outsourcing allows you to scale profitably and competitively.

3. Focus on Core Services
   Free up internal teams to focus on strategic services like advisory, client engagement, and business development, by outsourcing compliance-heavy, repetitive and transactional work.
4. Training & Learning Support
   At Asaya Partners, we provide structured learning pathways and hands-on training to ensure our teams are up-to-date with evolving compliance requirements and best practices, so you don’t have to invest heavily in onboarding or continuous training.

Ideal Functions to Outsource

Here are the most commonly outsourced or offshore outsourced functions for CA/CPA firms and Accounting Practices:

1. Bookkeeping and General Ledger Maintenance

2. Accounts Payable & Receivable Processing

3. Payroll Processing & Compliance

4. Tax Return Preparation & Filing (Individual, Corporate, GST/VAT)

5. Management Reporting & Financial Statement Drafting
6. Basic FP&A Support – Budget tracking, variance analysis, data consolidation

What About GCCs or Offshoring?

While larger enterprises may consider offshoring via Global Capability Centers (GCCs), this model is best suited for businesses with the resources to manage foreign legal entities, HR, IT, and compliance functions.

At Asaya Partners, we simplify this by offering an offshore outsourcing model, delivering many of the same benefits (skilled global teams, scalability, cost efficiency) without the operational burden of setting up and managing a foreign office.

Why Partner with Asaya?

By working with Asaya Partners, CA/CPA firms and Accounting Practices gain:

1. Access to a pre-vetted, finance-trained talent pool

2. End-to-end support for accounting, compliance, and tax processes

3. Training infrastructure to ensure ongoing quality and accuracy

4. Cost-effective solutions designed for professional service firms
5. Flexible engagement models to scale with your growth
6. We act as an extension of your practice, helping you deliver more to clients while optimizing costs and internal focus.

Ready to Explore Outsourcing or Offshore Outsourcing?

If you're a CA/CPA firm or an Accounting Practice looking to expand your delivery capacity, reduce costs, or improve operational efficiency, Asaya Partners can help. Let’s explore the right outsourcing model tailored to your firm’s size, scope, and growth stage.