Why Business Owners Should Hire Remote Accountants For Accounting Operations
                        
 
Why Business Owners Should Hire Remote Accountants 
for Accounting Operations 
Preface  
Analogous to several other industry verticals, accounts and finance as well as  remote 
accounting  has been a trend even before the COVID-19 pandemic. The pandemic indeed fueled 
the popularity of this trend. Businesses that used to be skeptical about remote working models and 
their integrity have also realized the real worth of remote staffing and remote working.  
Business owners that actually  hire remote accountants  are not forfeiting any performance and 
data security. In fact, they enjoy a wider spectrum of advantages if the accountants are hired from 
a reliable firm. Evidently, the remote working models have worked in the favor of business owners. 
In fact, for CPA and accounting firms, this new approach to accounting has brought radical 
changes and never seen before advantages.  
The new-age CPA and accounting businesses have already started investing in the best 
accounting and remote services offered by skilled staff.  
This article covers the exact reasons why any business owner should hire remote staff for managing 
diverse accounting and finance jobs. Regardless of the fact that a business owner has their own 
CPA company or is seeking financial management services for the owned firm, it is worth exploring 
major reasons to consider remote accounting staff or hiring a remote accountant. 
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What does it mean to hire a remote team?  
Do not get confused between a remote working team and hiring an expert team of remote 
accountants.  
If you have an on-premises team that works remotely from their preferred location by abiding by 
your company rules such as working hours, timing, etc., then that is your remote working team.  
On the other hand, when you hire remote accountants, they are not your full-time or part-time 
employees but still provide exactly the same services. Undoubtedly, in many cases, you receive way 
better and more productive services and exceptional advantages by onboarding a remote staff. 
Hiring an expert team of remote accountants also does not mean using accounting services from 
an offshore company. When you hire a team or a dedicated accountant, you receive their 
dedicated working hours. They will work as your extended team, which is why this model is also 
known as the augmented staffing model for accounting firms and CPAs. 
Must Read: Top 10 Best Tax Preparation Software for CPAs and Accounting Firms in the USA 
What are the top reasons to hire remote staff?  
There are multiple reasons and definite advantages to hiring remote accountants from a reliable 
offshore accounting company. The list is quite long, but for you, I have jotted down the top 13 
benefits of adopting the virtual working model.  
 
 
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a) Access to the pool of talent 
According to IWG, annually the USA, China, and India will add $4.5 trillion, $1.4 trillion, and $376 million 
respectively. This will be caused because of the decentralization of opportunities. The employees 
get better overseas opportunities to work, and they have already cultivated the skills to work in a 
remote environment for global customers.  
Thus, when a business like yours looks for remote recruits to handle their finances, they have access 
to a wider talent pool. They don’t need to restrict themselves to the inadequate or restricted talent 
available in the local communities or geographies.  
b) Reduced recruitment cycle and hassle 
According to TalentLMS, remote working and hiring models reduce the total recruitment cost by 
160%. Isn’t it a huge number? 
You don’t need to hire recruitment agencies or go through an intimidating cycle of screening, 
interviewing, and hiring the right talent to handle your business finances. Rather, you can hire the 
best and certified CPAs, CFOs, bookkeepers, accountants, and other financial professionals within a 
few hours spent discussing your business needs and then shortlisting your team. The accounting 
company that has been offering a remote accounting team hiring model has already built a team 
of reliable and expert accounting professionals. The main advantage of the virtual staffing model 
is you can change your team members if you don’t feel uncomfortable after hiring them, which is 
quite difficult due to labor laws in many countries.  
c) No investment in training the team 
When you hire a remote accountant from a company, he or she will be well trained in all jobs like 
bookkeeping, budgeting, and forecasting, cash flow management, working capital management, 
tax return preparation and filling, payroll management, reconciliation, audit, and everything related 
to business finance management. These experts are also well-trained to adapt to the policies and 
working environment of clients. They will use your software such as Xero or Quickbooks and your 
working environment to perform their job to deliver productive work within your environment. All this 
will help in saving huge on training in terms of money, effort, and time. 
Must Read: Remote Accounting Services: Driving Growth and Profitability for 
Businesses 
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d) No investment in accounting tools and infrastructure 
When you decide to hire remote staff, the most recommended option is hiring from a financial 
management company offering augmented staffing services for accounting and CPA firms and 
other businesses. These businesses will not only have teams with the expertise to work with any 
software to manage accountancy jobs, but they will also have a well-established infrastructure. 
They usually use the best tools to provide accurate services. Thus, if you are looking for small 
business services or if you have not set up the whole infrastructure for your finance department, fret 
not. You will get access to the best tools and the latest technology without investing anything in 
addition to that. 
e) Round-the-clock services 
Even if businesses are finding virtual staffing models more reliable, some business owners take a 
back step due to time zone differences. The best news about this is it will work for you and benefit 
you. When you hire remote accountants from the right company, the first thing to rest assured 
about is that they will be very responsive and responsible. This team always stays available to 
attend scheduled calls to discuss your goals, requirements, demands, and needs, or simply to 
understand the report they sent to you. You can even take advantage of the different time zones. 
You can get things done when you are sleeping. Simply assign the task and your experts will send 
you an update before your breakfast time. Isn’t it the most productive way of doing business? 
Simply, keep your businesses functioning and accounts in place even if you are not with this 
beneficial team extension model.  
f) Jacked up productivity 
Time and again, it is proven that when you hire virtual experts, you can double productivity. Your 
team and you will not need to look at the chores as the specialists are doing the vital job. To keep 
you content, they will keep on augmenting your productivity. Moreover, not commuting and 
managing the stress of reaching the office to work, hiring a remote team will deliver more 
productive hours. Besides that, you and your team can concentrate on other productive jobs. This, 
indeed, creates a win-win situation to improve productivity.  
g) Reduced stress level 
Even at the best of times, financial management jobs get frantic due to so many disseminated 
sources of data, complicated processes, intricate implications of law and standards, and more. 
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During busy peak seasons, anxiety and stress level increases due to mounting work pressure and a 
long list of deliverables. Of course, you cannot ignore the daily jobs to be done along with tax 
preparation or financial report creation. All this can lead to serious concerns. However, when you 
hire an extended team of accountants, there is nothing to worry about as it is their stress. All you 
focus on is deliverables. They will manage to deliver reports, audit support, reconciliation, tax 
returns, and more exactly as per the deadlines. So, nothing to worry about and be stressed about!  
Must Read: Why is Outsourced Accounting and Bookkeeping a Smart Choice for Small 
Businesses? 
h) No concern about absenteeism 
Calling sick is normal in an in-house setup. But, when you hire a remote accountant, calling sick is 
not a huge concern. If you have hired a team of professionals, one of the experts will take care of 
the work of the person calling in sick. If you have hired just a single resource, then the company that 
has provided you with the extended staffing option will make the required arrangements to get your 
work done or compensate you for those missed hours. One interesting statistical result shared by 
Indeed states that more than 52% of employees don’t take off while working from home or remotely.  
i) Better preparation for disaster management 
Being prepared for a disaster has become vital for businesses by keeping uncertain scenarios 
caused due to pandemics, wars, economic crises, etc. You can have a better and more reliable risk 
mitigation plan to continue leveraging the advantages of uninterruptible working with a remote 
team. Even if there is an unforeseen disaster like an earthquake or flood, your work will not stop.  
j) Lower expenses 
The upfront expenses are eliminated from the recruitment process. Moreover, you save on hiring 
contracts, printing agreements, and providing workstations, beverages, and other facilities to work 
productively. This would save you somewhere around 15% to 35%. Moreover, you don’t need to put 
a manager or yourself in managing the remote accounting expert that you have hired. The 
company will have a team of managers that will manage the accounting resources for you.  
According to Indeed statistics, businesses that adopt virtual working environments can reduce their 
expenses by 50%. There are so many tools that would be eased out on your balance sheet to 
increase your cash flow and profit with this new-age working model.  
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k) Increased focus on core business 
Accounting is a vital job for any business, but often the core focus of a company is different. Even if 
a business owner runs a CPA firm, he must want to focus on expanding the business, nurturing client 
relationships, and handling other aspects to grow at a rapid rate. By hiring a remote team of finance 
experts, a business owner can put his or her complete focus on core strengths to achieve more 
business goals.  
Must Read: How Does Outsourcing Accounting Service Help Small Businesses? 
l) Improved work-life balance 
When stress goes out, happiness enters. With the remote hiring models to complete your 
accountancy and finance job, you can enjoy working more productive hours in a stress-free 
environment. You will not need to invest time in managing these jobs or work extra hours to handle 
busy seasons. This will add up to the quality of life and quality of work.  
m) Happier clients and staff 
Even though it may sound simple, keeping recordkeeping, bookkeeping, balance sheets, tax 
planning, and other financial aspects of a business is a tedious and intricate job. By hiring an expert 
team of remote accountants, a business owner can alleviate work pressure from existing team 
members. This can indeed keep them feeling content and valued to get external support to do the 
day-to-day jobs. On the other hand, on-time delivery of jobs, accurate and efficient services, and 
excellent customer care can help a CPA firm to keep clients happier, too. This is achievable with a 
skilled remote team of experts handling accounts and finances.  
n) Enhanced business positioning 
Transparent and solid financial data often attracts more stockholders, investors, and creditors. Even 
if you don’t expect any funds for your business, it can help impress your existing and future clients. 
With up-to-date and precise financial reports, you can position your business as one of the leading 
players in your niche.  
o) Contribute to a green environment 
The virtual team of accountants will eliminate the need to print documents, agreements, balance 
sheets, etc. Every job will be done on the cloud and online. Moreover, the virtual working environment 
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also contributes to reducing carbon footprints. As we all know about the severe consequences of 
the green effect, with the adoption of an augmented staffing model, business owners can do their 
bit to save the environment. This will be your contribution towards a green environment.  
 
 
Conclusion 
In a nutshell, hiring remote staff for your business accounts or clients’ financial needs will bring 
radical changes to your business, as well as your industry and environment. For decades, several 
businesses have been taking advantage of this model of working. The pandemic created a tidal 
wave in the adoption of this working model.  
Hiring remote accountants for accounting or CPA firms can generate remarkable opportunities 
and help in easing out the major challenges. Even a small or medium-scale business can reap 
outstanding benefits from this new-age business finance management model. It means business 
owners have plenty of reasons to hire remote accountants.  
If you are thinking of taking advantage of hiring a professional team of accountants, then we, 
CapActix, can help you. We have a highly experienced team of bookkeepers, accountants, 
consultants, CPAs, and other financial management experts. We provide resource-hiring services 
that can help you save up to 75% with our affordable hourly rates. You can also enjoy the scalability 
of team size and several other flexible engagement options that will make this partnership fruitful 
for you. visit the official website of CapActix to read some fascinating facts and blog posts.  
Get in touch with us to discuss how you can leverage a plethora of advantages by hiring accounting 
professionals from team CapActix. To initiate this discussion, please contact us via our email 
[email protected] or you can also call us directly at +1 201-778-0509. 
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