In recent years, a transformative shift has been sweeping across the landscape of US-based CPA firms. A growing number are turning their gaze towards the East, specifically to India, in search of innovative solutions to age-old challenges. But what's driving this sudden allure? Why are CPA firms, rooted in tradition and local expertise, looking for answers on the other side of the globe?...

Every year, as the tax season approaches, CPA firms find themselves grappling with a myriad of challenges. From managing an overwhelming volume of tax preparation tasks to keeping up with constantly changing tax laws and regulations, the pressure is immense. Additionally, client expectations for accuracy, transparency, and timeliness add to the strain, making it a hectic period for these...

In today's dynamic financial landscape, CPA firms face an escalating complexity in audit processes. As regulatory demands intensify and financial transactions become more intricate, the need for meticulous and comprehensive audits is paramount. To navigate these challenges, there's a discernible shift towards outsourcing audit support services. India, with its rich pool of skilled profes...

In the evolving accounting arena, CPA firms are increasingly embracing outsourcing to enhance efficiency and cost-effectiveness. The rise in outsourced accounting services, especially to countries like India, is fueled by global business expansion and state-of-the-art technology that enables seamless international collaboration. This trend offers a plethora of benefits, including signifi...

Within the field of accounting, the process of tax preparation frequently emerges as a necessary yet tedious and time-intensive task. For accounting firms in the U.S., who are already adept in navigating the intricate world of tax codes and financial consultation, the recurring task of tax preparation can occasionally seem like a diversion from their primary expertise. This blog is de...

In the intricate world of finance, fund managers and portfolio management companies stand at the crossroads of huge volumes of transactions and managing large assets under management AUM’s. The demand for specialized accounting services for fund managers has seen a significant surge. According to a report by Grand View Research, the global asset management market size was valued at USD 4...

The accounting sector is undergoing a transformation, as an increasing number of CPA firms are embracing the benefits of offshore staffing solutions, including offshore accounting staff. According to a survey by the American Institute of CPAs (AICPA), approximately 42% of CPA firms are outsourcing some of their services. This shift is driven by the need for operational flexibility and sc...

In the age of digital transformation and global business expansion, offshore accounts payable (AP) management has become a cornerstone for many enterprises. By offshoring AP functions to locations like India, organizations can leverage cost benefits, specialized expertise, and streamlined operations. Amidst this backdrop, Coupa emerges as a leading solution, offering a cloud-based Busine...

In the modern era of global business, Accounts Payable (AP) Management is not just a financial function but a strategic imperative. For U.S.-based companies, the quest for operational excellence and cost optimization often leads to offshoring their AP Management to countries renowned for their IT prowess, such as India. This strategic shift not only promises significant cost benefits but...

Accounts Payable (AP) Management is vital for maintaining financial accuracy and ensuring timely payments in the business world. For U.S.-based companies, as globalization drives more businesses to seek cost efficiencies and expertise, offshoring the AP Management function to India has become a prominent strategy. This move allows companies to tap into specialized knowledge and advanced ...