Whiz Consulting is a premium outsourcing company offering accounting and bookkeeping services. Their senior executive revealed their thoughts on outsourced accounting services in a recent interview. They shared, "Outsourcing accounting services has come as a boon for numerous industries struggling with their core operations. It has become their knight in shining armor, enabling them to better focus on their core operations." 

Outsourced accounting services refer to accounting processes given to an independent third party to fulfill. Before beginning their services, a contract with negotiations regarding fees, responsibility, services, etc., gets acknowledged by both parties. It provides evidence in case of misunderstandings and disputes. A company looking to outsource these services must practice utmost diligence in picking a suitable firm. One mistake can cause many issues that may negatively impact the finances. 

A few excerpts from the interview with the senior executive of Whiz Consulting about outsourced accounting services are available as follows:

Being a senior accounting outsourcing company, what has been your experience?

Whiz Consulting has been in the accounting outsourcing industry for over a decade. It has been a rollercoaster ride, but we have learned a lot. From the experience point of view, we have seen numerous changes in recent years. The bookkeeping industry has gone from spreadsheets to cloud accounting to various other advanced solutions. Incorporating them in our work has given us the necessary advantage against our rivals and helped us serve our clients better. 

What changes have you seen in the outsourcing accounting community?

Earlier, the hesitation among companies for outsourced accounting services was high. Today, firms welcome this idea with open arms. The benefits have not changed. However, the market scenario and factors affecting companies have taken a turn, and they need to stay ahead of them.  

Also, earlier flexibility was not possible, and clients got offered a set standard of services. The changing time has increased the significance and benefits of customization. Businesses considered these services to be of large-scale firm assistance. However, these have become highly affordable for every firm. 

What are the future trends in the accounting outsourcing industry?

The demand for skilled accountants is on the rise. However, it has led to an upsurge in their salaries. The firms unable to afford these amounts are resorting to outsourced accounting services. 



Technology is playing a highly essential role in accounting. Artificial intelligence, automation, and analytics enhance productivity and significantly cut costs. Security is of utmost prominence to organizations. Outsourcing firms employ features that prevent hacking and cyber crimes to protect their client's sensitive data. 

Cloud computing is another transformation that benefits monotonous tasks like accounting the most. The anywhere anytime access facilitates remote accounting. Social media is helping outsourcing firms connect to their potential customers. Also, accounting outsourcing today does not restrict to routine bookkeeping. Still, it includes various value-adding services like advisory, KPI reporting, etc. 

What services does your facility offer?

At our facility, companies involved in legal, marketing, real estate, e-commerce, hospitality, healthcare can avail of the following services:

Bookkeeping

Accounts receivable

Accounts payable

Financial reporting

Accounts reconciliation

Data entry

Invoice processing

Payroll management

Budgeting and forecasting

KPI reporting

Business Advisory services

Management accounting

Project accounting

Virtual CFO

Ratio analysis

Financial accounting

Tax management

We use the latest accounting software, including:

Xero accounting

Quickbooks accounting

Freshbooks accounting

Sage accounting

 Zoho accounting

Other cloud accounting software

We serve small, medium, and large-scale businesses and ensure accuracy and reliability. 

About Whiz Consulting: 

Whiz Consulting is a well-known accounting and bookkeeping services provider, offering fit for all packages. It reduces overhead costs and conserves capital expenditure on infrastructure, systems, etc. Clients get access to a pool of trained professionals without any additional expenses. Businesses focusing on higher efficiency and core operations get a strategic advantage with their services. 


Services offered by Whiz Consulting give scalability and dedicated support via technological advancements. They establish contact with customers and assess their requirements to prepare a work proposal. Then, they prepare prices and contracts and start delivering. 
https://www.whizconsulting.net/us/services/accounting-services/