Let's be honest, finding good accounting talent is a nightmare these days. I've heard it from so many firms - you're pulling your hair out trying to attract and retain staff. Maybe you're a smaller firm that can't compete with the big guys on salary. Or maybe you're larger but just can't find people fast enough, and you’re turning work away!
Finding staff has become an immense challenge, but I've got a solution that more and more savvy accounting leaders are turning to: finding staff in places like the Philippines. Wait, wait...before you write it off, hear me out.
This isn't your typical outsourcing setup where you're just shipping work off to some faceless contractors. It’s Offshoring, we're talking about building out a dedicated extension of your team - accountants who are just as much a part of your firm as anyone in your local offices.
Think about it...perhaps you already operate across multiple cities or states or have staff working remotely? Well, why not just add another "office" to that mix, just in a cost-efficient location abroad? These are full-time employees, properly onboarded and trained in your systems and processes. The only difference is that the scenery out their window is a bit more tropical.
Now I know what you're thinking: "But won't that be a huge burden to manage? Dealing with overseas laws, visas, payroll, benefits?" That's the beauty of Frontline's offshoring model - you've got an expert provider handling all that backend stuff for you. Your offshore team shows up, trained, and ready to work, while the Frontline manages the legal entity, HR, payroll, IT, and all the other headaches.
The best part? You get skilled accountants at a fraction of the cost compared to hiring locally. We're talking 65-70% less for the same level of experience and education. For a lot of smaller firms, it's the difference between being able to afford top-tier talent or being stuck with graduates. And with those cost savings, you can actually reinvest into better compensation and training for your local employees as well.
Don't get me wrong, this isn't about cutting costs and racing to the bottom. It's about giving you the ability to attract and retain the caliber of staff needed to provide exceptional service and let your firm thrive. No more compromising or turning business away due to under staffing.
If you're hitting a wall finding accounting pros in your area, it's time to start exploring those "international branches." The Frontline offshoring model makes it seamless and risk-free to tap into those talented global labor pools. Your competitors are already doing it - isn't it time you leveled the playing field?
Ready to explore offshoring as a staffing solution?
Schedule a Discovery Call with me, and I’ll walk you through the entire offshore process with Frontline.
Connect with me on: LinkedIn.com/in/adrianbeales
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