For Large-size accounting firms
   
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In today's competitive economy the large accounting firm faces numerous business challenges in its day-to-day operations. Many of the world's top accounting firms realized years ago that outsourcing layers of non-mission-critical work offshore could result in significant business advantage and generate substantial operational and financial benefits. Widely viewed by experts as a strategic business enabler across a wide range of industries, a growing number of large accounting firms are now embedding various outsourcing strategies as an integral part of their business planning.

The large accounting firm environment is not immune to being affected by organizational and operational issues that can limit efficiency levels and inhibit their growth. These firms will want to examine how outsourcing specific components of production work can improve performance leading to new business opportunities. Outsourcing will help these organizations to increase competitive positioning and realize quantifiable financial gains.
 
  • Facing challenges to lower business operating costs
  • Missing opportunities to gain market share
  • Experiencing difficulties in the long-term retention of accounting expertise
  • Work output is falling short of capacity and forecast
  • Challenges in developing and implementing strategic growth plans
  • Faced with "overhired" and "underhired" human resource dilemmas
  • Increasing engagement complexities are affecting the ability to meet client deadlines
  • Budget and personnel constraints are inhibiting the firm's competitive market position
 

The implementation of a hybrid work paradigm (in-house + outsourcing) has proven itself in the accounting industry as one that can yield improved cost and performance ratios. By integrating ABACA into your business process, you can increase work output, focus on your core professional services, develop and strengthen client relations and generate a positive impact on your bottom line.

ABACA will assist you in an assessment of your production work environment and provide you with a plan of how to integrate a distributed and outsourced work process model; one that extends across geographic and temporal boundaries and one that identifies the numerous benefits to your firm.
 
  • Benefit from a fixed cost model related to elements of accounting production
  • Assist the firm with internal expense reduction planning
  • Free up high-cost, high revenue-generating professional time
  • Increase production through the advantages of concurrent file processing
  • Realize an accelerated billing cycle
  • Create an improved climate for advancing and strengthening client relations
  • Allocate resources to market and identify new business opportunities
  • Time to plan and deliver additional service value
  • Opportunity to increase the pool of specialized resources and accounting talent

ABACA Solutions is a Canadian professional services firm specialized in providing outsourcing solutions to the fast-paced and demanding Canadian public accounting market. Since 2006, with the company's strong team of professional accountants in its Canadian and International offices, ABACA has been delivering superior levels of service founded on quality, timeliness and security. ABACA services focus uniquely on optimizing segments of both the corporate and personal tax production process. As a result, accounting firms benefit by generating higher rates of productivity yielding higher returns from their existing human resource assets. Outsourcing production work to ABACA, firms realize positive impacts on their revenue streams and profitability.