The global IT & ITES industry is experiencing a major shift in the way they operate. With waves of digital transformation reshaping the global technology market, businesses are actively seeking ways to transform their everyday operation by optimizing their processes. For every business looking to optimize their processes making them more cost effective and efficient, outsourcing has emerged as a strategic growth solution. Especially when it comes to finance and accounting (F&A) functions of the IT & ITES businesses.
The diverse nature of F&A functions within the IT & ITES space demands specialized expertise, efficient processes, and advanced technological ecosystem to keep up with the evolving regulatory requirements of the space. While the emergence of artificial intelligence (AI) and machine learning has given a new solution to streamline the F&A processes, partnering with a F&A outsourcing service provider still is the most efficient and cost-effective solution for every business looking overcome their F&A challenges. In this blog we will be taking a closer look at some of the most evident reasons why IT and ITES companies are opting for F&A outsourcing in 2025 and what are some of the major trends and benefits that outsourcing has to offer.
F&A Outsourcing in IT & ITES - Key Drivers
The accounting talent shortage became a global crisis in 2024, worsening in 2025. According to a recent study, the potential accounting talent deficit could reach 3.5 million by 2025. This severe talent shortage has disrupted financial reporting and compliance processes across IT & ITES sectors. As a result of the ongoing talent shortage, global IT and ITES companies are partnering with F&A outsourcing services provider to streamline their operations and increase their profit margins.
1. F&A Talent Shortage Deepens
The accounting talent shortage became a global crisis in 2024, worsening in 2025. According to a recent study, the potential accounting talent deficit could reach 3.5 million by 2025. This severe talent shortage has disrupted financial reporting and compliance processes across IT & ITES sectors. As a result of the ongoing talent shortage, global IT and ITES companies are partnering with F&A outsourcing services provider to streamline their operations and increase their profit margins.
2. AI and Automation to Accelerate F&A Outsourcing
The growing adoption of AI and robotic process automation (RPA) within the IT sector enables companies to transform their processes and functions, making them more efficient and cost-effective. However, the severe lack of specialized talent is hampering the F&A transformation for IT and ITES companies. This is why they are increasingly partnering with specialized F&A outsourcing service providers, as they offer specialized AI and RPA-driven F&A services such as automated payroll processing, invoicing, accounts payable, accounts receivable etc. As a result, IT and ITES companies not only get instant access to a specialized talent pool for their F&A requirements but also save their hiring costs.
3. Growing Regulatory Complexities & Compliance Requirements
The global IT & ITES sector is heavily regulated as it caters to various jurisdictions. It makes adhering to regulatory requirements and different financial laws much more challenging. Furthermore, building an in-house team that can stay on top of all the regulatory changes in the F&A space can be both taxing and expensive. From tax laws to financial reporting standards, you need a team to help you on top of everything. This is why major IT and ITES players turn to specialized F&A outsourcing services providers. These outsourcing services providers have dedicated teams and skilled individuals who understand the nitty-gritty of the finance landscape, making sure that you are always in adherence with the evolving regulations and protected from the risks associated with non-compliance.
4. Real-Time Financial Insights & Analytics
IT & ITES businesses thrive on data, which helps them make informed business decision and optimize processes. Modern F&A outsourcing service providers leverage advanced F&A data analysis software and tools to provide you accurate financial insights and predictive intelligence. This allows you get complete visibility into your cash flow, revenue forecasting, and financial performance, enabling data-driven decisions. This is another key driver that’s encouraging use of F&A outsourcing services among the IT and ITES services providers.
F&A Outsourcing - A Growth Catalyst for IT & ITES Companies
While outsourcing has always been a strategic growth enabler across industries, it’s role as a growth catalyst for IT and ITES companies is a lot more prominent. Here, we have listed some of the key benefits that the F&A outsourcing service providers offer to enable growth in the IT and ITES sector.
Improved Operational Efficiency and Cost Savings
Cost reduction and optimal operational efficiency are critical for IT and ITES companies. By outsourcing their F&A functions or at least some tasks, IT and ITES companies eradicate the need to hire and maintain an in-house F&A team. This helps them save millions of dollars in training, hiring, infrastructure, and investing in other F&A tools. It also makes their processes error-free, efficient, and streamlined. In addition to these, there is increased financial transparency and improved cash flow, all of which translate to increased growth for F&A service providers.
Scalable Services for Business Expansion
Most modern F&A outsourcing service providers offer customizable F&A service packages tailored to business growth. Thus, you can scale your F&A services up or down per the seasonal or business requirements. This enables IT and ITES companies to manage seasonal F&A function demands without increasing your in-house staff or causing staff burnout due to overworking. As a result, your F&A team experiences an excellent work life balance and is able to contribute heavily toward business growth.
Seamless Integration with Existing Systems
Most F&A functions still work on legacy systems, making integrating with more modern and advanced F&A software or platforms challenging. Enabling this integration can be cost-intensive and pose a serious threat to your customer data. However, the F&A outsourcing services providers have the necessary infrastructure and expertise to seamlessly integrate with your F&A function without affecting your overall cost of engagement. This gives you peace of mind and assures your data safety and business growth.
While these are some of the significant aspects in which F&A outsourcing enables growth for IT and ITES companies, there are several other benefits that you will be able to unearth after partnering with such service providers.
How DBAccounting is Helping IT and ITES Companies Harness F&A Outsourcing as a Strategic Growth Solution?
IT and ITES companies constantly look for means to reduce costs, streamline F&A operations, and optimize processes; by partnering with us, they get access to advanced F&A automated solutions that offer real-time financial analytics and seamless processes, which helps them do so. We are strategic growth partners with leading IT and ITES enterprises, enabling innovation and growth in F&A functions. As outsourcing evolves with the advent of AI and ML, we will continue to evolve our processes and create more agile solutions, ensuring a strategic edge for our clients.