Top 5 Finance & Accounting Outsourcing (FAO)

Companies in London

London is a lively capital and a leader in technology and fintech. In the first quarter of 2024, over 7,250 tech companies were set up, showing the city's strong growth. The value of London’s tech sector has increased to over £600 billion, with venture capital investment rising by 800% since 2014. London has more unicorn companies, or tech firms worth over $1 billion, than any other city in Europe. Several factors drive this success, including strong investment opportunities, a growing fintech scene, and a diverse talent pool in areas like AI, cybersecurity, and green tech. The startup scene in London is thriving, keeping the city at the top in Europe for tech growth. However, challenges like economic uncertainty and the need for affordable tech workspaces still exist. As these issues are tackled, London’s tech sector is set for even more success.

How Did We Pick the Best?

1

Sniro Limited

LondonUnited Kingdom

Team Size 10-49
Cost of Services $$$$$ $30-70/h

Service Focus:

E-Commerce DevelopmentWeb DevelopmentSEO + See more

Description

For over 13 year, we have been successfully delivering complex projects for clients from different industries with an extra emphasis on quality, innovative design and search engine optimisation, which has made us a trusted partner and a valuable extension of our client’s team. Sniro has always been delivering quality using best practices in cutting-edge technologies to give our customers the best available solution at all times. We hire...

Our Take

You can rely on their competence based on their experience, client references, testimonials, and portfolio. Their TechBehemoths profile effectively showcases their industry know-how.
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2

Gorilla360 Ltd

LondonUnited Kingdom

Team Size 10-49
Cost of Services $$$$$ $30-70/h

Service Focus:

Digital MarketingEmail MarketingPackaging Design + See more

Description

At Gorilla360 Ltd, we offer a full suite of services tailored to meet your business needs, leveraging the latest in technology and innovation. Whether you're looking for IT support, software development, digital marketing, or staffing solutions, we've got you covered. Our team of experts is dedicated to providing top-notch services to help your business thrive in today's competitive landscape. Explore Our Services: IT Onsi...

Our Take

Gorilla360 Ltd is listed as one of the most trusted IT service providers on TechBehemoths. Their good profile score is based on 6 years of experience, a dozen positive testimonials, and 1 completed projects, placing them in the top 58% of over 50,000 IT companies on our platform.
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3

SBFO GLOBAL

LondonUnited Kingdom

Team Size 10-49
Cost of Services Not revealed

Service Focus:

Finance & Accounting Outsourcing (FAO)

Description

SBFO started as a full-service consultancy in 2017, but faced challenges in 2020 due to the pandemic and the war between Ukraine and Russia, leading us to change our model to a virtual office. Over the last five years, we have had the opportunity to collaborate with clients of various stages, sizes, locations, and spaces. We have consistently found that clients' financial commitment is essential to successful outcomes. At SBFO Global, we f...

Our Take

SBFO GLOBAL is a trusted agency with rich experience, positive customer feedback, an ample portfolio, and strong testimonials. Their TechBehemoths profile effectively showcases their industry experience and knowledge.
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4

Integra Global Solutions UK

LondonUnited Kingdom

Team Size 1,000-9,999
Cost of Services Not revealed

Service Focus:

AccountingFinance & Accounting Outsourcing (FAO)

Description

Integra Global Solutions is a UK limited company with its head office located at Ruislip, London, UK and offshore offices in India and Philippines. Integra is UK's premier accounting outsourcing provider serving accountancy firms across the country for over 20 years. We pride ourselves on offering a unique combination of cost effective offshoring solutions combined with local UK support. With a dedicated team of over 1600 professionals, we...

Our Take

Out of 50,000 IT companies listed on TechBehemoths, Integra Global Solutions UK is one that we could recommend for their services. Their reputation lies on facts such as 21 years of experience, a dozen projects delivered and more than a dozen happy clients. It is very likely that they could help you with your next IT project
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What is Finance & Accounting Outsourcing (FAO) and what are its benefits for your projects?

Finance & Accounting Outsourcing services involve partnering with specialized IT companies to delegate financial and accounting functions, allowing businesses to focus on their core competencies. These services encompass a range of offerings such as bookkeeping, payroll processing, tax preparation, and financial accounting providing comprehensive support for commercial development.

According to Grandview research, the global finance and accounting business process outsourcing market was valued at USD 56.42 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9.1% from 2023 to 2030.

If you decide to team up with a specialized IT company for their Finance & Accounting Outsourcing needs, here’s a list of benefits you might be interested in:

  • Cost Savings: Outsourcing financial functions eliminates the need for hiring and training in-house staff, reducing overhead costs and achieving operational efficiency.
  • Expertise and Knowledge: Specialized IT companies provide access to a team of skilled professionals with extensive experience in financial management and accounting practices.
  • Compliance and Accuracy: Outsourcing financial tasks ensures compliance with regulatory requirements and accounting standards, minimizing the risk of errors and penalties.
  • Scalability and Flexibility: Finance & Accounting Outsourcing services can easily scale up or down based on business needs, adapting to changing requirements.
  • Focus on Core Competencies: By delegating financial functions, businesses can allocate their time and resources to strategic initiatives, innovation, and business growth.

At the same time, it’s important to choose the right service provider for your needs and requirements. That’s why when choosing a Finance & Accounting Outsourcing provider for a project,  we recommend you to consider the following criteria:

  • Industry Expertise: Look for providers with experience in serving businesses in your industry, as they will better understand your specific financial needs and regulatory requirements, taking a look at the year when the company was founded, or, the number of real customers can be a good starting point to track their expertise.
  • Service Offerings: Assess the range of services offered by the provider to ensure they align with your organization's financial requirements, such as bookkeeping, tax preparation, financial analysis, or payroll processing.
  • Security and Confidentiality: Verify that the provider has robust security measures in place to safeguard your financial data and ensure confidentiality.
  • Technology and Infrastructure: Evaluate the provider's technological capabilities, such as accounting software proficiency and infrastructure, to ensure efficient and accurate financial management.
  • Client References: Seek references and review feedback from past or current clients to gauge the provider's reliability, responsiveness, and quality of services.

TechBehemoths can assist in choosing the best Finance & Accounting Outsourcing companies for your projects. With a comprehensive directory of over 160 companies offering Finance & Accounting Outsourcing services, TechBehemoths.com simplifies the selection process. At the same time, you should keep in mind that this is an outsourcing service, which means that by contracting a company providing this service, it is possible to lose the location comfort in exchange for a lower price offer.