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Outsourcing your finance function

Stay on top of accounting, tax, payroll and compliance while your team focuses on strategy and growth.

Finance that works for every size

Businesses today expect more from their finance functions. Beyond the fundamentals they need insights and strategy. They need to understand profitability by product or location, see cash flow in real time, and make decisions based on data, not guesswork.

Businesses at different stages of growth manage their finances differently. Some rely on an external accountant. Others have built internal teams but face challenges to scale as the business grows or stay up to date with emerging requirements. Still others outsource specific finance tasks or the entire finance function. Each approach has trade-offs, and the right choice will depend on your business needs, growth trajectory, and budget.

Whatever the approach, the goal is to keep the basics flawless while building sophistication as you grow. With Deloitte, businesses of all sizes can access the highest quality accounting, tax, payroll and compliance services, as well as analysis, dashboards, and insights without breaking the bank.

Common challenges

Each model has distinct challenges. Understanding them helps you make better decisions about where to invest and where to partner.

Recruiting experienced professionals is expensive and slow. Salaries, benefits, and overheads add up quickly. When people leave, the business loses knowledge and continuity, plus months of lost productivity while a replacement gets up to speed. If you rely on an external accountant, you're dependent on one person. When they're unavailable or leave, the work stalls and continuity is lost.

Regardless of your model, finance teams spend disproportionate time on repetitive tasks. Month-end close can take five days. Reconciliations consume endless hours. Investment schedules require a full month of manual matching. These tasks consume resources that could be directed elsewhere or in the case of growing businesses, prevent your team from doing strategic work.

Buried in manual work, whether your finance function is internal or external, you cannot do the analysis the business needs. The result is historical reporting instead of forward-looking insights, spreadsheets instead of dashboards. Finance becomes a cost centre rather than a strategic asset.

As the business grows or expands into new jurisdictions, the rules can change. If the finance function isn't set up properly, the business takes unknown risks. Compliance becomes reactive rather than proactive. This is particularly acute for growing businesses scaling without proper infrastructure or those relying on a single external provider.

It can be difficult for a business owner to assess whether their finance function is delivering quality work. Problems often only surface when they matter most: during an audit, when cash flow issues emerge, or when tax complications arise. By then, the cost of mistakes can be substantial. Deloitte delivers consistently high-quality services through experienced accountants who understand both technical requirements and industry specifics. Automation and professional oversight eliminate the risk of errors and ensure accuracy you can rely on.

A scalable, flexible solution

Deloitte's Business Process Solutions (BPS) offers a straightforward approach: outsource some or all of your operational finance work while accessing built-in automation and financial insights. You get better quality and greater flexibility, often at a similar or lower cost than maintaining an in-house team.

BPS works with your current model. Whether you outsource specific processes or your entire function, we adapt to your needs and constraints.

Deloitte ensures that automation and insights are built in from the start, not added later as an afterthought. When Deloitte takes on accounting, tax and payroll, the team identifies where technology can eliminate manual work. A reconciliation process that took 80 hours can be done in 40. A month-end close that took five days can be done in two. An investment schedule that required a full month of manual work can be automated. Understanding your financial position on day one versus day five can mean the difference between capitalising on an opportunity and missing it entirely.

Once the mechanical work is gone, dashboards and AI-enabled software can also be integrated to extract insights and give the business real-time visibility into financial performance. This transforms finance from a compliance function into a strategic tool, providing operational insights that go beyond bottom-line reporting.

Who this is for

This approach works across all business sizes and at every stage of growth.

  • Businesses relying on an external accountant can access enterprise-level capability and insights without the constraints of a one-person dependency. As you grow, BPS grows with you, offering scalability, modern tools, and strategic support that traditional accountants cannot provide.
  • Growing businesses with internal finance staff can choose which finance activities to outsource and which to keep in-house, freeing up existing talent for strategic work. BPS becomes an extension of your team, handling the mechanics so your people can focus on analysis and insight.
  • Larger organisations or groups can optimise how they deliver finance across different regions or business units, reducing overhead while maintaining quality and control. Whether you want to outsource entirely or handle specific functions, BPS adapts to your structure.
     

Finance teams are now expected to manage accounts and provide strategic insights. Finding talent is hard and implementing modern finance systems is costly. Deloitte offers practical finance solutions and access to leading automations and insights at a sensible price point. We grow with your business in ways a traditional accountant cannot, leaving your team to focus on what drives the business forward.

Mark Dalli, Partner, Deloitte Malta

Better quality, similar cost

Working with Deloitte means gaining access to experienced accountants who understand not just bookkeeping mechanics but industry specifics. Deloitte combines deep knowledge of accounting standards, tax, and compliance with automation and finance analytics platforms that enable consistent, high-quality work. Your finance function maintains continuity, with the same team managing your engagement over time and building deep familiarity with your business.

This approach ensures your finance budget is spent smartly. You get senior expertise, professional oversight, and access to technology and insights that would otherwise be out of reach. You gain the scalability to grow as your business evolves, without the cost and complexity of building and maintaining an in-house team. For businesses of any size seeking to maximise their investment and scale flexibly, reach out for a finance function assessment and quote.

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