Many fast-growing companies today are defaulting to outsourced providers to increase productivity, reduce costs, and provide leaders with leverage to focus on core tasks. A survey by DemandSage reveals that approximately 66% of US businesses outsource at least one department, and while large enterprises traditionally led this adoption, small to medium-sized firms are steadily following suit. According to a report by Clutch, 84% of SMBs said they already outsource some of their activities, and 70% of respondents say they intend to boost their outsourcing initiatives in the near future.
But working with outsourced providers can be hit-or-miss. You can’t always be sure of the quality of the people you end up with, and inadequate hires can require heavy management or correction, offsetting any savings you originally made adopting this business model. MAVI combats this issue by matching companies with US-caliber global finance and accounting talent who are deeply vetted for their experience, technical skills, and cultural fit. This ensures that every MAVI Talent placed in your team integrates as seamlessly as an in-house hire, independently delivering accurate, real-time visibility into your company’s increasingly complex finance function.
Outsourced providers give you manpower that can carry out your finance function at a cost-effective price. However, in exchange, you relinquish some control over your finances and lose internal knowledge, while facing a new breed of management challenges. MAVI can provide you with high-quality talent who work as part of your in-house team, still at a fraction of the cost of hiring domestically and without the overhead. Here’s a quick breakdown of how MAVI edges out traditional outsourced providers.
Outsourced providers often focus on executing tasks without an understanding of a business’s context. While this approach gets the job done, it fails to yield actionable insights that executives can use to scale their operations. MAVI provides you immediate access to mid- to senior-level talent with robust technical accounting knowledge and strong experience with modern technologies, including complex cleanups, process implementation, and financial scale. This means you get partners who don’t just tick off your everyday accounting to-do list, but can effectively uplevel your systems and provide actionable insight that can drive strategies for growth.
The traditional outsourced provider business model is transactional by nature. They do the work as needed by the deadline given – nothing beyond that. This creates a disconnect and robs you of receiving the support you may need to fully make sense of your books. MAVI is tailored to build your in-house accounting muscle, with pre-vetted talent who integrate seamlessly into your team and take full ownership of your finance function from day one. MAVI handles the admin, so you don’t have to worry about payments and contracts, and can zero in on working as partners to improve your accounting department.
Outsourced providers typically segment work across teams, so if something needs rework, it can be hard to pinpoint responsibility. MAVI embeds accountability into its engagement model through highly professional accountants who confidently take ownership of their responsibilities, can collaborate effectively with employers, team members, and stakeholders, and always go about their work with initiative and integrity.
With outsourced providers, scaling often means switching vendors, renegotiating contracts, or adding multiple contractors. Continuity can be guaranteed, but it isn’t always consistent. Your new hire might not be as good as the last, and the work may not be handed off as seamlessly, so you’d have to bridge the gap.
MAVI makes it easy to scale by enabling you to hire high-caliber talent, either part-time or full-time, on demand at a cost-effective price. Continuity is also built in with MAVI – its vast talent network makes sure that you always have access to high-skilled accountants, saving you from disruptive transitions.
Finance leaders often have to carry the weight of supervising outsourced teams, taking away time and resources that they could otherwise dedicate to business development. MAVI’s model is designed to reduce oversight demands. MAVI takes on the overhead, so finance leaders can focus on strategic growth work, and teams can zero in on the work.
MAVI goes beyond just filling roles to tick off tasks in your finance function. It builds you an in-house accounting team designed for scale, with US-caliber global finance and accounting talent who integrate seamlessly into your team and move like partners, driven by a shared vision to scale your operations. MAVI’s deeply vetted talent pool is made up of professionals who possess the skills you need, from basic bookkeeping to month-end close to stakeholder reporting, but also come with a depth of experience and expertise that you can leverage to take your business to new heights – without the stress that usually comes with hiring and managing a team. Book a call to learn more about how MAVI can transform your finance function into a strategic lever for growth.
Traditional providers focus on task completion. MAVI focuses on continuity, accountability, and integration, with talent who integrate and operate as your in-house accounting team.
While pricing structures differ, MAVI offers a cost-effective solution that guarantees high ROI when factoring in increased productivity, better controls and systems, more valuable and actionable insight, true partnership and collaboration, and leverage for finance leaders to focus on business development and strategic finance.
Yes, MAVI provides companies with the flexibility to scale their accounting teams as they grow, offeirng both full-time and part-time talent who can fill in necessary gaps as needed.
No, MAVI doesn’t replace your internal accounting team but supports and amplifies it. MAVI Talent integrate seamlessly into your organization, becoming an integral part of your finance function just like any other team member.
MAVI is the better choice over outsourced providers, especially when a company is prioritizing speed, cost, and reduced overhead, without wanting to sacrifice the quality of their team and the work that they do.