Outsourcing finance and accounting (F&A) functions is no longer just an option for large, multinational corporations looking to reduce overhead costs—it’s a strategy that businesses of all sizes are leveraging for greater efficiency, scalability, and access to specialized expertise. When done right, outsourcing these critical functions can free up valuable internal resources, streamline processes, and even contribute to a stronger financial strategy overall. At the same time, it’s important to approach outsourcing with a clear plan and a set of best practices to guide decisions. In this article, we’ll walk through what it really means to outsource your finance and accounting roles effectively, spotlight the main benefits, highlight potential pitfalls, and share some tried-and-true best practices for making it all work.