Missed Opportunities And The Case For Finance Flexibility
June 19, 2025
June 19, 2025
PwC, one of the four largest accounting firms by revenue, recently released its May 2025 survey of U.S. executives. Notably, 57% of executives say they are missing opportunities because they can’t make decisions fast enough, and 58% of Chief Financial Officers are focusing on core finance capabilities like cash and liquidity forecasting. Businesses should ensure they have the appropriate accounting and finance functions to properly record and analyze their results.
While large enterprises have the resources to run full accounting and finance teams, ensuring their financial data is processed, recorded, and most importantly, analyzed on a timely basis, many small- and medium-sized companies cannot support the overhead costs to directly hire the level of expertise their business deserves. When considering the cost of these functions, companies must not only consider compensation and benefits, but also the expense of hiring, ongoing training, and turnover. Outsourcing the accounting and finance functions is an effective solution that can provide high-quality, relevant data for operating executives to make the right decisions for the business to thrive.
The finance needs of a smaller business can fluctuate greatly based on economic, market, and operational factors. As new opportunities present themselves, there may be temporary increases in finance needs, including assessing new markets, product lines, or acquisition targets. Hiring for peak business needs is not a cost-effective solution; likewise, not having the resources you need, when you need them, can result in missed opportunities. An outsourced finance function scales up and down as needed, keeping costs low when resources are not needed, and available when needs arise.
With 61% of companies already taking steps to reduce costs and 65% adjusting forecasts in response to recent volatility, outsourcing your accounting and finance functions offers a practical path to both goals – enhancing financial management at a comparatively low cost.
Stradiot Consulting & Advisory provides accounting and finance services to businesses of all sizes, tailored for each business and flexible to scale with demand. With deep financial knowledge and strategic expertise, we deliver the insight and guidance your business deserves to navigate uncertainty and drive success.
This article is for informational purposes only and should not be relied upon as financial, investment, or business advice. If you would like personalized guidance and support, please contact us.