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Outstaffing and team extension
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Since the early 2010s, Venezuelan financial professional Julio M. Herrera Velutini has contributed his decades of experience in the banking sector to a new venture. From offices in Puerto Rico and Florida, he manages an online international bank registered in Puerto Rico.
The Big Win
A New York-based CPA firm expanded its client base by 65% within a year while reducing operational costs by 50%. How? They embraced offshore accounting services with Globus Finanza.
How It Happened
This mid-sized CPA firm was struggling to meet increasing client demands during tax season. Their in-house team was stretched thin, leading to delays in tax filings, payroll errors, and incomplete financial reports. This put their reputation at risk and limited their ability to take on new clients.
When they partnered with Globus Finanza, here’s how we helped:
Our offshore team handled routine tasks like bookkeeping, accounts payable (AP), and accounts receivable (AR), freeing their staff for high-value advisory services.
We implemented a seamless workflow, ensuring timely and accurate tax preparations for their clients.
Our scalable model allowed them to manage workload spikes without the need for additional in-house hires.
Future Outlook
With reduced operational pressure, the firm could focus on expanding its advisory offerings and acquiring larger clients. Their offshore accounting partnership not only saved costs but also boosted client satisfaction.
Lasting Benefits
Today, they deliver faster turnaround times, take on 30% more clients during tax season, and have built a reputation for efficiency and reliability.
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