Warren Averett’s Roger Spain, CPA, CFA, of our firm’s Birmingham accounting and advisory office recently contributed to Outsourcing is In, Business Owners Say, a piece in the Birmingham Business Journal that discussed the growing trend of outsourcing help in the accounting, HR and IT industries.
Outsourcing is In, Business Owners Say examined how technological advancements and changes in government regulations, combined with the pandemic, widespread remote work and record resignation rates has led to a rapid spreading of outsourcing professional services in small businesses and beyond in the local Birmingham community.
Along with other contributors, Spain discussed the increase in demand for outsourced accounting services from different kinds of businesses. He said technologically advanced industries and companies with a more geographically diverse employee group are more open to outsourcing. He has also seen an increased demand for general ledger and payroll services.
The development of cloud-based accounting has sped up the demand for outsourcing. Spain said that another factor is the tight labor supply in the accounting industry.
“The great resignation we read about is having a real impact on companies everywhere,” Spain said in the article. “We often hear from companies when they lose a key person in the accounting function, and they are interested in filling the void with a service provider. That allows them to shift the difficulty and headache of employee recruitment and retention onto a service provider.”
Spain is a Principal in our firm’s Consulting Division. He has over 25 years of public accounting experience providing auditing and consulting services, litigation support and business valuation services. Additionally, he has multiple years of experience as a commercial banker.
As a result of his varied background, Spain has worked in numerous industries, and he applies his broad experience to businesses facing strategic challenges. His background as an advisor combined with his experience as a commercial lender gives him a unique perspective among other consultants.