If there’s ever a phrase every startup should know from day one, it’s technical accounting services—a foundational part of building a scalable, compliant, and investor-ready business. Whether you’re bootstrapping or scaling rapidly, these services serve as your financial safety net and are helpful for audit preparedness.
And while startups are often all hands on deck, there’s one area you shouldn’t DIY. Accounting.
In this post, we spoke with Maria M. Sanjurjo, CPA, Partner at AD Advisors, LLC, and Partner at Outsource Dimensions, LLC, to understand why startups should consider outsourcing their accounting services.
What Are Technical Accounting Services?
Technical accounting services go beyond basic accounting and bookkeeping. Unlike standard accounting services, technical accounting adheres to stringent standards that startups must follow to ensure compliance with applicable rules and regulations.
You might think of this service as a consulting service. However, Sanjurjo made a point to mention that technical accounting goes far beyond consultancy. Sanjurjo said, “For advisory work, clients often think it’s a one-size-fits-all service. In reality, our technical accounting approach is highly customized to the unique stage, goals, and challenges of each startup we support.”
A technical accountant works alongside you to grow your business while handling much of the accounting and financial reporting. This includes ensuring GAAP compliance, preparing the Company’s financial statements, and documenting accounting policies and procedures, which include writing memos that support the Company’s position in its compliance with accounting standards.
It’s a beneficial service for founders who juggle many tasks and need a trusted advisor to handle the technical accounting and reporting of the Company.
Why Startups Benefit From These Services Early
Working with a technical accounting service in the beginning stages isn’t just a smart financial move—it’s necessary.
As unfortunate as it is, it’s easy to make a simple financial mistake early on that can have lasting effects on your business.
Technical accounting professionals serve as guardrails to ensure your business remains aligned with relevant rules and regulations. This safety net can help you avoid expensive cleanups or delays.
Sanjurjo added, “Not being audit- or review-ready can become very costly. We work with startups to ensure their books are compliant before those critical milestones hit.”
Additionally, when your books are in order, you help increase the investor confidence needed to secure the future of your business.
Why Outsource Technical Accounting?
We asked Sanjurjo why startups should consider outsourcing their technical accounting. She said, “A few of the benefits of outsourcing the accounting function are an immediate cost benefit, the ability to expand capacity very quickly, and the application of consistent and best practices across the accounting function as a whole.”
Let’s expand on her insights:
- Cost savings: Hiring an in-house financial team can be expensive. Chances are, you’ll need at least two employees to manage your finances and check each other’s work. Outsourcing your accounting needs gives you instant access to an expert team of professionals. This is often much cheaper than hiring two full-time employees.
- Access to deep expertise: Have a tricky question that you can’t find an answer to? Ask your outsourced team. An outsourced accounting firm is comprised of highly specialized accountants. They can provide an accurate, timely answer to keep your business moving forward.
- Application of consistent and up-to-date industry practices: Outsourced accountants prioritize staying ahead of industry trends and best practices. With their knowledge and experience, they help ensure your company’s financials remain compliant with accounting standards.
Why Work with Outsource Dimensions?
Technical accounting can be challenging, even more so when you’re juggling multiple responsibilities for your business. However, seeking outside help from a top technical accounting advisory team can help keep your business on the right track.
As Sanjurjo said, “The value isn’t just in producing clean financials—it’s in helping startups build the financial infrastructure that supports their long-term growth.”
Outsourcing your accounting in the early stages of your growth helps sidestep potentially costly mistakes—mistakes that could harm your business.
Instead, start your business off strong. Schedule a consultation with Outsource Dimensions and learn about our expert outsource accounting and advisory services.