Accounting Outsourcing

Delivering the best value for money

Why Outsource Accounting?

Accounting outsourcing involves delegating bookkeeping and financial reporting functions to a specialized service provider. Engaging an external team enables companies to:

Optimize costs
Outsourcing is consistently more cost-efficient than maintaining an in-house accounting team. Large enterprises typically achieve savings of 25–35%, while smaller companies may reduce costs by 2–3x.
Focus on core business activities
Outsourcing frees up internal resources, allowing management to concentrate on strategic priorities rather than building and supervising an internal accounting function.
Streamline and automate processes
Service providers are incentivized to enhance efficiency and automation, ensuring lean and scalable operations without unnecessary headcount expansion.
Access best practices in financial management
Extensive cross-industry experience enables the application of proven methodologies and leading practices tailored to each client.
Enhance accounting quality and reliability
The provider assumes contractual financial liability for errors in accounting or reporting. Professional liability insurance further mitigates client risk.

Why Outsourcing Outperforms In-House Accounting

Talent shortages and rising labor costs
Focus recruitment efforts on key business roles while delegating back-office functions to a trusted provider.
Operational continuity
Seamless service delivery regardless of employee vacations, sick leave, or turnover.
> Quality assurance
Contractual guarantees covering financial consequences of potential errors.
Flexibility and scalability
Rapid adaptation to changing transaction volumes and business needs.
Highly qualified specialists
Access to multidisciplinary expertise, including IT, tax, and legal advisory.

Outsourcing accounting is not only a cost optimization tool but also a strategic decision that enhances financial transparency and operational resilience. In an environment of evolving regulations and increasing reporting requirements, partnering with a professional provider enables businesses to operate with confidence and focus on growth.

Scope of Accounting Outsourcing Services

Core Services

End-to-end accounting (“turnkey solution”)

comprehensive accounting across all areas in compliance with local GAAP and tax regulations

Tax reporting

tax calculations and preparation of statutory reports for tax authorities, social funds, and statistical agencies

Accounting methodology

development and maintenance of accounting policies and methodologies; audit support.

Document management

processing of primary documentation, reconciliations, and communication with counterparties.

Banking operations

support for banking and cash transactions, including documentation for currency control

Tax inspections

interaction with tax authorities, support during audits, responses to inquiries

Advisory services

Consulting in finance, accounting, and taxation

Additional Services

Payroll processing

Full payroll calculation, including all variable components: vacation pay, sick leave, bonuses, benefits, etc.

HR administration

Personnel record management, HR audits, policy development, and data restoration

Payment agent services

Execution of incoming and outgoing payments across Europe, the US, and China; trade agent services.

Automation (1C, EDI, HR digitalization)

End-to-end accounting automation solutions based on 1C and electronic document management systems.

Bellerage Expertise

TOP 3

in RAEX ranking among Russian providers of accounting outsourcing services

ISO 9001

certified for international quality management standards

24/7

data exchange and payroll control from anywhere and any device via Bellerage Online©

1С

official franchisee, leader in implementing electronic HR document management based on 1C

Case Studies

Client

Large steakhouse chain in Russia

Request

Transition from in-house accounting to outsourcing due to:

Rising accounting costs and HR challenges
Delays in reporting and lack of automation
Errors caused by high staff turnover

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Result

Accounting costs stabilized; team management fully transferred to Bellerage
Treasury function automated — payment processing speed increased 3x
Budgeting automated — monthly reports delivered on time
Accounting processes optimized, methodology revised, tax benefits maximized
EDI implemented and integrated with warehouse systems
Access to additional expertise (finance, tax, IT, legal); support in business expansion and tax model optimizatioт

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Client

China-based importer operating on Russian marketplaces

Request

Accounting previously handled by a freelancer, resulting in:

Accumulated errors and overdue reporting
Communication breakdowns and lack of reliability
Inability to handle increased workload as the business scaled

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Result

Seamless integration with marketplaces implemented in 1C
Accounting fully restored: audit conducted, errors corrected, overdue reports submitted
Tax issues resolved and claims withdrawn

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Client

Russian subsidiary of a German equipment supplier

Request

Need to replace existing outsourcing provider due to: