Why Outsourcing Financial Systems Is a Smarter Move for Modern Businesses

28 July 2025 | Chris Bartram

Free your finance team to focus on strategy-while experts handle the systems behind the scenes

Finance leaders today face mounting pressure from multiple directions: boards demanding faster insights, operations requiring seamless integration, and regulatory bodies expecting flawless compliance. For many growing businesses, managing financial systems in-house creates unnecessary complexity and diverts focus from value-driving activities.

Outsourcing financial systems management is emerging as a strategic solution, offering not just cost savings, but sharper performance, expert oversight, and long-term agility.

1. Focus on Core Business, Not Technical Administration

When finance teams are stretched between strategic planning and technical administration, neither area gets the attention it deserves. Outsourcing financial systems allows businesses to reallocate internal resources to high-impact activities, while experienced professionals manage system performance, updates, and troubleshooting in the background.

By outsourcing financial systems businesses hand off the technical heavy lifting-like managing integrations, updates, and system performance, so in-house teams can focus on what they do best: driving growth, insight, and value.

Whether you’re a SaaS company, a nonprofit, or a private equity-backed group, keeping your internal teams focused on strategic finance-not on system maintenance. This is crucial.

2. It’s a More Cost-Efficient Model

Building and maintaining an in-house team with specialist financial systems knowledge is expensive. From recruitment and training to certifications and staff turnover, the hidden costs add up fast. And often, those resources are underutilised or stretched too thin.

Outsourcing removes those fixed overheads and replaces them with a more scalable, cost-efficient solution. Clients working with Verostone benefit from expert-level support without the ongoing cost burden of maintaining full-time internal system administrators.

The result? Lower costs, better performance, and no compromise on quality.

3. You Gain Access to Platform Experts

Verostone’s team is made up of financial systems specialists who live and breathe platforms like Planful and Xledger. Our experience goes beyond basic support, we understand how to tailor these systems to your business needs, optimise them for performance, and ensure you’re getting full value from your technology investments.

Whether you need a faster close, more agile planning, or better cross-functional reporting, our experts bring the insight and technical know-how to make your systems work harder for you.

By outsourcing to a partner who knows the platforms inside and out, you turn your system into a competitive advantage.

4. You Enable Continuous Improvement-Without the Disruption

Financial systems should never stand still. As your business evolves, your systems need to keep pace, with updates, new features, changing processes, and evolving compliance requirements.

Outsourcing enables a culture of continuous improvement without disrupting your daily operations. Our team works behind the scenes to ensure your system is always optimised, aligned to your goals, and making use of the latest enhancements and functionality.

It’s not just about managing the system; it’s about constantly improving it.

5. Don’t Just Maintain Your Systems-Maximise Them

Outsourcing your financial systems isn’t about handing over control, it’s about gaining access to the right expertise, at the right time, with the right outcomes. For organisations that want to scale smarter and make finance a true strategic function, outsourcing is no longer just an option; it’s a competitive edge.

Find Out What Outsourcing Could Do for Your Business

Verostone provides expert-led financial systems management across platforms such as Planful-so your team can focus on driving performance, not fixing problems.

Contact us here to see how we can help you simplify, scale, and succeed.

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To find out how our innovative EPM software can take the pain out of your financial data management and processing, get in touch today by calling +44 (0)1932 548 465, or email us at hello@verostone.com for an initial consultation.

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