India’s finance and accounting outsourcing sector is evolving beyond low-cost processing to become a strategic partner in global finance transformation.
A 2026 outlook by Swatantra Bhatia, Partner for Accounting and Outsourcing at Forvis Mazars, describes it as a “confluence of opportunity,” driven by regulatory simplification, rapid tech adoption, and a deep talent base.
The shift is already visible, as global firms now look to India not just for transaction processing but also for driving financial transformation, process reengineering, and strategic insights. Multinational companies increasingly build innovation-led partnerships in India, blending operational delivery with advisory support and higher-value outcomes.
From transactional support to value creation
The work itself is changing. Global firms are expanding their captive finance teams and embedding automation, artificial intelligence (AI), and cloud platforms into core workflows, enabling tools that automate repetitive tasks such as reconciliations and invoice processing. This allows finance talent to focus on analytics, forecasting, and business decision support.
This evolution is closely linked to the rise of global capability centers (GCCs), which increasingly anchor high-value offshore operations. According to the India Brand Equity Foundation (IBEF), India hosts more than half of the world’s GCCs, cementing its position as the nucleus for scaled global delivery and innovation.
Reforms, talent give India an edge
Policy reforms strengthen India’s appeal as a global finance hub. In September 2025, Finance Minister Nirmala Sitharaman announced plans to simplify the goods and services tax (GST) structure into 5% and 18% to reduce complexity and compliance friction.
Talent remains India’s strongest advantage. It continues to produce a steady pipeline of finance and accounting professionals, reinforcing its role as a long-term solution to shortages in mature markets. However, Bhatia also flags a growing challenge: rising demand for niche skills in AI governance, analytics, and cybersecurity, making continuous upskilling essential to stay competitive.
The question is no longer whether India can run global finance operations. It’s how quickly companies can scale before the competitive window narrows.
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IBEF. (2025, July 22). India houses more than half of the world’s Global Capability Centres
(GCCs): Report. Retrieved from https://www.ibef.org/news/india-houses-more-than-half-of-the-world-s-global-capability-centres-gccs-report
Macayan, D. (2025, December 26). India emerges as global finance outsourcing innovation hub
— outlook. Outsource Accelerator. Retrieved from https://news.outsourceaccelerator.com/india-finance-outsourcing-outlook/
