The Outsourced Advantage: A Multifamily Back Office Revolution

Outsourced Multifamily Bookkeeping Back Office
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As the multifamily industry continues to innovate with new technologies and operational efficiencies, outsourcing has evolved from an optional support model to a strategic cornerstone for many multifamily operators and managers.

Driven by the rise of sophisticated technology platforms, AI-powered accounting tools, and specialized providers such as Ascent Multifamily Accounting, 2025 marks a clear inflection point. Outsourcing is no longer just a back-office solution—it is emerging as a distinct competitive advantage.

Industry leaders increasingly view outsourcing as a permanent, high-leverage strategy. While not every company structure lends itself to outsourced models, the flexibility to deploy support across functions—from bookkeeping and financial reporting to payroll and administrative services—makes it a valuable option for driving scalability and operational efficiency.

“Outsourcing doesn’t have to be a stopgap solution,” said one industry analyst. “It’s now a proven model for optimizing internal resources and enabling growth.”

Global outsourcing revenue has consistently exceeded $800 billion since 2012, with projections reaching $1.11 trillion by 2030, according to market research estimates. The finance and accounting outsourcing (FAO) segment alone is expected to hit $48.8 billion in 2025, up from $46.2 billion in 2024. Bookkeeping services are also on the rise, with revenues projected to grow from $46.1 billion in 2024 to $50.6 billion in 2025.

The shift is fueled by rising labor costs, the acceleration of remote work, and the increasing complexity of compliance, tax regulations and investor reporting.

As multifamily operators navigate a tightening labor market and greater demand for real-time financial transparency, outsourcing continues to gain traction as a sustainable strategy—not just a cost-saving measure.

For New Management Companies, Outsourcing Is the Launchpad

If you’re starting your own management company, you're probably balancing capital constraints, hiring challenges, and operational uncertainty. Outsourcing can help you bypass many of these early-stage hurdles. From day one, you gain access to experienced professionals who specialize in multifamily bookkeeping, administrative and payroll services, without the burden of building a full-time staff or infrastructure.

At Ascent, we partner with multifamily owners, operators, and management firms to deliver a full suite of back-office services—designed to act like an extension of your internal team. Whether it’s processing invoices, reconciling accounts, running payroll, or providing custom financial dashboards for investors, we manage the details so you can stay focused on growth.

What Is Outsourcing?

Outsourcing involves forming a relationship with a third-party provider to take over business functions that are traditionally performed in-house. The right provider doesn’t just take tasks off your plate—they bring strategic value, proactive insights, and deep industry knowledge. At Ascent we believe that outsourcing is less about delegation and more about collaboration.

At Ascent we function as your internal accounting team—handling everything from routine bookkeeping to high-level reporting, audit support, and investor-ready financial statements.

What Makes Outsourcing in 2025 Different?

What’s driving this year’s surge in demand for outsourced bookkeeping in multifamily?

  • AI-powered automation is now embedded in daily workflows, accelerating month-end close cycles and improving accuracy.
  • Labor market constraints have made it harder to recruit and retain quality in-house accounting talent, especially for regional or emerging operators.
  • Investor expectations around transparency and timeliness are higher than ever—outsourcing partners help meet those standards consistently.

Key Benefits of Outsourcing for Multifamily Operators

1. Scalability

Need to onboard 10 new properties this quarter? No problem. With an outsourced partner, you avoid the need to hire and train additional internal staff—our team scales with you.

2. Reduced Costs

In 2025, the cost gap between in-house and outsourced accounting continues to widen. On average, clients experience a 30–50% reduction in overhead, especially when factoring in salaries, benefits, technology, and office space.

3. Business Continuity + Talent Stability

Employee turnover is still a major issue in real estate back-office roles. With outsourcing, there’s no knowledge drain when someone leaves. Your workflows remain uninterrupted, and your financial records stay secure and accurate.

4. Industry-Specific Expertise

Multifamily isn’t like other industries. Accounting rules, compliance requirements, and investor reporting expectations are more complex. Our team is trained specifically in the multifamily vertical—we speak your language and understand your metrics.

5. Enhanced Buying Power

As an outsourced provider, we can often secure more favorable rates for insurance, benefits, and vendor services through group programs—savings that are passed directly to you.

Is It Right for You?

Outsourcing isn’t for everyone. But for many operators, especially those managing under 15,000 units or scaling quickly, it unlocks time, talent, and capital. The key is finding a partner whose systems, service model, and culture align with your goals.

At Ascent, we’re here to answer the big questions and help you evaluate whether outsourcing makes sense for your company. If you're curious about real-world examples or want to talk through a specific challenge, I’d be happy to connect.

📞 Call me at (702) 467-0789 to start the conversation.

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Ascent Multifamily

Multifamily Accounting

Ascent points out opportunities that help us drive more revenue even when we think we’ve maxed out a property’s potential. Their knowledge of the multifamily business is exceptional and they make us look good to our owners.

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