Accounting Outsourcing for the IT & E-Commerce Sectors: How Indian Firms Can Leverage India’s Evolving Tech Stack for Scalable Growth

November 26, 2025

In 2024, India’s IT and E-commerce sectors handled more than 2.5 billion digital transactions every month. The country’s accounting services market is also on track to reach $65.1 billion by 2033, growing at a steady rate of over 10% annually. These figures clearly demonstrate rapid growth, but they also underscore the pressure on finance teams to keep pace. To ease this burden, many businesses are turning to accounting outsourcing, a smart choice that helps them scale more quickly, remain compliant, and stay ahead of the competition.

The Digital Surge: A New Era for Indian Businesses

A decade ago, a Bengaluru-based SaaS startup struggled to reconcile its books at the end of every month. Tasks like manual entries, GST filings, and vendor reconciliations consumed endless hours. Today, the same company utilizes cloud-based bookkeeping services and AI-driven dashboards, enabling its finance team to focus on strategy rather than managing spreadsheets. This story is not unique. Across India, IT and E-commerce businesses are embracing accounting outsourcing to work smarter, save time, and drive growth. India’s payments and digital identity infrastructure has matured rapidly, with UPI and other India Stack components powering real-time payments and identity workflows for millions of transactions every month.

Outsourcing delivers up to 60% cost savings, faster turnaround, and lower error rates. For IT and E-commerce companies, where transaction volumes can spike overnight, this flexibility is vital for scalable growth.

India’s Tech Stack

India’s evolving tech stack is the backbone of this transformation. The India Stack includes Aadhaar, UPI, e-KYC, and Account Aggregator. It has enabled real-time payments, easy digital identity checks, and secure data sharing on a massive scale.

For finance teams, this means:

• Instant vendor payments and reconciliations.

• Automated GST filings and compliance.

• Real-time access to financial data, anywhere, anytime.

Indian firms, especially chartered accountants in Bangalore, are at the forefront of integrating these technologies. They utilize cloud platforms such as Zoho Books, QuickBooks, and Tally, along with woo commerce for e commerce, razorpay and cashfree for payment gateway, zaggle for employee expense management, This tech-driven approach ensures that even as your business grows, your finance operations remain seamless and compliant.

The Challenges: What Keeps Founders Up at Night?

Growth brings complexity. IT and E-commerce companies face a maze of GST rules, cross-border transactions, and data security risks. Managing high transaction volumes, vendor reconciliations, and refunds can be overwhelming for in-house teams. Many startups struggle with:

• Frequent changes in tax laws and compliance requirements.

• Integration of new tech with legacy systems.

• Shortage of skilled professionals who understand both technology and accounting.

This is where bookkeeping services from specialized Indian firms make a difference. They bring sector-specific expertise and the ability to scale teams up or down as needed.

Founders often think hiring in-house is safer. But this comes with hidden costs: salary and perks, software, overhead, and training — which together often equal nearly ₹50,000 per month. Outsourcing changes the math by converting fixed costs into a flexible service fee, delivering a dedicated accountant, encrypted portals, weekly updates, and three-layered reviews that keep books audit-ready.

BC Shetty & Co: Your Local Partner for Global Ambitions

At BC Shetty & Co., we’ve witnessed this journey up close. With 40 years of experience, our team of chartered accountants in Bangalore has guided IT and E-commerce businesses through every stage of growth. From private limited company registration to day-to-day compliance, we offer comprehensive solutions tailored to your needs.

Here’s how we support you:

• Cloud-based accounting with easy-to-use real-time dashboards.

• GST services, including GST registration in Bangalore and refund support.

• GST services, including GST registration in Bangalore and refund support.

• Payroll, tax, and regulatory advisory for businesses with cross-border operations.

We work with trusted platforms like Tally, Zoho Books, and KEKA for payroll, so your finance team always stays ahead of the curve.

The Outsourcing Journey

The Road Ahead: Growth Without Limits

The future will favor businesses that know how to adapt, scale, and continually innovate. Outsourcing your accounting is no longer just about cutting costs; it's also about gaining efficiency and expertise. It is about creating a finance system that grows with your business. With India’s strong digital infrastructure and the support of firms like BC Shetty & Co., IT and E-commerce companies can stay focused on their core businesses. If you are ready to see how accounting outsourcing can drive your next stage of growth, reach out to our team of chartered accountants in Bangalore. Together, we can make your finance operations as agile as your business.