Driver Accounting

How Driver Accounting Saved 55% on Hiring Costs by Scaling Their Team with LatAm Talent

When Driver Accounting set out to hire a bookkeeper, they faced the high salary expectations of the Canadian job market. In contrast, hiring talent from Latin America proved to be a cost-effective solution.

Driver Accounting

Results in Numbers

55% Saved in Hiring Costs

This means the company saves $23,367 per year in salaries alone.

$18,000/y Salary

Filling the same role with Canada talent would have cost $41,367 per hire.

28 Days to Hire

Driver Accounting changed scope mid-search and still hired a Junior Bookkeeper in less than a month.

Consider how much you want to earn

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Choose your pricing strategy

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Every project is different

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Create rate charts

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Conclusion

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About Driver Accounting

Driver Accounting is a digital accounting firm that simplifies bookkeeping and financial management for contractors. As their business grew, they needed to hire a bookkeeper quickly. Hiring in Latin America appealed to them due to the time zone overlap with Canada and access to skilled, cost-effective talent.

They partnered with Vintti to hire a Junior Bookkeeper and were so satisfied with the process that they opted to hire a more experienced candidate than initially planned.

"The entire process, and the entire Vintti team, right from the very first meeting has been incredible. I have been really impressed with everyone I have worked with. “

– Jim Manning, Driver Accounting

Company Overview

  • Industry: Accounting
  • Location: British Columbia, Canada
  • Company Size: 2-10 employees
  • Website: Driver Accounting

The Challenge

The Tough Choice of Changing the Scope Mid-Search

Driver Accounting's search for a trainee bookkeeper evolved into a more complex undertaking. The options were clear but challenging: either hire a more junior professional with a shorter learning curve but a higher salary or proceed with a trainee candidate requiring extensive training but offering long-term flexibility.

Recognizing the critical nature of the first offshore hire, Vintti adopted a collaborative and consultative approach. They assembled a specialized team—combining the expertise of their recruitment specialists with the hands-on guidance of an account manager—to work closely with Driver Accounting at every step.

Why Driver Accounting Chose to Partner with Vintti

Through detailed discussions and a thorough analysis of the required tasks, Vintti advised Driver Accounting to pivot toward hiring a more experienced bookkeeper. This decision, while requiring a fresh candidate search, ultimately aligned better with the company's operational needs and saved the business from the hidden costs of training a trainee.

Despite the inherent risks of shifting focus mid-search, Vintti's proactive communication and personalized approach kept the process smooth and collaborative. By closely guiding Jim through each stage and providing continuous updates, they ensured he remained confident and engaged.

Success Story

How Driver Accounting Achieved a 55% Reduction in Hiring Costs

When Driver Accounting set out to hire a bookkeeper, they faced the high salary expectations of the Canadian job market. In contrast, hiring talent from Latin America proved to be a cost-effective solution.

The firm was able to secure a skilled professional for just $18,000 per year—far less than the estimated $41,367 it would have cost to hire a similar role in Canada. This strategic decision resulted in significant savings, reducing their hiring costs by 55% without compromising on the quality of talent.

Smart Hiring: Why Latin American Talent Was the Right Fit

Driver Accounting was drawn to the strong work ethic and adaptability of Latin American professionals. Initially, they sought a trainee bookkeeper, but they quickly realized that many trainees in Latin America were still students and not looking for full-time positions. This prompted them to rethink their approach and opt for a more experienced candidate. This decision paid off, as hiring someone with prior experience minimized the need for extensive training in Canadian accounting laws, making the transition smoother and allowing the new hire to contribute immediately.

Jim Manning, President of Driver Accounting, also noted that top Latin American candidates exhibited the same level of expertise and dedication as their North American counterparts, reinforcing their confidence in hiring from the region.

“I ended up finding a higher-level, more experienced person than I was initially looking for, but in the long run, I believe this will be the best thing for me and my company." – Jim Manning, Driver Accounting

Takeaways

Driver Accounting’s success in hiring Latin American talent highlights three key insights:

  1. Hiring in Latin America allows companies to access high-quality professionals at competitive salaries.
  2. The best LatAm candidates have a strong growth mindset and work ethic.
  3. Partnering with an experienced recruiting firm, like Vintti, ensures a smooth and efficient hiring process.

Are you part of a fast-growing, remote-friendly company looking to hire top talent while saving on hiring costs? Schedule a free call with our recruiting experts today.

Conclusion

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