How Furey FS Scaled Their Finance Team Without Slowing Operations, Thanks to South

Curious how Furey FS scaled its finance and accounting team in just 33 days while cutting costs in half? Here’s how South made it happen.

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Furey FS partnered with South to expand its accounting and finance operations in Latin America, building a structured financial team in just 33 days while maintaining high reporting standards and reducing hiring costs by approximately 55%.

Industry
Finance

Country
USA

Company Type
Financial Services Firm

“Everything is going great, and we seem to be recruiting rather quickly for each role that opens up.”

Dennis Furey
CEO & Co-Founder, Furey FS

The Partner: Furey FS

Furey FS is a financial services firm offering bookkeeping, payroll, bill payments, outsourced CFO support, and capital advisory services.

Their mission is to provide businesses of all sizes with reliable financial reporting and strategic financial guidance that supports sustainable growth.

Because financial operations sit at the core of business decision-making, Furey FS operates with high standards for accuracy, compliance, and operational discipline.

As the company expanded its client base, scaling its internal finance team became essential to maintaining the quality and reliability of its services.

The Goal: Build a Scalable Finance and Accounting Team

To support continued growth, Furey FS needed to expand its operational capacity across several key financial functions.

Rather than hiring slowly one role at a time, the company aimed to build a structured team capable of handling increasing financial workloads while maintaining reporting accuracy and compliance standards.

The focus was on strengthening core accounting operations, payroll processing, financial analysis, and internal coordination.

The South Solution: Building a Structured Finance Operations Team

South partnered with Furey FS to execute a coordinated hiring initiative across multiple financial roles.

Within 33 days, South helped build a cross-functional finance team structured around three key areas:

Accounting Operations (5 hires)

Supporting daily accounting workflows, financial reporting, and reconciliation processes.

(5 Accounting Associates)

Payroll & Administrative Coordination (3 hires)

Managing payroll processing and administrative coordination across financial operations.

(2 Payroll Specialists, 1 Administrative Coordinator)

Financial Analysis & Strategic Support (2 hires)

Providing deeper financial insights and supporting high-level financial planning.

(2 Senior Financial Analysts)

South managed the full hiring infrastructure, from sourcing and vetting candidates to coordinating contracts, payroll, and compliance,enabling the Furey FS team to onboard new hires smoothly and quickly.

The Result: Stronger Financial Operations at a Sustainable Cost

In just over a month, Furey FS successfully expanded its finance organization with experienced professionals capable of supporting both operational accounting functions and higher-level financial analysis.

The impact included:

  • Stronger financial reporting capabilities

  • Smoother accounting close cycles

  • Improved payroll management

  • Full compliance across financial processes

Operationally, the team integrated quickly and delivered strong execution with minimal ramp-up.

Financially, the company achieved approximately 55% cost savings compared to equivalent U.S.-based hires.

By partnering with South, Furey FS demonstrated that nearshore hiring can support highly structured, compliance-driven industries, enabling companies to build scalable finance teams while maintaining operational rigor.

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