Finance and Accounting Outsourcing, Philippines

The Philippines has become a global hub for shared corporate backroom operations. Some of the financial and accounting services offered by BPO companies in the Philippines include:

• accounting and bookkeeping
• account maintenance 
• accounts receivable collection
• accounts payable administration
• payroll processing
• asset management
• financial analysis and auditing
• management consulting
• inventory control and purchasing 
• expense and revenue reporting 
• financial reporting
• tax reporting

There are also a number of finance-related services offered, including:

• financial leasing
• credit card administration
• factoring and stock brokering
• logistics management
• cargo shipment management  

Foreign companies prefer to set up backroom operations in the Philippines because of the large number of talented, English proficient IT, HR, accounting, engineering and business graduates in the country. These working professionals are well-known for their marked customer service orientation, superior work ethic, high degree of trainability, flexibility, multicultural adaptability, and loyalty. Rounding up the Philippines’ advantages as a BPO destination are its strategic location, the availability of prime yet low-cost real estate in the country, its  increasingly cost-competitive telecommunications system, its expatriate-agreeable lifestyle, and its progressively IT-friendly policies and incentives.

Contact Kittelson & Carpo Consulting