Outsourcing finance & accounting

Save up to 70% on staffing cost whilst driving innovation and growth

Your one-stop shop for finance & accounting outsourcing advice.  We cover:

  • Accounting outsourcing
  • Certified bookkeeper
  • CPA services
  • Freelance bookkeeping
  • Online bookkeeping services
  • Online payroll services
  • Outsourced accounting services
  • Corporate payroll services
  • Bookkeeping company
  • Accounting and bookkeeping services
  • Find an accountant
  • Outsourced bookkeeping
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Outsourcing for the finance & accounting sector

For every company, the financial stability is one of the main goals in achieving company success. As such, it is absolutely necessary to have proper and accurate financial accounting procedures in place to achieve the company’s financial health.

What is finance and accounting?

A lot of businesses and entrepreneurs have embraced outsourcing various business functions including finance and accounting. But, why should you consider outsourcing in your business? Would known outsourcing benefits help your business achieve its utmost potential in the industry? With the advancement of technology, the way we do business these days is far different from how things are done before especially when it comes to finance and accounting. Sometimes, it can even be hard to keep up with the changes in the technology as well as the constant changes in accounting policies.

Outsource or do it in-house?

There is a reason why businesses outsource finance and accounting services from external service providers. For one, the biggest reason is the affordability of quality accounting functions. Outsourcing accounting personnel for a specific task proves to be more cost-effective and often even cheaper compared to hiring a person in-house and building your own accounting team. Another reason why outsourcing has become famous in finance and accounting is the already available and established processes that service providers have. They don’t only offer personnel but also tried and tested accounting processes like invoicing, paying bills, and reconciling accounts that can make the entire process faster. It means that you can now avoid the regular headaches you get when organizing your business accounts.

Another reason to outsource finance and accounting is the availability of experienced people and staff from outsourcing companies. They offer services that are task-specific which require them to be trained, knowledgeable, experienced, and certified for it. It means that when you outsource, you can get an expert to do your finance and accounting tasks, better than a regular in-house employee who is not an expert for the job. Accounting involves a lot of organization from all processes and documents that come with it. Sorting everything out requires a lot of time and effort. But, when you outsource this function, you can relax and give more focus on improving your core business functions. Hiring experts for the job also gives you a guarantee that it will be accomplished with little to no errors and discrepancies. When it comes to a business’ accounting documents, a CPA would always be a great help in sorting out and reconciling every data. However, hiring one in-house can be extremely expensive. Fortunately, you can outsource an accountant for your business. Outsourcing a CPA can greatly make your accounting issues so much easier.

Outsourcing finance and accounting

One of the reasons why outsourcing finance and accounting services have become well adopted by a lot of companies is because it offers a certain level of reliability. When you hire an outsourced accounting service, you get reliable support. Unlike when your in-house employee had a sick or vacation leave, service providers often have a secondary staff to fill in whenever one of their personnel is not available. There are a lot of small yet extremely intensive tasks involved in keeping your business accounts organized and updated. Fortunately, with outsourcing, you don’t have to deal with the daily redundant and time-consuming finance and accounting tasks. You can let your outsourcing partner do the hard work for you, and you can give more attention to revenue-producing business functions.

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14 outsourced finance & accounting roles & candidates

Outsourcing gives you access to a wide range of qualified and highly motivated resources, at a fraction of the cost.  Here are 14 great examples!

The 6 key benefits of finance & accounting outsourcing

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600+ suppliers

We connect you to the most suited of our 600+ BPO suppliers

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A completely independent, transparent and fair process
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6 finance & accounting outsourcing success stories

Average monthly outsourcing costs (USD)

Here’s a guide to the typical ‘all-in’ costs of outsourcing roles.

These figures represent a good cross section of roles, and include the office space and hardware, recruitment and HR, employee salary, taxes and benefits, plus oversight and account management.

Entry-level role

Employee salary:
$400-$500pm

BPO seat fee:
$500-850pm

TOTAL COST:
$900-$1,350pm

Mid-level role

Employee salary:
$700-$800pm

BPO seat fee:
$500-850pm

TOTAL COST:
$1200-$1,650pm

Technical role

Employee salary:
$950-$1,200pm

BPO seat fee:
$500-850pm

TOTAL COST:
$1,450-$2,250pm

Executive level

Employee salary:
$1,800-$2,200pm

BPO seat fee:
$500-850pm

TOTAL COST:
$2,300-$3,050pm

Finance & accounting outsourcing salary comparison chart

All amounts are in U.S. dollars (USD$) per annum

  • JOBS
  • Accountant
  • Customer Service
  • Copy Writer
  • Graphic Artist
  • HR Manager
  • IT Representatives
  • Project Manager
  • Software Developer
  • Software Engineer
  • Technical Support
  • Team Leaders
  • Virtual Assistance
  • PHILIPPINES
  • $5,959
  • $3,337
  • $4,767
  • $3,883
  • $9,506
  • $5,722
  • $21,458
  • $7,221
  • $8,333
  • $4,638
  • $7,152
  • $2,285
  • U.S.
  • $67,190
  • $29,717
  • $56,600
  • $46,658
  • $78,007
  • $61,758
  • $108,000
  • $81,994
  • $109,087
  • $36,924
  • $75,823
  • $42,240
  • U.K.
  • $72,923
  • $22,137
  • $52,088
  • $38,668
  • $46,669
  • $24,741
  • $57,296
  • $39,913
  • $44,459
  • $35,225
  • $31,174
  • $39,066
  • AUSTRALIA
  • $58,479
  • $35,275
  • $62,653
  • $37,596
  • $66,518
  • $59,938
  • $86,029
  • $62,653
  • $62,653
  • $38,232
  • $45,428
  • $31,797

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Example finance & accounting outsourcing suppliers

Below are some of the verified outsourcing service providers that specialized in real estate. Outsource Accelerator can give you the best rates possible for your outsourcing needs.

SOURCE PARTNER

Executive Boutique LLC is a US-owned and managed company. It was founded by experienced business…

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3 podcast
SOURCE PARTNER

From Switzerland to the Philippines. Arcanys is a Swiss software development outsourcing firm in the…

5 articles
3 podcast

24/7 is a Business Process Outsourcing and an Inbound and Outbound Call Center provider in…

5 articles
3 podcast
SOURCE PARTNER

Hammerjack’s expert team has more than 100 years combined business process outsourcing experience, have successfully…

5 articles
3 podcast

[24]7.ai is redefining the way companies interact with consumers. We help businesses attract and retain…

5 articles
3 podcast

Intelegencia started its operations in March 2009 with just one team member inspired by the…

5 articles
3 podcast

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SAVE 70% ON STAFFING; DRIVE QUALITY & GROWTH

12 reasons why you should outsource to the Philippines

Hiring in-house vs. outsourcing

  •  
  • Salary & benefits
  • Hiring & training cost
  • Facilities and equipment
  • On-boarding and support
  • Quality control
  • Legal compliance
  • In-house
  • Expensive
  • Need recruiter/HR
  • Depreciating assets
  • Need manager
  • Time consuming
  • Can get expensive
  • Outsourced
  • Up to 70% cheaper
  • Provided by BPO company
  • Conducive workplace
  • Specialised trainers provided
  • Quality checks all throughout
  • Managed by BPO company

Using a BPO supplier vs. agency vs. freelancer vs. Upwork

  •  
  • Best rates
  • Quality control
  • Expand and scale
  • Operational backup
  • Leadership team
  • Trading and upskilling
  • Facilities and offices
  • BPO Company
  • Agency
  • -
  • -
  • -
  • -
  • -
  • -
  • Freelancer
  • -
  • -
  • Upwork
  • -
  • -
MARKET-LEADING OUTSOURCING SERVICES

How we can help enhance your finance & accounting business with outsourcing

FULL-TIME DEDICATED
STAFFING & FACILITIES

from $6 /hr
ALL-IN COST*
  • Simple pricing structure, all inclusive of the ff.
  • COMPLETE STAFFING
  • Dedicated full-time staffing
  • Highly qualified & professionalised workforce
  • Recruited specific to job description
  • Excellent English & cultural alignment
  • Vetting, training & onboarding
  • FULL SALARY, TAXES & BENEFITS
  • Gross basic salary, plus 13th month bonus (compulsory)
  • Government contributions (SSS,etc.) & Health insurance (inc. dependents)
  • FACILITIES
  • A-grade facilities in prime locations
  • Modern hardware, desk & equipment
  • Fast Internet, utilities & redundancy
  • Serviced office accessible 24x7*
  • ADMINISTRATION
  • Human resources, +/- recruitment services
  • Administration, corporate tax & compliance
  • IT support, security & redundancy
  • Company events & outings
  • BEST FOR
  • 1-50 staff (agile, varied roles)
  • Hands-on team management
  • Varying day-to-day deliverables
  • Cost-effective staff augmentation
see details

FULLY-MANAGED
SOLUTIONS

from $9 /hr
ALL-IN COST*
  • All of the ‘dedicated staffing & facilities’ PLUS
  • STRATEGIC ARCHITECTURE
  • Identifying facilities, location & outsourcing structure
  • Designing hierarchy, key roles & resources
  • Identifying the deliverables & key metrics
  • Process documentation & knowledge transfer
  • OPERATIONAL OVERSIGHT
  • Building the team & hierarchy
  • Defining the deliverables
  • Implementation & alignment
  • Alignment to HQ mission, objectives & culture
  • End-to-end setup & management
  • DELIVERABLE-BASED SOLUTIONS
  • KPI, targets & metrics
  • Process mapping
  • Operational management
  • Continuous improvement
  • RESULTS GUARANTEED
  • Ensuring best operational structure, prices, processes & results
  • BEST FOR
  • 5-50++ staff (structured teams)
  • Clearly defined, delineated & mapped processes
  • Hands-off team management
  • Existing, stable roles & processes
see details

Meet outsourcing experts and see inside BPOs

Outsource Accelerator is the trusted source for independent information & advisory for Philippines’ Business Process Outsourcing (BPO)

Connect with outsourcing experts

Outsource Accelerator knows a lot about outsourcing, but our real strength lies in our ability to bring together all the outsourcing sector’s experts into one room.

Our understanding of the Philippine outsourcing industry, and our connections to the BPOs and their owners and leaders, is unrivalled.

The Activation Consultation gets you direct access to these industry leaders and experts – it includes 12+ expert interviews, and can connect you to them direct.

Experience real BPO tours

The Activation Consultation gives you first-hand experiences and first-hand knowledge.  The consultation provides virtual BPO tours, to give you a real, behind-the-scenes experience of Manila’s BPO scene.

There is a lot of uncertainty surrounding outsourcing centers and staffing conditions. Some are concerned that staff are underpaid, and even treated unethically.

Join us on our virtual BPO tours and find out what its really like in a BPO.

Testimonials: outsourcing works!

Hear from business owners across the globe who use and benefit from outsourcing.

  • 99.99% applicability: Outsourcing can applied to almost any business in almost any business sector
  • Transformative: Outsourcing is possibly the most transformative business tool available today
  • Save 70% on staffing costs: You can save as much as 70% on staffing costs, enabling your company to flourish
  • Drive innovation & growth: Access to cheaper more abundant resources allows your company to drive innovation and growth

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About Outsource Accelerator

Outsource Accelerator is the trusted source for independent information & advisory for Philippines’ Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator is the world’s leading platform and marketplace for outsourcing. It specifically promotes Philippines outsourcing to the world.

The Outsource Accelerator website has over 3,000 articles, 200+ podcast episodes, and a comprehensive directory with 600+ BPOs… all designed to make it easier for clients to learn about, and engage with, outsourcing.

Independent trusted advice

Outsource Accelerator is not a BPO, and will never provide outsourcing services. That is why it can be trusted by everyone in outsourcing. We offer advisory services related to outsourcing, but not actually outsourcing.

Derek Gallimore

Derek Gallimore has been in business 20 years, outsourcing 6+ years and living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

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