Offshore Accounting Services from
Small Business to Large Enterprises
Bookkeeping
Our highly qualified financial experts and accountants will maintain records of your company assets, liabilities, revenue, and expenditures and prepare bank reconciliation and balance sheet accounts reconciliation.
Tax
Accounting
Our skilled tax experts are trained to local and international standards and will assist with your income tax records and BAS reporting to ensure compliance.
Accounts
Payable
Our finance specialists will match your invoices with purchase orders in our system. Information is entered accurately and promptly to guarantee that you are constantly updated on your company's cash flow status.
Accounts
Receivable
Our experts effectively manage the cash inflows and maintain the financial stability of your business to provide you with a clear understanding of your current cash flow status.
Financial
Planning
Let our financial planners analyze your company's financial statements using advanced software, providing actionable insights to help you make informed decisions about your business's financial future.
Internal
Audit
Our skilled tax experts are trained to local and international standards and will assist with your income tax records and BAS reporting to ensure compliance.
Payroll
Accounting
Our finance specialists will match your invoices with purchase orders in our system. Information is entered accurately and promptly to guarantee that you are constantly updated on your company's cash flow status.
Budget
Allocation
Our experts will help you maintain the financial health of your organization with our budget allocation solutions. Our finance professionals understand company budgeting principles and develop solutions that support your financial and company goals.
Small business accounting services can ensure accuracy and allow the board of Directors to focus on growth. Accounting firms for small businesses offer expertise in handling finances, ensuring compliance with tax laws, and providing valuable insights into financial health.
When choosing the right type of accountant, it's crucial to consider the level of expertise and the range of services they can provide. Certified Public Accountants (CPAs) are highly recommended for their extensive training and ability to provide comprehensive financial services, including tax planning and auditing. Their expertise can give you confidence that your financial management is in capable hands.
Basic accounting for small businesses includes tracking income and expenses, managing invoices, and reconciling bank statements. These tasks are fundamental to maintaining a clear financial picture and making informed business decisions.
Despite their expertise, accounting services for small businesses cost considerably less than maintaining an in-house department. This affordability enables organizations to allocate resources efficiently, fostering growth and innovation.
OBP provides a range of small business bookkeeping and financial services. Our services cover simple tasks like accounts receivable and payable, payroll processing, financial statement preparations, and processing tax records. We have a team of finance specialists and accountants trained to international standards. We handle financial accounting processes for small businesses and can conduct thorough financial analyses that offer cost-saving solutions for your business's success.
Accounting is a critical business function. Accurate accounting and timely bookkeeping are of paramount importance to the ongoing performance of your business. Savvy business owners recognize the benefits of utilizing offshore accounting solutions to gain access to trained accounting professionals and maximize their profitability.
Gain Accurate Financial Analysis with Outsourced
Accounting Services For SMEs and Large Businesses
Accounting and bookkeeping are vital functions within any medium enterprise, shaping its daily operations and paving the path for future success. Our company, OBP, specializes in delivering comprehensive accounting, financial, and consulting services tailored to our clients' diverse needs. For large businesses, our expertise in handling complex financial operations ensures that you receive top-tier support tailored to your specific requirements.
Our proficient business accountants in the Philippines offer a spectrum of services such as:
- Anticipating cash flows
- Analyzing gross income
- Providing budget allocation
- Determining the financial viability of the business
Our outsourced professional accounting team ensures your financial peace of mind by focusing on maintaining up-to-date records, diligently monitoring accounts receivable, and issuing accurate and timely reports.
Benefits of outsourcing accounting and finance operations
Small to large businesses take advantage of offshore specialist accounting services by enlisting the expert help of accounting BPO companies. Businesses which utilize outsourced accounting services reap benefits.
The advantages of opting for outsourced financial & accounting services are manifold. SMEs can leverage the expertise of offshore specialists to streamline their financial operations. Large businesses also benefit from the specialized skills and cost efficiencies outsourcing provides. By partnering with reputable finance and accounting companies like OBP, organizations stand to gain the following:
- Cost reductions and enhanced profitability, thanks to efficient resource allocation.
- Heightened productivity and efficiency, driven by specialized expertise and streamlined processes.
- Assurance of quality, accuracy, and timeliness in financial reporting.
- Enhanced transparency and robust data security measures, safeguarding sensitive financial information.
At OBP, our accounting outsourcing solutions can significantly alleviate the burdens associated with in-house accounting functions. Medium enterprises can redirect their focus toward core business concerns while accessing top-notch financial support tailored to their specifications. By establishing an offshore accounts team, you will be able to focus on core business concerns while still obtaining accurate, timely and reliable financial support and information regarding your business.
Whether you want to establish an entire offshore accounts department or provide extra support for your pre-existing in-house team, OBP has the accounting and finance solutions to suit your needs. Give us a call today to discuss specific requirements, alternatively fill in our online form.
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Low Costs and Increased Conversion Rate
India and China may be considered as the top two BPO countries offering the lowest rates, but taking into consideration the above mentioned offshoring advantages, it remains clear that offshoring to the Philippines remains the best choice.
Highly Skilled and Available Workforce
Generally, there are six (6) basic skills which are required from any aspiring remote staff professional. These include: critical thinking skills, agility and adaptability, creativity and innovation, collaboration across networks, accessing and analysing information and effective oral, written, multimedia and multilingual communication skills
Cultural Compatibility
The country's cultural affinity with Western customs and traditions and its strategic geographical location has made it the most ideal offshoring destination in the world.
Data Privacy Policy
Offshore Business Processing values, and respects the Privacy Rights of our Clients, Client's Customer, Business Partners, Contractors, Personnel, and other identifiable individuals or collectively "Individuals".
We are committed to protecting the privacy and confidentiality of Personal Data through adherence to our Data Privacy Principles and the implementation of reasonable and appropriate security measures to ensure fair, appropriate, and lawful processing.
Background and Scope
Offshore Business Processing as a global service provider goes beyond the borders of the residing countries. The global market requires not only the availability of communication, technology, and information systems but also the integrity and confidentiality of processing information including the Personal Data of Individuals that can be reasonably be determined from the information available.
This Data Privacy Policy sets the principles which emphasize the Offshore Business Processing's standard practices for the processing of Personal Data of Individuals. This Policy applies to all personnel and accredited 3rd party service providers who must act consistently with the principles contained in the policy. Domestic and industry-specific privacy statutory laws and regulations shall take precedence over this policy, to the extent applicable within the confines of conflicts of law principles.
Privacy Notice
This privacy notice describes the privacy practices for www.offshorebusinessprocessing.com. This applies to the Personal Information collected by this website. It will notify the user of the following:
- What personally identifiable information is collected from the user through the website, how it is used, and with whom it may be shared.
- What choices are available to you regarding the use of your data.
- The security measures in place to protect against the misuse of information.
How the user can correct any inaccuracies in the information.
Policy Changes on Websites
Any changes to our Data Privacy Policy and Privacy Notice will be made available on our website. If there are changes to how we treat our users' Personal Information, we will notify them via email or put a notification on our website.
The Personal Information/Data we hold about the users must be accurate and up to date. It is the responsibility of the users to ensure that Offshore Business Processing has up-to-date and accurate Personal Information and an active email address for your website update subscription.
What is Personal Information
Personal Information is any information whether recorded in a material form or not, from which the identity of an individual is apparent or can be reasonably and directly ascertained by the entity holding the information or when put together with other information would directly and certainly identify an individual.
Personal Information we collect on our website is First and Last Name, Email Address, Phone Number, and Company through our "contact us" page.
How and Why Do we Collect It?
Aside from our website, we obtain Personal Information in many ways including interviews, correspondence, by telephone and facsimile, by email, from your website, from media or publications, from social media, from other publicly available sources, from our website cookies, and third parties.
We collect your Personal Information for the primary purpose of providing our services to you, providing information to our clients, and marketing. We may also use your Personal Information for secondary purposes closely related to the primary purpose, in circumstances where you would reasonably expect such use or disclosure. You may unsubscribe from our mailing or marketing lists at any time by contacting us in writing.
When you visit our website, www.offshorebusinessprocessing.com, we automatically collect certain information about your device, including information about your web browser, IP address, time zone, and some of the cookies that are installed on your device. Click here to know more about our Cookies Policy. Additionally, as you browse the Site, we collect information about our web pages that you view, what websites or search terms referred you to the Site and information about how you interact with the Site. We refer to this automatically-collected information as "Device Information".
This website may include links to third-party websites, plug-ins, and applications. Clicking on those links or enabling those connections may allow third parties to collect or share data about you. We do not control these third-party websites and are not responsible for their privacy statements. When you leave our website, we encourage you to read the privacy notice of every website you visit.
Disclosure
Your Personal Information may be disclosed in some circumstances including the following:
- Third parties where you consent to the use or disclosure; and
- Where required or authorized by law.
Retention and Security Measures
Only authorized personnel has access to Personal Data and will be retained and disposed of in accordance with Offshore Business Processing's retention and disposal policies, guidelines, and applicable laws and regulations.
Offshore Business Processing implements appropriate and reasonable Technical, Organizations, and Physical Security Measures throughout the Data Life Cycle of the Personal Data that is collected. This involves preventing or at least reducing the probability of unauthorized/inappropriate access to data, or the unlawful use, disclosure, modification, and deletion to protect its confidentiality, integrity, and availability.
Quality of Personal Data and Access
It is important that Offshore Business Processing holds accurate, complete, and up-to-date Personal Data of identified Individuals. It is the responsibility of the Individuals to ensure that collected Personal Data is accurate, complete, and up-to-date. If the Individuals find that the Personal Data is outdated and inaccurate, they should advise Offshore Business Processing as soon as practicable so an update on records can be done and continued quality services will be provided.
Individuals may access, update and or correct the Personal Data by sending a letter of request subject to the approval of the management. Offshore Business Processing will not charge any fee for your access request but may charge an administrative fee for providing a copy of your Personal Data. To protect your Personal Data, we may require identification from you before releasing the requested information.
Contacting DPO
For questions and/or concerns regarding this Data Privacy Policy, use of your Personal Data, or your rights in relation to the Data Privacy Act of 2012, you may contact the Data Privacy Office in the following contact details:
Data Protection Officer
Email: dpo@offshorebusinessprocessing.com
Contact number: (+632) 7502-6411
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