Accounting and Finance

Outsource Your Financial And Accounting Functions For Huge Savings

Finance and accounting is a critical component of any company, and while poor accounting can easily ruin your business, great accounting gives you the power to grow your company exponentially. There are many accounting services which can easily be outsourced, from accounts payable/receivable to cash flow analysis, payroll accounting and tax records. OBP's finance specialists are trained to local and international standards and can manage accounting tasks for small businesses to large enterprises. There are several pros and cons related to finance and accounting outsourcing. Larger companies are often wary about outsourcing accounting responsibilities due to fears regarding regulatory compliance and small businesses often find in-house accounting to be financially draining but may fear to take the leap to outsourcing due to inflexible and unpredictable costs. OBP can alleviate these problems and more and offer access to finance and accounting specialists delivering expert advice and flexible solutions that enable you to outsource some or all of your accounting tasks with confidence while saving money.

Outsourcing your accounting operations can transform your business. By outsourcing these tasks, you free up your internal resources to address other core business concerns. So why not give OBP and your business a chance?

OBP's Finance And Accounting Initiative

Maturation of the business process outsourcing (BPO) sector means that previous slim pickings in accounting and finance solutions have expanded to include a broader range of services. OBP has extended the services we offer to accommodate businesses of any size and every industry, delivered by specialists who are knowledgeable in specialized finance and accounting matters. This initiative makes it easy for any company to establish an offshore virtual accounting department or to add extra support to a pre-existing accounts department.

OBP's finance and accounting initiative extends from the basic accounts payable/ receivable and payroll tasks to include other vital accounting processes.

Finance and accounting processes which can be offshored include:

  • Accounts payable
  • Accounts receivable
  • Cash flow analysis
  • Budget allocation solutions
  • Bookkeeping
  • Financial planning and analysis
  • Internal auditing
  • Integrated business planning
  • Payroll accounting
  • Tax records

Viability, Stability, and Profitability- Know Exactly Where You Stand In Business With OBP

Accounting and bookkeeping is a vital element in the daily operation of a company and contributes to the future success of the business. The viability, stability, and profitability of a company can be ascertained with a thorough financial analysis. Our qualified finance specialists will conduct an in-depth cash flow analysis to assist you with your financial reporting responsibilities. Our finance and accounting professionals have an advanced understanding of company budgeting principles and develop solutions that will support your financial goals and dramatically improve your profitability.

OBP's business accounting services address key elements such as:

  • Anticipating cash flows
  • Analyzing gross income
  • Providing budget allocation
  • Determining the financial viability of the business

Advantages of outsourcing your accounting and finance processes include:

  • Cost reductions and increased profitability

    Save up to 80% on labour costs with OBPs finance outsourcing solutions.

  • Increased productivity and efficiency

    Take advantage of our outsourcing solutions and increase your productivity by focusing on your core business goals.

  • Quality, accuracy, and timeliness

    Our finance and accounting professionals are educated to local and international standards and work to strict time management protocols.

  • Transparency and data security

    We provide a transparent service with regular performance reports, and data security is guaranteed.

  • Flexible volumes

    Your offshore team at OBP will extend their service to manage extra large volume of works.

Small to large businesses can take full advantage of OBP's offshore specialist accounting services. OBP's finance and accounting solutions are tailored for your industry, business and according to your specifications. When you establish an offshore accounts team with OBP in the Philippines, you will be free to focus on core business concerns while obtaining regular accurate and reliable financial support and information regarding your business.

Do 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 your requirements, alternatively fill in our online form.

 

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Contact us today and learn how our top-notch BPO service can help your business SAVE up to 80%!

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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