Think about it this way: Outsourcing is a Business Investment, Not an Expense.

Outsourcing the back-end process of your business will free up time and resources for you to focus on the core activities of your business. In 2017, a US study found that Small and Medium-sized Enterprises (SMEs) spent 120 working days per year on admin tasks and bookkeeping – imagine how your business can grow if you outsource your HR and Accounting tasks to the Philippines and spend those 120 days developing ideas that can generate income for your business!

Now, some business owners may think of Outsourcing as an additional business expense but remember, outsourcing skilled professionals outside western countries – like the Philippines – can give you the same quality result for 70% less of the price it would take to hire an in-house expert!

Why the Philippines?

1. The Philippines is expected to post the highest economic growth among the ASEAN+3 region in 2022 and 2023 – The country’s Department of Finance’s forecast reflects a 6.9% growth projection of the ASEAN+3 Macroeconomic Research Office (AMRO) for the Philippines this 2022 – the fastest in the region.
2. PH as a Hub for Artificial Intelligence – Several Philippine conglomerates will invest US$20 million to establish the National Center for AI Research (NCAIR) taking the Philippines one step closer to becoming a regional leader in AI and opening up business opportunities that can be worth billions.
3. Economic Zone Development – Access more growth opportunities for your business with 7 new locations identified as potential economic zones in the PH. As of 2019, the Philippines Economic Zone Authority (PEZA) has over 300 fully operating economic zones across the country. which offers Tax Benefits and Simplified Trade Procedures among others.