Outsourcing of accounting functions is a $50 billion business worldwide and is one of the most common forms of outsourcing. Accounting is a logical target for outsourcing because it is both highly specialized and labor-intensive; and very few companies would consider accounting to be among their core competencies. So businesses turn to specialized providers in order to cut costs; gain access to specialized skills; guarantee best practices; and further increase competitiveness by focusing on their core operations. In addition, accounting firms in local markets may choose to outsource back-office functions in order to focus on their client-facing activities.

Sourcefit offers experienced, highly-trained accountants and bookkeepers in the Philippines to handle such tasks as general accounting, payroll processing, accounts payable, accounts receivable, bookkeeping, invoice processing and other industry-specific accounting. In addition to extremely motivated, reliable staff, Sourcefit provides domain expertise that ensures best practices in all aspects of the service from recruiting, to security, to software and technical infrastructure.

Accounting in the Philippines

The Philippines provides the ideal location for outsourced accounting services because not only are Philippine accounting practices based on U.S. law, but accounting courses at all universities are taught in English, so communication is never an issue.

Call us today to find out more about how easy it is to begin maximizing your resources with offshore outsourcing. There is never any obligation until you have found the perfect fit for your business.