Staff Abroad’s Post

Why Choose Philippine Talent for Your Bookkeeping Needs? Outsourcing your bookkeeping to talented professionals in the Philippines offers significant cost savings without sacrificing quality. The country boasts a large pool of highly skilled bookkeepers who are well-versed in international accounting standards and familiar with the latest financial software. With English as one of the official languages, communication is seamless, making it easy for businesses to collaborate and ensure accuracy in their financial records. In addition to cost efficiency, outsourcing to the Philippines provides flexibility and access to a highly reliable workforce. The Philippines' advanced digital infrastructure allows for seamless remote work, meaning bookkeepers can manage your finances no matter where your business is located. This allows you to focus on growing your business while leaving the complexities of financial management in the hands of experienced professionals. #Outsourcing #Bookkeeping #PhilippineTalent #FinancialManagement #CostEfficiency #BPO #SmallBusinessGrowth #VirtualAccounting #RemoteWork #GlobalBusiness

**EXCITING NEWS FROM ASIA ACCOUNTS**   We are extremely excited to announce that Asia Accounts has merged with Administration Outsourcing Co., Ltd (AO), a Bangkok based firm established in 2006 and supporting more than 100 clients.   Our combined business will continue with the mission of hiring the best team members, using the best technology and implementing best processes to support foreign owned businesses in Thailand with their accounting, tax, legal and advisory needs.   The rebranded company, AO Accounting & Advisory Ltd, will offer a broad range of services including: ACCOUNTING - Top 5 Xero Advisor, Odoo, Quickbooks, MYOB and more TAX - Corporate, Personal, Liquidation, Refunds and Disputes LEGAL - Contracts, Employment Law, LTR Visas, Visas and Workpermits CORPORATE SERVICES - Company registration, BOI, Treaty of Amity, Foreign Business License and Corporate Secretarial PAYROLL   Stay tuned for our celebratory offers and new website

FACING THESE TOP 5 ACCOUNTING CHALLENGES? In this competitive business world, companies might be experiencing challenges with their company’s accounting and finance management. In fact, a survey conducted by a reliable source was shared recently and we are pleased to share the ‘TOP 5 ACCOUNTING CHALLENGES’, helping companies to better manage their accounting and finance management. Watch this 1-minute video here… We know how important it is for your Company or Businesses to overcome the accounting challenges. If you're looking to appoint a trusted accounting firm in Malaysia, contact us or WhatsApp at SernYii – 011-16385432 or www.sernyii.com; for professional assistance. We are here for you. #accounting, #outsourceaccounting, #outsourcepayroll, #financemanagement, #financialservices, #Einvoicing, #accountingservices, #sernyii, #Accounting Training, #taxplanning, #SERN YII, #AccountingTraining

FACING THESE TOP 5 ACCOUNTING CHALLENGES? In this competitive business world, companies might be experiencing challenges with their company’s accounting and finance management. In fact, a survey conducted by a reliable source was shared recently and we are pleased to share the ‘TOP 5 ACCOUNTING CHALLENGES’, helping companies to better manage their accounting and finance management. Watch this 1-minute video here… We know how important it is for your Company or Businesses to overcome the accounting challenges. If you're looking to appoint a trusted accounting firm in Malaysia, contact us or WhatsApp at SernYii – 011-16385432 or www.sernyii.com; for professional assistance. We are here for you. #accounting, #outsourceaccounting, #outsourcepayroll, #financemanagement, #financialservices, #Einvoicing, #accountingservices, #sernyii, #Accounting Training, #taxplanning, #SERN YII, #AccountingTraining

Say Hello to Financial Efficiency! At MySource, we understand the nuances of managing those financial-based tasks. That's why our Accounting, Finance & Bookkeeping services are customized to the specific needs of your business. Are you ready to streamline your operations, cut your costs dramatically, and drive accuracy? Partnering with MySource gives your company access to highly skilled accountants in the Philippines. Our talented accounting team is adept in U.S. accounting standards, ensuring compliance and accuracy in every financial process. From bookkeeping and payroll processing to financial analysis and reporting, we handle those tasks that are essential yet time-consuming. That way you can focus your attention on your core business initiatives. With MySource, you gain a trusted extension of your team. 💡 Why choose MySource? +Cost Efficiency: Access top-tier accounting professionals at a fraction of the cost of U.S. talent. +Improved accuracy: With expertise and attention to detail, the MySource accountant team ensures financial records are precise and compliant with industry standards. +Range of Accounting Processes: Benefit from accountants proficient in various accounting processes, like AP/AR, Invoicing, reporting, and analysis. +Scalability and Flexibility: Easily scale your team to match your business needs, ensuring seamless growth and adaptability. Innovate your business and discover the MySource difference today! To learn more about our Business Support Solutions visit here: https://lnkd.in/gUuxinDN #Outsourcing #FinancialServices #BusinessEfficiency 

Why the Philippines is an Ideal Outsourcing Destination for Accounting Teams Among the many countries that offer outsourcing services, the Philippines has emerged as a standout destination for accounting teams. Here’s why. 1. A Strong Talent Pool The Philippines boasts a large pool of highly educated professionals, with many holding degrees in accounting, finance, and related fields. According to the Commission on Higher Education, thousands of accounting graduates enter the workforce each year, and many pursue certifications such as CPA or CMA. This commitment to education and professional development ensures that Philippine accountants are not only knowledgeable but also well-versed in the latest industry practices and regulations. 2. Cost-Effectiveness Companies can access a wide range of services—from basic bookkeeping to more advanced financial analysis—at significantly lower costs compared to hiring locally in higher-wage countries, even when considering expenses like benefits and payroll taxes. 3. Proficient English Skills The Philippines is the third-largest English-speaking country in the world, with a literacy rate of over 98%. This proficiency ensures that there are minimal language barriers, allowing for effective collaboration and understanding of intricate accounting terms and concepts. 4. Cultural Compatibility The Philippines has a unique cultural affinity with Western countries, particularly the United States. This cultural alignment fosters better relationships between businesses and their outsourced teams, as Filipino professionals often have a deep understanding of Western business practices, values, and expectations. This compatibility enhances teamwork and improves the overall efficiency of outsourced accounting operations. 5. Reliable Support Services Outsourcing accounting functions requires not only skilled professionals but also a supportive infrastructure. The Philippines offers a robust outsourcing ecosystem with numerous firms specializing in accounting services. This network of providers ensures that businesses can easily find the right partner to meet their needs, whether they require full-service accounting or specific support in areas like tax preparation or payroll management. *The Bottom Line* The Philippines is an excellent choice for outsourcing accounting teams. With a skilled workforce, cost savings, good English communication, cultural understanding, modern technology, and a supportive industry, businesses can enhance their accounting functions while focusing on their core operations. At Zeno, we connect businesses with talented accounting professionals in the Philippines. Together, we can build strong partnerships that lead to success and efficiency in your financial operations. #Outsourcing #AccountingServices #Philippines #GlobalBusiness #CostEfficiency #RemoteTeams #BusinessGrowth

What percentage of our 20-strong finance team is in the U.S.?     5%.       We have our fantastic VP of Accounting & Finance here in the US, Brooke Manuel, and 19 other DCX-ers in the Philippines, including:     🇵🇭 Our Financial Controller with years of experience at Ernst Young  🇵🇭 Our Senior Financial Planning Analyst    🇵🇭 Excel experts  🇵🇭 Bookkeepers    By accessing that pool of highly specialized, experienced global talent, Brooke’s been able to build a global team that continues to blow me away with what they can achieve.     They do the stuff that keeps the business moving:   ✅ Entering vendor bills  ✅ Invoicing clients  ✅ Managing payroll     They do the big things that keep us compliant and on track as a global company:   ✅ Closing the books (On-time, every time!)   ✅ Managing the budgets  ✅ Filing all the regulations    And they do strategic, big-picture things:   ✅ Reporting   ✅ Forecasting   ✅ Scenario planning       Last year, they did all that *and* implemented a new software, getting us up to speed so fast.    I hear about a lot of other US companies struggling to fill those bookkeeping and junior finance roles, and it’s great to see Brooke showing how well a global approach to talent really works.     A big thank you to Brooke and her team for all your hard work on the new software rollout - really looking forward to seeing what this team can achieve in 2024.      #BusinessGrowth #GlobalOutsourcing #SustainableGrowth #RemoteTeams

One of the critical tasks in a business requires an accountant’s expertise. However, countries like the US, UK, and Australia have an ongoing shortage of accountants. How then do businesses from these countries augment this accountant shortage? They do it by outsourcing to the Philippines. Here’s why leading businesses are turning to the Philippines to outsource their accounting tasks: 🔢 Technical Skills Certified Public Accountants in the Philippines uphold high professional and ethical standards aligned with those of the International Federation of Accountants. The Philippines’ Financial Reporting Standards are also internationally recognized, as it is adopted from the International Financial Reporting Standards. 🔢 Vast Talent Pool There are over 200,000 Filipino CPAs, which can help fill in gaps with the ongoing global accountant shortage. 🔢 High English Proficiency Filipinos are ranked 20th worldwide and 2nd in Asia for English proficiency. This makes it easier for companies to onboard, train, and collaborate with Filipino accountants. 🔢 Cost Efficiency The cost of living in the Philippines is lower compared to the US, UK, and Australia. As a result, the salary cost of an accountant in the Philippines is lower than hiring from the West. However, if you’re looking to hire Filipino accountants for the long term, it’s best to consider offshoring with a local partner who will help you find, onboard, and retain your accountants. This way, having a long-term partnership with an offshore accounting team allows you to stabilize your company’s financial processes, ensure legal compliance, and position your company for sustained growth. 📈 At Penbrothers, we’ve created a complete guide for employers looking to hire accountants offshore. Click here to learn more:  https://lnkd.in/ggC6WNnQ 

4-STEPS TO APPOINTING A TRUSTED ACCOUNTING FIRM The process of appointing a trusted accounting firm in Malaysia is pivotal for any businesses looking in managing financial stability. Today’s video highlights the ‘4 Steps To Appoint A Trusted Accounting Firm In Malaysia’; 1. Set Clear Goals: Define the services you require. 2. Research and Compare: Look for firms specializing in those services in Malaysia and compare their offerings including good level of engagement. 3. Consult: Reach out for initial consultations to explore and assess compatibility. 4. Review Contracts: Ensure terms are aligned with your expectations and budget. By following these 4 steps, you can confidently appoint an accounting firm in Malaysia aligned with your business goals, ensuring a partnership that supports your financial success. If you're looking to appoint a trusted accounting firm in Malaysia, contact us at SernYii – 011-16385432 or www.sernyii.com; for professional assistance. We are here for you. #accounting, #outsourceaccounting, #outsourcepayroll, #financemanagement, #financialservices, #Einvoicing, #accountingservices, #sernyii, #Accounting Training, #taxplanning, #SERNYII, #AccountingTraining

4-STEPS TO APPOINTING A TRUSTED ACCOUNTING FIRM The process of appointing a trusted accounting firm in Malaysia is pivotal for any businesses looking in managing financial stability. Today’s video highlights the ‘4 Steps To Appoint A Trusted Accounting Firm In Malaysia’; 1. Set Clear Goals: Define the services you require. 2. Research and Compare: Look for firms specializing in those services in Malaysia and compare their offerings including good level of engagement. 3. Consult: Reach out for initial consultations to explore and assess compatibility. 4. Review Contracts: Ensure terms are aligned with your expectations and budget. By following these 4 steps, you can confidently appoint an accounting firm in Malaysia aligned with your business goals, ensuring a partnership that supports your financial success. If you're looking to appoint a trusted accounting firm in Malaysia, contact us at SernYii – 011-16385432 or www.sernyii.com; for professional assistance. We are here for you. #accounting, #outsourceaccounting, #outsourcepayroll, #financemanagement, #financialservices, #Einvoicing, #accountingservices, #sernyii, #Accounting Training, #taxplanning, #SERN YII, #AccountingTraining