If you are in the Philippines you will notice that a lot of American companies have relocated their services and established business operations in the country. Most of these companies are in prime cities and developed provinces in the country such as Makati, Eastwood, Ortigas, Quezon City, Cebu, Davao, and others. Many American companies have opted to utilize outsourcing Philippines since it is the most compatible country for their businesses....more
The Philippines has made a big noise in terms of business process outsourcing (BPO) the previous years. BPO industry continues to be strong this year (2012) attracting more offshoring and outsourcing companies from Europe to expand their operations in the country.According to European Union Ambassador to the Philippines, Guy Ledoux, outsourcing to the Philippines is a way for European firms to extend their competitiveness. So, it is really...more
Running a business involves calculating income and expenditure. As a business owner, you need to maintain the balance between the returns and expenses of your company. However, you dont have the luxury of time to manually do the calculations of all financial dealings. Through bookkeeping outsourcing, you can hire an accountant to take on this work.What are bookkeeping and accounting?Bookkeeping is the process of keeping track of all financial transactions and stashing them on file. Accounting is more about the analysis of the financial activities of a company. It includes auditing charges and fees of each department and the company as a whole. An accountant knows how to perform bookkeeping because they use the data to analyse and produce financial reports. A bookkeeper maintains different ledger accounts and all other important documents.To maximize your bookkeeping outsourcing, you may decide on hiring an assistant that can do both jobs perfectly. It will save you more money rather than hiring one bookkeeper and one accountant separately. Most accounting firms currently offer multiple services including bookkeeping, accounting, payroll and taxation at a very attractive price....more
Different business sectors have realized the benefits that can be gained by hiring payroll outsourcing companies. Whether it is a small business or a big enterprise, the importance of hiring payroll experts remains the same for every firm. Businesses value every single minute that can be focused on business goals rather than engaging experts in...more
To design a brochure, a postcard or even a booklet, it is important to plan the layout in an effective manner. A brochure needs to be professional in its layout as it needs to convey a specific message. It is necessary to design it in a manner the message has to be presented. Since it helps to convey the message effectively. It is necessary to take...more
Outsourcing has proved to be an inevitable part of most western businesses and companies, who outsource at least one business function to countries like India. While the ubiquitous freelancer may have been the face of outsourcing a decade ago, as was outright project outsourcing, things have evolved, as they invariably do. Today, a new breed of workers are dominating the outsourcing industry and they are known as 'virtual employees'. This revolutionary new concept was first successfully introduced by VirtualEmployee.com, one of the leading outsourcing companies in India. The virtual employee primarily endeavoured to fill the vacuum that was being faced by scores of SMEs and individual and home business owners who had had their fill of unreliable freelancers but lacked the resources to do outright project outsourcing like the MNCs. Today, even a small company working in any domain, can easily hire a virtual employee to work for them just like a locally hired employee, and at a fraction of what the local talent would have cost. Buoyed by the success of working with just one virtual employee, many companies now wish to take their outsourcing experience to the next level by hiring an...more
Naturally, companies go to great lengths to attract new customers and retain existing clients. Online marketing and social networking have become new avenues to reach clients. Telemarketing services and customer service continue to be the primary...more
The idea behind outsourcing bookkeeping is based on several reasons, sentiments and facts. They are all valid reasons why small businesses opt to have this compared to an in house accounting operation.Bookkeeping services are vital in keeping the...more
Standardizing your accounting can be tough without the right tools, and people to handle it. Thus, QuickBooks outsourcing has become highly popular and is now one of the most preferred services for small and medium scale enterprises.Accounting is a...more
The Philippines was colonized by America almost fifty years ago. The popular culture of the United States has permeated the culture of the Philippines to a large extent. This is very obvious in the music and movie industry of the country, as well as...more
Outsourcing is the process of hiring the services of third party independent vendors. This means that there is a transfer of responsibilities and liabilities between companies. Many businesses these days are taking advantage of this business strategy...more
The largest number of business process outsourcing, or BPO companies, is located in Asia. It is common knowledge that the primary reason why companies of various sizes and industries are outsourcing to Asian countries is to take advantage of...more