Toll Free: 1 800 371 6224 | US: +1 650 204 3191 | UK: +44 8082 803 175 | AU: +61 1800 247 724 | Philippine Local No: 63-2-83966000

Toll Free: 1 800 371 6224 | US: +1 650 204 3191 | UK: +44 8082 803 175 | AU: +61 1800 247 724 | Philippine Local No: 63-2-83966000

A blog banner by Magellan Solutions titled Characteristics of a Great Third Party Mortgage Processing Companies
Characteristics of a Great Third Party Mortgage Processing Companies
Outsource Agency Philippines And Its Advantages

Home | Blog | Best Choice? Philippines Accounting Outsourcing

Best Choice? Philippines Accounting Outsourcing

By Magellan Solutions

Updated on June 11, 2024

Looking for an accurate quote for your outsourcing needs?

Schedule a FREE call with our outsourcing expert now and get a precise quotation that meets your requirements. Don't wait - get started today!

Philippines Accounting Outsourcing Is Your Best Choice For Financial Services

Philippines accounting outsourcing companies diversify to meet global market demands, ensuring their stable market share in the worldwide BPO industry. As the world battles the pandemic, the digital shift has also accelerated.

According to Business Mirror, legal services and accounting firms increased their digital operations. Outsourcing is the core driver of this. Back office and customer service are the typical outsourced services in the Philippines.


Accounting Outsourcing Philippines: Serving Global Clients

COVID-19 changed the dynamics of the global trade landscape. Medium skills such as accounting will be in demand in the years to come. Accounting is among the mid-level skills that are marketable to global clients.

Accounting is a specialized and labor-intensive task, but it is not recognized as a business’s core competency. This is because accounting is part of a business’s back-office tasks. It contributes to keeping the business running but not to its operations, which gain ROI.

Thus, it is among the back office operations that businesses choose to outsource. Accounting outsourcing enables you to have a certified accountant to manage your financial reports.

An outsourced team who knows how to keep your books balanced as they should be. All these things can be done without your firm going through the hassle of recruitment. As well as business assets like office resources.

Benefits of Accounting Outsourcing Services Philippines

Philippine BPO companies offer accounting outsourcing. Here, you can expect to avail of accounting services such as bookkeeping, payroll, and corporate finance management.

Cost Reduction

Accounting is a standardized practice. So it does not affect how your financial reports should be reflected. Even if you outsource an accountant, another thing to factor in is that in-house accountants or bookkeepers require a much higher salary grade.

Their profession and educational attainment require it. An outsourced accountant from the Philippines can provide you with the same competency. This is a cost-effective move. You can get qualified accountants with experience and knowledge at a much more affordable price.

Professional Parallels

Accounting principles in the Philippines are based on United States law. This enables a clear grasp and understanding of managing your financial records. Also, accounting courses taught in universities in the country are in English. You will speak and understand the same accounting jargon as necessary.

Maximize Accounting Software

You are not only getting an accountant or staff for your financial management. Your chosen BPO company also uses the latest accounting software, which offers better leverage.

BPO companies use this to provide better and faster service to your business. Your outsourced accounting staff is well-versed in using this software. Which your business will benefit.

Common Accounting Software For BPO Use:

  • Accounting by Wave
  • Intacct
  • QuickBooks Enterprise
  • QuickBooks Online
  • QuickBooks Pro/Premier
  • Xero
  • NetSuite
  • FreshBooks
  • Kashoo


Magellan Solutions: One Of The Top BPO Accounting Companies In The Philippines


After 15 years in the BPO industry, we offer stellar accounting services tailored to your business. We are ISO 27001:2013-certified and HIPAA-compliant. Data security is our priority as we provide the service you need.

Contact us today for a free 60-minute business consultation. Fill out the form below!


Talk to us!

Contact us today for more information.

    You can also contact our numbers:

    Want to know more?

    Explore our services further by filling out the form below, and we'll reach out to you soon!

      Give us a call!


      1 800 371 6224

      United States: 

      +1 650 204 3191

      United Kingdom:

      +44 8082 803 175


      +61 1800 247 724



      Get free custom quote

      Unlock Outsourcing Potential


      Best Choice? Philippines Accounting Outsourcing

      Magellan Solutions

      Related Articles