The Ultimate Guide to Hiring Remote Finance and Accounting Professionals in the Philippines

Today’s fast-paced global economy presents business owners with many competitive pressures. They must optimize operations, control costs, and stay nimble in a dynamic marketplace.

For startups and small-to-medium enterprises (SMEs), as well as established corporations, outsourcing has become an appealing way to cope with these demands. Of the many functions that might be outsourced, finance and accounting are most often mentioned as prime candidates — and for good reasons. Finance and accounting might be the most obvious (and perhaps the most dangerous) functions to outsource, but are they the best bet for achieving immediate, transformative results?

The global bastion of finance and accounting outsourcing is the Philippines. Known as the BPO (business process outsourcing) headquarters of the world, the Philippines has a unique combination of attributes that make it the preeminent destination for F&A (finance and accounting) outsourcing. It has an enormous pool of skilled professionals; in fact, it employs over 1.3 million people in the BPO industry. The country has a robust ecosystem that is exceedingly friendly to business, with a cost structure that is extraordinarily low—far lower than the cost in not only Western Europe but also the United States.

This comprehensive guide serves as your roadmap to mastering finance and accounting outsourcing in the Philippines. It is designed with the business owner in mind and covers all the bases—from the strategic benefits to step-by-step processes to potential pitfalls. We’ll also highlight why partners like Kinetic Innovative Staffing are leading the charge in connecting businesses with elite Filipino finance professionals.

Regardless of whether you’re a startup founder trying to keep your bookkeeping in order, an SME with aspirations to take your financial forecasting to the next level, or a corporation with ambitions to find accounting solutions that can scale with you, this guide is for you. It’s packed with actionable insights that can turn your financial operations from just okay to really working well. Outsourcing to the Philippines isn’t just about cutting costs—it’s about growing your business and doing it in a way that keeps you compliant and positions you for success over the long haul.

Part 1: Why Outsource Finance and Accounting?

1.1 The Business Case for Outsourcing

Outsourcing finance and accounting has moved into the mainstream. Once a space for experimental approaches, outsourcing now carries the weight of a modern business imperative. According to Deloitte’s 2023 Global Shared Services and Outsourcing Survey, 88% of organizations cite cost reduction as the primary driver for outsourcing, with 76% emphasizing performance improvement and 65% valuing access to specialized talent. These statistics reflect a broader shift: outsourcing is no longer just a cost-cutting measure—it’s a strategic tool for gaining a competitive edge.

When it comes to outsourcing, business owners have good reason to do so. It is not an easy decision to make, but opting for it often has to do with basic operational realities. In countries like the United States, Australia, or the United Kingdom, hiring internal finance and accounting professionals can be incredibly expensive, with mid-level salaries ranging from $60,000 to $120,000 per annum. And that is just the starting point. Of course, businesses also need to consider other factors that contribute to these hiring decisions, such as recruitment, benefits, office space, insurance, as well as the necessary ongoing training that type of staff requires to be effective. For many organizations, particularly startups and SMEs, these costs are simply too great to bear.

Eliminating overheads, outsourcing allows businesses to access world-class talent at a fraction of the cost. For instance, in the Philippines, a Certified Public Accountant (CPA) with expertise in international standards can be hired for $12,000–$24,000, amounting to savings of up to 70%. (More on this later.) Serving not just as a cost-saving mechanism but also as a window to a global talent pool, outsourcing enables companies to fill skill gaps that are either too expensive or too hard to find in the domestic job market.

Outsourcing not only saves money but also adds a degree of nimbleness to a business. It lets you size your teams up or down without all the local hiring hassles and legal headaches, making it perfect for companies that are growing fast, experiencing seasonal swings, or otherwise need to adjust their workforce on short notice.

1.2 Benefits of Outsourcing Finance and Accounting

There are many good reasons to outsource to the Philippines. Undoubtedly, the most attractive is the substantial cost savings compared to having the same work done in the U.S. or Europe. In fact, companies that have outsourced to the Philippines have saved anywhere from 30 to over 70 percent on labor costs. But there are plenty of other reasons to consider the Philippines when looking for a place to outsource.

• Cost Savings: In comparison with Western markets, the Philippines has much lower labor costs. To take a specific example, a bookkeeping position might see a wage in the U.S. of $40,000–$60,000 that is not on the high end of the scale for accountants. But in the Philippines, a similarly qualified individual could be performing that same job for $8,000–$15,000, essentially 40%–70% less than a U.S. bookkeeper would need to be paid to do the same job.
• Scalability: There is no flexibility like the kind that outsourcing provides. Do you need a contingent of accountants not just for the tax year but for the tax season? How about a team that vanishes post-audit? Firms that outsource to the Philippines can make those adjustments at a moment’s notice and without long-term commitments or severance pay.
• Focus on Core Business: Assigning payroll, accounts reconciliation, and compliance tasks that consume a lot of time allows internal resources to focus. The business owner and in-house team can concentrate on the following not-so-minor matters:
  • The acquisition of customers
  •  Innovating in and beyond the core product/service
  • Expanding into more markets
•  24/7 Operations: The time zone (GMT+8) of the Philippines offers a strategic advantage for companies doing business in North America (12–16 hours behind), Europe (6–8 hours behind), and Australia (2–3 hours ahead). Work done overnight guarantees quicker turnaround times for financial reporting, audits, and data processing, creating a much more efficient workflow.
• Compliance and Accuracy: Trained in international standards such as the IFRS (International Financial Reporting Standards) and GAAP (Generally Accepted Accounting Principles), Filipino finance professionals bring a level of expertise that is hard to rival in the field of international finance. They not only minimize errors but also ensure compliance with intricate regulatory requirements, thereby significantly reducing the risk of incurring penalties or undergoing audits.
• Access to Technology: Teams outsourced are skilled in the latest instruments, such as QuickBooks, Xero, SAP, and Power BI, which allows businesses to use these technologically advanced solutions without incurring the hefty costs of both the software and the training that would otherwise be necessary.

Together, these advantages allow companies to run more efficiently, minimize risks, and direct resources to places that have a large effect.

1.3 When Should You Consider Outsourcing?

Outsourcing isn’t a universal answer, but specific situations can make it particularly attractive.

• Rapid Growth: The financial landscape may become quite sophisticated for a business that has grown rapidly. Expert help is required for effective management of cash flow, forecasting, and compliance. Outsourcing these functions allows management to concentrate on what is really important — continuing to grow the business.
• Limited Budget: Startups and small and medium-sized enterprises with limited resources can now procure top-shelf talent, and at a fraction of the cost, luring workers away from much larger competitors.
• Compliance Challenges: Tax legislation, audits, and regulatory frameworks are hard to understand. Outsourcing to professionals ensures compliance with local and international standards.
• Seasonal or Project-Based Needs: Companies dealing with demand fluctuations—like those in retail during the holiday season or nascent firms preparing for funding rounds—benefit from the flexibility of outsourced teams.
• Talent Shortages: In markets where there’s a scarcity of specialized finance professionals, outsourcing allows companies to tap into the resources they need—CPAs, FP&A experts, and tax specialists. These professionals work remotely, and the work they do is seamless.

By recognizing these triggers, business owners can time their outsourcing decisions for maximum impact.

Part 2: Why the Philippines is the Global Hub for Accounting Outsourcing

2.1 Skilled and Certified Professionals

The steady stream of highly qualified finance and accounting professionals comes from the Philippines, which sees over 8,000 Certified Public Accountants (CPAs) graduating each year.

Ranking among the top accounting schools not just in the Philippines but in all of Southeast Asia are the University of the Philippines, De La Salle University, and Ateneo de Manila University. They offer students rigorous curricula that are aligned with global standards. If anything, these institutions of higher learning are upping the ante on the challenge of meeting the kind of lofty expectations that have always been placed on Filipino CPAs when it comes to knowledge, skills, and competencies.

Beyond formal education, Filipino professionals pursue certifications like ACCA (Association of Chartered Certified Accountants), CMA (Certified Management Accountant), and CIMA (Chartered Institute of Management Accountants). These credentials enhance their ability to handle complex tasks such as financial modeling, compliance audits, and strategic planning. The Philippines’ focus on continuous professional development ensures that its workforce remains competitive in a rapidly evolving industry.

2.2 English Proficiency and Cultural Compatibility

A standout outsourcing destination, the Philippines has a literacy rate of 96% and remarkable English skills. English is the medium of instruction in schools and a primary language in business. You don’t have to visit the Philippines to know that a communication barrier does not exist. When it comes to English proficiency, there’s no competition. The EF English Proficiency Index 2023 ranks the Philippines among the top 20 countries globally for English proficiency, surpassing many competing outsourcing hubs like India or Vietnam.

Cultural compatibility further enhances the Philippines’ appeal. Decades of economic and historical ties with Western nations, particularly the United States, have shaped a workforce attuned to Western business practices. Filipino professionals understand U.S. holidays, corporate jargon, and customer-centric approaches, making collaboration seamless for businesses in North America, the UK, and Australia. This cultural alignment reduces onboarding time and fosters productive, long-term partnerships.

2.3 Government Support and Infrastructure

The Philippine government has prioritized the BPO industry as a key driver of economic growth, contributing over $32 billion annually to the economy. The IT and Business Process Association of the Philippines (IBPAP) collaborates with agencies to promote outsourcing through tax incentives, streamlined regulations, and infrastructure investments. The Philippine Economic Zone Authority (PEZA) offers fiscal benefits, including tax holidays and reduced corporate tax rates, to BPO firms operating in designated economic zones.

Cities like Metro Manila, Cebu, Davao, and Clark have emerged as BPO hubs, equipped with modern office facilities, high-speed internet, and robust cybersecurity measures. These cities benefit from a steady supply of talent, with universities and training centers producing graduates tailored to the outsourcing industry’s needs. Investments in 5G networks and cloud infrastructure further enhance the Philippines’ ability to support remote and hybrid work models.

2.4 Proven Track Record

The Philippines is an outsourcing powerhouse, with a successful history to back its reputation. Major global companies like Shell, IBM, Accenture, JPMorgan Chase, and Deloitte have outsourced functions like finance and accounting to the country, and for a good reason: The Philippine talent pool (which speaks English, by the way) is of such high caliber that the archipelago has become a first-choice destination for companies that want to cut costs without sacrificing quality.

Madelyn Antoncic, an economics professor at the University of the East, and the former Chief Financial Officer and Head of the Office of Financial and Private Sector Development at the World Bank, says that not only big companies, but also small and medium enterprises (SMEs), have outsourced work to the Philippines. SMEs from various services and e-commerce sectors have engaged Filipino professionals to handle critical finance functions.

2.5 Cost Advantage Without Compromising Quality

A rare combination of value and quality makes the Philippines an ideal business destination. While labor costs are up to 70% lower than in Western markets, the quality of talent remains exceptional. And that is partly because the Philippines has a nearly 100% English-speaking workforce. They have a culture of professionalism; they work hard. They have a nearly 100% English-speaking workforce. They have a culture of professionalism; they work hard. They have a highly educated workforce.

2.6 Resilience in a Post-Pandemic World

Philippines business process outsourcing (BPO) industry remains intact and even appears to be thriving more than ever.

Despite a dramatic shift in working conditions due to COVID-19, BPO firms in the Philippines quickly adapted to securing remote work environments. Philippine BPO Companies invested in what the industry calls “cloudsy” collaboration tools to enable their programs to run seamlessly from the homes of thousands of workers. These tools are now part of the “new normal” in working conditions at these BPO firms.

Part 3: What Roles Can Be Outsourced?

3.1 Entry to Mid-Level Positions

A diverse selection of finance and accounting positions are available in the Philippines for outsourcing, especially those at the entry and mid-level that demand meticulousness and technical competence. Among the positions are:

• Accounts Payable/Receivable: This involves managing invoices, processing payments, and maintaining vendor relationships.
• Bookkeeping:  Here, one records transactions, reconciles accounts, and prepares financial statements.
• Payroll Processing:  In this role, a person calculates wages and deductions and makes sure everything complies with labor laws.
• Expense Management:  Tracking and categorizing expenses for budgeting and tax purposes is the responsibility of this role.
• Data Entry and Reconciliation: This concerns ensuring the accuracy of financial records and resolving discrepancies.

These roles lend themselves well to outsourcing since they are repetitive and many skilled Filipino professionals are available to do them.

3.2 Senior-Level and Specialized Roles

For businesses needing advanced solutions, the Philippines delivers exceptional access to senior-level and highly specialized professionals, including:

• Financial Planning & Analysis (FP&A): Taking the lead on developing budgets, forecasts, and financial models to guide big-picture, strategic decisions.
• Controllers and Finance Managers: Steering the financial operations of businesses, ensuring compliance and preparing all necessary reports for stakeholders.
• Audit and Compliance Specialists: Carrying out internal audits of firms and ensuring adherence to relevant regulatory frameworks, like SOX or IFRS.
• Tax Preparation and Advisory: Helping firms navigate the complex web of local and international tax laws, and doing so always with an eye on the big picture, ensuring the firm is legally compliant and well positioned to succeed.
• Treasury Management: Handling the cash flow and liquidity of firms, and doing so with a keen eye on financial risk.

These roles call for a level of expertise and a kind of strategic insight that the professionals in the Philippines are ideally positioned to deliver.

3.3 Tools and Technologies Used

A wide range of tools and technologies ensures seamless integration with your systems, and Filipino finance professionals are adept in them. They are used to working with platforms like the following:

• QuickBooks: For small business accounting and bookkeeping.
• Xero: A cloud-based solution for real-time financial tracking.
• SAP: For enterprise-level financial management.
• NetSuite: For integrated business management and accounting.
• FreshBooks: For invoicing and expense tracking.
• Microsoft Excel and Power BI: For data analysis, reporting, and visualization.

Many professionals are also trained in emerging technologies like robotic process automation (RPA), artificial intelligence (AI) for predictive analytics, and blockchain for secure transaction tracking, enabling businesses to stay ahead of industry trends.

3.4 Niche and Emerging Roles

As the finance and accounting landscape evolves, new roles are gaining traction in the outsourcing market. These include:

• Sustainability Reporting Specialists: Preparing ESG (Environmental, Social, Governance) reports to meet regulatory and investor demands.
• Data Analysts for Financial Insights: Using AI and machine learning to uncover trends and optimize financial performance.
• Cryptocurrency Accountants: Managing digital asset transactions and ensuring compliance with evolving regulations.

The Philippines’ adaptable workforce is quick to upskill in these areas, positioning the country as a leader in emerging financial services.

Part 4: Understanding the Process of Outsourcing

4.1 Step-by-Step Guide

When guided by an experienced partner, outsourcing finance and accounting to the Philippines is a smooth and streamlined process. Here’s a comprehensive roadmap:

Step 1: Define Your Needs

Start by determining the positions, qualifications, and instruments necessary for the roles you’ve identified. Will you need a full-time bookkeeper, a part-time tax expert, or an all-in-one accounting service? Think about everything from the amount of work to be done to the time zones your nominees will occupy, and from their command of necessary software to their ability to keep you in compliance with accounting rules and regulations. A good, detailed description of what you’re looking for will go a long way toward helping your outsourcing partner find the right people to work for you.

Step 2: Choose the Right Partner

Choosing a reliable outsourcing company is very important. Kinetic Innovative Staffing, for instance, connects businesses with finance professionals who have been carefully vetted and who fit the staffing needs of these companies. Look for partners with a good track record, clear and reasonable pricing, and ability to align culturally and technically with your company.

Step 3: Onboarding and Integration

Effective onboarding ensures a smooth transition. Provide clear documentation, access to tools, and regular training sessions. Filipino professionals are known for their adaptability and quick learning, enabling them to align with your processes within weeks. Use collaboration tools like Slack, Microsoft Teams, or Zoom to facilitate communication.

Step 4: Monitor and Optimize

Choosing a reliable outsourcing company is very important. Kinetic Innovative Staffing, for instance, connects businesses with finance professionals who have been carefully vetted and who fit the staffing needs of these companies. Look for partners with a good track record, clear and reasonable pricing, and ability to align culturally and technically with your company.

4.2 Data Security and Compliance

Data security is a top priority when outsourcing financial operations. Reputable Philippine BPO firms adhere to international standards, including:

• ISO 27001: For information security management.
• GDPR: For data protection compliance with EU regulations.
• SOC 2: For secure handling of financial data.

Additional measures include:

• Multi-Factor Authentication (MFA): Ensuring secure access to systems.
• VPNs and Encryption: Protecting data during transmission and storage.
• Non-Disclosure Agreements (NDAs): Safeguarding sensitive information.
• Cloud-Based Platforms: Tools like NetSuite and Xero offer built-in security features.

Regular audits and compliance training further mitigate risks, ensuring your financial data remains secure.

4.3 Building Long-Term Relationships

Going beyond transactional engagements leads to successful outsourcing. When you build long-term relationships with your Filipino team, it makes them more loyal, it makes them perform better, and it makes them collaborate with you in a way that’s enhanced over what would otherwise be the case.

Some strategies you might use include the following:

• Cultural Engagement: ecognizing and acknowledging Philippine holidays—like Christmas or Independence Day, for instance—can build rapport with your offshore team.
• Career Development: Your business can have a program in place that provides training and growth opportunities so that you can retain the top talent you have in the Philippines.
• Transparent Communication: Rigorous regular feedback can ensure that the very few offshore concerns that would ever come up can get uncovered and addressed.

Overall, businesses that do this can cultivate a remote team that’s much more invested in their success.

Part 5: Trends and Statistics (1,000 words)

5.1 Market Size and Economic Impact

The Philippine BPO industry is a $32 billion juggernaut, with finance and accounting services accounting for over 15% of the market, according to IBPAP’s 2023 Industry Report. This significant share underscores the country’s dominance in financial outsourcing, driven by its skilled workforce, cost advantages, and mature infrastructure. The industry employs over 1.3 million professionals and contributes significantly to the national economy, making it a cornerstone of the Philippines’ growth.

5.2 Growth Projections

The worldwide finance and accounting outsourcing market is expected to grow at a compound annual growth rate—CAGR—of 5.6% until 2027, with the Philippines leading in offshore growth. The main drivers are:

• Rising Demand for Remote Work: Companies increasingly favor flexible, location-independent teams.
• Advancements in Technology: Cloud-based accounting software and AI-driven tools are making the work more efficient.
• Regulatory Complexity: An increasingly regulatory environment is fueling demand for specialized expertise.

The Philippines is very well-positioned to capitalize on these trends. The reason: its robust BPO ecosystem and workforce that is both highly skilled and adaptable.

5.3 Remote Work as a Permanent Fixture

The COVID-19 pandemic catalyzed a seismic shift toward remote work, and the trend is here to stay. PwC’s 2023 Remote Work Study found that 83% of employers report remote work as successful, with 65% planning to maintain hybrid or fully remote models. The Philippines’ robust internet infrastructure, tech-savvy workforce, and experience with remote collaboration make it an ideal destination for distributed finance teams.

5.4 The Rise of Technology-Driven Outsourcing

Technologies that are emerging are reshaping finance and accounting outsourcing, and the Philippines is at the forefront of this transformation. Key trends include:

• Robotic Process Automation (RPA): Automating tedious tasks that require precision, like data entry and invoice processing, is reducing errors and freeing up time for these workers to do the strategic work that they need to do.
• Artificial Intelligence: The tools of AI (for instance, predictive analytics and fraud detection) have enormously improved decision-making and risk management.
• Blockchain: This is something that, if you have a law degree, you probably learned about for a few weeks in law school. It is how secure, transparent transactions are tracked today. The industries that are using it most are fintech and supply chain, which just happen to be the two industries that are most popular with accounting grads in the Philippines.
• Cloud-Based Accounting: Platforms like Xero and NetSuite enable real-time collaboration and scalability.

Filipino professionals are increasingly trained in these technologies, enabling businesses to integrate cutting-edge solutions without significant upfront investment.

5.5 Sustainability and ESG Reporting

As stakeholders require more transparency, sustainability reporting has become prioritized. The Philippines is experiencing a surge in requests for professionals who are skilled in ESG reporting (Environmental, Social, Governance), which entails keeping tabs on and disclosing non-financial metrics. Outsourcing companies are upskilling their workforces to fill this demand, allowing us to position the Philippines as a leader in this space.

5.6 Talent Retention and Upskilling

To stay competitive, Philippine BPO companies are pouring money into keeping talent and boosting the skills of that talent. The focus in this sector seems to be on advanced certifications, soft skills, and the new technologies that are coming online. Upskilling initiatives in the BPO sector are kind of like the really nice tinsel that management can wrap around the business to make someone in the corporate office feel good.

Part 6: Common Questions Answered

This section talks about the questions that get asked a lot from business owners considering outsourcing. In simple and direct language, it gives the gist of what the questions are all about and what their answers are. And it’s straightforward in that it doesn’t give a lot of extra detail not required to understand what the questions are asking and what the answers are.

What is finance and accounting outsourcing?

Finance and accounting outsourcing is a way for companies to save money and time by letting other businesses handle their finance and accounting tasks. Companies that provide outsourcing services hire highly qualified people to do the work that clients have sent their way.

It involves assigning financial duties such as bookkeeping, payroll, tax prep, and financial analyses to outside firms, often in low-cost locales like the Philippines. This enables companies to cut costs, boost efficiency, and concentrate on their main business.

How much does it cost to outsource accounting?

The price tags attached to each worker in the Philippines fluctuate according to the worker’s role, experience, and form of engagement. They start at around $500 per month for the most basic positions and go up to $2,500 for full-time accountants. For these same positions in the U.S. or Australia, you could expect to pay anywhere from $5,000 to $10,000 per month. And that’s not factoring in specialized positions like financial planning and analysis, which in the Philippines range from $2,000 to $4,000 a month.

Is it safe to outsource financial data?

Indeed, when associating with trustworthy providers, one can feel secure. Companies such as Kinetic Innovative Staffing enforce stringent cybersecurity protocols, which encompass not only encryption and mandatory two-factor authentication but also adherence to such industry standards as ISO 27001 and the General Data Protection Regulation (GDPR). Even our NDAs, along with the secure cloud platforms we use to deliver services, offer another layer of protection for your sensitive data.

What’s the difference between BPO and outsourced accounting?

BPO covers a wide swath of outsourced processes—customer service, IT, HR, and so on—whereas outsourced accounting deals specifically with financial tasks, including bookkeeping, and some say,auditing, and tax preparation.

What are the risks of outsourcing accounting?

Potential risks include:

• Data Breaches: BPO covers a wide swath of outsourced processes—customer service, IT, HR, and so on—whereas outsourced accounting deals specifically with financial tasks, including bookkeeping, and some say, &&&&auditing, and tax preparation.
• Communication Issues: Reduced by the Philippine people’s superior command of English and their cultural alignment with that of the U.S.
• Loss of Control: Handled by way of dashboards that show real-time data, and by means of reports that are given out on a regular schedule. And, most importantly, through the use of Key Performance Indicators that are clear and understandable.
• Quality Concerns: Sidestepped by collaborating with esteemed companies such as Kinetic, which focus on picking and training the right people for the job.

Part 7: Real Business Impact – Case Studies and Testimonials

Case Study 1: Australian E-Commerce Brand

Case Study 2: US-Based SaaS Startup

Case Study 3: UK-Based Law Firm

Case Study 4: Canadian Manufacturing SME

Part 8: How Kinetic Makes It Easy

Kinetic Innovative Staffing has been a trusted partner since 2013 for businesses seeking elite Filipino finance professionals. Here’s why Kinetic stands out:

• Curated Talent Pool: Kinetic accesses an over 4 million professional talent pool that is rigorously vetted for technical skills, English proficiency, and cultural fit. Kinetic uses its access to elite talent as a key differentiator amongst its competitors.
• Dedicated Remote Teams: Kinetic’s remote professionals work remotely and exclusively for you. This grants a focus that is essential in remote working, roles that, all too often, remote workers do not have because they are balancing multiple clients.
• Cost-Effective: Real cost savings are achieved. Businesses pay up to 70% less for labor than they would if the work were done onshore.
• Flexible Engagements: There is a full menu of options for engagement and even more options for doing so advantageously. Work can be done on a part-time or project basis, and businesses can scale up or down as needs dictate.
• End-to-End Support: Once businesses are past the selection pinch point, Kinetic is present for the businesses and the chosen professionals to ensure that both parties have a happy working experience.

Kinetic is a business partner with a client-centric focus and a problem-solving attitude.

Part 9: Final Thoughts and Getting Started

Outsourcing finance and accounting to the Philippines is a strategic imperative for businesses seeking to thrive in a competitive global market. From startups needing cost-effective bookkeeping to corporations requiring advanced financial analysis, the Philippines offers a wealth of talent to meet diverse needs. With its skilled workforce, cultural compatibility, and robust infrastructure, the country is uniquely positioned to deliver exceptional value.

Outsourcing to the Philippines delivers three key benefits:

• Tremendous Cost Savings:Businesses that offshore to the Philippines generally realize substantial savings—often as much as 40% to 60%—in labor costs.

• Talent That You Can Trust:Kinetic Innovative Staffing serves as a partner in a business’s journey to offshore finance and accounting. Working with us transforms outsourcing from a dangerous cost-cutting tactic into a trustworthy alternative that fuels growth, compliance, and scalability.
• Streamlined Processes Do More With Less:By leveraging Kinetic’s curated talent pool and ingenious processes, our partner businesses offshore a significant portion of their finance and accounting functions without losing control.

Sources

• Deloitte 2023 Global Shared Services & Outsourcing Survey
• IBPAP Industry Report 2023
• PwC Remote Work Study 2023
• World Bank Education Statistics for the Philippines
• EF English Proficiency Index 2023
• Clutch.co BPO Reviews
• Upwork Global Talent Trends Report