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Multinational finance and accounting outsourcing companies have been offshoring for years, and SMEs looking to grow can learn a thing or two from the corporate giants in better understanding the business efficiency and cost-saving benefits of building offshore teams

finance outsourcing Philippines - Satellite Office Australia

Strengthen Company’s Core Team with Offshoring

Finance and Back Office roles are common areas where SMEs choose to offshore. The back office usually consists of finance, administrative, and sometimes human resources. This group is the backbone of any company, they ensure that all business requirements and crucial daily operations are afloat. If you’re not a financial expert, it will use a lot of time, energy, and effort to learn and acquire all the necessary skills and basic knowledge on the processes and compliance standards your company must meet. You can improve operational efficiency and drive down costs by offshoring skilled accountants, who can manage multiple finance and accounting related concerns for your business at once.

Having an offshore capability is a sensible part of a strong and sustainable SME growth strategy. It goes beyond having a remote team to support your local employees in accomplishing process-oriented functions for the business. Offshore outsourcing further promotes operational efficiency, business scalability, and cost reduction. It is one of the most crucial investments you can make for the productive areas of your company. 

Globally Competitive Talent from the Philippines

Recruiting Finance and Back Office staff from a country with excellent English-language and business skills with the convenience of being in an Australia-friendly time zone can be a smart move and use of your resources. Here are some Finance roles that Filipino talent can take on:

  • Accountants
  • Bookkeepers
  • Accounts Receivable and Accounts Payable Officers
  • Payroll Specialists
  • Back Office Admin roles, such as Admin Support Specialists, Executive Assistant, Data Entry Associate, etc.

Handy Benefits for your Growing Business

Hiring highly qualified and industry experienced Finance and Back Office resources in the Philippines is a proven strategy to reduce costs and delegate labour-intensive tasks to offshore employees. With an offshore team supporting your day-to-day operations, you can enjoy these benefits:

  • Reinvest your time, focus, and money on growth strategies
  • Improve your company’s customer service
  • Expand your team and operating hours
  • Implement 24/7 support

Satellite Office is the trusted partner of high-growth Australian SMEs in successfully establishing, building, and managing a dedicated offshore team for Finance Outsourcing & Back Office and other business functions. We take a highly consultative approach in providing business offshoring solutions that fit your needs. We only match you with highly skilled Finance & Back Office offshore resources with Australian finance experience, who are aligned with your growth needs and company culture. Our offshoring model also suits positions across various functions in Customer Service & Sales, Digital Marketing, Creative Design & Content, and IT & Software Development.

Do you need to offshore some roles? We can help!

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