Accounts Payable Outsourcing



To run a business successfully, it’s absolutely essential to have accurate AP (Accounts Payable) systems and processes in place. Of course, to facilitate this, organizations require access to qualified accounting professionals and business solutions.

However, managing an AP team in-house isn’t without its challenges, especially when it comes to budget. Thankfully, many organizations are finding significant advantages regarding affordability and scalability by outsourcing many of their accounting processes, including their AP responsibilities.

And some businesses are finding even more cost effective solutions like hiring Philippines based accountants who work directly for the business, instead of being outsourced.

We’ll walk through all the options below! 

Benefits of Accounts Payable Outsourcing

There are a variety of benefits organizations can experience when outsourcing their accounts payable processes. Some of these include:

Cons of Accounts Payable Outsourcing

Although outsourcing AP processes comes with various advantages, there are particular challenges that businesses need to be aware of. These can be especially evident when deciding to work with an outsourcing partner that might not have the same resources or capabilities as other providers:

Loss of Control

When companies decide to outsource their workforce, they give up some control over certain AP processes. This is primarily due to a lack of visibility and direct oversight.

Flexibility

Not all outsourcing partners offer unlimited flexibility regarding the type of working format you can have with certain outsourced professionals. Businesses may find relationships like this more disruptive than helpful.

Dependency on Vendor

Working with an outsourcing partner means your business can start to become overly reliant on third-parties. This is why it’s critical to work with a partner you know you can trust.

A Better Alternative to Outsourcing

While many traditional outsourcing solutions have advantages and challenges for businesses, there is also a better alternative available.

Philippines Accountant offers a much different approach to outsourcing AP processes. Using a proprietary matchmaking service, we can access a highly skilled pool of accounting and tax professionals at a fraction of the cost of traditional hiring while connecting businesses with specialized individuals relevant to their industry and organizational needs.

This specialized service helps to create a much more accurate and efficient method for providing businesses with the accounting support they need, significantly improving the following activities:

Working with Philippines Accountant

At Philippines Accountant we approach outsourcing for businesses differently than other staffing firms. We take the time to make sure your business is matched with qualified professionals to help you achieve all of your accounting objectives.

Depending on your organization's needs, we’ll ensure that all of the staff you receive hold the certification of Certified Public Accountant (CPA) or equivalent credentials to ensure your AP processes are handled accurately and efficiently. All of this is done while costing your business nearly 70% less than hiring a dedicated in-house accounting team.

About Our Values

At Philippines Accountant, we keep our core values as a part of everything we do. This allows us to give our customers the very best outsourcing experience by prioritizing the following:

If you’re ready to hire your own team of accounting professionals, contact us today for a free 15-minute consultation.

Contact us

Got questions? Ready to hire? Reach out today and start collaborating with us! Our team is here to assist you in finding the perfect staffing and consulting solutions tailored to your needs.
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