Accounting & Finance

Free Up Your Financial Tasks And Get Focused

Finding high quality accountants who also work quickly can be very difficult, but the Philippines has a large workforce to draw from. Whether you need insurance claim processors, accounts receivable or payable specialists, data collection experts, bookkeepers, or data analysts, outsourcing is a simple and scalable solution to crunching the numbers your business needs to understand its profitability and stay on track.
We understand your home base team is often bogged down in accountancy tasks, with many people wearing too many hats already. Client relationships suffer as a result, big picture tasks get pushed back, and before long you’re simply playing catch-up to grasp where your business numbers stand on a daily or monthly basis. On average most businesses see a 30-50% cost reduction when outsourcing to the Philippines.

Free Up Your Financial Tasks And Get Focused

Finding high quality accountants who also work quickly can be very difficult, but the Philippines has a large workforce to draw from. Whether you need insurance claim processors, accounts receivable or payable specialists, data collection experts, bookkeepers, or data analysts, outsourcing is a simple and scalable solution to crunching the numbers your business needs to understand its profitability and stay on track.
We understand your home base team is often bogged down in accountancy tasks, with many people wearing too many hats already. Client relationships suffer as a result, big picture tasks get pushed back, and before long you’re simply playing catch-up to grasp where your business numbers stand on a daily or monthly basis. On average most businesses see a 30-50% cost reduction when outsourcing to the Philippines.

The Issues With Accounting That Lead to Outsourcing

Are you tired of waiting on reports to process, either as a result of employees being behind or your technology encountering issues? Generating meaningful and accurate financial data from accountancy reports is crucial to keep business strategy on track. By 2025 the financial services market is projected to hit $28.5 trillion as businesses continue to realize the value of allowing experts to do their accounting versus keeping the task in-house. While this has traditionally worked well for small businesses, as you grow it becomes a task too big for even onshore teams to handle.
How accurate are the numbers provided by your current employees? How behind are they on their accountancy schedule? Most business owners complain that their employees are not even within a week of their required reporting goals, and many times these employees — such as billers, controllers, and collections, payroll, financial reporters — are a month or more behind. If you are a CFO struggling to get your employees to be motivated or catch up, it’s much easier to rely on a team of fast-paced workers in the Philippines.

Accounting & Finance Services

Accounts Payable

 When invoices sit unpaid and simply languish, so does your business. Adding an accounts payable officer, finance officer, accounts payable clerk, payable pacifist, support service specialist or accounts payable manager to your team keeps things running smoothly. Paying creditors, processing and coding invoices and checking is just the beginning: monthly reporting, reconciliation performance, scheduling payment runs, internal payment approval processes, invoice and purchase order matching, and handling employee expense claims can all be facilitated by expert accountancy team members in the Philippines. No matter what software you are dealing with—Quickbooks, Xero, MYOB and more—we have the specialists you need.

Accounts Receivable

If you can’t collect in a timely manner due to a slow or inefficient accounts receivable team, or a great team that is simply overloaded, you can’t run your business. Are your collections slowing to a crawl? Are far too many bills stuck in AR because you can’t find the right hires to fill the gaps on your accountancy team? Our employees can take the following tasks off the hands of yours:

  • Accounts receivable report preparation
  • Billing preparation
  • Resolving short pays
  • Cash application to customer accounts
  • Refund check and credit memo issuance
  • Maintenance of subsidiary receivable ledgers
  • Customer-approved process adjustments
  • Deduction management services
  • Account and record revenue
  • Software operation

Accounts Receivable

If you can’t collect in a timely manner due to a slow or inefficient accounts receivable team, or a great team that is simply overloaded, you can’t run your business. Are your collections slowing to a crawl? Are far too many bills stuck in AR because you can’t find the right hires to fill the gaps on your accountancy team? Our employees can take the following tasks off the hands of yours:
Accounts receivable report preparation
Billing preparation
Resolving short pays
Cash application to customer accounts
Refund check and credit memo issuance
Maintenance of subsidiary receivable ledgers
Customer-approved process adjustments
Deduction management services
Account and record revenue
Software operation

Payroll Management

There’s nothing more important than paying your people promptly and correctly each cycle. But payroll management goes far beyond keeping your workforce paid. Benefits and taxes are also key to properly supporting your team in return for all the great work they do. Our remote payroll experts understand your local employment regulations and laws, so there will be no learning curve. As rules change, we’ll update you so that you are always in complete compliance.

  • Tax reporting to required agencies
  • End-of-year return preparation
  • Regular payroll reporting
  • Statutory employment forms, from preparation to printing to issuance.
  • ACH transfer of wages
  • Calculate and release NICs, PAYE, benefit payments, non-statutory deductions and holiday pay.

The Difference of Outsourcing Your Accounting & Finance With SkyeDesk

SkyeDesk started in talent scouting and acquisition, not in outsourcing to Asia like most BPOs. That means we have always had a connection to the culture and needs of western clients like yourself. Most businesses are behind on their books in some regard, usually their billings, which creates an incomplete picture of how your business is doing at any given moment. Without having a complete picture your strategy is suboptimal. While every BPO will say they understand how hard it is to be overwhelmed by workload, we can actually deliver on alleviating this stress by matching your business with a team of scalable and high quality workers truly operating at your standard. Call SkyeDesk today to discuss further your ability to save up to 70% off your current operational costs as an accounting agency or service provider to the industry itself.

The Difference of Outsourcing Your Accounting & Finance With SkyeDesk

SkyeDesk started in talent scouting and acquisition, not in outsourcing to Asia like most BPOs. That means we have always had a connection to the culture and needs of western clients like yourself. Most businesses are behind on their books in some regard, usually their billings, which creates an incomplete picture of how your business is doing at any given moment. Without having a complete picture your strategy is suboptimal. While every BPO will say they understand how hard it is to be overwhelmed by workload, we can actually deliver on alleviating this stress by matching your business with a team of scalable and high quality workers truly operating at your standard. Call SkyeDesk today to discuss further your ability to save up to 70% off your current operational costs as an accounting agency or service provider to the industry itself.

Contact Us