What Tasks Can be Completed Offshore?

Most firms, when they look at what to outsource, automatically jump to outsourcing the roles where they are currently short-staffed or roles which have been historically hard to fill or retain staff in. The short answer to what can be outsourced is anything and everything. The best approach to take when identifying what to outsource … Read more

Models of Outsourcing

There are many models of outsourcing, and with each day, there are more being created. We have listed the most common forms of outsourcing for accounting firms and listed some of the pros and cons of each offering: 1. Upwork/Freelancer This model works on a low cost, project basis style of work. You can list … Read more

Explore The Top 4 Reasons to Outsource MORE!

Outsourcing is an economic principle developed by the 19th-century economist David Ricardo. The basis of this principle is that businesses should outsource the production of low-value services even if they can produce them more efficiently themselves. This is because there is an opportunity cost —for every hour consumed by non-productive tasks, there is some high-value … Read more

Avoid These Five Outsourcing Mistakes

Small business owners are now enjoying the benefits of outsourcing, and start-up companies want to follow in their footsteps. In this age of outsourcing, it has become easier to grow your business without the heavy costs. However, companies shouldn’t dive into outsourcing without fully understanding it. Just because it worked for a similar business to yours … Read more

Moving With Change: Reflections from the book “Who Moved My Cheese?”

We constantly deal with unexpected changes in our lives, be it in our career or relationship, among other things. It’s especially hard to move on to a new path when you are already settled with your present situation. Who Moved My Cheese?: An Amazing Way to Deal With Change In Your Work and In Your … Read more

Accounting Trends of the 21st Century

The recent global financial crisis has paved a way to the evolution of the accounting industry. To address the concerns raised during this predicament, businesses were restructured to recover from their weak performance. They have learned to adapt to the ever-changing trends in the financial industry. The future of accounting is bright according to the … Read more

IT-BPO Industry in the Philippines Leads to Economic Boom

The Information Technology and Business Process Outsourcing or IT-BPO Industry in the Philippines has brought a 17% increase in the country’s revenue for the year 2013, according to the Business Process Association of the Philippines (BPAP)1. From $13.2 billion in 2012, the IT-BPO sector has generated $15.5 billion in revenue last year. According to BPAP … Read more