Understand Your Business Better with These Innovative Accounting Solutions
Last Updated: Oct 14, 2022 | 
MIN READ
Any CEO or executive would agree that the finance segment of any business is vital and must be dealt with accuracy and precise attention to detail as it provides the entire picture of how well the business is doing in terms of costs and profit as well as how the business can improve its operations and service to gain more profit. Poor accounting can become detrimental to the business if not addressed immediately as the entire business relies on the information that the numbers tell while great and expert accounting allows your business to grow exponentially.
Offshore Business Processing’s accounting and finance solutions can cater to your accounting needs, from accounts payable and receivables, payroll, and tax accounting. Our offshore team is equipped with the accuracy and expertise to service and ensure that your business is always compliant with local or international accounting standards.
Outsourcing your accounting functions
There are many pros and cons when it comes to outsourcing your accounting functions. Offshore Business Processing has finance and accounting specialists who can provide expert advice and flexible solutions that enable your business to outsource either the entire accounting function or selected tasks. This allows your business to save more on operational costs.
Why do companies outsource their accounting functions?
Large companies tend to outsource their accounting services to be able to give focus on other aspects of the business. Smaller companies rely on offshore accounting service as it is more focused and dedicated solely to their accounting needs while maintaining to be cost-efficient. Outsourcing your accounting functions with Offshore Business Processing can transform your business. You can free up internal resources and address other core business functions.
Offshore accounting specialists can help with keeping your business compliant
OBP’s finance specialists are trained with the right knowledge to be able to comply with different local and international accounting compliance especially with tax reporting requirements of the business. This allows your business to always become on time when it comes to supplier remittances or government obligations that need to settle promptly. Our specialists can also cater to the accounting needs of companies regardless of size. Whether it is a small company with basic bookkeeping needs or a large corporation that needs complete internal auditing of their finances, Offshore Business Processing can provide accounting solutions that are perfect for any type of business and industry.
Offshore Business Processing offers various accounting solutions
Regardless of the size or industry of your business, Offshore Business Processing can provide the following accounting solutions that can enable your business to have a more accurate approach to your finances.
- Accounts payable & Accounts receivable
- Internal auditing
- Cash flow analysis
- Budget allocation solutions
- Bookkeeping
- Financial planning and analysis; Integrated business planning
- Payroll accounting
- Tax records
Our finance and accounting specialists can map out effective solutions that are tailored to your business. You have the flexibility of whether to offshore your entire accounting function or select the ones where you need expertise and assistance the most. Offshoring these accounting and back-end functions can help you reduce operational costs and increase productivity in other aspects of your business.
Give your accounting functions and tasks, the OBP advantage
Get the OBP advantage right into your accounting and financial requirements. The OBP advantage assures you that your business is given a competent team who are your partners towards growing and improving your business processes. Offshore Business Processing’s accounting solutions ensure the following:
- Your business reduce operational costs and increase profitability as your offshore accounting team can also help find ways on how the business can improve on its expenditures and financial related processes.
- Our offshore accounting specialists ensure quality, accuracy, and timeliness to help your business save costs from incurring late fees from obligations that need to be met and paid on time.
- Your offshore accounting team ensures transparency and confidentiality with all your information and data. Offshore Business Processing’s IT systems are protected with the highest level of data security.
- Offshore Business Processing’s accounting solutions can be customized according to your business needs. Whether you need specific solutions for large or small volumes, our solutions are flexible and can adapt to your requirements.
Accounting services are commonly outsourced by different companies but finding the right offshoring partner is important to be able to get the most accurate and complete data for your business as much as possible.
Take the next step to huge savings and better accounting services for your business by sending us a message and schedule a call with one of our accounting specialists today.
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Offshore Business Processing values, and respects the Privacy Rights of our Clients, Client's Customer, Business Partners, Contractors, Personnel, and other identifiable individuals or collectively "Individuals".
We are committed to protecting the privacy and confidentiality of Personal Data through adherence to our Data Privacy Principles and the implementation of reasonable and appropriate security measures to ensure fair, appropriate, and lawful processing.
Background and Scope
Offshore Business Processing as a global service provider goes beyond the borders of the residing countries. The global market requires not only the availability of communication, technology, and information systems but also the integrity and confidentiality of processing information including the Personal Data of Individuals that can be reasonably be determined from the information available.
This Data Privacy Policy sets the principles which emphasize the Offshore Business Processing's standard practices for the processing of Personal Data of Individuals. This Policy applies to all personnel and accredited 3rd party service providers who must act consistently with the principles contained in the policy. Domestic and industry-specific privacy statutory laws and regulations shall take precedence over this policy, to the extent applicable within the confines of conflicts of law principles.
Privacy Notice
This privacy notice describes the privacy practices for www.offshorebusinessprocessing.com. This applies to the Personal Information collected by this website. It will notify the user of the following:
- What personally identifiable information is collected from the user through the website, how it is used, and with whom it may be shared.
- What choices are available to you regarding the use of your data.
- The security measures in place to protect against the misuse of information.
How the user can correct any inaccuracies in the information.
Policy Changes on Websites
Any changes to our Data Privacy Policy and Privacy Notice will be made available on our website. If there are changes to how we treat our users' Personal Information, we will notify them via email or put a notification on our website.
The Personal Information/Data we hold about the users must be accurate and up to date. It is the responsibility of the users to ensure that Offshore Business Processing has up-to-date and accurate Personal Information and an active email address for your website update subscription.
What is Personal Information
Personal Information is any information whether recorded in a material form or not, from which the identity of an individual is apparent or can be reasonably and directly ascertained by the entity holding the information or when put together with other information would directly and certainly identify an individual.
Personal Information we collect on our website is First and Last Name, Email Address, Phone Number, and Company through our "contact us" page.
How and Why Do we Collect It?
Aside from our website, we obtain Personal Information in many ways including interviews, correspondence, by telephone and facsimile, by email, from your website, from media or publications, from social media, from other publicly available sources, from our website cookies, and third parties.
We collect your Personal Information for the primary purpose of providing our services to you, providing information to our clients, and marketing. We may also use your Personal Information for secondary purposes closely related to the primary purpose, in circumstances where you would reasonably expect such use or disclosure. You may unsubscribe from our mailing or marketing lists at any time by contacting us in writing.
When you visit our website, www.offshorebusinessprocessing.com, we automatically collect certain information about your device, including information about your web browser, IP address, time zone, and some of the cookies that are installed on your device. Click here to know more about our Cookies Policy. Additionally, as you browse the Site, we collect information about our web pages that you view, what websites or search terms referred you to the Site and information about how you interact with the Site. We refer to this automatically-collected information as "Device Information".
This website may include links to third-party websites, plug-ins, and applications. Clicking on those links or enabling those connections may allow third parties to collect or share data about you. We do not control these third-party websites and are not responsible for their privacy statements. When you leave our website, we encourage you to read the privacy notice of every website you visit.
Disclosure
Your Personal Information may be disclosed in some circumstances including the following:
- Third parties where you consent to the use or disclosure; and
- Where required or authorized by law.
Retention and Security Measures
Only authorized personnel has access to Personal Data and will be retained and disposed of in accordance with Offshore Business Processing's retention and disposal policies, guidelines, and applicable laws and regulations.
Offshore Business Processing implements appropriate and reasonable Technical, Organizations, and Physical Security Measures throughout the Data Life Cycle of the Personal Data that is collected. This involves preventing or at least reducing the probability of unauthorized/inappropriate access to data, or the unlawful use, disclosure, modification, and deletion to protect its confidentiality, integrity, and availability.
Quality of Personal Data and Access
It is important that Offshore Business Processing holds accurate, complete, and up-to-date Personal Data of identified Individuals. It is the responsibility of the Individuals to ensure that collected Personal Data is accurate, complete, and up-to-date. If the Individuals find that the Personal Data is outdated and inaccurate, they should advise Offshore Business Processing as soon as practicable so an update on records can be done and continued quality services will be provided.
Individuals may access, update and or correct the Personal Data by sending a letter of request subject to the approval of the management. Offshore Business Processing will not charge any fee for your access request but may charge an administrative fee for providing a copy of your Personal Data. To protect your Personal Data, we may require identification from you before releasing the requested information.
Contacting DPO
For questions and/or concerns regarding this Data Privacy Policy, use of your Personal Data, or your rights in relation to the Data Privacy Act of 2012, you may contact the Data Privacy Office in the following contact details:
Data Protection Officer
Email: dpo@offshorebusinessprocessing.com
Contact number: (+632) 7502-6411
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