As your business grows, doing the accounting work by yourself or having a one-man accountant team can be counterproductive to you meeting your goals. Keeping up with the compliance work every tax season, having data ready at hand for decision-making, and getting accurate financial insights to predict the outcome of your initiatives can be tough to handle alone.
Moreover, your focus as a business owner lies in improving your current strategy and expanding your client base.
Naturally, you’d want to free up your time to do these by building a team of tax accountants or hiring another accountant, but you’re hesitant due to cost and talent scarcity issues. Moreover, you might not have the resources to engage and upskill your newly onboarded, so there’s also the risk of attrition.
Our accounting client partners have experienced the same situation, and we’ve successfully helped them expand their capacity by having either a blend of an onshore and outsourced team or a 100% offshore team offering accounting solutions.
With more than 50% of accounting firms offshoring their accounting functions to the Philippines, the top benefits include the cost advantage (you can hire two or three offshore accounting staff for the price of one onshore account) and having access to a huge talent pool of English-speaking Certified Public Accountants (CPAs).
Emapta has partnered with accounting firms from Australia, New Zealand, the US, UK, and other countries to build high-performing, easily scalable accounting teams. Our clients’ dedicated offshore teams also work either remotely or in one of our 14 offices with 24/7 IT support.
We balance the fast-paced accounting environment with an engaging work culture that offers training programs, certification courses, as well as health and wellness activities to ensure that your offshore talent upskilled, motivated, and productive, which results in profitable business results for our clients and lower attrition rates for our offshore teams.
We guide our clients every step of the way, giving them full control over the processes, technology, and work shift of their bookkeeping team. We can provide you with full-time senior, intermediate, and junior accountants to our clients with a diverse range of skill sets and are experts in:
• Financial accounting
• Managerial accounting
• Cost accounting
• Tax accounting
• Accounting information systems
• Fiduciary accounting
• Forensic accounting
• Public accounting
• Government accounting
With the help of our in-house accounting SME, we can train your existing offshore team members or source accountants with the following institutional and vendor-related accreditations:
• Certified Public Accountant (CPA)
• Certified Financial Analyst (CFA)
• Certified Management Accountant (CMA)
• Enrolled Agent (EA)
• Certified Financial Services Auditor (CFSA)
• Certified Internal Auditor (CIA)
• Certified Fraud Examiner (CFE)
• Chartered Global Management Accountant
• Xero-Certified Accountant/Adviser
• Zoho Books Partner Consulting Partner
• Bill.com Expert/Guru Certification
• QuickBooks ProAdvisor
• NetSuite Administrator/User Certifications
• SAP Certifications
Our clients who hire more than one accountant prefer delegating a senior CPA as the team leader who manages the workload, checks the quality of the output of other team members, and acts as the liaison between the accounting business owner and the offshore accounting team. Some clients also invest in training their offshore team so they can interact directly with the firms’ customers and streamline key accounting processes.
Just tell us about any areas of your company that cause you grief or that you’d like to improve. Outsourcing may be the answer. Then again, it may not be. But after a quick chat with us, you’ll know one way of the other. So drop us a line and we’ll answer any questions you have.
We’d love to speak with you about how Emapta can support your business.
We’re always on the lookout for truly talented people who have the skills, ambition and drive to help our international clients thrive. So if you’re ready for a challenging (and very rewarding) career, please get in touch today.