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Financial Process Outsourcing


What is financial process outsourcing?


Financial process outsourcing can cover a wide range of tasks that are currently handled by your internal accounting and finance departments. Many companies have considered outsourcing a finance or accounting function but aren’t quite sure where to start the process.


CSP Global Services is here to help both mid-size businesses as well as large corporations during any stage of finance and accounting business process outsourcing (BPO) projects. This can range from a full due diligence analysis, all the way through implementation and reporting.


We have experience working with all areas of finance and accounting BPO that can improve efficiencies within your mid- to large-size business, including:

  • Accounts Payable Outsourcing

  • Accounts Receivable Outsourcing

  • Credit and Collections Outsourcing

  • Order Management and Billing Outsourcing (from Accenture Site)

  • Transaction Processing Outsourcing (from Accenture site)


Why might you consider finance and accounting BPO services?


Outsourcing a finance and accounting BPO services can have many benefits for your business:

  • Reduced costs

  • Increased efficiency

  • Improved flexibility of staff

  • Improved scalability to take on increased workloads

  • Increased bandwidth to offer new products/services to existing customers

  • More time and effort to focus on core business processes


Our due diligence analysis will help you determine exactly which benefits your business can expect and the best way to proceed with your finance and accounting BPO project.



Why choose CSP Global Services for financial process outsourcing?


What sets CSP Global Services apart is our specialty in working with not only large corporations, but mid-size businesses that, in the past, did not have access to the increased efficiencies and reduced costs of a global outsourcing operation. We’ll work closely with you to develop a custom outsourcing strategic plan that minimizes your cash outlay while maximizing the talents of your current team members.


We are here to help you determine if financial process outsourcing is a good choice for your business. No matter what type of finance outsourcing services you think your company may need, we’ll start with a thorough due diligence process that will give you a clear idea of precisely which benefits your company can start to achieve from a financial process outsourcing project.


You can feel assured that your needs will be met because of our knowledgeable staff’s unequaled commitment to customer service. We believe in providing total customer satisfaction on each and every one of our engagements.



Why choose the Philippines for your finance process outsourcing services?


All of our business process outsourcing is done through the Philippines, one of the fastest growing BPO locations in the entire world. We choose to work only in the Philippines because the country is known for strong English skills. English is one of two official languages of the country and one of the major subjects at all educational levels. This leads to workers who are very familiar with the language as well as aware of western business culture.


Also, since the Philippines is still emerging in the BPO market compared to more established countries such as India, we’re able to keep your costs low.


Sample Philippines’ salaries courtesy of Sourcing Line (as of March 2010):

  • Junior BPO resource: 8.7 % of US

  • Skilled BPO resource: 14.0 % of US

  • Operations manager: 26.0 % of US

  • Customer service representative: 17.0 % of US

  • Customer service manager: 23.0 % of US


No-Risk Financial Process Outsourcing Consultation:


For a no-risk financial process outsourcing consultation from CSP Global Services, contact us at 216-503-3800 or use our contact form.





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