ACCOUNTS PAYABLE

Why offshore accounts payable processes?

Increase the efficiency of your business

An already lean accounting team does not have to be burdened with simple, back office functions. Business owners don’t have to be spending precious time poring over bills. As an expert in your industry, your time is better spent managing and growing your company.

By offshoring backoffice tasks, you can free your and your team’s time and refocus on working with clients on matters that are billable.

Reduce your labour costs

The average salary for an Accounts Payable Officer in Australia and New Zealand is AUD$61,466 per year. Staff Domain can help you recruit a trained, qualified and experienced full-time resource for a third of that cost – including our facility fee.

SMBs can reinvest the savings on labour costs into marketing or other areas of the business that can help generate revenue.

Reliable, trained, and skilled staff

The Business Process Outsourcing (BPO) industry in the Philippines continues to grow as more businesses from all over the world take advantage of the large pool of professional accounting talent. Staff Domain will find you offshore staff already experienced and familiar with various Australian and New Zealand regulations and compliance procedures for accounts payable processing.

Having offshore staff also acts as a checks and balance to ensure your business has a clean money trail. Your offshore team is impartial, will closely follow processes, and send timely and accurate reports back to you.

Data security and privacy

Staff Domain guarantees the safety and security of sensitive financial and business information by implementing multiple security measures in the workplace. Staff access can be limited to the details and information they need to process bills and vendor payments. For more information on how we tackle data security and Privacy click here.

Improved supplier and experience

Your offshore staff will provide exceptional service to your suppliers. Each interaction with your suppliers, or your team, will be based on your company’s brand values. You can expect more than just bills managed and paid – expect great feedback and improved experience with all those your offshore accounts payable office may encounter.

Open communication and collaboration

Consider each Staff Domain resource as a regular, in-house employee of yours. Your team will be online during Australian hours and working side by side with your core team or suppliers. You can easily assign new tasks or monitor the progress of projects they are handling.

Thanks to Staff Domain’s impeccable IT & telecommunications offering, your team will have access to the same systems your local team does. You can even assign them with an extension of your local office phone number, and contact them at local call rates. Staff Domain will help you every step of the way.