Author: Bill Lewis

It's a lucrative time to be a finance professional. A persistent skills gap fuels fierce competition for experienced professionals, driving compensation packages to new heights.

In a recent digital CPA Conference webinar, Dave Schnitt, President and CEO of IQ BackOffice and Offsite Office, shared valuable insights, drawing from his company's extensive experience in providing outsourced accounting services and offshore staffing solutions.

While AI won't replace human accountants entirely, it has the potential to revolutionize the way accounting firms operate, particularly those that leverage offshoring.

A talent shortage is driving more companies to explore offshore accounting and staff augmentation solutions, particularly in their accounting operations.

This article is a quick digest of key takeaways from David Schnitt’s insightful podcast interview regarding Offsite Office.

With traditional talent pools drying up and domestic recruitment becoming increasingly challenging, organizations are thinking strategically about their accounting operations.

Businesses are increasingly recognizing the value of delegating accounting tasks to qualified service providers in other countries. This approach offers a multitude of benefits beyond just cost savings.

How can businesses proactively adapt their BCPs to stay ahead of the curve in this dynamic environment? Perhaps the answer lies in embracing continuous learning and fostering a culture of collaboration.

In today's global business arena, offshoring and outsourcing have emerged as key strategies for operational efficiency and competitive advantage. While often confused, these distinct approaches offer unique benefits and challenges that can significantly impact a company's bottom line.

The future of Philippine offshoring is not just about cost savings and access to talent; it's about embracing emerging trends, leveraging technology, and adapting to the ever-changing needs of the global landscape.