Key Summary:
- Finance and accounting outsourcing is a growing industry, offering significant benefits to business owners seeking to optimize financial management and reduce overhead costs.
- Connext Global Solutions stands out as a leading provider, offering tailored solutions that align with clients’ strategic goals and operational needs.
- By leveraging the expertise of Filipino accountants and advanced accounting software, Connext ensures high-quality service delivery and compliance with global standards.
The global market for Finance and Accounting Outsourcing, estimated at US$43.1 Billion in 2022, is projected to reach US$53.4 Billion by 2026, growing at a CAGR of 5.9%. Multi-Process F&A BPO, one of the segments analyzed in the report, is projected to grow at a 6.8% CAGR to reach US$19.3 Billion by the end of the analysis period.
Finance & Accounting Outsourcing allows business owners to transfer accounting tasks to third-party providers, ensuring accurate financial statements, compliance with accounting principles, and efficient financial management.
The Philippines stands out as a premier destination for Finance & Accounting outsourcing, offering a unique blend of deep talent, operational scalability, and cost-effective service delivery. Global enterprises continue to invest in the country’s mature BPO sector to streamline financial operations and drive long-term value. In this article, we spotlight the top Finance & Accounting outsourcing providers in the Philippines—trusted partners that consistently deliver results and help fuel the industry’s sustained growth.
Connext Global Solutions
Connext Global Solutions is a premier accounting firm specializing in customized finance and accounting outsourcing solutions. The company has been included in the Clutch Leaders Matrix Top 15 Finance and Accounting Outsourcing Companies.
Since 2014, Connext has enabled over 50 clients to enhance their financial operations through services such as balance sheet preparation, tax compliance, and strategic planning. Their teams are proficient in accounting software and adhere to strict regulatory compliance standards. With a focus on helping business owners reduce overhead costs and streamline internal processes, Connext builds, trains, and manages high-performing offshore teams of accounting professionals.
Connext offers expert support across the full accounting cycle, including managerial accounting and financial analysis. We help reduce operational costs with flexible models like independent contractor agreements, ideal for scaling your accounting team during hiring freezes. With a focus on quality, accounting standards, and streamlined financial operations, Connext is a trusted partner for business owners.
Ready to optimize your finance function and overcome hiring challenges? Contact Connext Global Solutions to build your offshore accounting team today.
Accenture
www.accenture.com
Accenture is a global accounting firm and professional services provider with over three decades of experience in the Philippines. Known for delivering financial management, tax compliance, and end-to-end accounting tasks, Accenture supports businesses in more than 130 countries using automation and advanced accounting software.
Its 33,000+ accounting professionals help manage services such as Order to Cash, Record to Report, and financial planning and analysis, ensuring compliance with global accounting principles. With over 72,000 employees in the Philippines, Accenture plays a significant role in optimizing financial operations and reducing overhead costs for global clients through scalable, tech-driven solutions.
Remote CoWorker
Remote CoWorker is a Business Process Outsourcing provider founded in 2013 that offers Virtual Assistance, Customer Support, Back-office Support, Technical Support, Bookkeeping, Sales and Billing, and Real Estate Admin Support to various industries. It is rated as a Top BPO Services Company by goodfirms.co.
Unity Communications
Unity Communications is a Business Process Outsourcing provider headquartered in Gilbert, Arizona, founded in 2009. The company provides Back Office, Software, Technology, and Customer Service support services. It has been named one of the Top 1000 Service Providers for 2021 by Clutch. It has global centers across the United States (Austin (TX), Denver (CO), Los Angeles (CA), Pittsburgh (PA), Salt Lake City (UT)), the Philippines (Manila, Taguig, Alabang, Makati, Pasig City, Bonifacio Global City), Mexico (Monterrey), and Costa Rica (San Jose).
Capgemini
www.capgemini.com
Capgemini, a French multinational IT services and consulting firm founded in 1967, supports global enterprises through a broad range of technology-driven solutions including cloud, cybersecurity, AI, and enterprise management. With 340,000+ experts operating in over 50 countries, Capgemini is known for combining deep industry insight with advanced technology. Its Finance & Accounting services span Credit to Cash optimization, Procure to Pay, Record to Analyze, Master Data Management, and CFO Analytics, all geared toward standardizing processes, accelerating close cycles, and improving compliance. Capgemini established its global delivery center in Taguig, Metro Manila in 2018, reinforcing its focus on scalable and high-quality finance operations.
Conduent
www.conduent.com
Founded in 2017, Conduent delivers business process outsourcing (BPO) solutions across a wide range of industries—from healthcare and finance to public sector services. With 60,000+ employees and a strong U.S. base in New Jersey, Conduent stands out for its ability to manage scale, processing over 89 million invoices annually. Its Finance & Accounting services include Source to Pay, Order to Cash, Record to Report, and compliance support, enhanced by digital automation and data-enriched payments. Conduent’s Philippines office, located in Pasay City, plays a key role in its global service delivery network.
Tata Consultancy Services (TCS)
www.tcs.com
TCS, part of the Tata Group, is one of the world’s largest IT and business services providers, with over 592,000 employees across 46 countries. Headquartered in Mumbai and founded in 1968, TCS delivers innovative solutions at scale, powered by cloud, automation, blockchain, and AI. In Finance & Accounting, TCS supports end-to-end processes including Accounts Payable, FP&A, General Ledger, and Treasury services. The company’s strength lies in integrating deep domain expertise with cutting-edge digital capabilities. TCS has operated in the Philippines since 2008, serving global clients from its Manila hubs.
IBM Business Services
www.ibm.com
IBM is a century-old technology pioneer and global leader in IT, AI, and consulting services, with operations in over 170 countries. Its finance transformation capabilities are grounded in automation, analytics, and AI, with offerings such as Record to Analyze and Source to Pay workflows. IBM also provides security-rich cloud infrastructure and blockchain-backed finance services. The company’s Philippine footprint spans multiple cities including Quezon City, Taguig, and Cebu. IBM Business Services, launched in 1990, remains one of the most established providers of business transformation outsourcing in the region.
Genpact
www.genpact.com
Headquartered in New York, Genpact is a global professional services firm with deep roots in process transformation, powered by AI and advanced analytics. With 100,000+ employees across 90+ centers in 21 countries, Genpact drives $40 billion in business impact for clients. Its Finance & Accounting services include AP automation, invoice to cash, record to report, and enterprise performance management. Genpact’s long-standing partnerships with firms like GE and Bayer showcase its track record in delivering measurable outcomes. The company’s Philippine presence, active since 2006, includes centers in Quezon City, Alabang, and Bataan.
Wipro
www.wipro.com
Wipro, an Indian multinational founded in 1945, offers IT, consulting, and business process services powered by AI, robotics, and hyper-automation. Its Finance & Accounting services support CFO organizations with budgeting, forecasting, statutory reporting, and end-to-end processes like Procure to Pay and Order to Cash. Wipro serves 140+ customers across 35 languages through 22,000+ finance specialists. With Philippine operations in Manila and Cebu, Wipro emphasizes domain-driven delivery and multilingual finance support for global clients.
Infosys BPM
www.infosysbpm.com
As the BPM arm of Infosys, Infosys BPM has been delivering transformative outsourcing since 2002, with 35 delivery centers across 14 countries. Its Finance & Accounting services are enriched by vertical-specific insights, covering retail banking, market data, AML/KYC, and wealth management. Infosys BPM differentiates itself through a blend of digital process excellence and deep functional specialization. In the Philippines, Infosys BPM has been operating since 2007 with sites in Muntinlupa and Taguig.
WNS Global Services
www.wns.com
WNS is a global BPM company with 55,000+ employees across 17 countries. It serves over 400 clients across key industries like BFSI, life sciences, healthcare, logistics, and travel. WNS’s Finance & Accounting services include retail and commercial banking, capital markets support, fintech, and compliance processes, all enhanced by advanced analytics and digital solutions. Its Philippine offices in Quezon City, Taguig, and Iloilo offer agile, scalable delivery aligned with client goals.
Sutherland Global Services
www.sutherlandglobal.com
Since 1986, Sutherland has delivered business process and digital transformation services across sectors like banking, healthcare, telecom, and logistics. With over 38,000 employees and 61 delivery centers worldwide, Sutherland processes over 43 million transactions monthly. The company’s Philippine sites, including NCR and Pampanga, serve as key nodes for global F&A support, particularly for clients seeking automation-led customer and financial operations.
Cognizant
www.cognizant.com
Founded in 1994, Cognizant is a U.S.-based digital services leader with 318,000+ employees globally. Known for its strength in digital engineering and AI-led transformation, Cognizant provides robust finance support through its intelligent process automation, core modernization, and ERP integration capabilities. With six delivery centers in the Philippines and a workforce of 6,000 locally, Cognizant blends technology expertise with financial process depth for large-scale enterprise needs.
Concentrix
www.concentrix.com
Concentrix is a leading global provider of digital CX solutions with 270,000+ employees across 40+ countries. Its Finance & Accounting services cover Procure to Pay, Order to Cash, Record to Report, and Controllership, with advanced finance analytics and ERP integration under Specialized Services. Known for its scale and end-to-end CX delivery, Concentrix has a significant footprint across Philippine cities including Taguig, Cebu, Davao, and Quezon City, offering clients consistency and reach across finance and customer operations.
Gain a broader perspective on financial outsourcing in the Philippines. Visit our blog to learn about the top 10 payroll outsourcing companies, providing a comprehensive view alongside the leading finance and accounting outsourcing firms.
FAQs:
Outsourcing finance and accounting services can lead to cost savings, access to specialized expertise, improved compliance with regulatory standards, and the ability to focus on core business activities.
Connext employs experienced accounting professionals proficient in various accounting software and adheres to international accounting principles. They also implement robust internal processes to maintain high-quality standards.
Yes, Connext offers flexible engagement models, including independent contractor agreements, allowing businesses to expand their teams without increasing headcount.
Businesses of various sizes and industries seeking to optimize their finance function, reduce operational costs, and ensure compliance with accounting standards can benefit from Connext’s services.
You can contact Connext Global Solutions to discuss your specific needs and explore how their services can support your business objectives.
