Strategic Alliances: Selecting a Trusted Outsourcing Partner for Accountants in the Philippines

Profitmaster building 2023

In today’s increasingly globalised accounting sector, outsourcing has become a key strategy for Australian firms to streamline their operations and maximize efficiency.  Among the popular outsourcing destinations, the Philippines has emerged as a hub for accounting outsourced services. However, choosing a reputable outsourcing partner is a critical decision that demands careful consideration.  Here are my […]

Case Study: Enhancing Efficiency and Growth for one Australian accounting firm through outsourcing to the Philippines

Shake hands of agreement

Introduction Australian accounting and professional services firms are constantly seeking innovative strategies to optimise operations and foster growth. Two of the major inhibitors for growth across accounting firms are the difficulty in finding talent, especially at the intermediate and senior levels, and the problem of ever-increasing costs. Here is a Profitmaster success story of one […]

ISO 27001 Security Management Standard: Why Is It Needed?

Security vector

Did you know many businesses are subjected to new cyber threats on a regular basis? Worse, these threats are continually evolving.   According to IBM, the global average cost of data breach in 2022 was $4.35 million. That’s an increase of about 12 percent since 2020.   And it’s not just big businesses that are […]

Philippines Outsourcing: Redefining The Workforce

Profitmaster outsourcing staff

It appears that the majority of organisations are following the trend of global outsourcing. As a result of this shift in how companies source their talent, we’re seeing an evolution in the way people work. Cost-cutting Strategy Outsourcing has been fully embraced by businesses like ours as a viable cost-cutting strategy. As businesses look for […]

Boost your Profit and Growth

Why You Should Outsource Today Did you know that 30% of all Australian business outsource in some way and that the Philippines is the number one location for Australian business? Profitmaster is Australia’s premier BPO, placing qualified staff to reduce cost, improve productivity and boost your bottom line profits. So Why Work With Profitmaster? Time Zone The […]

How Do We Select Our Staff?

Profitmaster BPO’s General Manager, Michael Domingo gives insight to the process of how we select our Recruitbank Members that support Australian business through outsourcing: “Our staff go through a number of stages to ensure their suitability to our Profitmaster culture and that of our clients, so we can continue to provide first class services to Australian businesses. […]

Benefits of Outsourced staff for Australian Accounting firms

The last couple of years have thrown endless unexpected challenges to Australian businesses and pressures applied by the pandemic particularly have seen small to medium enterprises constrict on several operational fronts, including accounting and bookkeeping. As we’ve referenced in the past having a good accounting system is imperative to business operations. However, with staffing changes, working from […]

The Real Cost of Poor Recruitment and the outsourcing solution

Business owners have plenty of experience when it comes to the fallout from recruitment and employment of poor-quality staff. Conversely, when we get it right, the rewards obtained from employing top-quality staff are tremendous. All things considered, poor recruitment is a huge cost to the business. Lost productivity, wages, revenue, and the cost of re-hiring […]

Buying Your Life Back

We help business people like you, get organised and on track. Outsourcing frees up time so that your business can focus on what it does best, and help your people become more systematic and profitable. Profitmaster has a complete suite of outsourcing services to help you get your business on the path to success. Our […]