• Management of Offshore Accounts and Offshore Businesses
  • Headhunting for Financial Analysts and Accounting Professionals
  • Global Deployment of Auditors, Analysts and Accounting Professionals
ACCOUNTS PAYABLE MANAGEMENT
  • Purchasing
  • Accounts Payable Reconciliation
  • Correspond with vendors, suppliers & service providers
Experienced OSI accountants will help you handle your obligations with suppliers, service providers, creditors, and even your simplest utility bills. We will assist you so you can maintain your credibility as a company. A good credit standing will open more doors to business opportunities.

Our A/P service includes purchase order processing, counter-checking of documents, monitoring of aging payables, facilitation of payment, and reconciliation of payables. An efficient AP Team reflects a trustworthy and credible company.
ACCOUNTS RECEIVABLE MANAGEMENT
  • Sales Order Processing
  • Customer Invoicing / Billing
  • Accounts Receivable Management
  • Payment Reminders & Collections
OSI provides services that help you keep track of your company’s revenue cycle, from sales order processing, invoicing, receivables monitoring, payment reminders and collections. We will provide you with a systematic approach to help you manage your receivables and make sure all transactions are recorded properly. Allow us to be your “Accounts Receivables Department” and free yourself from the pains of chasing problematic accounts.
GENERAL ACCOUNTING / BOOKKEEPING AND GL MAINTENANCE
  • General Ledger
  • Consolidations
  • Inter-company/Inter-branch Reconciliations
  • Preparation of Financial Statement
Our competent staff will handle and update daily transactions so that you can make a timely business decision. We will help you manage your growth by helping you maintain your General Ledger Accounts. You will also have an easy access to your accounts payable, receivable, book and back reconciliations.

Our company will handle your entire bookkeeping function including Fixed Asset Management, Project Job Accounting, Accounts Analysis, Reconciliation and Financial Statement Preparation. All these are necessary to keep you well informed about your business and keep you organized for any tax-related reviews, audits and other legal purposes.
INVENTORY MONITORING
  • Inventory tracking and reconciliation
  • Shipments monitoring (receipts and sales)
OSI believes that the fastest way to steal, from a company, is through unmonitored inventory. Documents and records must tally with the actual goods purchased or produced. All incoming and outgoing items must be accounted for. We will assist you in inventory monitoring by matching actual physical count reports with recorded data. This will help you guard your business from unexplained losses.

Integrity of records is essential. Every product/item accounted for contributes to the profit of the company. OSI offers this service to ensure a well-monitored inventory system.
PAYROLL PROCESSING
  • Time and Attendance
  • Payroll preparation
  • Pay slip preparation
  • Bank Advise
THE OSI SOLUTION
Our team of accountants is knowledgeable in US GAAP and has experience in accounting software such as MAS90, MAS200, Quickbooks, PeachTree, Solomon. We have the ability to hire professionals who are familiar with specific accounting software. We listen to our clients’ needs and we customize our services according to it.


This is how Accounting Outsourcing would work for you.

1. YOU SEND
After you have gathered all relevant documents, you can send it over to us through any method MOST CONVENIENT to you – Scan & Upload or Email.
2. WE RECORD
Your OSI offshore team will review and process each document sent. We will take appropriate action for each document and keep your records up-to-date. We will organize, store and protect all documents and financial information you provide.
3. WE MANAGE & REPORT
Our senior and CPA-level staff will submit to you the corresponding transactional and management reports with promptness and accuracy. We will customize reports according to your specifications.
THE OSI SERVICE FLOW
Communications are done mostly through the internet, both data and voice. We will work according to your instructions. International voice communications are made through VOIP. And data through Broadband DSL using E1 class type of internet bandwidth. Based on client’s request, we can connect our Client’s HQ Server with Client’s Philippine Server using a Virtual Private Network (VPN). We will handle most, if not all, of your accounting functions and the difference would only be that we will operate remotely
THE RECORDING PROCESS
1. Gathering of Documents: Client
You will gather all daily documents and submit the same to your IT department for imaging and transmission.

2. Imaging and Transmission Process : Client
Your IT staff tags the documents and assign bar codes as reference and process the documents using your imaging software. These imaged documents are stored in your database and copies will be transmitted to your OSI Accounting Team in the Philippines for processing and recording.

3. Encoding and Recording of Transactions: OSI ( Philippines )
Your OSI Team receives the encrypted documents and tags the same before encoding the transactions into your accounting software. Specific staff can also be given access to your database to retrieve imaged invoices and documents for processing.

4. Reconciliation and Verification of Accounts: OSI ( Philippines )
Your OSI team leader or supervisor will check the correctness and completeness of all your recorded transactions. And ensure that book and bank transactions are properly reconciled.

5. Analysis and Report Generation: OSI ( Philippines )
Your OSI team will produce reports, you require, with comments and recommendations on the analysis made on accounts and financial statements.
THE OSI REVIEW PROCESS
Structured Review Process
A daily, weekly, monthly and quarterly review system is recommended to ensure that correct information is consistently provided to the client. Over time, the frequency can be minimized.

Strategic Business Reviews
We recommend that your senior management and OSI communicate on a regular basis to discuss areas in which OSI may be able to add additional benefit. This will provide an opportunity for sharing of best practices, industry trends and brainstorming of ideas to improve your business.