Financial Transformation for a Professional Services Firm

Challenge

ConsultPro, a growing professional services firm specializing in management consulting, needed to transform its financial operations to support expansion into new markets. The firm required solutions for managing complex billing arrangements, international tax compliance, and financial forecasting.

Solution

Outsourced Finance Philippines implemented a comprehensive financial transformation, including automated billing systems, international tax compliance frameworks, advanced financial forecasting models, and staff training on financial best practices.

Key Results

• 45% increase in billing accuracy and timeliness
• Seamless compliance with tax regulations in 8 countries
• 25% improvement in cash flow forecasting accuracy
• Reduced month-end close time from 15 to 5 days