Finance and accounting services offshoring can give you access to state-of-the-art processing centers that deploy cutting-edge technologies, innovative process, and value-added services. The last decade or so, has seen financial institutions and banks, offshore their operations to India. With benefits like easy availability of skilled accountants, access to the latest finance and accounting software, assured security, and low cost of labor, makes India and The Philippines ideal offshore destinations. 
Apart from low labor cost and favorable policies, computer literacy and a good grasp of the English Language, the infrastructure, government policies are attractive and favorable. A large number of banks and financial institutions have set up large offshore centers that serve as an extension of the team. Primarily leveraging the business process management and technology application development, testing and technology infrastructure type of work.