accounts-assistants

Outsource real estate accounts assistants to the Philippines

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What is an outsourced real estate accounts assistant?

The accounting tasks performed within a real estate business can be quite extensive especially in relation to trust accounts, however there is opportunity to outsource much of this work to someone external to your agency. This person can be located offshore in places such as the Philippines but will still work very closely with your onshore team.

An offshore accounts assistant can help both your sales and property management team with the following tasks, plus many more:

  • Maintaining trust accounts
  • Bank reconciliations
  • Bond reconciliations
  • Tenant and landlord invoicing
  • Pay runs for utilities, trades and rates
  • Accounts receivable and payable
  • Reporting
  • Payroll processing
  • BAS and tax preparation
  • Property management accounts
  • Managing late payments, arrears and defaults
  • Strata management accounting.

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Why do real estate agents outsource accounts assistance offshore?

With daily reconciliations required for trust accounts, and a huge number of other tasks involved with accounts receivable and payable, many real estate agents are sharing their accounting load with an offshore resource. The tasks require a very high level of attention to detail and a thorough understanding of accounting knowledge which is perfectly suited to the professional and qualified talent that’s available in the Philippines.

Outsourcing your repetitive, transactional accounting tasks to an offshore assistant will allow your sales team and property managers to focus on growing your business rather than chasing payments. Your accountant will also be more focused on business strategy and managing higher level accounting requirements. As a business owner, you’ll have accounting information that’s correct and up to date, ensuring that any late or defaulting payments are easily managed before they become major issues.

What other real estate job roles can be outsourced?

In addition to an accounting assistant, many other jobs within your real estate agency can be fulfilled by an offshore team member, including:

What are the benefits of outsourcing real estate accounts assistant roles?

Organisations are able to appreciate the added benefits that come from offshoring real estate accounts assistant duties to the Philippines, including:

  • Increased employee satisfaction

    Give your local team peace of mind by relieving them of any unnecessary tasks and sharing the workload with an offshore team or team member. This will help increase employee satisfaction within your business. With your real estate accounts assistant team able to focus on what they were hired to do, you can expect to see a positive change in your working atmosphere.

  • Cost savings

    Hiring local staff can prove very costly to an organisation. Hiring an offshore team member that can assist your local team with routine real estate accounts assistant tasks for a fraction of the price will help you control costs in your organisation, saving up to 70% when compared to hiring locally.

  • Business growth

    Hiring full time offshore real estate accounts assistant can help increase profits and supercharge your business growth. By adding extra capability through an offshore team, your local employees will have additional capacity to take on more work and grow your business sustainably.

  • Efficiency increase

    Sending daily, time consuming, repeatable real estate accounts assistants tasks offshore will allow your local team to take on more work. By sharing the workload between your onshore and offshore team, you will notice a drastic increase in efficiency and productivity within your organisation.

What are the costs associated with outsourcing real estate accounts assistant roles?

Outsourcing your real estate account assistant to the Philippines can represent significant employment cost savings for your business of up to 70%. At Beepo, we offer a simple monthly fee to help you reduce your overheads and focus on growing your business. This monthly fee covers everything from infrastructure, security, management and recruitment, to training, IT, legal and staff benefits.

For more detailed information on costs, please arrange a business consultation so we can tailor a solution to suit your unique business needs.

The Beepo advantage

Beepo is an Australian-based outsourcing company that offers businesses a distinct competitive edge with offshore staffing solutions. We take the time to understand the hardships our clients face when it comes to recruiting hard working, dedicated staff. The Philippines is renowned for its accounting talent and bookkeeping skills, and we are adept at finding and recruiting the best of the best in terms of bookkeepers.

Additional real estate roles and services your business can outsource to the Philippines

So, you've decided to send your outsource real estate accounts assisting tasks to the Philippines to take advantage of the benefits of outsourcing. Why not consider embracing offshoring solutions for your other real estate services as well? Take a look at the below list of roles and services that are well-suited to offshoring:

Interested in learning more about the outsourced solution we can provide for your business?