In this infographic we’ve highlighted the key areas such as projected growth and employable labour force to understand what makes India and the Philippines excel great outsourcing destinations. India has always been a leader in outsourced accounting services but the Philippines has been gaining ground, find out which is better.

1. Source: AT Kearney Global Index, Reuters, ASEAN Briefing, Tholons Top 100 2016
India and Philippines Global
Outsourcing Market Share
$186 billion global industry
India – 46% Philippines – 22%
What India
does well
What Philippines
does well
Significantly leads China
as the # 1 outsourcing
destination
Has the depth and breadth
of English speaking
skilled labour
Over 200 multinationals
employing 1.1 million people
(industry total: 3.9 million)
Offers outsourcing services
to more than 66 countries
Home to Facebook, Microsoft,
Qualcomm, Apple, Amazon,
Uber and Google
Dominant in voice work
Gaining ground in fields like
engineering and legal BPO
Location for 16/20 offshore
call centre projects in 2016
Will provide 2.6 million
BPO jobs by 2022
96.3% overall literacy rate &
#2/21 on Asia English
proficiency Index
Source: AT Kearney – The widening Impact of automation
QXAS provides a cost-effective, professional, and secure outsourcing
service to accountants to scale their accounting teams, reduce costs and
increase profits.
SOURCES:
Ÿ https://www.ef.edu/epi/regions/asia/philippines/
Ÿ https://www.statista.com/statistics/320764/total-revenue-it-industry-india/
Ÿ https://www.aseanbriefing.com/news/2017/04/17/business-process-outsourcing-philippines.html
To learn more visit
www.qxas.co.uk
To request a consultation:
Call +44 0845 838 2452
Email: contact@qxas.co.uk
Which is the better outsourcing
destination for accountants?
India Philippines
vs
(in 2022)
Projected
growth
2017 AT
Kearney Index
Dominant
area
8%-10% 6%- 7%
Finance
& Accounting,
Customer Service
Customer Service,
Voice processes
#1 #7
Employable
people
487 38million million
Expected
growth:
(2022)
£73billion
£40billion
Industry
employs:
3.9 1.4million million
(2016/17)
Industry snapshot