Outsource Partners International Achieves Major Milestone of 1,000 Employees Worldwide
With the news that OPI, one of the leading finance and accounting outsourcing firms, has hit the 1,000-mark in staff, it’s clear that companies like OPI represent a new breed of professional practice.
It was controversial years ago when we started recognizing H&R Block and other tax chains as part of the business.
In the same way today, you can’t ignore OPI, or other non-CPA, non-audit firms as part of the competitive picture.
Start with any payroll company, add in the tax and accounting software outfits that handle some processing, and then go on to pacesetters like:
— Jefferson Wells
— Protiviti
— Accenture
And staffing outfits like:
— Robert Half
— Ajilon
— Spherion
— Adecco
— Hudson Highland
— Kforce
— Resources Connection
The result is a vastly broader marketspace — with exponentially more comoetition and opportunity — than anyone might have imagined only a few years ago.
Here’s the full OPI news announcement…
Los Angeles, California ? January 11, 2006 ? Outsource Partners International, Inc. (OPI), the largest business process outsourcing firm dedicated solely to finance and accounting functions, announced today that it has achieved the major milestone of more than 1,000 employees worldwide.
?Achieving this milestone demonstrates the confidence that our clients place in OPI?s capabilities,? said Clarence T. Schmitz, Chairman and CEO. ?We take great pride in our employees, a high percentage of which are either U.S. Certified Public Accountants or Indian Chartered Accountants, as we continue to build a unique professional services organization capable of handling highly complex functions.?
Typical of OPI?s professional staff, the 1,000th employee is a female Chartered Accountant with nine years of practical work experience, who was living and working in Mumbai. She has relocated to work in OPI?s new shared service center in Kochi, her native province in India, where she will supervise a team of employees performing Sarbanes-Oxley compliance tests for a major company.
Commenting on the achievement, Kishore Mirchandani, OPI?s President, noted that ?OPI?s rapid growth provides considerable opportunity for our employees to advance as they pursue their careers in accounting. Those advancement opportunities enabled us to keep employee turnover down to 6% during 2005 – one of the lowest in the business process outsourcing industry.?
About Outsource Partners International, Inc.
Outsource Partners International is the largest firm dedicated to outsourcing finance and accounting functions, such as accounts payable, receivables, payroll, cash management, tax compliance, general accounting and financial reporting. Our unique, highly customized service model combines experienced on-site staff with document imaging, automated workflow and offshore transaction processing, enabling clients to substantially reduce cost, improve financial reporting and focus on their core business.
OPI is built and managed by experienced professional accountants, most of whom are former Big Four accounting firm partners and managers. That heritage drives a strong spirit of partnership with our clients. Placing client service and quality above all else has enabled us to build a substantial portfolio of satisfied clients who reward us by acting as references and serving as real-life examples of the power of outsourcing.
OPI has more than 1,000 associates operating through seven offices in the U.S. and services centers in Bangalore and Kochi, India.