Sydney, Australia, 25 September 2024 – ADEC Innovations PTY LTD in Oceania (ADEC Oceania), a global leader in outsourcing, workforce, and impact solutions, has been selected by an ASX-listed Food and Beverage company to provide knowledge process outsourcing (KPO) services for its Finance Division.
The partnership will initially focus on Accounts Payable services, supporting the client’s operations in Australia, North America and the Asian region, with plans to expand to other financial services. ADEC Oceania will deliver finance and accounting solutions from its established, ISO 27001:2022 certified facility in the Philippines, with the option to transition to a hybrid model in the future.
This initiative will help the client address critical talent shortages in the accounting industry by leveraging offshore finance and accounting expertise, reflecting the growing trend of businesses tapping into the offshore workforce to tackle talent gaps, boost efficiency, and expand globally. This marks the first time the client is offshoring to the Philippines, reflecting a significant step in their global growth and workforce strategy.
Michelle Bubke-Lowe, Head of Global Business Services at ADEC Oceania, expressed enthusiasm for the collaboration: “Our deep expertise in outsourced finance and accounting solutions, combined with robust IT infrastructure and a dedication to social impact, makes this collaboration an ideal match. Leveraging over 30 years of offshore experience, this partnership highlights ADEC Oceania’s ability to deliver tailored financial solutions for multi-geo needs.”
Further commenting on the strategic alignment, Christina Francisco, Financial Services SME at ADEC Oceania, added: “ADEC Oceania will provide specialist finance skills to support diverse tasks within the client’s Finance Division, addressing the current talent shortage. Our tailored, scalable services ensure we meet client needs and keep them competitive in a fast-evolving market, and we’re excited to be part of their growth journey.”
The partnership aligns with ADEC Oceania’s commitment to equal opportunities and Impact Sourcing practices, contributing to SDGs #1 (No Poverty) and #5 (Gender Equality). The solution will support the client’s focus on diversity and gender equality.
About ADEC Innovations
ADEC Innovations is a Global Business Services (GBS) organisation, focused on Sustainability, ESG, Resilience, Adaptability, and Impact. It is a global enterprise providing a wide range of solutions that encompass Shared Services, outsourcing, and other specialised capabilities to serve multiple business units and stakeholders.