 | This article includes a list of general
references, but it lacks sufficient corresponding
inline citations. (April 2011) |
| Company type | Private |
|---|---|
| Industry | Outsourcing |
| Founded | 2002; merger of a big four accounting firm's business process outsourcing (BPO) division and itAccounts |
| Successor | EXL Service |
| Headquarters | New York City, United States [1] [2] |
Key people | |
| Services |
Business process outsourcing Payroll administration Benefits administration General accounting Tax compliance Control & risk management |
| Revenue |  $76 million
USD (2011) |
Number of employees | 3700 |
| Website |
www |
Outsource Partners International (OPI) was acquired by EXL in June 2011. The acquisition marked the end of F&A outsourcing of OPI. OPI was a multinational company with headquarters in New York, NY and Los Angeles, CA. It operates from more than a dozen global locations throughout the US, UK, India, Bulgaria, and Malaysia. OPI was formed in 2002 through the acquisition of big four accounting firm's Business Process Outsourcing (BPO) division and itAccounts, a finance and accounting BPO company with an offshore F&A outsourcing facility in Bangalore, India. It offers finance, accounting and tax outsourcing services. [3]
Growth plan
Outsource Partners International (OPI) is an outsourcing company specializing in finance and accounting outsourcing (FAO) services. The company was originally established in 2002 through the acquisition of a big four accounting firm's (KPMG) Business Process Outsourcing (BPO) division and itAccounts. OPI handles companies' routine, recurring transactions as well as complex processes such as regulatory compliance, preparation of financial statements and SEC reporting. Through its onsite-offshore approach, key members of client staff transfer to OPI, yet remain onsite to interact with client executives and other departments. Additional services include revenue processing; vendor and payment processing; payroll and benefits administration; general accounting; financial reporting; fixed assets and capital accounting; cost and inventory accounting; regulatory compliance reporting; and management reporting. OPI also offers tax co-sourcing and tax outsourcing for data entry and tax from preparation. Clients are typically involved in the service, manufacturing, technology, retail, energy and not-for-profit industries.[ citation needed] While its clients range in size from US$100 million to multi-billion dollar organizations, they average US$76 million in annual revenues.[ citation needed] Its clients are both publicly traded and privately owned. Clients span cross-industry, including:
•Agriculture •Business Services •Consumer Products •Consumer Services •Education Products & Services •Energy & Utilities •Entertainment & Leisure •Financial Services •Healthcare •Hotels & Motels •Manufacturing •Media •Not For Profit •Real Estate •Retail •Technology •Telecommunications •Transportation & Logistics
OPI has grown to include 15 offices and service centers across the United States, United Kingdom, India, Bulgaria, and Malaysia. Its 3,700 employees occupy more than 500,000 square feet (46,000 m2) of office space.
Locations
North America
Asia Pacific
- Bangalore
- Kochi
- Delhi
- Kuala Lumpur
- Noida (NCR)
Europe
References
- ^ "Accounting Outsourcing, Accounting Offshoring, Accounting BPO - Outsource Partners International - About OPI". Archived from the original on 2008-09-03. Retrieved 2008-09-04.
- ^ Plunkett, Jack W. (July 2007). Plunkett's Outsourcing and Offshoring Industry Almanac 2008. ISBN 9781593920883.
- ^ Staff Correspondent (2018-04-17). "BPO firms can play a part". The Daily Star. Retrieved 2022-06-03.