MontPac – A Shared Service Center Concept
MontPac has established a new category of Business Process Outsourcing (BPO) service – providing professional financial management to small and medium businesses and not for profit organizations.
In a large, global company, BPO operations take the form of company owned offsite service centers providing services on a shared basis to numerous subsidiaries, divisions or other operations of a single company. A common example is a central accounts payable processing operation for a large, global company. Accounts payable is just one of the many transactional activities of a finance organization. By consolidating these common functions and processes, lowest costs from economies of scale can be achieved. Those economies can be further enhanced if the service center is offshore and can benefit from lower wages, facilities and other cost advantages.
MontPac clients are really the same as subsidiaries and divisions of the large, global companies benefitting from shared service centers. Our clients are smaller companies which would be unable to develop their own service centers because of the large investments in technologies, facilities and systems, managerial expertise, personnel and experience required.
MontPac is essentially a shared service center which provides its clients with all or part of the financial management needed by all businesses.
MontPac brings to its clients the financial professionalism, expertise, systems and cost effectiveness they need to compete with larger companies. MontPac’s clients enjoy cost effective and highest quality financial management and accounting capabilities, provided by talented and trained professionals who are employees of our wholly owned Manila, Philippines operations centers. Our Philippine based employees are all trained professionals, over 70% of our accountants are CPAs (Certified Public Accountants). Our Honolulu office and our Affiliates in other geographies provide our clients with support at our clients’ offices, if required.
MontPac provides the entire set of financial management functions of any in-house financial organization – controllership, treasury, taxation, budgets, measurements and analysis and accounting systems support. These services are provided at low cost and are of highest quality with superb service. Our services are provided to a vast array of clients, profit and not for profit, in numerous industries and endeavors.
