Building an Offshore Accounts Payable Function for a Listed Company

Open book with hand holding pencil

Client type

Australian publicly listed company

Services

Virtual Finance Team | Financial Leadership | Offshore Team Management

The challenge

The client needed a scalable, cost-effective accounts payable function — but one with strong governance, clear financial control, and tight alignment with their CFO and senior leadership. They didn't want a faceless offshore team. They needed one that worked like part of the business.

werk:out’s solution

We designed and built a fully outsourced, offshore Procure-to-Pay function — end to end. That meant sourcing and assembling an experienced team of Assistant Accountant-level CPAs in the Philippines, embedding them alongside onshore senior accountants in Australia, and putting senior management oversight in place to ensure accountability, service quality, and seamless integration with the client's finance leadership.

We didn't just fill seats. We built a team — one aligned to the client's culture and values from the start.

The outcome

Since 2014, werk:out has built and operated a cohesive offshore finance team that works hand-in-hand with the client's CFO and executive team. The result: reliable, scalable accounts payable operations with strong governance — and a relationship that's been going for over a decade.

This is what werk:out means by long-term partnership.

I Met Eric And The Werk:Out Team In 2021, Though They Had Already Been Deeply Embedded In Storage King's Finance Organisation Since 2014 — Modernising Systems, Transitioning To Cloud-Based Solutions, And Building A Seamlessly Integrated Offshore Team.

Reiner Low
CFO, Storage King
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Storage King

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