Business process outsourcing in the Philippines is an emerging industry in the country. BPO is one of the world's fastest growing industries. The BPO boom is led by demand for offshore call centers.
The boom in the Philippines is fueled by its call center, human resources, and information technology services. Though call centers form the largest part of the BPO boom, its language proficient information technology professionals, and accountants are significant as well. Proficiency in English and Spanish is a factor in the growth of BPO in the country today.
It also has the largest number of accredited accountants in Asia, and growing yearly. The country's accountants also are known for their flexibility in working with multiple standards in accounting.
A CITEM report cited the Philippines as a top 10 choice for offshore operations. Some major companies present in the Philippines include Accenture, AIG, Barnes & Noble, Chevron, Citigroup, Dell, Procter & Gamble, and others.