YourBookkeepersOnline (YBO) is a story of confluence for its founder, Eric Felipe. After a 30-year career as an Accounting and Finance professional, he never thought that one day all his experiences in major firms like Ernst & Young, global outsource company Serco, software giant Citrix and professional content publisher Wolters Kluwer would come together in one seed of an idea.
After leaving corporate in 2014, Eric was consulting to Tax and Accounting firms when he saw a need for small practices and their clients to adopt cloud-based accounting solutions that they neither have the time nor experience to drive. And so, began the organic growth of an idea that saw YBO set up a Delivery office in the Philippines, and successfully launch its outsourced bookkeeping and payroll services with two pilot clients. The business quickly evolved in response to the growing needs of its clients, as well as the general market demand. In a short space of time, YBO started to offer more services to include SMSF Accounts preparation, SMSF Audit and other administrative support.
In early 2016, Eric presented a proposal to Byrons, a major Accounting firm in Sydney with 9 Partners and 60 employees, based on the brief that they wanted to build their own offshore capability. Embracing the challenge, YBO set up Byrons’ Philippine Shared Services in Manila, headed by Adam Dyson, and began operations in May 2016. It was a very busy time for Byrons because, shortly after, it joined the Moore Stephens global network and became Moore Stephens NSW, a Practice that now has 15 partners and over a hundred staff.
In early 2017, YBO became the official offshore service provider for Moore Stephens NSW. It was through this engagement that it became apparent that the two would be better and stronger as true business partners. And so, YBO officially became part of the MS NSW group and the two operations in Davao and Manila became one.
Our story does not end here. As it continues to unfold, YourBookkeepersOnline is committed to a future of delivering the best outsource solutions to its clients and building strong relationships within the market and industry it serves.
© Your Bookkeepers Online. Copyright 2017.