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IQ BackOffice

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About

IQ BackOffice is a leader in finance outsourcing, accounting outsourcing and, human resources outsourcing to companies around the globe. IQ BackOffice delivers customized solutions for transactional activities with accounts payable outsourcing, accounts receivable outsourcing and payroll outsourcing services, plus general accounting outsourcing and financial statement preparation to create a complete finance and accounting solution.

Headquarters

-

Public or Private

Private

Seats or staff

501-1,000

Revenue

Unknown / Non-Applicable

Industries

-

Highlights

Domain Authority

22

Site traffic

252

OA ranking

-

Glassdoor rating

3.6

CrunchBase ranking

-

Details

Executive

David Schnitt, President

Year Founded

2002

Countries of fulfillment

-

Sectors

-

Contact information

(310) 322-2311

https://www.iqbackoffice.com

Social media

About IQ BackOffice: Review and comparison

IQ BackOffice is a financial Business Process Outsourcing (BPO) services provider headquartered in El Segundo, California. IQ BackOffice has provided finance and accounting automation services to businesses in industries ranging from restaurants to steel manufacturers since 2002. 

This BPO company focuses on providing customized financial outsourcing solutions through a proprietary platform that “leverages our clients’ existing infrastructure to deliver significant process improvements and faster access to better quality information.”

IQ BackOffice currently employs over 500 people at its branches in the Philippines, India, and the United States. While the latest annual revenue is unknown, they have achieved $150 million in annual revenue in the past, according to their biography of CEO David Schnitt.  

IQ BackOffice Outsourcing

The full-service accounting team of this BPO firm has over 100 years of combined experience providing comprehensive back-office financial services to companies across multiple business sectors. 

The members of the IQ BackOffice team have experience at companies like Citibank, PeopleSoft, California Pizza Kitchen, Ford, and top companies in other major industries like manufacturing, energy, and healthcare.

IQ BackOffice’s BPO services and pricings

IQ BackOffice is a global BPO provider that offers a range of finance and accounting services, including:

  • Financial process automation
  • Managed payroll
  • Accounts payable
  • Accounts receivable and billing
  • Business continuity
  • Full-service accounting outsourcing 
  • Software as a Service (SaaS)
  • Bank reconciliation and daily deposit verification
  • Fixed asset reporting

IQ BackOffice’s pricing

IQ BackOffice’s price structure is individualized based on each company’s needs. They offer free benchmarking that examines each company’s processes and creates an improvement plan with anticipated Return on Investment (ROI) and cost savings that typically average 50-70%.

How IQ BackOffice outshines its competition

This BPO firm prides itself in delivering “lower costs, better decision-making and stronger financial controls for our clients.” IQ BackOffice achieves this with, according to their website:

  • A management team with veterans of several industries;
  • Strong partnerships with other financial service providers;
  • Their core values of excellence, integrity, innovation, enterprise, and people;
  • Their guiding principle of continuous improvement and results in accounting, operations, and technology.

IQ BackOffice handles $18 billion in transactions annually and is one of the most successful companies providing financial process automation to businesses worldwide, 

Key executives

David Schnitt (CEO)

David Schnitt has been the President and Chief Executive Officer (CEO) of IQ BackOffice since January 2002. Schnitt has an MBA from Cornell and served as the CEO of companies like Ledgent and HrMail before taking over operations for IQ BackOffice. 

Peter Jimenez (Vice President and CFO) 

Peter Jimenez became the Vice President and Chief Financial Officer (CFO) for IQ BackOffice after serving six years at Citibank Shared Services as their Senior Vice President. He’s a Certified Public Accountant with over 25 years of experience in business process outsourcing and IT consulting.

IQ BackOffice reviews and comparisons

IQ BackOffice is a finance, accounting, and human resources BPO provider headquartered in the United States. While we don’t currently have a wealth of reviews for IQ BackOffice, we suggest that you compare the company to other financial BPO providers that serve large and mid-size companies in the United States, India, and the Philippines. 

IQ BackOffice’s contact information

IQ BackOffice’s main headquarters is located in:

N/A

Further, you may virtually reach out the company through the following contact information:

In addition, you may email them at [email protected] or call (310) 322-2311.

IQ BackOffice news, podcast & articles

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IQ BackOffice videos & images

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About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO).

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between world-leading outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 3,000+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

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