As more and more businesses realize the need for management to focus on core competencies, all non-revenue producing, non-core areas of the business become candidates for outsourcing.
These outsourcing arrangements were started during the 1970’s by such giants as EDS, Price Waterhouse, ADP and others. Today, outsourcing is a $800 billion per year industry, and according to recent research, this amount should double by 2015.
It is to meet this expanding outsourcing need, specifically in the area of accounting, that Outsourcing Solutions, Inc. (OSI) was formed by long lasting friends Antonio F. Sécola Biascoechea, Certified Public Accountant, Certified Financial Manager and Certified Management Accountant and Armando Rodriguez Benitez, Master in Business Administration.
Alchavo.com services and proprietary products were designed from actual real work experience, validated by us and have been proven over and over again by satisfied clients.
By combining Mr. Rodriguez’ business knowledge and experience managing over ten (10) different businesses and Mr. Secola’s continued exposure to a wide variety of accounting systems, industries, and internal control structures, the perfect synergy was born. As the word “synergy” implies, by combining the operations of mid-size businesses with an experienced and state of the art accounting department, an incremental value is created that of individual businesses standing alone.
OSI is a local privately held corporation operating from its headquarters in Gurabo, Puerto Rico since 1999.
Outsourcing Solutions, Inc. is born
Raised close to $1,000,000 in capital investment
Won the Economic Development Bank’s – Empresarios.com contest
Launched AlChavo.com, the first and only Internet accounting service in Puerto Rico
Endorsed publicly by Microsoft, the Puerto Rico Industrial Development Company ("PRIDCO") and Banco Popular de Puerto Rico (the largest bank in Puerto Rico)
Increased revenues by 300%, doubled workforce/employees
Filed Patent Application
Exported services to international clients outside of Puerto Rico
Exceeded $1,000,000 in gross revenues
MIT Entrepreneur’s Program
Selected, endorsed and sponsored by Grupo Guayacan to attend MIT Entrepreneur’s Program
Endorsement of Puerto Rico’s "Compañía de Comercio y Exportación"
Won the endorsement of Puerto Rico’s "Compañía de Comercio y Exportación" to participate in the Cybernetic Center project.
Launched Alchavo.com.biz, a second Internet accounting software with additional features
CPA Partner Program
Started the CPA Partner Program, where local CPAs may offer their clients the unique services that OSI until then could only offer
Growth and recognitions
Continue a double digit growth rate, both in number of clients and gross billings
alchavo lite and mobile launch
alchavo lite and alchavo mobile is launched
All data is moved to Azure
alchavo 3.0 and Attendance module is launched
Started expansion to Latin America
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“All the changes are difficult and especially in the administrative area but I have to say that after 6 months of being with you and the processes are becoming simpler, better controls, seeing reconciliation on a daily basis and financial results on time. I have to responsibly recommend this platform to any company and its work team.”
“Our sustained growth in sales and market share for over a decade was made posible by the amazing help of the Alchavo team. While they took care of our financial, accounting and payroll needs, we were able to concentrate on building our sales and staffing our operation. Their partnership was most definitely the recipe for our success!! To Tony and his extraordinary staff our heartfelt thanks for their tireless effort in helping us on our quest to become a leader on the retail industry.”
“Alchavo has been extremely useful for the management of our legal office, thanks to the use of this system we have been able to reduce the time dedicated to administrative tasks, which allows us to focus completely on our mission, now we have a clear image of our daily financial operations. In addition, Alchavo performs an excellent job with the processing of the payroll and the delivery of the reports required by the Treasury and the IRS.”
“The most we value about Outsourcing is their excellent service and attention, no matter what the situation!”
“As a small business owner I needed someone to help me order my accounting and be able to meet all the requirements of the Government, thanks to the alchavo.com team, I was able to better organize my business and keep growing in my company. Very grateful for the service and dedication of AlChavo.com staff.”
“As an entrepreneur not versed in accounting, it is crucial for me to have reliable, up-to-date financial information at hand, and over the years, alchavo.com has provided us with that reliability and access to the point that we have implemented the solution in all Our business initiatives with different partners, in this way, we are all confident that the financial health of the company is guarded with transparency from wherever we are in the world.”
“Just a note to thank you for the time and speed in which you moved during the activity last week. Definitive when I needed help from you, they immediately solved me, once again, thanks for a quality and urgent service with extraordinary equipment. “
“The OSI accounting program allows me to monitor and supervise the financial affairs of the office, and in this way improve the efficiency of the time spent managing these tasks.”