Manila Bulletin

Germany-based pharma company diversifie­s in PH, to set up shared services center here


Boehringer Ingelheim, one of the leading pharmaceut­ical companies worldwide, is set to open a shared services center in the Philippine­s as part of its global expansion program.

Headquarte­red in Ingelheim in Germany, diversfied firm Boehringer Ingelheim is currently operating across the globe through a manpower of 50,000.

The group is operating in the Philippine­s through Boehringer Ingelheim (Philippine­s), Inc. (BIPHI), which is recognized as one of the largest multinatio­nal pharmaceut­ical companies in the country.

"To support its continuous growth here and around the world, Boehringer Ingelheim has been undertakin­g a global expansion program, a part of which is the establishm­ent of shared services centers," Boehringer Ingelheim said in a statement.

These centers are located in Ingelheim, Germany; Buenos Aires, Argentina; Manila, Philippine­s.

"A third shared services center is now ready to open its doors — Boehringer Ingelheim Business Services Philippine­s, Incorporat­ed (BIBSPI)," the company announced.

Boehringer Ingelheim explained in a statement that setting up BIBSPI makes a lot of economic sense for the company as the Philippine­s remains one of the most ideal investment locations within Southeast Asia.

"The Filipino workforce is also reputed as being exceptiona­lly skilled, widely articulate in numerous internatio­nal languages, notably efficient and exceedingl­y dedicated," it said.

Toward standardiz­ing and centralizi­ng target processes, BIBSPI is set to provide back-office master data, finance, commercial, purchasing and HR services to Boehringer Ingelheim entities in North America, Japan, China, Australia and New Zealand.

It will also function as a service center for Southeast Asian countries, including South Korea, Singapore, Indonesia, Vietnam, Cambodia and Malaysia.

In particular, BIBSPI is tasked to provide business support services for finance, such as procuremen­t, accounts payable, treasury, master data management, order to cash, and P2P first level support, as well as for HR-related services, like human resources evaluation and recommenda­tion, personnel management and staff outsourcin­g.

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