Outsourced CFO (OCFO) won the Top Shared Service Centre Award at the 2025 CapeBPO Awards, recognising its innovation, technology-driven financial leadership, and commitment to both South African and international clients. The win highlights OCFO’s dual impact in global service delivery and local job creation.
-- Outsourced CFO (OCFO) has been named the winner of the Top Shared Service Centre Award at the 2025 CapeBPO Awards, held on 18 October at the Century City Convention Centre in Cape Town. Up against some of the largest players in the industry, OCFO’s win underscores its growing influence as one of South Africa’s most innovative financial services firms within the Business Process Outsourcing (BPO) and Shared Services space.
Hosted by CapeBPO in partnership with the City of Cape Town and the Western Cape Government, the annual awards recognise organisations and individuals that are transforming the region’s BPO ecosystem through innovation, technology, and talent development. This year’s African Glam gala celebrated Africa’s creativity, excellence, and rising global presence.
For OCFO, winning this award represents both an incredible honour and a validation of its mission to deliver world-class financial systems and strategic support to scaling businesses, both in South Africa and globally. The company has built its reputation on helping entrepreneurs grow through a technology-driven shared finance model that enables offshore service delivery while creating much-needed jobs locally.
“We got it! Up against much bigger players in the space, Outsourced CFO won the Best Shared Services Company Category at the CapeBPO Awards,” said Louw Barnardt, Co-Founder and Managing Director of Outsourced CFO. “We’re incredibly proud of what this achievement represents for our team and for the clients we serve both locally and internationally. It reflects the strength of South Africa’s accounting industry and its growing role in delivering world-class financial services.”
Barnardt noted that Outsourced CFO’s roots are firmly in South Africa, where the firm continues to serve a growing base of local clients who benefit from international-calibre financial expertise. “South African businesses deserve access to world-class advisory and support, and we are proud to help founders and finance teams scale responsibly, strengthen their financial systems, and create meaningful opportunities here at home,” he said.
He added that South Africa’s accounting and financial shared services sectors have become recognised pockets of excellence, providing professional support to international clients and contributing to sustainable job creation. “We are encouraged by the growth of South Africa’s business services sector and the industry’s ability to operate to global standards,” he said. “This is not only about business growth but about real impact for families, lives, and communities.”
The Western Cape’s BPO and Global Business Services industry has become one of the province’s most dynamic sectors, creating over 70,000 jobs since its formalisation 13 years ago. This continued expansion highlights how South Africa’s talent, English proficiency, and service quality have positioned the country as a global leader in outsourcing excellence.
CapeBPO’s annual awards remain the highlight of the sector’s calendar, honouring organisations that embody innovation, resilience, and impact. This year’s celebration brought together top executives, entrepreneurs, and government partners to recognise the sector’s contribution to inclusive economic growth.
For OCFO, the award affirms a decade of building scalable financial operations for clients ranging from start-ups to global enterprises. The firm continues to pioneer cloud-based accounting systems, automation tools, and CFO advisory services that redefine how businesses manage their finances.
“Our mission is to help business owners build companies that thrive,” Barnardt concluded. “This recognition energises us to keep pushing boundaries, to keep serving global clients with excellence, and to keep contributing to job creation and economic growth in South Africa.”
To find out more about Outsourced CFO, or to contact the team, visit www.ocfo.com.
About the company: Outsourced CFO is a global financial advisory firm supporting more than 1,300 organisations across over 25 industries. From its roots in South Africa, the company has expanded internationally and now boasts a presence in Cape Town, London, and New York. Outsourced CFO provides a complete suite of services including outsourced CFO support, accounting, compliance, strategic financial guidance, and talent placement. By combining deep financial expertise with modern technology, the firm helps entrepreneurs and high-growth companies gain clarity, raise capital, and build sustainable businesses.
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