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Other Articles
The Changing Landscape of Finance and AccountingFAO customers are going beyond outsourcing only transactional processes to include key processes; service providers are maturing; and new locations with the capability to service FAO are emerging. What do these changes mean for the customers and service providers of FAO?Scale or FailA recent study by Deloitte called Global Financial Services Offshoring: Scaling the Heights, contends that while top global financial institutions that have offshored, report cost savings of up to 60%, the worst performers saved less than 20%.Offshore Finance: How To Deal With It"While each of these deals is different, one element that is constant is the fact that companies must quantify all of their financial risks and then take steps to mitigate them, so as to preserve overall benefits," emphasizes Ted Botzum
Offshore Outsourcing is Fundamental to FAO Deal: EverestThe report says that in order to meet the growing demand, FAO suppliers have been steadily expanding their offshore capabilitiesWhat Makes F&A Offshoring tick?Finance & Accounting outsourcing is hot now but if security and privacy issues aren't resolved, what is its long-term outlook? Despite apparent risks, contributing editor Michael Fitzgerald reports that the cost of Sarbox compliance will drive greater numbers of companies to look offshore for F&A relief
