key facts - finance & accounting outsourcing
TRANSCRIPT
References : (1) http://www.forbes.com/ (2) http://www.accountingtoday.com/ (3) http://www.statista.com/ (4) http://www.business2community.com/ (5) http://www.prweb.com/
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Finance and Accounting outsourcing is big business andenterprises regardless of their size and market share
outsourcing key processes to competent firms.
Small businesses especially have a very good reason to outsource finance and
accounting departments.
of the cost of finance is directly tracked to labour
60%
How organizations can stay on top by outsourcing Finance and Accounting?
Finance Accountants work on an average 2,172 hours annually
Reasons why F & A outsourcing is crucial
Top F & A roles that are much sought-after
Need for better understanding internal customer needs
More emphasis on value addition than pure transactional needs
Getting the right resources for the right job
64% of CFOs are
looking to fill open
positions, while 58%
have faced difficulty
in filling these
positions, thus far.
Financial Reporting Internal Audits Tax Accounting
Outsourcing can naturally
help to streamline the
process, bring about efficient
practices, reduce costs and
chase bigger returns.
Key FactsFinance & Accounting
Outsourcing