Finance and Accounting Outsourcing

The most established area of BPO, finance and accounting outsourcing (FAO) is in the midst of significant evolution as end users increasingly look to outsource higher-level transactional processes such as financial planning and analytics as well as lower-level routing processes such as accounts payable/receiving.

International Payroll: Improve Financial Control, Reporting and Compliance

By Katy Demong While companies have been operating internationally for a long time, new market factors have increased the need to improve financial control, especially when dealing with multi-national payrolls. These factors include the increase in the outsourcing of accounting ...

Transforming Public Sector Transactions with BPO

By Dan Berthiaume As public sector entities seek to reduce costs and fraud associated with delivering transactional services, they are increasingly turning to BPO and shared services to help them minimize transactional risks while maximizing returns. A recent white paper ...

Streamlining EU Financial Compliance with BPO

By Dan Berthiaume BPO Outcomes recently asked Cormac Doyle, Head of Tax at MKO Partners, an Irish firm of financial advisers whose specialties include the provision of tax, audit, advisory and outsourcing services, about the potential difficulties non-European Union (EU)-based ...

BPO Maintains Health in Face of Dwindling Megadeals

By Dan Berthiaume Despite significant quarter-over-quarter and year-over-year declines in total contract value (TCV) of BPO contracts worth more than $25 million in Q1 2012, the global BPO market remains healthy. John Keppel, Partner and President, Research and Managed Services, ...

Shared Services Users Focus on Transactions

By Dan Berthiaume Across horizontal functions, shared services users are more likely to include higher level transaction-intensive processes than lower level judgment-intensive processes in their shared services activities. For example, data from a new survey conducted by Everest Group and ...

Automation Alters FAO Marketplace

By Dan Berthiaume The increasing ability for BPO providers and end users to automate both low- and high-level financial functions is altering the finance and accounting outsourcing (FAO) marketplace in ways that are still unfolding. According to Ron Walker, partner ...

FAO Eases M&A Headaches

By Dan Berthiaume For Trinity Industries, a multi-industry conglomerate involved in everything from leasing railcars to oil fracking, finance and accounting outsourcing (FAO) serves a special role beyond the normal benefits of streamlined back end processes and lower costs of ...

Starting Up Shared Services – The Good, The Bad & The Ugly

By Katy Demong The benefits to a successful shared services implementation are well known: improved efficiency, streamlined processes, cost savings, and reduced redundancy, just to name a few. But the potential risks and the likelihood of upheaval can keep companies ...

BPO Delivery Models – Is ‘White Box’ or ‘Black Box’ Right for You?

By Dan Berthiaume There is a wide spectrum of outsourced services delivery options in the world of BPO, but broadly speaking, they can be divided into two basic categories. “White box” BPO services offer complete visibility (hence the name) and ...

Creating a Sustainable FAO Relationship

By Dan Berthiaume Once CFOs and controllers have elevated internal business processes to “best in class” status, the next logical step is to evaluate finance and accounting outsourcing (FAO). As detailed in a recent white paper from Alsbridge, “F&A Outsourcing, ...