The Role of Business Process Outsourcing in Transforming Finance and Accounting
- Topics:
- Strategic Management Tools
- Tags:
- Accounting,
- Policies And Procedures,
- Operational Accounting,
- It Operations,
- Human Resources,
- Financial Services,
- Finance,
- EquaTerra,
- Business Process Outsourcing (BPO),
- Business Process,
- ...
- Source:
- EquaTerra
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Overview: Organizations face many challenges in attempting to improve the performance of their finance and accounting operations. The pursuit of the elusive and often nebulous "Transformation" goal is very difficult while simultaneously reducing costs and ensuring adequate regulatory compliance levels. Organizations have many tools as their disposal to pursue these efforts. The emphasis is shifting away, however, from more major Information Technology/IT investments. Many organizations already have adequate IT applications and systems in place and are now focusing on using them better. The thrust increasingly towards a greater emphasis on improved process performance and organizational competencies above and beyond process automation and pure cost reduction.
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Format: PDF | Size: 108KB | Date: Mar 2005 | Pages: 13
