Ebook

Optimizing finance operations through outsourcing: what works best?

Optimizing finance operations through outsourcing: what works best?

Pages 15 Pages

CFOs face mounting challenges from global expansion, cost pressures, regulations, and rapid technological change. A survey of 200 CFOs showed outsourcing finance, accounting, and procurement can drive efficiency, reduce costs, and deliver ROI averaging 15 percent. Key benefits include access to expert talent, advanced technology, automation, scalability, and risk mitigation. Companies reported gains in cash application, dispute resolution, and collections, along with higher data visibility. Barriers include legacy systems, pricing models, and resistance to change. Looking ahead, CFOs plan to focus outsourcing on predictive analytics, AI, automation, and dashboards to advance performance.

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