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Free of charge: Outsourcing the Finance and Accounting Function

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This paper from the American Institute of Charted Accountants takes a detailed look at the benefits outsourcing the finance and account function has made to organisations like BP, Kimberly Clarke as well as the challenges faced. The article provides some research feedback from 120 finance executives and provides comparison to similar outsource models in IT and Human Resource. (PDF file, 5 pages, 172 KB)

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Unformated preview of the document: 'Outsourcing the Finance and Accounting Function' (Part 3):

and (more frequently) the cons of off-shoring.
"Off-shoring" can be performed by an external outsourcing vendor or within a company that
establishes "captive" shared-services operations in other countries. The geographic location of
an FAO provider does matter, and its potential implications should be addressed during the
selection of a provider; however, the location of the outsourcing services matters less than how
well the FAO buyer manages and monitors the relationship. This guideline focuses squarely on
the latter challenge.



Unformated preview of the document: 'Outsourcing the Finance and Accounting Function':  Part 1, Part 2, Part 3

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