How outsourcing of accounting function delivers value to business?

Accounting and book keeping is a crucial element for any company irrespective of its size. Business operation revolves around the timely availability of money, its proper allocation and management. Accounting enables the companies to assess the monetary requirements for the business to run smoothly and ensure if the investments made were effective or not. A […]

Trends look promising for Finance and Accounting Outsourcing market

The industry outlook and growth prospects look positive for finance and accounting outsourcing industry for the year 2012. After an unexpected slowdown in the previous year, the industry segment is all set for a growth rate of 10 to 15 percent for the year 2012. As per Finance & Accounting Outsourcing Annual Report 2012, it […]

A lesson learnt in outsourcing charity financial services

February 8, 2012: Recently Charity Business announced the closing down of its operations, which focused on accounting outsourcing. The firm offered services such as payroll, bookkeeping and accounting and they provided services to more than 150 charities.  These charities are now faced with the problem of recovering all their data and managing these services by […]

Key factors in account receivable outsourcing

November, 23, 2011: Gone are those days when outsourcing was considered as a nightmare by companies. In fact now companies are looking forward to outsource their key business function in an attempt to reduce cost. Increased efficiency is other driving force behind outsourcing. Among the key business functions outsourced, accounts payable has also gained attention. […]