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- Title
Two Studies Differ On F&A Practices.
- Authors
Marshall, Jeffrey; Heffes, Ellen M.
- Abstract
The article presents an analysis of two surveys conducted regarding outsourcing of finance and accounting(F&A) of business enterprises. A survey conducted by the Hackett Group states that companies allocate only a small percentage toward outsourcing their finance processes while they prefer shared-services centers including both onshore and offshore. Companies found offshore shared-services to be more attractive than outsourcing. On the contrary, the Everest Group reported a growth in the outsourcing of finance and accounting activity, particularly during 2006.
- Subjects
FINANCIAL services industry; CONTRACTING out; SERVICE centers; HACKETT Group Inc.; EVEREST Global Inc.; BUSINESS finance; ACCOUNTING; SERVICE industries; FINANCE; INDUSTRIAL surveys; INTERNATIONAL cooperation
- Publication
Financial Executive, 2006, Vol 22, Issue 5, p12
- ISSN
0895-4186
- Publication type
Article