2014 trends for finance and accounting by infosys bpo
DESCRIPTION
The changes emerging in the finance and accounting (F&A) function are giving a new shape to the market, offering new opportunities for both enterprises and providers. No longer is F&A outsourcing just about cost and risk reduction, it is becoming a means to transform operations.TRANSCRIPT
TRENDS 2014THE FINANCE AND ACCOUNTING BPO
COLLECTION
BEYOND COST SAVINGS
The changes emerging in the �nance and accounting (F&A) function are giving a new shape to the market, o�ering new opportunities for both enterprises and providers. No longer is F&A outsourcing just about cost and risk reduction, it is becoming a means to
transform operations.
TRENDS 2014THE FINANCE AND ACCOUNTING BPO
COLLECTION
1
AN EYE ON PROCESSTRANSFORMATION
F&A processes will be seen as a way to improve
�nancial performance and transform the function
2
THE FORECASTIS ‘CLOUDY’
An uptake in cloud o�erings will increase the propensity to automate and outsource
F&A processes
TRENDS 2014THE FINANCE AND ACCOUNTING BPO
COLLECTION
4
TRANSFORMATION‘IN ONE BOX’
Enterprises will prefer working with providers who can support both IT and BPO
transformation
3
LOOKING FOR HYBRID F&A SERVICES
Enterprises will look to consolidate the outsourcing
of both transactional and high-end processes
TRENDS 2014THE FINANCE AND ACCOUNTING BPO
COLLECTION
6
NEARSHORING ON THE RISE
The right talent at the right locations will be key to
language-dependent and high-end processes
5
THE ‘ENGINE ROOM’FOR TRANSFORMATION
With an end-to-end view of �nance functions, BPO
providers will play a key role in transformation programs
TRENDS 2014THE FINANCE AND ACCOUNTING BPO
COLLECTION
7
THE NUMBERS DON’T LIE
Enterprises not content with ‘meeting SLAs’ will turn
to F&A benchmarking for process metrics
8
PERFORMANCE HINGESON ANALYTICS
F&A process analytics will provide a holistic view
of the �nance function’s performance
TRENDS 2014THE FINANCE AND ACCOUNTING BPO
COLLECTION
FIND OUT MORE
#FAO
InfosysBPO.com/FAOTrends
TRENDS 2014THE FINANCE AND ACCOUNTING BPO
COLLECTION
WATCH READ VIEW KNOW MORE
Video Blog post Infographic Tweet chat