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Links to articles and other sources on finance and accounting operations.

Economist Intelligence Unit and Accenture Finance & Accounting Outsourcing Study

The outsourcing of finance and accounting functions is primed for growth, with more than 70 percent of senior executives predicting that demand will become even more prevalent over the next three years, according to a study released today by Accenture and the Economist Intelligence Unit (EIU).

Approximately 30 percent of the companies that participated in the study reported that they outsource finance and accounting functions, with two-thirds of those (65 percent) characterizing the arrangement as successful (57 percent) or very successful (8 percent). And, while cost savings and increased productivity are key motivators for outsourcing, the study determined that finance and accounting outsourcing is increasingly being used as a catalyst for business transformation. 

The full survey report, titled “Outside upside: Finding focus through finance outsourcing”, and a list of what Accenture refers to as the "golden rules" of finance and accounting outsourcing, which include tips on how to address typical outsourcing issues are available the Accenture web site.

The Accounts Payable Network

The Accounts Payable Network (TAPN) is the indispensable online resource for managing accounts payable operations. Over 1,600 members use TAPN's must-have accounts payable best-practices libraries, case studies, research, analysis, technology evaluations, practical tips, networking forums, and hundreds of customizable, downloadable, timesaving tools for strategic planning and solving day-to-day AP problems.

   
 

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