Outsourcing

Community News

CFOs More Likely to Outsource Accounting and Finance Projects

Areas of general accounting and finance – including forecasts and budgets, financial reporting, and mergers and acquisitions – were cited by more than half of CFOs as projects they would likely outsource to financial consultants and interim managers in the next twelve months, according to a recent survey.
Technology

F&A BPO Services Likely to Increase for Companies in 2013

The "State of the Outsourcing Industry 2013" survey, which was released on July 8, found that client expectations of outsourcing are evolving to be more value-focused, with IT and F&A BPO dominating future outsourcing plans.
Practice

Financial Outsourcing Services Seen Growing 8 Percent Annually Through 2017

Global spending on finance and accounting business process outsourcing (F&A BPO) services will exceed $25 billion in 2013 and rise at an annual compound growth rate of 8 percent through 2017, according to research by accounting firm KPMG and HfS Research.
Practice

Will Outsourcing Overseas Cut You Some Slack?

Do you think you're the only one in your office who can complete tax returns "the right way?" If so, outsourcing some of your tax work to India or some other foreign location isn't for you.
Practice

Should You Send Some Tax Work to India?

Are you having trouble hiring enough staff to do all your tax returns? Consider outsourcing some of the overflow to India.
A&A

CPAs rethink traditional business model as demand for non-attest service offerings grow

Much has been written about the downside of outsourcing Finance & Accounting (F&A). However, there is upside that is profitable and rapidly growing.
A&A

Finance and accounting outsourcing expected to increase in 2010

A new report from global consulting and research firm Everest indicates that the Finance and Accounting Outsourcing (FAO) market in 2010 is expected to resume a growth trajectory more similar to pre-recessionary levels.
A&A

The downside of outsourcing

There are many arguments for and against outsourcing. But if you ask Anna Douglas, director of finance and treasurer for the Center for Applied Linguistics, chances are she will try to steer you away from the idea.
A&A

Non-Big Four firms increase focus on revenue-growth strategies

Although accounting is often thought of as a recession-proof industry, Big4.com’s 2009 Big Four Firms Performance Analysis released in January paints a somewhat different picture in revenues, personnel, and service delivery.
A&A

Tools for virtual accountants: portals, applications, and file space

Business professionals realize that the issues of time and distance no longer impact their ability to get work done. In order to make the most of your virtualized working model, consider the value of the following three elements you should have in your online toolkit.

QuickBooks benefits can be found up in a cloud

The term Cloud Computing most frequently is used as another way to refer to outsourced information technology management, in which the servers, applications, and data are located and managed at a location other than your own – usually by a commercial service provider.
A&A

Senior executives scrutinize risk processes, say economic recovery elusive

As companies search for a path to growth and corporate board members express doubt that the U.S. economy can return to pre-crisis growth in the near-term, boards are putting their more immediate focus on risk management.
Technology

Public companies are getting the jump on XBRL adoption

XBRL US, the XML standard setter for business information reporting in the U.S., has announced that public companies are heeding the advice to "start early" in preparing for XBRL adoption.

KPMG: Ten to-do's for audit committees in 2010

To help audit committees focus their agendas on key challenges in the year ahead, KPMG's Audit Committee Institute again offers its annual "memo" to directors, highlighting issues that should be top of mind.

New benchmarking study will help accounting and financial departments plan for future

A new benchmarking study of financial function practices has been co-developed by Financial Executives International (FEI) and Robert Half Management Resources to assist executives in evaluating their readiness for further changes in an evolving business landscape.
Technology

The end of Microsoft Office Accounting

Microsoft is formally backing away from the small business accounting market after announcing that the Office Accounting program will no longer be distributed after November 16, 2009.

ADP is all about business solutions

When it began in 1949 as Automatic Payrolls, Inc., it was a small manual payroll processing service for businesses located in northern New Jersey.
A&A

U.S. companies experiencing new litigation wave, anticipate more to come

Companies are seeing a litigation wave that corporate counsel expect to swell in the coming year, according to respondents of the 2009 Fulbright & Jaworski L.L.P. Litigation Trends Survey.
Community News

INSIDE Public Accounting releases 2009 Benchmarking Report

INSIDE Public Accounting has releases its 2009 IPA National Benchmarking Report, the annual collection of economic and management statistics about the accounting profession.
Technology

Intuit acquires PayCycle, expands services for small businesses

Intuit Inc. has signed a definitive agreement to purchase PayCycle Inc., one of the nation's fastest-growing online payroll services, serving more than 85,000 small businesses. The cash transaction is valued at approximately $170 million, subject to adjustment. Privately held PayCycle, based in Palo Alto, CA, is a leader in online payroll for small businesses, accountants, and financial institutions.

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