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Studies show the greatest changes in companies’ relative position within their industries occur in times of economic turbulence.
As a result, simply weathering the storm is not enough. Companies need to make astute choices that will better position them to emerge stronger.
Outsourcing, particularly outsourcing finance and accounting functions, can reduce costs, improve cash flow, introduce better controls and ensure higher levels of performance, predictability and flexibility.
There are other benefits. Outsourcing these functions also assists companies to:
Accenture’s extensive research into High Performance Business reveals that measurably superior finance organizations are present at 70 percent of high-performance businesses. A related behavior that frequently is shared by companies committed to high performance is outsourcing finance and accounting operations.
July 10, 2009
Outlook from Accenture
Outlook is a journal of high-performance business.
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