Download Building an Agile Finance Function: Alternative Approaches by Financial Executives Research Foundation PDF

By Financial Executives Research Foundation

The aim of this learn is to aid monetary executives comprehend the administration matters and economics of other methods to sourcing, together with either bills and advantages. it really is according to interviews with executives at 18 businesses, eleven of that are within the Fortune 500. 4 universal ways to sourcing are investigated, together with shared prone, co-sourcing, offshoring and outsourcing. This study examine was once subsidized via The Siegfried crew, LLP

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Extra resources for Building an Agile Finance Function: Alternative Approaches to Sourcing Financial Operations

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About CFIT FEI’s Committee on Finance and Information Technology (CFIT) is a national FEI technical committee that addresses the needs and interests of financial executives as strategic leaders, as they strive to realize measurable and sustainable performance improvements, while maintaining financial control. The committee’s priorities will be driven by the key trends in information technologies it identifies, and its top priorities for the coming year will be: • Corporate performance management (CPM), • Emerging technologies (including XBRL), • Governance (incIuding IT and system controls), and • Sourcing (including BPO).

Financial Executives Research Foundation shall be held harmless against any claims, demands, suits, damages, injuries, costs, or expenses of any kind or nature whatsoever, except such liabilities as may result solely from misconduct or improper performance by the foundation or any of its representatives. org Financial Executives Research Foundation, Inc. 200 Campus Drive Florham Park, New Jersey 07932 Copyright © 2007 by Financial Executives Research Foundation, Inc. All rights reserved. No part of this publication may be reproduced in any form or by any means without written permission from the publisher.

For example, although the company has outsourced payroll, timesheets, and many of its benefits, the more personal side of human resources, which requires communicating with employees and unions, cannot be outsourced. Company L has moved its documentation function to China, to be handled by the Asia CFO’s organization. Cost savings and process improvement were the main drivers in this decision. Other areas, such as its call center and special projects, are outsourced to consultants, because it does not have the internal expertise necessary.

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