  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:
- Focus more tightly on core capabilities.
- Better balance austerity with an emphasis on future growth, prosperity and, ultimately, high performance.
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. To receive more Research & Insights, sign up for My Outlook—your single e-mail source for all of Accenture's latest ideas and innovation, personalized specifically to your business interests and the industry issues you face. |