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Special Report on

Transforming And Offshoring Finance Processes

transforming and offshoring finance processes special research report Photo by www.opiglobal.com
The current economic crisis has caused boards and CEOs to ask their CFOs to bring down overall costs and lead by example. One opportunity for CFOs to save is to alter the Financial Planning and Analysis (FP&A) operating model. In many companies, FP&A is increasingly decentralized and finance serves as a “concierge” to the business units. In the current economic climate, finance as a concierge is no longer practical, and its operating model has to change with the times to improve efficiencies by standardizing and selectively centralizing key capabilities. Choosing an FP&A Diet One of the most overlooked and yet one of ...
Center for International Business Education and Research (CIBER). It involves partner universities in Europe, Asia and Australia. The ORN has over 3,000 corporate participants across all industries from all over the world. Based on annual surveys , the ORN research team maintains a comprehensive database of firms and governmental organizations and their implemented and planned offshore sourcing projects over time. In addition, the ORN research team collects data on service providers offering offshore services. Offshoring, according to the ORN, refers to the process of sourcing business functions or processes supporting ...
REVIEWS AND OPINIONS
BT HR Outsourcing
Infosys: transforming Philips' shared service centers. Summary. This F&A BPO case study illustrates a number of aspects. It shows that: ❑ Infosys, then an emerging Indian FAO player, has been successful in competing with ... By early 2006, all three centers were fully operational. Philips separated blocks of finance processes and decided for each of those if they should be transferred to the SSCs or not, based on their suitability for offshoring. Only back-office ... market research, surveys and trends
Whither Obama's "Economic Agenda"? Will it Speed Recovery? | The ...
As we move into the dog days of summer and a coming Congressional recess, the Obama Administration has shifted its focus back on to the economy and wants to convince one and all that an economic recovery is just around the corner. In recent speeches, the President warns that the Republicans, if they take over, will support policies that will usher in a new recession, as if the current recession is over. "They are the same policies, " he said, "that led us into this recession. They will take us backward at a time when we need to keep America moving forward." He wants to push "distractions" like the ... market research, surveys and trends

SURVEY RESULTS FOR
TRANSFORMING AND OFFSHORING FINANCE PROCESSES

Financial Services Offshoring:Moving Towards Fewer Captives and ...
Mar 31, 2010 ... Offshoring Processes are performed outside of the home country of the company. Offshore services can be .... Wuxi expects to eventually attract $30 billion to $40 billion ... initiatives, 45 percent expect new accounting and finance ... closely tracking how digitization is transforming contact cen- ... industry trends, business articles and survey research
The tough game you have to play: offshoring is driving a ...
The global economy is in the midst of a structural change that will affect every business for decades: globalization has come to the services sector. For most of history, the great majority of services were sourced and sold locally. This has now changed. [ILLUSTRATION OMITTED] Offshoring, or the "services shift," is transforming cost structures, value chains and the skills needed to manage global firms. Here are four things to know to prepare for the new global economy: * One word, "outsourcing," is used to describe two distinct phenomena--which causes immense confusion. [ILLUSTRATION OMITTED] * This services ... industry trends, business articles and survey research
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INFORMATION RESOURCES

TRANSFORMING AND OFFSHORING FINANCE PROCESSES: TIMING IS EVERYTHING
TRANSFORMING AND OFFSHORING FINANCE PROCESSES: TIMING IS EVERYTHING. Hackett research shows 10-year NPV of finance process cost optimization initiatives ... technology research, surveys study and trend statistics
Progress Report: The Transformation to a Clean Energy Economy ...
I’m pleased to report that the administration is laying the foundation for a clean energy economy that will create a new generation of jobs, reduce dependence on oil and enhance national security. Through the Recovery Act and more effective use of programs already in existence, the administration is taking the critical steps to transform the United States into a global clean energy leader. The energy components of the Recovery Act represent the largest single investment in clean energy in American history and are leveraging private investment and fostering American innovation and ingenuity.  The Recovery Act ... technology research, surveys study and trend statistics
Offshoring Research Network
Betsey Rebello is an Offshoring expert with more than 15 years of management consulting and corporate experience working with a diverse range of companies. She has a deep understanding of multiple verticals including financial services, transportation, and manufacturing. Over the years Betsey has developed expertise in business process outsourcing (BPO), six sigma methodology, strategy development, project management, process and organizational design, and relationship management. She is a certified six sigma Black Belt. Betsey has managed projects at many notable companies including Bank of America, Goldman Sachs, Blue Cross ...
REAL TIME
TRANSFORMING AND OFFSHORING FINANCE PROCESSES
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QUESTIONS AND ANSWERS
What does SOA (Service Oriented Architecture) mean to Business ...
I think there is one very good reason, accessible to business folks, that SOA is important. Simply put, SOA allows a business to respond and adapt more quickly to changes in the market and for a lot less money than traditional approaches to IT. Therefore, if the company wants to magnify the ROI for every investment in IT they make then SOA may be something to get everyone up to speed on. There's no great mystery either. SOA is similar to any other architecture. It is a way to draw a blueprint for how to efficiently and effectively build enterprise IT that is also adaptive and less sensitive to changes than other ...
Management Consulting: MS 2 MANAGEMENT OF HUMAN RESOURCES ...
Trade unions perform a number of functions in order to achieve the objectives. These functions can be broadly classified into three categories: (i) Militant functions, (ii) Fraternal functions Militant Functions One set of activities performed by trade unions leads to the betterment of the position of their members in relation to their employment. The aim of such activities is to ensure adequate wages, secure better conditions of work and employment, get better treatment from employers, etc. When the unions fail to accomplish these aims by the method of  collective bargaining and negotiations, they adopt an approach and put ...