Outsourcing Finance and Accounting: Are you ready to let go?

Outsourcing Finance and Accounting

If a business leader has opt to outsource its resources for finance and accounting, what could possibly be the points to consider if the company is ready to work with a third-party organization? Here are the following tips to successfully determine a customized service deal.

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The Tango of Business Partnerships: Outsourcing

The Tango of Business Partnerships Outsourcing

As an executive, keeping an eye on the underlying factors that drive changes in the industry can help you decide on what suitable steps can be taken to provide a clear customer-led and cost-efficient strategy for your business. Here are some factors that may influence your business.

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The Benefits of OCR Technology in Finance and Accounting

The Benefits of OCR Technology in Finance and Accounting

More and more accountants are performing higher skills, rather than the manual ones most did during the analog age. OCR will help accountants and analysts focus on the more technical aspects of their jobs while also introducing more accuracy and precision into mechanical tasks. Here are some benefits in using optical character recognition in any finance endeavor.

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FIGHTING FRAUD: Best Online Banking Practices for Enterprises

Close-up of beautiful woman hands using laptop and holding credit card, paying with credit card for online shopping on notebook. Side view. On-line payments concept image

It’s just not practical for businesses to completely let go of online banking which remains to be a highly valuable tool in this fast-paced business landscape. Use these best practices in order to secure your online banking activities.

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Leveraging the Benefits of Outsourcing Accounts Payable For Businesses

accounts payable

The AP function is the most frequently outsourced process in finance and accounting departments of organizations. While it is an essential part of operations, it is a non-core business activity that requires extensive and expensive work. This is why outsourcing this part of an organization’s operations will be not only be a tactical move but a strategic one.

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Bridging the Looming Talent Gap in the Insurance Sector Through Outsourcing

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Studies have shown that the insurance industry will experience a huge talent gap in less than a decade when a large portion of their workforce, comprised of baby boomers, retire. The industry sector must employ several strategies to help bridge the talent gap and outsourcing can help.

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