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(From Financial Director)
Few of the largest US companies see any benefit in outsourcing their finance operations, claims a survey by business advisors Hackett Group.
The research is based on the analysis of 15 companies with mature shared service centres that incorporate their finance and accounting operations.
Three-quarters (74%) of respondents do not outsource any complete finance processes, while 60% said their outsourcing levels have not changed in the past three years. Only 36% outsource payroll, and none outsource accounts receivable or general accounting.
"Companies may be comfortable outsourcing subprocesses such as rekeying of vendor invoices or other data, check printing or managing ...