Outsourcing the Finance Function – Smart Bet or Risky Business?
For years, small- to medium-sized companies have outsourced specific niche functions of their businesses, such as tax preparation, legal assistance, financial portfolio management and actuarial services. Today, more and more companies are outsourcing core functions, such as accounting/finance transactional services such as Accounts payable, IT, payroll and HR, so they can shift time, money and other resources to strategic business activities, instead of focusing on administrative functions.
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