Legal & Accounting Process Outsourcing
Index• Background• Rationale for Legal and Accounting BPO• Finance/Accounting/Legal: Areas typically  Outsourced• Process ...
BackgroundDomestic           Offshore             BPOIn-House           Outsource
Background     China: Asian language   India: Best mix of     and large labor pool    Labors                              ...
Rationale for Legal & Accounting BPO’s                     TECHNOLOG           PROCESS       Y
Finance & Accounting                              Internal AuditTypical Areas Outsourced                                  ...
LEGALTypical Areas Outsourced                             Setting up / incorporation              Performing legal due dil...
Process of Delivery by BPOs  Email based   Secure Server based   Remote Access based
Issues with Accounting and Legal OutsourcingSecurity / confidentiality of information                     Contractual issu...
LPO_Abhishek
Upcoming SlideShare
Loading in …5
×

LPO_Abhishek

407 views
351 views

Published on

This is a presentation on Legal Process Outsourcing. This presentation will give you insights and introduce to the LPO.

Published in: Business, Economy & Finance
1 Comment
0 Likes
Statistics
Notes
  • Be the first to like this

No Downloads
Views
Total views
407
On SlideShare
0
From Embeds
0
Number of Embeds
3
Actions
Shares
0
Downloads
0
Comments
1
Likes
0
Embeds 0
No embeds

No notes for slide

LPO_Abhishek

  1. 1. Legal & Accounting Process Outsourcing
  2. 2. Index• Background• Rationale for Legal and Accounting BPO• Finance/Accounting/Legal: Areas typically Outsourced• Process of delivery by BPO’s• Issues with Accounting and Legal Outsourcing
  3. 3. BackgroundDomestic Offshore BPOIn-House Outsource
  4. 4. Background China: Asian language India: Best mix of and large labor pool Labors Philippines: Strong Telecom base Mexico: Technical Jamaica : Low Labor Base cost Call Center
  5. 5. Rationale for Legal & Accounting BPO’s TECHNOLOG PROCESS Y
  6. 6. Finance & Accounting Internal AuditTypical Areas Outsourced Financial Statement Preparation Financial Projection for Business Plan General ledger maintenance Monthly & year-end closing assistance Payroll & sales tax return preparation Account reconciliations Controller & bookkeeper staffing Payroll & accounts payable processing Accounting systems design Accounting staff training Depreciation schedules Accounting software assistance
  7. 7. LEGALTypical Areas Outsourced Setting up / incorporation Performing legal due diligence Drafting compliance and supervisory procedures Filings and legal research Drafting of patents Assisting in regulatory examinations Monitoring compliance with firm policies and regulatory requirements Drafting and negotiating contracts Serving as outside general counsel Advising boards and senior management on legal risks Paralegal, Secretarial, proof reading, litigation support services
  8. 8. Process of Delivery by BPOs Email based Secure Server based Remote Access based
  9. 9. Issues with Accounting and Legal OutsourcingSecurity / confidentiality of information Contractual issues Issues with incorporating in India Additional costs Flexibility Control Quality of work

×