Outsourcing key processes to competent firms can help businesses of all sizes in gaining several benefits. Specifically, Finance and Accounting outsourcing can help them to streamline their processes and also reduce cost. Here is an infographic that presents some interesting facts on F & A outsourcing and its advantages.

1. References : (1) http://www.forbes.com/ (2) http://www.accountingtoday.com/ (3) http://www.statista.com/ (4) http://www.business2community.com/ (5) http://www.prweb.com/
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Finance and Accounting outsourcing is big business and
enterprises regardless of their size and market share
outsourcing key processes to competent firms.
Small businesses especially have a very
good reason to outsource finance and
accounting departments.
of the cost of
finance is directly
tracked to labour
60%
How organizations can stay on top by outsourcing Finance and Accounting?
Finance Accountants
work on an average
2,172 hours annually
Reasons why F & A outsourcing is crucial
Top F & A roles that are much sought-after
Need for better understanding
internal customer needs
More emphasis on value addition
than pure transactional needs
Getting the right resources for
the right job
64% of CFOs are
looking to fill open
positions, while 58%
have faced difficulty
in filling these
positions, thus far.
Financial Reporting Internal Audits Tax Accounting
Outsourcing can naturally
help to streamline the
process, bring about efficient
practices, reduce costs and
chase bigger returns.
Key Facts
Finance & Accounting
Outsourcing