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  The global body for professional accountants
9 insights on
shared services and
   outsourcing.

        The global body for professional accountants
An honest conversation.


          The global body for professional accountants
1. There is no turning back
  from shared services and
         outsourcing.
 “It is an idea whose time has
              come”
Peter Moller, Partner, Deloitte
            Consulting


                                  The global body for professional accountants
“Shared services and outsourcing
                               is supporting a wide range of
                             business objectives from the quick
                                wins to the game changers”
                                  Claudio Altini, Director,
                                Sourcing Advisory, KPMG




2. Different approaches to
finance transformation are
          evident.



            The global body for professional accountants
3. Transformation ambition and
 sourcing strategy are linked.

  “We see an entirely new hybrid
    organisation emerging with
    innovation and end to end
           integration”
 Austen McDonach, F&A Leader,
  Europe, IBM Global Process
            Services
                                   The global body for professional accountants
“Going in clients think they are
                              saving cost but losing control. They
                               get the cost advantage, but then
                              start to realise that quality is rising”
                               Chris Stancombe, Global Head
                                 of Finance and Accounting
                                  Outsourcing, CapGemini




4. Cost remains the starting
           point.



             The global body for professional accountants
5. Leaders differentiate
  between provider capability.

“The main reason we selected our
  provider was the flexibility and
ability to create business solutions
       to suit our organisation”
     Joanna Reynolds, Global
Shared Service Lead, Marsh and
               Mclennan
                                       The global body for professional accountants
“The hardest part is the change
                              management. People don‟t know
                                what they don‟t know. And its
                              never easy to take people on this
                                          journey”
                                Graham Russell, Director of
                                     BPO, WPP Group




  6. Transformation success
rests on change management.



            The global body for professional accountants
7. Retained function is critical,
    but it has been missed.

“Its difficult to conceive you can get
a F&A operation to the right level of
     efficiency and effectiveness
    without consideration for the
           retained function”
        Anoop Sagoo, Senior
    Executive, BPO, Accenture

                                         The global body for professional accountants
“For Pearson, „cultural fit‟ and
                              „tough love‟ were buying values in
                                     our partner selection”
                                   John Ashworth, Head of
                                   Finance Transformation,
                                           Pearson




      8. Buyer – provider
relationships are misaligned.



             The global body for professional accountants
9. Service and service delivery.


“Green SLA‟s across the board do
  not necessarily mean you are a
         happy customer”
 Pascal Henssen, Senior VP and
      CEO Europe, Genpact
                                   The global body for professional accountants
Quick recap!


1.   There is no turning back from SSO
2.   Different approaches to transformation
3.   Transformation ambition drives sourcing strategy
4.   Cost remains the starting point.
5.   Leaders see differences in providers
6.   Transformation success rests on change management
7.   Retained function is critical…but its missed
8.   Buyer – provider relationships misaligned
9.   Service and service delivery



                       The global body for professional accountants
To read the full report and to see
 more insights on ACCA‟s finance
   transformation programme:

www.accaglobal.com/transformation.


                The global body for professional accountants
CONTACT
Jamie Lyon
Jamie.lyon@accaglobal.com
020 7059 5513
www.accaglobal.com

             The global body for professional accountants
The global body for professional accountants

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The 9 big issues of shared services and outsourcing: research insights from ACCA

  • 1.
  • 2. Hello. The global body for professional accountants
  • 3. 9 insights on shared services and outsourcing. The global body for professional accountants
  • 4. An honest conversation. The global body for professional accountants
  • 5. 1. There is no turning back from shared services and outsourcing. “It is an idea whose time has come” Peter Moller, Partner, Deloitte Consulting The global body for professional accountants
  • 6. “Shared services and outsourcing is supporting a wide range of business objectives from the quick wins to the game changers” Claudio Altini, Director, Sourcing Advisory, KPMG 2. Different approaches to finance transformation are evident. The global body for professional accountants
  • 7. 3. Transformation ambition and sourcing strategy are linked. “We see an entirely new hybrid organisation emerging with innovation and end to end integration” Austen McDonach, F&A Leader, Europe, IBM Global Process Services The global body for professional accountants
  • 8. “Going in clients think they are saving cost but losing control. They get the cost advantage, but then start to realise that quality is rising” Chris Stancombe, Global Head of Finance and Accounting Outsourcing, CapGemini 4. Cost remains the starting point. The global body for professional accountants
  • 9. 5. Leaders differentiate between provider capability. “The main reason we selected our provider was the flexibility and ability to create business solutions to suit our organisation” Joanna Reynolds, Global Shared Service Lead, Marsh and Mclennan The global body for professional accountants
  • 10. “The hardest part is the change management. People don‟t know what they don‟t know. And its never easy to take people on this journey” Graham Russell, Director of BPO, WPP Group 6. Transformation success rests on change management. The global body for professional accountants
  • 11. 7. Retained function is critical, but it has been missed. “Its difficult to conceive you can get a F&A operation to the right level of efficiency and effectiveness without consideration for the retained function” Anoop Sagoo, Senior Executive, BPO, Accenture The global body for professional accountants
  • 12. “For Pearson, „cultural fit‟ and „tough love‟ were buying values in our partner selection” John Ashworth, Head of Finance Transformation, Pearson 8. Buyer – provider relationships are misaligned. The global body for professional accountants
  • 13. 9. Service and service delivery. “Green SLA‟s across the board do not necessarily mean you are a happy customer” Pascal Henssen, Senior VP and CEO Europe, Genpact The global body for professional accountants
  • 14. Quick recap! 1. There is no turning back from SSO 2. Different approaches to transformation 3. Transformation ambition drives sourcing strategy 4. Cost remains the starting point. 5. Leaders see differences in providers 6. Transformation success rests on change management 7. Retained function is critical…but its missed 8. Buyer – provider relationships misaligned 9. Service and service delivery The global body for professional accountants
  • 15. To read the full report and to see more insights on ACCA‟s finance transformation programme: www.accaglobal.com/transformation. The global body for professional accountants
  • 16. CONTACT Jamie Lyon Jamie.lyon@accaglobal.com 020 7059 5513 www.accaglobal.com The global body for professional accountants
  • 17. The global body for professional accountants