IN-HOUSE VS. OUTSOURCE

Many businesses have long relied on a third-party vendor to outsource some of their finance and
accounting duties. But this is no longer merely a cost-savings move. F&A vendors are now able to add
value to their partner organizations through automation and close communication, giving CFOs the
tools and data they need to grow, innovate and add strategic value to the executive team.

WHEN IN-HOUSE F&A FALLS SHORT

 

Full-time staff are often talented, knowledgeable and engaged, but providing them with
the best tools and resources to excel requires significant investment.


Nearly Half

of SMBs

say their accounting staff tend to be reactive rather than proactive,

30 to 34%

say guidance

from accountants
is lacking

 

Almost 80%

of business leaders

say it’s increasingly important or even critical to integrate front office strategy with back office operations,

but are struggling to do this quickly and effectively.

Just 40% of

SMB leaders

consider themselves “extremely”
or “very knowledgeable” on
finance or accounting.


47%

say their current

function does not have the right mix of capabilities to meet its future priorities


WHERE OUTSOURCING COMES IN

Combining automation under a SaaS model, F&A providers enable creative change
and rapid growth in a flexible package.

One-third of
executives

now rely on outsourced F&A teams for intellectual capital, global scalability and cost-savings.

In addition, 31% of executives now see outsourced partners as primary sources of growth.

Full integration with third-party finance teams is possible in

less than 30 days

and remains fully adaptable to fluctuations in project scope.

 

69%

see the finance leader role fundamentally changing

 

as traditional finance tasks are automated or manged in
shared services centers.




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