Outlook 2012 Helping Really Handle the Finance Function Better



 

Saurabh Gupta, vice president Everest Group, stated technology strategies that are being deployed across all FAO:

• Tie-and-run: Limited role of technology where service provider plugs into the buyer’s existing systems to deliver pure-play BPO services

• Technology augmentation: Service provider implements tools that serve as “add-ons” around the periphery of the existing buyer systems to address specific gaps

• Core F&A technology replacement/ implementation: IT infrastructure and/or core F&A application implementation bundled with FAO services. Technology ownership resides with buyer

• Platform-based FAO: Pre-integrated applications and pre-built processes, owned by service provider, with pricing built into the FAO contract

4. The demand for analytics and other specialized F&A services such as regulatory compliance, internal audit will continue to increase.

5. Pricing models namely outcome-based and transaction-based pricing will find increased mention in FAO contracts. Chambliss spoke about how many companies are moving from just a transactional basis of BPO toward outsourcing higher value added functions in their decision making and F&PM areas. He opined, “Access to better information to communicate to their line of business owners seem to be driving more value add for the F&A organizations and making the opportunities to grow analytics and improvements in the bottom line for companies. Value propositions are centered around improvements to cash performance.”

 

 


 
Comments
Today there are even more types of unstructured data that need to be collected, analyzed and stored.
 

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