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Financial and Accounting (F&A) Outsourcing Opportunities
March 19, 2009 Written By Mani Malarvannan
Due to current economic slump, many small businesses from developed countries are considering finance and accounting outsource services like accounts payable, account receivable, and general bookkeeping services. As the small business see the value beyond cost savings in large corporations due to higher-value F&A outsourcing, they are considering outsourcing higher-value accounting projects like accounting and [...]
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Offshore Outsource Risk Mitigation Strategies
March 8, 2009 Written By Mani Malarvannan
The global recession has made many companies to start considering Offshore outsourcing to reduce cost and increase their competitive advantage. Though the current Obama administration has some policies against sending work to offshore location, the trend is unstoppable as US companies find more value from their outsource vendors. As more and more companies, use the [...]
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Small business guide to Offshoring Finance and Accounting Processes
February 8, 2009 Written By Mani Malarvannan
Unlike big corporations who offshore Financial & Accounting (F&A) business processes, for a small business it is an arduous task. Big corporations have both technical and management resources to manage one or more offshore service providers, and they typically identify which part of the Financial & Accounting functions to offshore, and they will use a [...]
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BPO Success – Best Practices for Organizational Changes
November 3, 2008 Written By Mani Malarvannan
There is a growing interest in outsourcing among businesses to outsource their business processes, started as a cost saving technique but now business process outsourcing is considered as a strategic initiative for companies to stay competitive in the global market. As the size and complexity of the outsourcing project grows, companies need to mange multiple [...]
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Growth of Knowledge Process Outsourcing (KPO)
October 18, 2008 Written By Mani Malarvannan
In the lost couple of years there has been significant interest in knowledge process outsourcing in the global offshore outsourcing market. Industry research organizations are predicating that due to current economic slowdown more US companies will explore KPO and outsource non-transactional related processes to increase their business efficiency and spur innovation.
Several articles were written [...]
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BPO Feasibility Framework
September 21, 2008 Written By Mani Malarvannan
1. Introduction
After the success of Business Process Outsourcing (BPO) in big corporations, BPO trend is slowly picking up in mid-sized and small businesses. Nelson Hall, BPO research firm predicts the global BPO market will reach by $450 Billion over the next four years. However, the BPO adoption in mid-sized and small businesses is very low [...]
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Managing Paper-Based Invoices and Bills in Small Businesses
September 13, 2008 Written By Mani Malarvannan
Any business either big or small must always deal with various various paper based forms to handle their invoices and bill payments. As it deals with cash flow of the company it must be managed and processed properly. There are several new and promising technologies like online bill payment, electronic invoicing, and P-card are available [...]
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Outsourcing and business process standardization
July 5, 2008 Written By Mani Malarvannan
In late 1990 businesses started outsourcing their noncore business processes, mainly to save cost. Recently businesses started seeing the potential of outsourcing and started using outsource vendors for both their noncore and core business processes to gain strategic value in their businesses. Companies are seeing success in their outsourcing initiatives and reporting all the outsourcing [...]
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