Designing Successful Financial Processes
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The pressure to reduce Finance costs and strengthen internal controls is relentless. These seemingly opposing demands are the major catalyst behind the transformation of Finance operations from decentralized divisional models with disparate processes and systems to the new global model. In this new order, core financial operations such as Accounts Payable are centralized in one or more Shared Service Center locations with a single set of streamlined processes and a single technology solution to serve a region or even an entire corporation.
For those that aren’t able to transform their operations or that have a pressing need for immediate access to new capabilities, outsourcing is a solution.
This white paper will explore the considerations involved in adopting the right model for your organization.