Accelerated Timescales for Transformation in Finance and Accounting
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The traditional approach to F&A outsourcing involved considerable client-specific reinvention with organizations typically starting the journey with a 3-month documentation and knowledge transfer project, followed by offshoring and a 6-month stabilization phase, with lean-based continuous process improvement maybe kicking in after 12-18 months, and organizations beginning to think about the application of specialist tools towards the end the initial contract period. So this made for a very...
