Economic fluctuations heighten the need for cost reductions and improved cash flow management in virtually every industry and puts increased pressures on the Finance Shared Services model. Companies are now forced to examine how their finance and accounting operations affect both the immediate and future viability and success of their firm. Even the best Finance Shared Services organizations struggle to sustain earlier value creation due to limited investment funds, increasingly stringent and time-consuming compliance requirements, and limitations on their scalability.
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The Shared Services & Outsourcing Network Editor | 07/04/2012
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