Keywords: shared services, finance shared services, Five minutes on sourcing success, ACCA, accounting, outsourcing, shared services outsourcing

Five minutes on sourcing success

Susie West | News | 12 July 2012

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Transforming the finance function is a key priority for today’s CFO as they seek to drive down the cost of finance operations, deliver improved finance operational efficiency and position the function as an effective partner to the business.

The growth of shared services and outsourcing reflects the continued prioritisation of finance transformation activity for leaders. This survey provides a unique insight into the aspirations and expectations of CFOs and other finance leaders in transforming the
finance function through shared services and outsourcing.

The evolution of shared services and outsourcing has implications and opportunities for ACCA students and members throughout the world. As the global body for professional
accountants, our students and members are well placed in bringing their skills to bear in supporting future world class finance functions, and our qualification is designed to equip future generations of finance professionals across the whole of the finance enterprise with the capabilities that will be needed.

This report presents the results of a global survey of CFOs and other finance leaders on the aims and effectiveness of finance shared services and outsourcing initiatives.

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