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The WNS Annual CFO Survey Report 2010

Sponsored By WNS Global Services

Topics:: Budgeting & Planning > Strategy; Finance & Risk Management > Offshoring , Outsourcing

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Abstract:: * 44% finance executives believe growing the business as the organization�s most critical corporate challenge in 2010
* 59% finance execs believe driving corporate cost reduction efforts the most crucial CFO agenda items in 2010
* 75%+ finance execs plan to expand their outsourcing programs in 2010
* 50%+ finance execs leverage finance & accounting outsourcing for achieving both operational and strategic goals
* 85%+ finance execs are satisfied with benefits secured from their F&A outsourcing efforts

The WNS Annual CFO Survey 2010 suggests finance & accounting outsourcing (FAO) has become a commonly accepted strategy by CFOs to address strategic and operational needs. While FAO deployed meets operational goals such as reducing F&A or corporate operating costs, it's also used to focus on more strategic issues. Organizations implementing FAO have generally been successful in achieving expected benefits, specifically reducing costs and using savings to fund F&A transformation efforts.

DETAILS

Sponsored by: WNS Global Services

Released: January 19, 2010

Length: 20 pages

Format: PDF (478 kb)

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