Finance Business Process Outsourcing Webinar (2 Hours)

Overview: 

Selecting the right Business Process Outsourcing (BPO) Partner is critical, as is identifying the right areas for transition. This program will provide an overview of various aspects related to Finance and Accounting BPOs—from the objectives and triggers that lead to the decision, to the range of outsourcing models and options available. We will also look at the key aspects of the journey, including: identification of scope, knowledge transfer, retained organization structure, ongoing operational rigor, continuous improvement, and the importance of cultural affinity and transparency in developing a true symbiotic partnership. Experts will discuss:

  • BPO benefits
  • Project risks and proposed mitigations
  • Global Business Services
  • Retained organization structure approach
  • Service placement strategy
Objective: 

This program will provide businesses with an overview of various aspects related to Finance and Accounting BPOs—from the objectives and triggers that lead to the decision, to the range of outsourcing models and options available.

Emphasis: 
  • BPO Benefits—Accounting Operations Perspective
    – Cost reduction
    – Scale
    – Single point of accountability
    – Automation
    – Demand management
    – Continuous improvement
  • Transition Timeline—High Level Example
    – Accounts payable
    – General accounting
    – Revenue accounting and
       commissions
  • Key Project Risks & Proposed Mitigations
  • Global Business Services
    – Triggers that lead toward a GBS
       model
    – The future of finance
    – Different levels of maturity
    – Meeting expectations and
       delivering maximum expected
       value
    – Enhancing efficiency of
       operations
    – New GBS delivery operating
       model
    – Digital solutions
    – Service placement strategy
    – Organization structure approach
Bottom
Prerequisite: 

None.

Preparation: 

No advance preparation required.

Level of Knowledge: 

Overview.

CPE Credit: 
2.00
NASBA Field of Study: 
Finance