When an organization needs to cut their budget or reduce costs, the two main strategic decisions are either to downsize or outsource, but downsizing means that you’re going to miss
Simplicity is a word rarely associated with Accounting! The common words and phrases one is likely to encounter include “Ad hoc” “business specific” Urgency, “we need payments processed yesterday” “Not
“Think. Transform. Grow. Your Success Story” – An Infomate Transformation initiative led byClyde Rodrigowas rolled out in January in collaboration with Geetha Wijesinghe, Aruni Kalyani,Dylshan Perera,MohamedAsurdeen,SelvarajahKamaalraj, Ranga Wijewardana &Jehan Perinpanayagam.
Traditionally, the main driver for outsourcing and off-shoring has been cost, leveraging arbitrage. Increasingly however the reasons for outsourcing are evolving. The top reasons now include : Access to world
RisksIn a traditional finance division, the departmental structure is usually functional with a specific individual or team responsible for Accounts Payable and a separate team responsible for Accounts Receivable. This
The benefits of an on-shore / off-shore strategy are immense and a practice adopted by the world’s leading companies. Over 70% of the Fortune 500 companies see global outsourcing as
The benefits of an on-shore / off-shore strategy are immense and a practice adopted by the world’s leading companies. Over 70% of the Fortune 500 companies see global outsourcing as
An objective that every shared services centre (SSC) provider will identify with is the continuous delivery of efficiencies through process automation and new technology adoption. The pursuit of such efficiencies
AbstractThe speed of automation of accounting functions constitutes the biggest challenges to accounting professionals. Accounting has evolved from manual ledgers to computerized systems, ERP’s and now digitization. Hence accountants have
The Finance Apprentice batch of year 2016-2019 completed their 3 year programme in January 2019. The certificate awarding ceremony was held on 27th May, 2019 at the JKH auditorium with