Financial Executive, March 1st, 2004
Outsourcing finance functions--like auditing, tax consulting and payroll processing--has been going on for many years. But today, companies increasingly are asking solution providers to manage business processes on more of a turnkey, full-service basis, rather than transactional or processing services. Suppliers like Exult and others lend credibility to the value that many companies have seen from outsourcing portions of their finance procedures.
The finance and accounting (F & A) business process--including accounts payable, accounts receivable, order management and tracking, treasury func...
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