A couple of years ago, the outsourcing activity within the public sector has improved the beginning, it is mainly for the reason of cutting costs and improving the agency efficiency which are the primary pitch of the outsourcing industry. The idea of the outsourcing spreads out even with the government agencies across the globe, finance and accounting outsourcing solutions providers that is now strive to improve their capabilities. This is because of the government transactions that is require an extra are and efforts when it comes to the security. It may sound similar because core finance and the accounting tasks are finance and the accounting tasks but it is when the start to move towards the exterior, that is where you will notice the difference between the outsourcing services for the private sector and the public sector. The London Borough of Barnet is a United Kingdom local government unit, it has expressed interest in seeking the assistance of the outsourcing solutions in providing them the necessary solutions that they require.
The solutions at th hand are likely to cover the customers service and the new support solutions which includes the Information Technology solutions as well as the finance revenue and the benefits solutions. The local government agencies in the United Kingdom have been slowly venturing into the outsourcing over the past couple of years but even up this day. Some of the agencies in the United Kingdom are yet to embrace the outsourcing as there are still concerns that is being raised by those who oppose the idea. Including the entirely isolated in the United Kingdom region because even in Wellington, New Zealand there are still limitations that is being posed by the government. It is noted that there are still limitations when it comes to their options in using the shared services. The New Zealand government has claimed that it has already considered delegating its back office processes such as the payroll and the finance duties to an outsourcing solutions provider.
The Greece as the country’s Finance Minister Evangelos Venizelos stated that it has now considered that the idea of seeking the assistance of the private sector such as auditing companies and the accounting offices, to assist the governments tax collection processes. The initial stage in the period of the outsourcing, if the finance agency shall pursue. It will cover the collection and the payment scheme to the states where there are confirmed outstanding debts. If the initial stage proved to be a successful and accounting firms selected shall be given a more active role in conducting the additional tasks.
REFERENCE:
http://www.blog.infinit-o.com/public-sector-slowly-embraces-finance-accounting-outsourcing/
