Within a company an organized accounting department will surely contribute to the efficiency of the company’s administration department as they will be able to focus more on their business. The finance and accounting outsourcing companies pitch to their clients that they provide with a team of the accountant or the analysts that will be able to attend to their needs while they concentrate on their business. The accounting outsourcing which includes the payroll outsourcing and the general accounting and book keeping, it could be one of those solutions that can be considered as a strategic type of the service to offer the market since all of the company lies in how they will be able to make their service offerings more appealing to the interested previously mentioned in one of the articles. This is by collaborating with or acquiring the another company that can enhance their current solutions.
The Infosys Ltd is a business process outsourcing company that has been in partnership with Alcoa Global Business Service since 2004 and the partnership seems to be going strong because Infosys Ltd has made an announcement that it is a renewing its contract with the Alcoa Global Business Services. The duties involved that in the contract which the Infosys Ltd will continue to carry out in a five year period would be finance and accounting solutions as well as knowledge services process. The renewal of the contract could probably attest that the Alcoa Global Business Services that has been satisfied with the performance of the Infosys Ltd as a partner in the conducting their business.
It is getting along well that there is an increasing amount of the projects between those of the two industries, it seems that the finance industry. The announcement by Cognizant was made as the company has been selected by the financial Services Authority in the United Kingdom to support and develop systems by both operational and regulatory. The particular collaboration, it would be Cognizant Banking and Financial Services Practices who will be a key supplier for a wide range of the services, including Information Technology solutions. With the growing demand for outsourced services, both inshore and offshore it is no longer surprising to hear that the industry will grow bigger in the coming months. The outsourcing industry in the Asia Pacific region is forecast to grow at 17.9 percent. The finance and outsourcing is indeed one of the valuable solutions being offered in the market today by the solutions providers to keep the market and the growing demand for such services.
REFERENCE:
http://www.blog.infinit-o.com/fao-increase-transactions-year/
