Finance Accounting and Outsourcing Market Intelligence

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Subscription Benefits:

  • PRO access to New Beroe LiVE*
  • Unlimited updates on the Report*
  • Supplier Watchlist for 3 suppliers*
  • Supplier Shortlisting Tool*

With this purchase you will be subscribed for a 12-month PRO membership to the upcoming all new Beroe LiVE (launching in Q3, 2020)

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*These features will be unlocked on the new Beroe LiVE when it launches (Q3, 2020)

Are you looking for answers on Finance Accounting and Outsourcing category?

Are you looking for answers on Finance Accounting and Outsourcing category?

  • What are the key trends in Finance Accounting and Outsourcing category?
  • Am I paying the right price?
  • Am I working with the right supplier?
  • What are the major challenges and risks in Finance Accounting and Outsourcing industry?
  • How is Finance Accounting and Outsourcing industry performing?

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Report Coverage

  • Market Analysis
  • F&A Outsourcing Activities – Adoption Trends in the Market
  • Market Trends
  • Cost Structure Analysis

Table of Contents

  1. Executive Summary
  2. Executive Summary
  3. Impact of COVID-19 on Finance and Accounting Outsourcing (FAO)
  1. Market Analysis
  2. FAO – Market Overview/Growth
  3. Regional Market Outlook – F&A Outsourcing Service Adoption Level
  4. F&A Outsourcing Activities – Adoption Trends in the Market
  5. Type of F&A Activities Performed In-house vs. Outsource by the US/Europe Headquartered Companies
  6. F&A Outsourcing Industry – Drivers and Constraints
  7. Porter’s Five Forces Analysis – FAO Industry
  1. Market Trends
  2. Key Market Trends – FAO Services
  3. Key Technological Trends and Technology innovations in the Market for 2020 and Beyond in FAO Industry
  1. Cost Structure Analysis
  2. Cost Structure Analysis for F&A Outsourcing Services
  3. Best Cost Country Sourcing (BCCS) Assessment
  1. Industry Best Practices
  2. Pricing Models
  3. Engagement/Sourcing Models
  4. Best Governance Mechanism – To Ensure Success in Outsourcing to a F&A BPO Provider
  5. F&A Outsourcing Service – Key Performance Indicators

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Market Size (2020 Estimate)

As per Global Multi-Process F&A Outsourcing Deal over $1 million Annualized Contract Value (ACVs) $9.37 billion

Annual Growth Rate (2020 Estimate) - 10%

Market Trends

  • More Complex Functions will be Outsourced
  • Consolidation of Business Operations
  • Adoption of Gain-sharing Working Model

Supplier Power:

  • The FAO industry is currently dominated by market leaders, like Accenture and IBM. The industry is fragmented, in terms of service providers and their industries, with only a few being category-specific to FAO
  • As a result, it limits the service provider power to medium

Barriers to New Entrants

  • Increasing process complexity, technology sophistication, and established service providers are high barriers for new entrants
  • Currently, buyers prefer working with preferred service providers, having strong domain expertise and able to cater to a wide range of requirements
  • It requires high initial investments and skilled labor to cater to the needs of mature buyers

Intensity of Rivalry

  • Top players, including Accenture, IBM, Capgemini, and Genpact, account for more than 60% of the overall market. The latest trend is that medium-sized players combine with niche players to provide integrated services
  • All players compete on the similar platforms, such as technology and service delivery capabilities, and not pricing exclusively. Hence, the intensity of rivalry is medium

Threat of Substitutes

  • The cost of carrying out finance services in-house is high and its process efficiency is lesser compared to outsourcing
  • The access to the world-class delivery, a trained workforce, increase in spend visibility, and most importantly, the focus the buyer gets on core activities because of outsourcing makes sourcing in FAO less susceptible to the threat of substitutes

Buyer Power

  • For global/regional engagements, and/or end-to- end services with market leaders, like Accenture, IBM, Capgemini, and Genpact, the buyers have relatively medium bargaining power, as there are no service providers that match them in end-to- end service delivery capabilities, category expertise and geographic reach

With this purchase you will be subscribed for a 12-month PRO membership to the upcoming all new Beroe LiVE (launching in Q3, 2020)

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