CATEGORY

Finance Accounting and Outsourcing

Beroe LiVE.Ai™

AI-powered self-service platform for all your sourcing decision needs across 1,600+ categories llike Finance Accounting and Outsourcing.

Market Data, Sourcing & Supplier Intelligence, and Price & Cost Benchmarking.

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Finance Accounting and Outsourcing Market Monitoring Dashboard


Supply Demand

Understand the correlation between costs, margins, and prices impacting your category on a real time basis on Beroe LiVE.Ai™

Finance Accounting and Outsourcing Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Finance Accounting and Outsourcing category is 6.20%

Payment Terms

(in days)

The industry average payment terms in Finance Accounting and Outsourcing category for the current quarter is 60.0 days

Compare your category performance against peers and industry benchmarks across 20+ parameters on Beroe LiVE.Ai™

Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Finance Accounting and Outsourcing Suppliers


    2,875
    Total Suppliers
    166
    Diverse Suppliers
    78
    Normalized Supplier Rating
    Finance Accounting and Outsourcing Supplier

    Find the right-fit finance accounting and outsourcing supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    American Express Company
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    6
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    42

    100
    Limited (1)
    ESG Perfomance (/100)
    Environment
    85
    Social
    31
    Governance
    48
    6 Domains Performance (/100)
    Business behaviour
    39
    Human rights
    47
    Community Environment
    26
    Corporate governance
    54
    Human resources
    21
    Security Scorecard
    90

    Threat indicators
    B
    83
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    A
    97
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    B
    86
    Application Security
    Detecting common website application vulnerbilities
    B
    86
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    98
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    100
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    amexglobalbusinesstravel.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    12
    Human Rights Issues
    0
    Production Supply Chain Issues
    2
    Environmental Non Compliance Flags
    14
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    26
    Fraud Issues
    3
    Labor Health Safety Flags
    3
    Regulatory Issues
    22
    Workforce Disputes
    0
    Sanctions
    1
    esg energy transition
    86
    Discrimination Workforce Rights Issues
    3
    esg controversies critical severity
    No

    Finance Accounting and Outsourcing market report transcript


    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