Running a Lean Finance & Accounting Operation In A Cost-Containment Era
With 62% of CFOs planning to make significant SG&A cuts this year as a result of the coronavirus crisis, it’s important to take a step back and assess “how lean is too lean?”
F&A BPO: What to Outsource and What to Retain
CFOs who think outsourcing means packing up their department’s entire roster of duties and shipping them overseas never to be heard from again need to reassess the current state not just of outsourcing, but of the evolving role of the Finance Department. In reality, companies are never fully outsourcing their entire finance organization, but just the more transactional processes that are in fact holding them back from focusing on forward-looking analysis and business decision support.
According to a recent KPMG report, organizations outsourcing finance are on average outsourcing 38% of their processes, which represents an increase of 81% versus 2013.
Process Mining as a Tool to Accelerate Your RPA Journey
Are you looking for new and advanced techniques to identify and prioritize the opportunities to improve and automate your business processes? If the answer is: 'Yes', then read on and find out more about how process mining can help!
2020 Guide: Best RPA Tools And Why UiPath is #1
The last three years were game-changing for robotic process automation. The media and technology analysts published countless articles and studies examining the trend of intelligent automation with RPA software while vendors competed fiercely for new customers the market attracted.
Top 10 Facts About Costa Rica
What do you know about Costa Rica? Although it’s true that most people associate Costa Rica with palm trees, rain forests, its natural beauty, a diverse landscape bordered by two oceans and access to countless adventure activities like zip lining, surfing and exploring volcanoes. But did you know that over 350 high-tech companies and 29 of the Fortune 100 companies have established successful operations in Costa Rica?
4 Ways Digital Transformation is Impacting CFOs
As the tsunami wave of digital transformation washes across every industry, a new champion is emerging: The Chief Financial Officer.
5 Signs Your Finance & Accounting Department Could Benefit from Outsourcing
FAO outsourcing cuts costs, improves efficiencies, and sharpens the focus of finance teams .
No matter their size, the most successful businesses share one common trait: a laser-beam focus on their core competencies.
Why Nearshoring is the Next Big Thing in Outsourcing
Traditionally, offshoring business processes and software development to another country has always been seen as a viable alternative to doing the work in-house, mainly because outsourcing has always been viewed as an inexpensive alternative to getting the work done.
5 Reasons Why CFOs Should Outsource Their Finance and Accounting Operations
Migrating accounting and finance processes delivers a competitive edge in today’s business environment
Auxis’ Hosts Main Discussion at CFO.org’s Annual Chicago Conference
Organized by CXOsync, the CFO.org Chicago Summit is an invitation-only conference exclusive to senior-level Finance Executives. Taking place on Thursday March 21st, this is a closed door event with only ~100 invited organizations from Illinois.
Attend Costa Rica’s Top 2018 Shared Services LatAm Conference
4 Reasons to consider Nearshoring Vs Offshoring
Shared Services and Outsourcing have both proven to be a great business model for reducing operating costs and gaining greater operational scalability for your back office while maintaining a high quality of customer service.
The Modern Back Office: What Is It And Why Your Organization Needs It
The typical back-office of most organizations spends 75-80% of their time “keeping the lights on.” This means transactional processing and non-value added activities. This dynamic leaves only 20-25% of your capacity for business growth activities such as strategic planning, customer insights, and analytics.
Outsourcing vs. Captive Shared Services: Which Model is Right For You?
Shared Services and Outsourcing models are no longer just for Global Fortune 500 companies. Today, we see an ever-increasing interest from middle-market organizations (companies ranging in revenue size from $200M-$2B) to reduce their back office costs and improve productivity and performance. More than ever, outsourcing is being viewed as one of the best ways to achieve these improvements, creating a new kind of shared services operation for these smaller organizations. In addition, if you are a larger organization and have still not considered shared services and/or outsourcing, you are late in the game.
2016 Conference Recap: 10th Annual Shared Services & Outsourcing Week LatAm
Auxis CEO, Raul Vega chaired the 10th Annual Shared Services and Outsourcing Week Latin America from August 22nd to August 24th in Coconut Grove, FL.