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Many of the UK's largest organisations e.g. BP, Shell, and the BBC have outsourced their finance functions and many recent studies are predicting that outsourcing will increase dramatically over the next few years:
The main advantages from outsourcing are as follows:
Business owners can relax in the knowledge that their accounting affairs are being professionally looked after.
Access to relevant, timely and high quality information with which to make informed decisions.
Freedom to focus on running your business
Improved service to your customers and suppliers
Increased flexibility, Your finance function will grow with your business……. no more bottle necks
Access to additional skills, expertise and technology that are not currently available to your company
No employment responsibilities - holiday and sickness cover is not an issue
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