Business processes or work functions can either be performed in-housed or outsourced. Outsourcing of certain business process will depends on how and what are the company strategies and objectives.
Finance and Accounting is one of business process that can be considered for outsourcing. The business functions are -
- Sales Quotations/Orders
- Sales Invoicing
- Accounts Receivable
- Account Payable
- Fixed Assets
- General Ledger
- Financial Analysis and Account reconciliation
- Financial Reporting
- Budgeting and Forecasting
- Direct and Indirect tax reporting, etc
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