Having
spent more than two decades in the finance and accounting (F&A)
domain, I have seen changes from very close quarters within this
business process. F&A is the backbone of any business, and
re-engineering processes can make a world of difference to the bottom-line of any organization. We at WNS, partner with our clients to
provide outcome-based solutions that can help them achieve a
sustainable advantage over a period of time.
As
businesses strive to accomplish more from less, there is intense
pressure to lower operational and transactional costs. In doing so,
businesses can gain from the constrained level of resources, such as
global talent, capital and infrastructure, that they are currently
operating in.
In most companies, there exists an inherent division between the various departments. The chief financial officer (CFO) is, more often than not, viewed as someone who is intent on slashing the marketing budget; while the CFO is of the opinion that the marketing team fails to effectively explain the basis and return-on-investment on communication spends. The result is the creation of silos between the two departments.
In most companies, there exists an inherent division between the various departments. The chief financial officer (CFO) is, more often than not, viewed as someone who is intent on slashing the marketing budget; while the CFO is of the opinion that the marketing team fails to effectively explain the basis and return-on-investment on communication spends. The result is the creation of silos between the two departments.
From
the point of view of the marketing team, this division can often lead
to lack of financial commitments to marketing and sales campaigns. On
the other hand, finance executives like to point out that without
their stewardship, marketing can let costs get out of hand. The fact
is that the finance team can be an effective partner to achieve any
business goal. Hence, re-engineering finance and accounting services
is one of the key drivers of business effectiveness today.
Our
deep functional expertise, industry intimacy, focus on operational
excellence and global delivery model gain help clients gain
competitive advantage and remain ahead in the race. CFOs outsource
accounting services to WNS so that their internal teams can focus on
core business issues, while the WNS team delivers to goals of standardizing finance and accounting processes, transforming the
finance operations and lowering costs.
Thank you for your thoughts.The above post is of great to use Finance and Accounting Services.
ReplyDeleteTotally agree that F&A is the backbone of any business. As business owners we want to make decisions that will make a huge positive impact to the business and with that, we hire the accounting services of Embassy FS here in Dubai UAE.
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