Personiv Releases White Paper on Finance & Accounting Outsourcing Strategies for the Modern Remote Workplace
Summary
Building Lean Accounting Teams: How Organizations Can Achieve Optimal Efficiency Through Outsourcing seeks to understand the structural nature of these challenges and explores realistic strategies for circumventing them in four common scenarios, especially as the nation prepares to get back to work. “This white paper provides not only a comprehensive history of the field of FAO but gives real-world examples of how mid-size businesses can grow by outsourcing with a team as small as one offshore,” David Lesniak, CEO of Personiv said. “This breakthrough in accounting strategy allows leaders such as CFOs and controllers to get out of the transactional weeds and finally have the time to focus on strategy and true organizational priorities.” The paper draws on Personivs 35-year history as a legacy partner in the BPO industry and as a growing top FAO provider of choice for organizations across industries and sizes. Among the key takeaways of the white paper are a look at how outsourcing fits into a workforce that is rapidly operating outside of traditional office spaces, what the advent of robotic process automation (RPA) means for the accountancy field, and how organizations must address high employee churn due in part to burnout. “When financial leaders see a need for more time, better talent and higher efficiency, streamlining accounting through FAO is the logical next step.