IT strategy: the vendor view
Jonathan Steel, chairman and CEO of consultancy The Bathwick Group, gives his views.
The test of the applicability of outsourcing is: can it deliver the objectives of that business just as flexibly, but quicker and, if necessary, more cheaply?
Many early outsourcing deals were seen as a way of getting rid of a tangle of problems where there wasn’t enough management talent or time to sort them out. This approach should have been, and often was, doomed to failure.
Smartsourcing is a natural development as both the providers and customers of outsourcing mature in their understanding of a complex problem.
Of course, businesses must understand what they are buying and manage the process, just as they would in any other part of the business, but the promise of smartsourcing is timely and effective. Who could have predicted a few years ago that the Internet would have such an impact on the way businesses work?
Smartsourcing offers the opportunity to gain new systems and skills rapidly, while learning what knowledge needs to be transferred into the organisation and what can be sourced more efficiently outside.
Perhaps there is no such thing as a new idea, but there is certainly a better way of applying old ones; smartsourcing can be, and will be, just that.
Bathwick’s SmartSourcing conference is at Ascot on 14 April. More details at www.bathwick.com/smartsourcing/.
The numbers you crunch tell a story. Your expertis...
25yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe shift to cloud-based accounting marks a significant transformation, enhancing efficiency, collaboration, and data security, and setting new standa...
View articleOn February 28, Xero became the latest accounting technology provider to launch a new AI assistant. ‘Just Ask Xero’ or JAX was announced a...
View articleThe collaboration between OCR and AI in automating the AP workflow marks a significant stride towards operational excellence. Read More...
View articleThomson Reuters has successfully acquired Pagero, a Swedish e-invoicing and tax solutions company, for approximately $800 million. The content and tec...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleWith so many accounting software options on the market today, from QuickBooks to FreshBooks to Xero, it can be overwhelming for small business owners ...
View articleThe Horizon scandal has shed light on the crucial role of ethical practices in the accounting technology industry, and underscored the need for transp...
View articleAccountants in industry must upgrade wisely to help their businesses evolve, according to Nick Longden of AccountsIQ Read More...
View article