Offshore outsourcing sees continued rise
More than 80% of large companies plan to increase offshore outsourcing operations survey finds
More than 80% of large companies plan to increase offshore outsourcing operations survey finds
Boom times in offshore outsourcing are set to continue with over
three-quarters of large companies increasing their activities, according to
research by sourcing advisory company TPI.
The study, based on a survey of 100 senior UK executives responsible for
outsourcing within large companies, revealed that 81% planned to increase
offshore outsourcing over the next two to three years, while only 4% expected to
see operations dip.
Duncan Aitchison, managing director of TPI said: ‘Our survey results clearly
indicate that there is very little disillusionment with offshore outsourcing.
However, there is a general shift towards more sophisticated sourcing strategies
as the global sourcing market comes of age.
The research also showed that many companies, while intending to grow
offshore operations, were readjusting activities they base offshore. It said
that businesses were increasingly taking a global view of sourcing, separating
processes out and deciding whether each one would be best based offshore,
nearshore or onshore.
The numbers you crunch tell a story. Your expertis...
19yEmbracing 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 articleGlobal spend on accountancy outsourcing up by 40% in the space of five years. News comes as accountancy outsourcing specialist AdvanceTrack reports en...
View articleFollowing a profitability review, Deloitte has decided to scale back its UK deals business due to lower returns. This strategic shift could lead to jo...
View articleUK-based Dow Schofield Watts (DSW), a mid-market professional services network, announced the creation of a new division called DSW Principal Partners...
View articleEY has been undergoing significant cost-cutting measures and streamlining its operations since the abandonment of Project Everest. The firm has made t...
View articleTransitioning from an accounting firm to a consultancy model is only one part of the puzzle. The next, equally vital piece is making the market aware ...
View articleThis framework, while providing a top-line view, underscores the importance of strategic vision, operational excellence, and the spirit of continuous ...
View articleLooking ahead, the Big 4 firms face a challenging year, with ongoing cost-of-living concerns, slow economic growth, rising geopolitical tensions, and ...
View articleLast month it was reported that Deloitte would be cutting approximately 1,200 jobs in the United States, making it the latest of the Big Four accounti...
View article