Outsourcing Dilemma: The Search for Competitiveness, The

Non-competitive systems

During the latter part of the 1990s, the single most important reason why organizations began to consider outsourcing the finance function was the impending need to change the financial system. When the heavy cost of such an implementation is added to the disruption caused, it tends to concentrate the corporate mind. Analysis of past lack of success in financial system implementations was then sufficient reason to consider alternatives.

Knowledge that some outsourcing service providers have made substantial investments in the necessary technology and can claim extensive recent implementation experience with relevant systems is normally sufficient to spark the initial interest. Typically the client organization attempts ...