According to NelsonHall’s Global F&A Outsourcing Market Forecast 2013-17, the multi-process finance and accounting BPO market remains strong as organizations continue to re-engineer and standardize their accounting operations across geographies and business. No longer is F&A outsourcing just about cost and risk reduction, it is becoming a means to transform operations. The changes in the F&A outsourcing are giving a new shape to the market, offering new opportunities for both enterprises and providers. The period of structural downturn is putting the spotlight on F&A process transformation which will be seen as a pathway to improve financial performance. The emphasis is on optimizing finance processes and gaining efficiencies with advanced process visibility. With cloud substantially reducing service delivery cost, the uptake of cloud-based ERP-type offerings for processes such as accounts payable is increasing.

Late adopters of F&A outsourcing and users of shared services model are seen more often, adopting a hybrid model where both customer and suppliers collocate the shared services for different processes. Increasingly, organizations are also opting for the Global Business Services (GBS) models. Adoption of a bundled approach to transformation is growing. There is a preference for not one but multiple near-shore locations which includes tier-2/3 cities. No longer are enterprises content with ‘meeting SLAs’ from their outsourcing partners. They are now demanding enhanced process visibility and business metrics, and benchmarking (a trend that bolt-on technology tools are facilitating) as a part of the standard solution. Enterprises expect their F&A outsourcing partner to provide analytics to gain tangible business impact, business insights and end-to-end view of their finance process to make it optimal.

At QUALITIC SERVICES, we have a dedicated team specializing into F&A hiring. We are working with some of the leading names in the industry and we understand the market really well. Our team is well-equipped with strong market intelligence about the current processes, industry, and talent-availability in the F&A market in India. We specialize in closing leadership, middle & senior level positions across the F&A domain. We have successfully helped the industry leader in US Health Insurance market hire the pilot phase and ramp up for what would be the biggest insurance F&A outsourcing in India. With a huge pool of resumes in our database, we regularly add exclusive resumes which are not normally seen in the job portals. We understand the domain and we understand your priorities! In this ever-challenging recruitment market QUALITIC SERVICES can partner with you in achieving your growth curve by getting you the best available professionals in India.