Outsourcing Times

October 28, 2004

Is Outsourcing Cost-Effective?

A new study conducted from Pricewaterhouse Coopers indicates that less than half of surveyed American and European companies find outsourcing financial functions to be cost-effective.

According to CNet News:

Nearly 75 percent of American and European corporations that use outsourcing to support their financial functions will continue to do so over the next two years, according to the survey. About 29 percent of these companies expect to increase their use of outsourcing of financial functions, with spending likely to be 16 percent higher than present levels, the survey found.

A PwC representative said the disconnect between the outsourcing push and the financial results is mostly due to lack of planning on the companies' part.

Read more: PwC: Firms see mixed results in outsourcing

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October 28, 2004 in Management | Permalink

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