UCMS Group Russia and Financial Director Magazine (www.FD.ru) conducted a joint survey «What CFOs Expect from Outsourcing?». We gathered opinions from eighty six Financial Officers throughout Russia who shared why they used outsourcing services.
Most respondents (81%) represented medium-sized businesses.
The survey revealed that as much as 40% of respondents were using accounting outsourcing services. Also, respondents’ companies outsourced selection, hiring, evaluation and development of staff (36%), payroll processing (17%) and HR administration (16%).
Respondents also shared what they valued most in outsourcing:
— for 18% of respondents it was cost reduction
— 12% indicated process optimization and standardization
— and for 11% the most important advantages of outsourcing were focus on core revenue-generating activities, transfer of risk and decreased liability, improved financial performance and outside expertise.
Read the full version of the study «What CFOs Expect from Outsourcing?» here: http://www.fd.ru/res_opros.htm