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  • Webinar

    April 25, 2018
    Today, we see proof that Business Process-as-a-Service (BPaaS) is growing at a healthy rate in F&A, but this has not always been the case. Finance & Accounting Outsourcing’s (FAO) adoption of BPaaS has historically lagged behind other back-office functions, such as HR and procurement, because of the perceived importance of the finance function and the role it plays in an organization. This, however, is changing. Low capital requirements, quick access to best technology, process standardization, easy upgrades, and flexibility to scale – are all part and parcel of cloud-based F&A models. These benefits resonate especially well with Small and Medium Businesses (SMBs) and mid-market buyers that are looking for a best-in-class finance function with minimum investment. This paper explores the leading CFO pain points in SMB and mid-market buyer organizations and how BPaaS or cloud-based F&A services can address these concerns. We also delve into the historical adoption of BPaaS and what the future holds. This paper is intended for CFOs and other F&A leaders of SMB and mid-market buyer organizations that are looking for better alternatives to run F&A processes. Membership(s) Finance & Accounting Outsourcing