Outsourcing has been part of many finance operating models for 20+ years, but the latest finance and accounting outsourcing (FAO) trends show even more interest in third-party providers and a greater investment appetite for transformation.
The nature of outsourcing is also changing. Nearshoring to Latin America is increasingly on CFOs’ radars as they look for strategic partners who can perform more complex work and overcome the hurdles of traditional Asia-based outsourcing – including saturated labor markets, faraway time zones, infrastructure challenges, and cultural and language barriers.
This report examines five key trends expected to shape the F&A outsourcing landscape in 2025 so businesses looking to fill gaps in their existing operations can create more efficiency, productivity, and value.
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- Enterprises are addressing finance talent shortages at home with new talent pipelines
- Tech-enabled outsourcing is accelerating AI and automation
- Service delivery is expanding to more strategic and complex offerings
- FAO providers are using enhanced data analytics to move the F&A industry forward
- Nearshore locations are emerging as a premier finance outsourcing solution