About 44 percent of companies that have outsourced financial functions say they have saved a moderate amount, according to a new study from PricewaterhouseCoopers. Another 3 percent say they have saved a great deal.
However, 31 percent of the companies see limited or very little financial benefit to outsourcing; 9 percent believe they are breaking even; and 4 percent say they are losing money.
About 77 percent of U.S. companies say they have outsourced financial functions in the past two years, the survey said, while 72 percent of their European counterparts have done so.
While companies are finding mixed financial benefits to the practice, they're still interested in outsourcing, the study found.
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.
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- re : Firms see mixed results in outsourcing
- "Firms see mixed results in outsourcing"
call a company and ask them and they will not say...yes, we are saving a ton of money firing american and hiring overseas
most wont even give you #'s of outsourced workers - they know this is bad and do not want the public to know... (Read the rest) - Posted by: V Sanders Posted on: 10/29/04 You are currently: a Guest | Log in | Terms of Use
