By uncovering new insights around tax, finance, risk management and financial crime, managed services can truly transform key operations – they won’t just be more efficient but more effective.
Does your HQ need an injection of IQ?
This is where managed services can change the game. Where outsourcing once helped companies take cost out, managed services now focuses on adding value in, across all elements of the business. Yes, it will deliver cost efficiency, but that’s more a function of the fact that most organizations still require a fair degree of transformation in their core functions.
The real magic happens when deep domain expertise is combined with global reach and a state-of-the-art technology stack that leverages both new technologies and common data sets. By lifting the burden where it’s heaviest – in tax, finance, risk and compliance – managed services can truly transform key operations, enhancing performance and introducing innovation. With an injection of new IQ, Head office can add more value, and allow leaders to get back to focusing on what matters – driving growth and maintaining competitive advantage in a fast-moving business landscape.
Summary
Managed services has its roots in outsourcing – but it’s not the same. The distinction is an important one to understand for all CFOs and COOs. Managed services can solve businesses’ most complex challenges around their core functions – ensuring that they are not just run with an eye on compliance, but with a vision for the future.