Before organizations decide to outsource finance and accounting activities, they need someone to help them think through and resolve following questions:

• Which finance and accounting activities will you outsource (e.g., tax, general ledger)?
• Does finance and accounting outsourcing vendor have experience with your type of accounting and tax issues ?
• If there are penalties for errors, is finance and accounting outsourcing vendor responsible?
• What timeliness requirements should be part of contract?
• Will quality be equal or better than current services?

What are risks to organization if finance and accounting outsourcing does not work?
• Who will maintain finance and accounting software?
• Who is responsible for finance and accounting software upgrades?
• Who is responsible for compliance with Sarbanes-Oxley?
• Who will manage finance and accounting outsourcing?
• What happens if you decide to stop finance and accounting outsourcing?

Maurice Greaver (Washington, DC): author of Strategic Outsourcing, best selling book on Outsourcing on www.amazon.com. Wrote and taught American Management Association (AMA) seminar on Outsourcing. Writing second book on Outsourcing. Greaver has been actively involved in outsourcing as advisor to organizations who are exploring and/or implementing outsourcing initiatives.

Ken Kipers (Dallas): former Executive VP of Fortune 500 company.  Helps companies with their outsourcing decisions and only gets paid on a percentage of savings that results from outsourcing.  This approach minimizes an organization's risk, but usually ends up with a greater payment to Ken's group. Ken has a Ph.D. 

Call Maurice Greaver at 972-980-7407 to find out how better Outsourcing can help you reach your goals and give your peace of mind