Acelerar Shared Services
Acelerar Shared Services Nov 2012
Finance and Accounting Outsourcing: Shared Services Solution
The business arena is evolving and so is finance and accounting operations. This change is rapidly giving rise to
constantly evolving business and operational models pushing service partners to move forward from being just a cost
saving channel to a risk sharing and revenue enhancing channel. Such model is the future of Finance andAccounting
Outsourcing and will define the movement of the industry from being an offshore partner who saves cost because of
labor arbitrage to being a offshore partner who gives customized, risk sharing, sophisticated business solutions and
cost savings.
The true prize of successful finance transformation is to unlock value, improve stakeholders' return and create
competitive advantage for the client. The continuous use of shared services and outsourcing as a tool is clear
testimony to the fact that CFO's are prioritizing the re-engineering and transformation of finance activities to achieve
the best quality returns which was not possible with the rigid business models prevalent earlier.
As a shared services provider for Finance and Accounting services we cater to multiple business partners at lower
costs and with higher service levels than local distributed resources. To achieve this we build and operate teams
consisting of finance and accounting professionals who support the clients on their processes based on a 'pay as you
go' model i.e. the client is free to utilize as many or as less hours as they choose and they have to pay only for the
hours utilized. By shifting repetitive transactional processes from your business units, you are able to focus on higher-
value activities. This is done by consolidating certain processes within a centre of excellence and offering it as a core
business offering without any restriction on the volume of work thereby making this a workable and profitable solution
for organizations of any size. As part of the consolidation, your company is also able to eliminate redundant activities
through process re-engineering and standardization delivered by us, which enables you to achieve economies of
scale. As we continue to enhance the shared services we deliver, we build the potential to become a centre of
excellence and produce additional savings as well as efficiency benefits.
Your challenges
HowAcelerar can help you
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Having independent finance operations in multiple geographic locations, which limits your ability to leverage
key skills across operating and geographic units
Ahigh proportion of finance employees located in high-cost areas are increasing your costs
Financial results are reported inconsistently across your business and the markets
Increasing your company's focus on its core competencies
When we help you implement and operate in a shared service infrastructure, we emphasise high quality and future-
oriented operational management. This implies going beyond the mere completion of a task and anticipating your
future needs to provide you with forward-looking solutions.
A well-run shared services solution lends a number of advantages to your company that allow you to focus on your
core competencies. By optimising itself autonomously, initiating the implementation of new technologies and acting
as a professional service provider, the shared services solution can result in:
Economies of scale & skills
Salary arbitrage
Improved consistency and quality of the information used in decision-making
Scalability
Reduced cycle times in closing, authorisation, credit evaluation, billing, sourcing, etc.
Enhanced focus on business unit operations and client satisfaction
Process and systems standardisation
A shared services solution helps you to take advantage of the expertise of the offshore solution and implement a risk
sharing infrastructure wherein a change in volume of work does not adversely affect your quality of service. Moreover
the services are flexible enough to accommodate your growing demands and accommodate any expansion of
services. Quality Metrics being the focal point of this exercise makes sure that increased volume of work does not
mean that quality gets hampered. In fact with increased coordination with teams at clients end we enhance the quality
even more. The basic idea behind implementing such a solution for the client organisation is to make sure that clients
get the complete benefit of the service capability but use it for the scale that they want without compromising on the
quality of the service.
HEADQUARTERS REGIONAL OFFICE UNITED STATES
Contact: [email protected]
1st Floor, STP-Complex, B-30 A, Ground Floor Pruneyard CenterGomti Nagar, Kalkaji, 1999 South Bascom AveLucknow-226010 (UP) New Delhi-110019 Campbell, CA 95008India India USATel: +91.923.544.3893 Tel: +91.114.657.2182 Tel: +1.917.338.6764
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Acelerar Shared Services
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