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A perspective on the F&A opportunity

Leading BPO analyst, NelsonHall, surveyed 320 UK organisations in October 2005 in conjunction with Xansa. Industry sectors included Banking, Central Government, Insurance, Legal Services, Local Government, Media, Retail & CPG, Telecoms, Transportation & Logistics and Utilities.

Research summary PDF download

The purpose of the study was to analyse the market for outsourced F&A services by sector within the UK. The senior decision makers interviewed were asked about:

• satisfaction with their organisation's current F&A capability
  
• the stage of development of their F&A capability
  
• current and planned usage of F&A outsourcing overall and by service component
  
• geographic scope of their F&A services
  
• market drivers and inhibitors
  
• service delivery preferences

Our research shows that the growth of F&A outsourcing will be driven primarily by needs for cost reduction and achievement of rapid change in F&A capability. Outsourcing suppliers simply must provide both compelling economic justification and a quick and reliable means of service transformation in order for the market to achieve its full potential.
John Willmott, NelsonHall

If you'd like to discuss the survey results specific to your own sector, or find out how Xansa can help you do more with F&A, contact: Michael Withey, Director of Finance & Accounting on +44(0)118 984 6286 or FAsolutions@xansa.com

Download the research summary below

Xansa F&A research overview