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FAO Services, India, has established itself as one of the most prominent global outsourcing destinations, offering high-end finance and accounting outsourcing (FAO) services. Since the 1990s, many multinational corporations have been using India-based expertise to perform a variety of back-office tasks, including data entry, customer support, IT, HR, legal, and financial services. Whenever companies around... Continue Reading

The accounting sector is going through a major change right now. Thick trees surround a road with peaks and troughs. Access the following section: Summary Many companies are likely to either rise or fall based on their technological abilities. The traditional skills accounting professionals need will be increasingly tech-centric but also more humanity-driven. AI is... Continue Reading

The accounting industry is on the precipice of another huge change in 2024, driven primarily by new trends and evolving expectations from CPAs and accounting firms. This is largely due to the enhanced adoption of outsourced bookkeeping services. This trend is a direct result of CPA firms facing an accounting talent shortage that has more... Continue Reading

Table of Contents Introduction Understanding Financial Outsourcing Tailored Financial Services that BFSI can outsource 5 Advantages of Outsourcing Financial Services Takeaway Introduction Against the backdrop of an increasingly dynamic BFSI (banking, financial services, and insurance) landscape, accurate bookkeeping is a starting point for sustainable growth and efficiency. Financial statements are not just wealth and compliance... Continue Reading

Introduction In recent days, innovation and digital transformation have become synonymous terms. This involves adopting and using digital technology, tools, and tactics to perform better business operations and create better customer experiences. Digital Transformation- Technology is used in innovation to increase efficiency, unlock new business opportunities, and compete in the market. [The business entered rots... Continue Reading