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Canadian Finance and Accounting Services 2006-2010 Forecast and Analysis

Published by: IDC

Published: Sep. 12, 2006 - 20 Pages


Table of Contents


Table of Contents
IDC Opinion
In This Study
Methodology
Situation Overview
Introduction
Figure: Finance and Accounting Process Segmentation
Assess Current Situation
Figure: Geoffrey Moore's Five Levers Model
Table: Finance and Accounting Contracts Impacting the Canadian Market and Canadian Vendors, 2005 and 2006
Future Outlook
Forecast and Assumptions
Table: Canada Finance and Accounting Outsourcing Services Spending, 2005-2010 (C$M)
Table: Key Forecast Assumptions for the Canada Finance and Accounting Outsourcing Services Market, 2006-2010
Market Context
Figure: Canada Finance and Accounting Outsourcing Spending, 2004?2010: Comparison of March 2005 and September 2006 Forecasts
Table: Canada Finance and Accounting Outsourcing Spending, 2004-2010: Comparison of March 2005 and September 2006 Forecasts (C$M)
Market Strategies
Figure: Positioning Financing and Accounting Services to Canadian Business Buyers
Figure: Finance and Accounting Market Competitors
Essential Guidance
Actions to Consider
Advice for Buyers
Figure: External Sourcing Strategy Alternatives
Advice for Operators
Learn More
Related Research
Synopsis

Abstract

This IDC Canada study assesses the market for finance and accounting (F&A) services (primarily consulting and outsourcing) in Canada. It includes an assessment of the stage of externalization of various F&A functions, as well as the likely evolution of processes currently managed internally toward greater external management based on numerous factors that are impacting HR investment decisions and strategic planning initiatives.

"Vendors offering F&A services in Canada will have to balance traditional offerings with emerging BPO offerings, as many Canadian companies are still relying on standard sourcing solutions. The key for vendors will be to manage innovation strategies for customers at various points in the F&A life cycle to maximize the return on investment and shorten the time to realizing benefits," says Jim Westcott, BPO research manager.



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