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Thinking of Outsourcing Finance & Accounting? How to Leverage the Expertise of Sourcing Consultants to Frame Your Decision and Help You Choose the Most Appropriate Service Provider For Your Needs

Published by: FAO Research, Inc.

Published: Oct. 16, 2006 - 42 Pages


Table of Contents


About This Report

Purpose of this FAO Research Study

Our Sourcing Consulting Research Series

FAO Research Report Methodology

With Our Gratitude

About FAO Research, Inc.


Some Background on Sourcing Consultants

What Is a Sourcing Consultant?

And Why Might You Hire One?

What Do They Do?

What Benefits Might You Expect?

And What Challenges Might You Face?

Who Makes Up the Advisory Market?

How Do These Firms Differ?

Who Are the Best Sourcing Consultants?

How Influential Are They?


The Importance of Sourcing Consultants Keeping Up to Date on FAO Market Activity

Why Do Sourcing Consultants Strive to Stay One Step Ahead?

How Do They Monitor Market Activity?

Do FAO Suppliers Help Them Out?

How Do They Do It?

Why Is Communication So Important?

What Can Go Wrong

Speaking of Communication…Key Takeaways


How to Select the Best FAO Service Provider

Advice That Consultants Give Buyers on Selecting an FAO Service Provider

How Suppliers Are Trying to Shorten the Sales Cycle


Conclusion

Abstract

This 2nd report in a first-of-its-kind three-part series provides advice for prospective buyers of FAO services on why and how to leverage the expertise of sourcing consultants to frame their buying decisions and choose the most appropriate FAO supplier for their needs.  FAO Research shares the perspectives of 16 of the biggest and most influential consulting firms offering FAO advisory services as to why prospective outsourcing buyers might consider hiring a third-party sourcing advisor and how to go about choosing potential FAO service providers.  Each report in this series, the first published on October 2 and the last on December 12, addresses the various needs of all constituencies involved in the F&A sourcing process.  The final report provides an overview and analysis of the sourcing consulting market and 16 global advisory firms, including: Alsbridge, Archstone Consulting, BearingPoint, Booz Allen Hamilton, Capco, Compass America, Deloitte Consulting, EquaTerra, Everest Group, Gartner Consulting, Morgan Chambers, neoIT, PA Consulting, Pillsbury Global Sourcing, ScottMadden and TPI. Price: $2,500 for all 3 reports in the series.

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