CFOs Cite Outsourcing As Important Competitive Advantage

Feb. 16, 2007
Execs say they will outsource any non-core business.

Taking advantage of the benefits of outsourcing is one of the ways that companies become more competitive, according a recent study of CFOs. "Outsourcing The Back Office: The Path Toward Sustainable Benefit," a report prepared by CFO Research Services in collaboration with Capgemini, debunks several myths and shows, as one executive said, that outsourcing has become a "ticket" to the fast-changing game of business.

Here are some findings from the report:

  • 72% of executive found that their outsourcing efforts "met or exceeded" expectations.
  • 73% said they will outsource everything that is not core to their business
  • Executives view outsourcing as way to integrate newly merger companies and to speed growth.
  • The most popular outsourcing destinations are U.S., India, China and Western Europe.

To download report:
http://www.us.capgemini.com/DownloadLibrary/requestfile.asp?ID=521

Interested in information related to this topic? Subscribe to our weekly Value-chain eNewsletter.

Popular Sponsored Recommendations

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Disruptive EV Technologies Are Driving New Supplier Realities

Sept. 20, 2023
Vehicle electrification is upending the automotive landscape, forcing suppliers to make critical strategic and operational decisions. Understand what that means for you in our...

Ecommerce Guide: How to Manage Order Volume Spikes

Oct. 2, 2023
Master the art of delivering a seamless ecommerce shopping experience! Learn how to streamline your operations to successfully manage seasonal sales order spikes.

You Cannot Stay Competitive by Bolting New Technologies to a Legacy ERP

Oct. 20, 2023
Read this white paper to understand the benefits of shifting to a next-generation ERP system as part of a DOP.

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!