Country head of ACCA Malaysia, Jennifer Lopez said the growing popularity of the SSO trend has many implications for players as well as the accounting and finance profession.
"The current number of people employed in a finance and accounting role by business process outsourcing is estimated at 200,000 globally and growing at over 10 per cent annually," she added.
Jennifer said this in her keynote address at the ACCA Accountants for Business Forum, "Finance Transformation: Expert Insight on SSO", officiated by Chief Minister Lim Guan Eng, here today. She said besides cost efficiency, the growing adoption of the SSO is a vital vehicle for financial efficiency and effectiveness, contributing to a company's long-term prospects.
Global players in the finance industry such as HSBC and Citibank as well as regional players like Maybank and CIMB, have demonstrated transformation by outsourcing certain operations in Penang to increase productivity levels.
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Quelle/Source: Bernama, 22.03.2012
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