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Outsourcing and Offshoring Finance Activities
Article

Outsourcing and Offshoring Finance Activities

IGI Global, 2006

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Editorial Rating

7

Qualities

  • Applicable

Recommendation

Companies are facing spiraling operating costs. Siri Terjesen, an assistant professor of strategic management, offers a host of potential solutions to this problem. She outlines what finance activities firms could modify to drive sustainable value. Though Terjesen’s work merely scratches the surface, getAbstract recommends her research to chief financial officers, chief operating officers and employees of global businesses who are looking for ways to reduce finance costs.

Take-Aways

  • Outsourcing finance activities is a viable option to help companies reduce their costs.
  • Firms outsource routine financial assignments first, whereas complex activities that require a high level of proficiency tend to remain in-house.
  • Businesses can choose from a menu of outsourcing location options to find the solution that best suits their requirements.

About the Author

Siri Terjesen is an assistant professor of strategic management and international business at Kelley School of Business at Indiana University–Bloomington.