Navin is an experienced finance and accounting (F&A) operations specialist with 20 years in the outsourcing industry. He has strategically led the development of several workflows, reconciliations, process re-engineering, operations management tools, and setting up greenfield operations like Payroll and Financial Research.   Today, businesses are looking to optimise the large volumes of transactions and cash flows. While simultaneously, they are also trying to reduce reconciliation time, enhance the data accuracy and reduce any revenue leakages. Automation and outsourcing or automation through outsourcing are helping businesses in reaching their targets and setting new goals.  The global business process outsourcing market is likely to grow at a CAGR of 9.1% from 2022 to 2030. The need for Business Process Outsourcing (BPO) has increased along with the need for organisational efficiency and business agility because BPO is instrumental in surviving a continuously changing business environment. Outsourcing not only saves time, reduces overheads, decreases costs, and provides flexibility but also increases efficiency by ensuring service continuity and minimal disruptions for clients.  Among the sub-segments of BPO, the sub-segment of finance and accounting outsourcing is likely to experience a visible growth during the period 2022-30. FAO is important for payroll, bookkeeping, credit control, accountancy, … Continue reading Finance And Accounting Outsourcing (Fao) Market Is Ready To Witness Robust Expansion In New Normal