“Incent and Reward” versus “Lift and Drop”

Today’s guest blog on finance and accounting outsourcing (FAO) comes from Bill Frech, Partner & Managing Director, CFO Services North America, TPI.  

Standardization of processes and implementation of best practices requires a degree of maturity, but instead of explaining the nuances, some analysts have jumped on the bandwagon of blaming F&A outsourcing for missed expectations. Is their finger-pointing on target?

The waters are muddy, and we decided to clear up some common misconceptions by surveying a number of clients involved in TPI-advised deals that have been in place for over a year. Some were multifunctional, others were just finance and accounting deals, but they all have one thing in common: the deals are operating and proceeding well.