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In today’s challenging business scenario, the finance and accounting function plays a key role to ensure efficient business operations with compliance, managing expenses versus growth and maximizing the return on investment cycle. To achieve towards this objective the global organizations are looking forward to become leaner, smarter, agile, innovative, and competitive in the dynamic environment.
As global Finance & Accounting Outsourcing (FAO) market matures, service providers are expected to deliver outcomes beyond cost innovations and service level agreements. At Bosch Engineering and Business Solutions, the FAO practice serves clients in 20 locales across the globe with over 10 years of expertise that is characterized by cost innovation, domain expertise, process improvements and operational excellence within a robust compliance framework. Bosch's FAO services and solutions helped clients to swiftly move ahead from manual processes to market leading smarter processes with deep-dive analytics capabilities.
Compliant to ISAE 3402, the Finance & Accounting Outsourcing (FAO) practice has been built on a strong framework consisting of: