DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/4q76t9/global_finance) has announced the addition of the "Global Finance and Accounting BPO Market Forecast & Opportunities, 2016" report to their offering.
One of the major growth drivers in the market is the increasing focus of enterprises on core competencies, which they achieve by outsourcing their F&A activities.
Earlier, F&A BPO services were limited to large enterprises. Medium-sized enterprises had very limited options when adopting F&A BPO services, and this was mainly because they did not such services until now or could not afford it. In the past few years, medium-sized enterprises have become increasingly aware of the significance of outsourcing F&A activities. Hence, vendors have started focusing on the mid-market, which includes medium-sized enterprises, as they promise better revenue generation. This trend has created an opportunity for F&A BPO vendors to develop new versions of their products to attract mid-market enterprises, thus improving their presence in the market. A few new vendors in the Global F&A BPO market have recently entered the market with an offering that is positioned to capitalize on this trend. The combination of their pricing models, capabilities, and ease of management make them appealing, especially to medium-sized enterprises.
Further, the report states that it is often observed that service providers invest in infrastructure and capacity to deliver cost effective resources; but lack adequate knowledge of the business domain. Also, since most of the service providers are from the emerging countries such as India, there are very few domain experts at the service provider base; this could adversely impact the growth of the market.
The key vendors dominating this market space are:
- Accenture plc
- CapGemini S.A
- Genpact Ltd.
- IBM Corp.
Key Topics Covered:
01. Executive Summary
02. Scope of the Report
03. Market Research Methodology
04. List of Abbreviations
06. Market Landscape
07. Market Segmentation by Types of BPO Services
07. Market Segmentation by End-users
08. Geographical Segmentation
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/4q76t9/global_finance