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Article: Is outsourcing property tax compliance right for you?(INSIDERS OUTLOOK)
- Article from:
- Real Estate Weekly
- Article date:
- May 24, 2006
- Author:
CopyrightCOPYRIGHT 2006 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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There's a natural desire by CFOs and other real estate executives to maintain strict internal controls over every aspect of their financial system. After all, allowing a third party, however trusted, to process invoices or issue payments on the company's behalf is tantamount to handing over the keys to the corporate vault.
And yet, Business Process Outsourcing (BPO) is a growing trend in American business that grows no signs of abating. In fact, as real estate investors experience increasingly positive results from engaging third-party experts to handle selected non-core tasks, the search for similar returns from other areas intensifies. As one executive recently ...