Article: United States : Everest Sees Fast Growth for Finance/Accounting, Procurement Outsourcing, Mixed Growth for HR.

Byline: datta03

As can be expected in challenging times there is increased interest in outsourcing. Financial and accounting outsourcing (FAO) and procurement outsourcing (PO) is expected to grow annually by 20 percent and 25 percent respectively.

Meanwhile human resources outsourcing will see a mixed bag with slow growth for multi-process but demand hikes for single-process projects, reports The Everest Group.

Organic growth through scope expansions and renewals will contribute significantly to the overall FAO market growth as nearly 15 percent of all multi-process FAO contracts come up for renewal in 2010. The demand for analytics and other ...

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