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How An Outsourced Financial Professional Can Help Your Clients (and You)

  Randy Miller, Partner, CFO Edge, LLC  
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  Article Summary  
With proven benefits like greater productivity and better cost controls, outsourcing of non-core competencies is gaining broader acceptance by Los Angeles and Southern California business leaders.

Yet gaining outsourcing's "lean and mean" operational benefits can be accompanied by new challenges, one of which is less awareness of potentially negative cross-functional impacts.

Discussed in this article are the importance of full integration of outsourced resources and examples of potential negative impacts when integration is missing.

Also reviewed is the beneficial role of an outsourced financial professional who can address cross-functional impacts, perform a cost-benefit analysis on options, and recommend operational alternatives to both improve integration and control costs.

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