Strategic Outsourcing

Business operating models, organizational priorities, and corporate cultures vary from business to business.

In a rapid changing environment the role of the Outsourcing Services has impressively evolved. Currently, it's expected to be a trusted business partner that brings value to the entire organization. An efficient and effective team that aligns finance and business, identifies and manages risks and calculates opportunities to make impact in the market.

The ideal finance & accounting outsourcing provider should support clients as a Business Partner and be in a position to support the transformation/digitalization of the finance and accounting function providing value-added services in all areas surrounding the companies’ core business.

An outsourcing project will lead to a new operating model with risk reduction, processes optimization, introduction of new technologies, better information for Management and ultimately significant cost savings.

The modern trend requires the connection of outsourcing services with the decision making process, the strategic planning and the value creation.

This is what we call “Strategic Outsourcing”

Major Challenges

Tax regulations are constantly shifting

New regulations as e-books and e-invoicing can impact the way accounting departments used to operate.

Data overload

Accounting and finance departments are called to manage the main volume of incoming data.

The new digital environment                   

New technology solutions that could optimize business results are on the rise.

Pressure for cost cutting                 

Improved efficiency and better team collaboration is needed more than ever before.

Evolution of Service Model

Deloitte Technological Solutions

✧Robotic Process Automation (RPA)

Robotic Process Automation (RPA) is the use of software to automate high-volume, repetitive tasks. In Accounting, Tax and Finance our RPA services help you create automations/robots (bots), which are configured to execute repetitive processes such as submitting filings to tax authority web portals. With today's "always on" demands, tax professionals are under increasing pressure to do more with less. Automation can help you keep up with the speed of growth and development. Robotic Process Automation (RPA) is a flexible and transparent first step, providing an easy bridge beyond Excel.

✧ Data Wrangling tools - Automation

Digitalization in Accounting, Tax and Finance that is purpose-built for your challenges. Our Data Analytics capabilities help you address the specific big data and data complication challenges your department faces, whether it’s one solution at a time or a department-wide strategy. We combine our deep accounting, tax and finance knowledge with our hands-on experience across a range of data collection, wrangling, automation, and data analytics tools to help you harness the Power of With for smarter insights and stronger outcomes.

✧ Business Intelligence tools - Analytics

Business Intelligence tools is a compelling way to create and present reporting dashboards. The easy to use, intuitive dashboard allows for quick access to important information. Our Business Intelligence capabilities help to uncover hidden relationships or trends, identify outliers or errors in the data that may require correction or resolution, quickly compare results period over period while there is still time to identify, correct or address anomalies, and easily undertake scenario planning or modeling to make better business decisions.

✧ ERP System Design - Processes

Identifying specific workflows by job and function, process improvements to be implemented (perhaps even independently of the software), and roles and responsibilities within the new business processes to augment system design. While business process requirements were likely defined during the evaluation phase, they might not take into account the functionality of the chosen software. Our capabilities in ERP System Design can serve as the foundation to leverage the ERP system in producing key operational data to streamline processes.

The benefits for your business

✔️ Integrated Outsourcing Services

Accounting function operating as an integral part of the finance function and of the entire organization.

✔️ Support Decision Making Process

Provide information that matters, tied to the business strategy and objectives, with no delays. Advanced management reporting coupled with data analytics integrated with the systems through modern visualization tools.

✔️ Data overload

Management masters the full potential of their systemic data and can transform this data to meaningful information.

✔️ Mitigation of tax risks

Management can “worry” for business performance rather than tax risks.

✔️ Efficiencies

Huge efficiency gains through the automation of routine-daily accounting work.

✔️ Digitalization/Transformation

Complexity with Clarity, Accuracy with Speed, Data with Insight, Decisions with Certainty

Get in touch

Maria Trakadi

Maria Trakadi

Equity Partner, Tax & Legal Leader

Maria is an Equity Partner, the Tax & Legal Leader and a member of the Executive Committee. With more than 25 years of experience, she has been providing tax advisory services to Greek and multination... More