Dallas, TX – July 7, 2016 – OneSource Virtual (OSV), the leading Business Process as a Service (BPaaS) provider, partnered with analyst authority HfS Research, released a point of view paper detailing the benefits of F&A operations on an As-a-Service platform. The whitepaper is available on the HfS website and asks, Is Finance Finally Ready to write off Legacy and move to BPaaS?
The research notes the revolution of digital technology and its influence on operational performance within the F&A enterprise. As-a-Service benefits discovered include automation and operation efficiencies, greater visibility, improvement in analytics and reporting, and greater collaboration.
“Legacy has plagued finance and accounting operations for many years now,” note HfS analysts Reetika Joshi and Barbra McGann. “The emerging SaaS and BPaaS markets offer the F&A function a new level of flexibility, business agility, integration and accessibility.”
“F&A operations is changing”, says Michael Roseman, Sr. VP Finance and Accounting Outsourcing of OneSource Virtual. “As more F&A leaders realize the benefits a cloud model can provide for finance processes, we hope this document will act as a guide to success as they embark on this new Digital Age.”
About OneSource Virtual
Founded in 2008, OneSource Virtual is a pioneer of Business Process as a Service (BPaaS) and supports the automated delivery of solutions exclusively for Workday. OneSource Virtual’s services empower organizations of all sizes by encouraging HR to become a strategic partner within the organization, aligning to business growth and scaling by demand through Workday deployment, consulting, training, and in-application payroll administration, benefit administration and application management services. OneSource Virtual is headquartered in Irving, Texas, with a processing center in Mesa, Arizona and Derry, Northern Ireland. For more information, please visit www.onesourcevirtual.com.
Tristan Desinor, OneSource Virtual