Research shows BPaaS technology offers F&A Leaders More Flexibility, Accessibility and Agility
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
OneSource Virtual (OSV) is the Workday partner that has helped more than 1,300 companies with everything from deployment to maintenance to payroll and more—all to make the day more doable. Founded in 2008, OSV pioneered Business Process as a Service (BPaaS) and has become the leading provider of automated solutions for organizations of all sizes using Workday, delivering services with unparalleled choices, unwavering commitment, and uncompromising care. OneSource Virtual’s global headquarters is located in Dallas, Texas, with additional locations across North America and Europe. OneSource Virtual: let’s make the day more doable. Find your company’s solution at www.onesourcevirtual.com.