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1、How Tech-Enabled Nearshoring is Changing the Game in 2025FINANCEACCOUNTING&OUTSOURCING TRENDS2Outsourcing has been part of many companies operating models for 20+years,but the latest finance and accounting outsourcing trends show even more interest in third-party providers and a greater investment a
2、ppetite for transformation.Consider these recent statistics:Despite uncertain economic conditions,the Finance&Accounting Outsourcing(FAO)market has demonstrated remarkable resilience,with robust growth in 2024(10%)and a double-digit growth forecast(10-12%)through 2026,with projected sustained expans
3、ion in the coming years,according to research from Everest Group.1 This growth goes beyond the mature North American market,according to an Everest Group article.2 Geographies such as Latin America(LATAM)and industry segments such as retail and CPG,healthcare,and travel and logistics are witnessing
4、a recent surge in FAO demand,indicating increasing openness to leveraging third-party support for finance and accounting(F&A)operations.Finance represents the top business function outsourced performed by more than 90%of shared services and outsourcing organizations globally.More than half of financ
5、e organizations outsource processes,according to the Deloitte 2023 Global Shared Services&Outsourcing Survey.3 FAO service demand is changing.Mature buyers are now open to leveraging third-party support across more complex,judgment-intensive processes;for example,67%now perform decision support(fina
6、ncial planning&analysis or FP&A)via shared services centers something that was not common as recently as 2017,according to the Deloitte report.Reducing operational costs remains a CFO priority amid economic,political,and regulatory uncertainty,with 84%currently delaying at least one investment decis