K2's 2024 Effective Automation And Outsourcing

Overview

Automation and outsourcing offer viable options for addressing today’s labor issues. In this session, you will learn about the potential benefits and risks associated with automation and outsourcing.

Prerequisites

Fundamental understanding of business-related technology

Objectives

• Identify at least three business processes that can be made significantly more cost-effective using automation and outsourcing
• Identify at least three tasks that are not appropriate for offshore outsourcing and automation
• Identify at least one service provider or technology solution discussed in the course which provides a solution to a common accounting-oriented task
• List examples of why outsourcing and automation have been used in enterprises and multinationals but have weak adoption in small and mid-sized businesses

Highlights

• Overview of how firms and businesses currently use automation and outsourcing
• Discussion of the management and regulatory compliance issues with offshore and onshore outsourcing use in small and mid-size organizations
• Review of which tasks are best suited for offshoring, which solutions are best for onshore outsourcing, and which solutions can be solved with technology
• Discussion of specific solution providers which provide solutions for tax and accounting firms as well as internal accounting departments