Market Research Update Global General and Administrative Outsourcing Mark
General and Administrative Outsourcing Market by Region, Application, Trends and Forecast To 2020
With fast changing technological trends, companies need to adopt best practices, new technologies, or transform
business models. For instance, growing pressure to optimize business performance has forced many finance
executives to look for new strategies that include outsourcing F&A-based services. These factors have made
companies operating business in several industry verticals to look for new strategies to align people, operate
process, and technologies.
Organizations adopt advanced IT solutions such as cloud computing, analytics, virtualization, mobility solutions,
and digital technologies. The digital transformation in the BFSI, healthcare, telecom, and manufacturing sectors
requires efficient planning processes to manage G&A costs. BPO is not new to the IT industry, and many
organizations have partially or wholly outsourced their functions such as F&A and HR. Organizations facing
difficulties in managing G&A expenses require G&A outsourcing services. The G&A cost applies to each of the
functional department, which increases over a particular time frame.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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outsourcing-market-2016-2020
Key vendors:
- Accenture
- Capgemini
- IBM
- Infosys
- TCS
Other prominent vendors:
- ADP
- Aon Hewitt
- Cognizant Technology Solutions
- EXL Services
- Genpact
- GEP
- HCL Technologies
- HP
- NGA HR
- WNS
- Xerox
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Market Driver:
- Need to standardize and optimize business
- For a full, detailed list, view our report