These days CFOs of companies are in a dilemma regarding the outsourcing option. Though at board level outsourcing is accepted fairly and is regarded as a valuable business deal but they are having a difficult time implementing it. CFOs are engrossed in work which could have been outsourced and as of now they are involved in day to day tasks when they could have used this same time for medium and ling term issues. As a result companies don’t get enough time for managing core business opportunities.

Even the CFOs are wary of outsourcing their accounting and finance functions as compared to other areas due to the problems posed by regulation and compliance. Though there seems to be a willingness to undertake outsourcing but fear over losing direct control and the extra workload is acting as a roadblock in changing their minds. This scenario can only change when the top management takes proper interest in implementing outsourcing.

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