API Releases White Paper: Finance & Accounting Outsourcing (FAO): Leveraging Cloud Computing to Put Focus on Top Business Strategies and Drive Permanent Cost Reduction
Focus and Prioritization Ultimately Come Down to Financial Investments
St. Paul, MN (PRWEB) March 27, 2012
API Outsourcing, Inc. (API) a leading onshore Finance and Accounting Outsourcing (FAO) provider of innovative state-of-the-art document management, Procure to Pay (P2P), Order to Cash (O2C) and accounting services announced the release of Finance & Accounting Outsourcing (FAO): Leveraging Cloud Computing to Put Focus on Top Business Strategies and Drive Permanent Cost Reduction white paper.
Business enterprises must focus their investments and their efforts on core business strategies such as growth, customers, reducing costs, new products or services, and operational results. CFOs/Controllers managing the F&A function must continue to drive towards permanent cost reduction in O2C, P2P, and R2R not only through outsourcing, but with an outsourcing service provider who leverages cloud computing and technology. This is the only way to achieve permanent cost reduction and eliminate or reduce the need for “off-shore” labor. In this age of cloud computing, FAO combined with Software as a Service (SaaS) — when controlled properly to meet a customer´s needs and ensure security, reliability, and availability — can be leveraged successfully to allow a business enterprise to both keep its focus on core business strategies and drive permanent cost reduction.
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Gary Dion is Vice President of Technology for API Outsourcing. Gary leads the systems development and information technology initiatives that have delivered a highly resilient and secure web-based service infrastructure for API´s Automation Platform. Gary brings more than 25 years of experience in executive and technical management, and consulting experience, serving previously with companies including Unisys, Compuware, and Ceridian. His leadership experience includes internationally distributed technology product development and delivery operations.
About API Outsourcing
API Outsourcing, Inc., is a leading onshore Finance and Accounting Outsourcing (FAO) provider of innovative state-of-the-art document management, Procure to Pay (P2P), Order to Cash (O2C), and accounting services headquartered in St. Paul, MN. API was voted a top tier FAO service provider by a leading global independent outsourcing advisory firm. API transforms manual paper-dependent payables and billing processes through its imaging, bill delivery and workflow systems to minimize the labor intensive work associated with back-office processing and enable customers to focus on their core business. Outsourcing benefits include maximized cash flow through improved DSO and controlled DPO. This combined with reduced processing costs, increased business intelligence and improved customer and vendor relationships; provides the ultimate value proposition around permanent cost reduction. API currently processes over one hundred million transactions annually, delivers world-class quality, provides exceptional customer satisfaction, utilizes Six Sigma practices and performs a SSAE 16 Audit annually. For more information, please call, +1.651.675.2600 or visit http://www.apifao.com.
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