Financial Process Outsourcing

A higher turnover, more comfortable margins and lower costs are the most important objectives for you as entrepreneur or financial decision-maker. BDO can help you achieve those objectives with Financial Process Outsourcing (FPO).

Outsourcing your financial processes at BDO is an excellent alternative to outsourcing outside the Netherlands: it is the same convenience, but closer to home. Our consultants know all the ins and outs of process improvement and optimisation. Thanks to their operational excellence your finance and accounting processes are in good hands with us. Our competitive price-performance ratio not only delivers costs savings but also a substantial performance improvement.

Realising strategic goals

Our FPO is much more than financial transactions and accounting: we optimise not only processes but also business results. We are a proactive sparring partner who helps you realise your strategic goals.

We have applied our experience with innovative ICT solutions, Lean Six Sigma and other methods for process improvement to the finance and accounting processes of a large number of national and international businesses. We deliver our services from the Netherlands, where necessary supported by knowledge from our international BDO Network.

Transparent and phased approach

Outsourcing financial activities is a big step: it concerns crucial business processes. This is why we use a phased approach, giving your organisation time to become familiar with the changes. Transparency and collaboration are our main principles.

Phase 1: Intake

During the intake phase we discuss your financial and accounting processes with you. We prepare an overview of existing challenges and problem areas and use this to compile a report. which broadly describes your current process and the optimisation possibilities. We also provide a cost indication of outsourcing a process to BDO.

Phase 2: Process optimisation

Together with you and your employees, we redesign current processes. where we make full use of our online systems, reducing manual input to a minimum. The result of this phase is the redesign of your processes and a specified cost indication of outsourcing these to BDO.

Phase 3: Outsourcing

We set up the new process that was outsourced to us. We make clear agreements about matters such as role allocation, expectations and processing times and these will be laid down in service level agreements;. After a brief shadow-run period we take over the new process and take responsibility for the daily financial audit an reporting.

Why BDO?

  • We deal with your issues in a multidisciplinary, proactive and pragmatic way.
  • We have demonstrable experience in Financial Process Outsourcing projects for medium-sized and large organisations.
  • We combine our innovative ICT platforms with our expertise in the field of accounting, reporting and commercial advice.
  • We guarantee a high standard of service at optimum prices
  • Our work methods are efficient and transparent. We make clear price agreements in advance so you will not be faced with unwelcome surprises.
  • As standard, we build a long-term, personal relationship with our clients. You will have a regular adviser as your point of contact and. you will frequently be in touch with him or her.

Contact

If you would like to know more about what the Financial Process Outsourcing options from BDO can do for you, please contact us on telephone number +31 88 236 48 88.

Alexander Leppink

Alexander Leppink

Partner BDO Outsourcing | BDO Digital
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