As corporations continue to seek new ways to drive savings and efficiencies in finance and accounting outsourcing (FAO), it remains essential that decision-makers are aware of the changing nature of such projects due to new processes, impacts of RPA and compelling new geographic options.
Nearshore Americas, in partnership with the Trinidad and Tobago International Financial Center (TTIFC), will be offering practical tips and real-world guidance on this topic in an exclusive webinar, titled ‘The Essential Checklist for Embarking on Your Finance & Accounting Outsourcing Journey‘.
Taking place on Wednesday, October 11, 2017 at 1:00 PM Eastern Daylight Time, the webinar will tackle numerous discussion points, such as how service providers can deal with the challenges posed by new technology solutions like robotic process automation (RPA).
The webinar will also shed light on the growing popularity of Trinidad & Tobago for nearshore FAO operations — low energy costs, a strong English-speaking population, and tax incentives are some of the major advantages that are luring foreign firms into setting up shop on the Caribbean island. Reports say the Caribbean country has the highest per-capita population of accountants in the world.
“We have nearly 3,000 accounting professionals readily available for hiring,” said Aliyah Jaggassar, Vice President (BPO/SSD) at the TTIFC and one of the expert speakers joining the webinar.
“Thanks largely to our large oil and gas industry, we have daily flights to most US cities. Electricity is relatively cheap in Trinidad. And it is easy to set up operations in the country, because even the real estate is not expensive.” she added. Despite is relatively small size, Trinidad is home to captives and back offices for some of the world’s best-known financial and business consulting firms, such as Ernst & Young. It also has shared services centers owned by Canada’s large financial services firms, including Scotiabank and Royal Bank of Canada (RBC).
Deep diving into these topics, and joining Aliyah Jaggassar, are Raul Vega, CEO at Auxis Consulting & Outsourcing Services; Angela Lee Loy, Chairman at Aegis Business Solutions; and Richard Downie, Senior Director, Service Delivery South (Caribbean) at Royal Bank of Canada, who will lead a discussion on RBC’s shared services experience in the Caribbean.
This webinar is not to be missed, as it will help tackle some of the biggest questions that senior finance executives face when contemplating the services of third-party FAO partners.
Our great line up of speakers will focus on the process, risk, and rewards of conceptualizing and migrating to outsourced models, as well as current trends and drivers within the selection process for operating platforms and how to assess talent in new geographies.
To register for this webinar and for more information, click here.