The result is so to say a bit predicted. Everest Research Institute, the consulting firm has predicted that overall the global finance and accounting outsourcing market will grow by more than 30 percent in 2007. In 2005 the global finance and outsourcing market has grown by more than 45% and has $2 billion mark in expenditures in the United States alone.
It's "Finance & Accounting Outsourcing Annual Report 2006," stated that North America based outsourcing contracts contributes to more than 50% of FAO revenues. The study has found out that total number of multi process FAO contracts doubled between 2004 and 2006.
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