BERLIN, November 19, 2012 /PRNewswire/ --
The documents for tax returns have been sent, documents are
sorted and there will be a recalling of invoices paid: It's all
done automatically, reliably and securely. This is what the young
business "Smarchive" is promoting for its Cloud-Archive. Financial
Times Deutschland reported that their idea has impressed
large-scale industry so much so that the telecommunications giant
Telekom has invested in the start-up. On a small-scale, this has
displayed something of interest for many companies. The outsourcing
of financial processes of companies is one of the themes of the 7th
Annual Shared Service and Outsourcing Woche 2012 in Berlin. Experts from Germany Trade &
Invest will be on site from November 20 to
23.
"The outsourcing of accounting and financial accounting is not
so well established in Germany.
Although the recent trend study of PAC (Pierre Audoin Consultants)
has shown that one in six companies in the DACH region -
Germany, Austria and Switzerland - have outsourced. However, over
the next three years, a growth of around 15 percent is expected in
this area," said Dr. Josefine
Dutschmann of Germany Trade & Invest.
According to a study, the main reason for reluctance is due to a
lack of experience with financial service providers. Of particular
importance is that the company would offer individualized services.
In contrast, high savings for many in the German market are not
that important. Consequently, the outsourcing of services to
low-wage countries is not necessary and is therefore
counter-productive, as the study participants would prefer local
service provisions.
"This shows that even in this sector, investing in Germany has its advantages. The Annual Forum
will discuss the latest trends as the German shared services and
outsourcing community meets in Berlin," said Josefine
Dutschmann further, "there is no better opportunity to meet
the market than this."
Germany Trade & Invest is the foreign trade and
inward investment agency of the Federal Republic of Germany. The organization advises foreign
companies seeking to expand into the German market. It supports
German companies that seek to enter foreign markets, with foreign
trade information.
Press contact
Andreas Bilfinger
T. +49(0)30-200-099-173
M. +49(0)151-171-50012
F. +49(0)30-200-099-511
Andreas.Bilfinger@gtai.com
http://www.gtai.com
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SOURCE Germany Trade and Invest