SV Components defines Finance and Accounting (F&A) Business Process Outsourcing (BPO) as the delegation of finance and accounting activities to a third-party service provider. F&A BPO services allow finance organizations to access finance process improvement expertise, hyperautomation1 technology solutions, and transformation methodologies thereby supporting the digital optimization of finance operations.

Globally, finance and accounting outsourcing companies are burdened with the responsibility of restructuring processes, retaining compliance & optimizing expenditures, concurrently. However, maintaining this balance can be a strenuous task. Experienced Finance & Accounting (F&A) Outsourcing partner can manage the finance and accounting pressures company faces and reduce their work burden, minimize their operational costs and improve the efficiency. Efficient management of finance and accounting business process outsourcing helps companies to increase the business financial agility.