FAO Research, Inc., the only research firm focused exclusively on the Finance & Accounting Outsourcing (FAO) market, has announced that its latest research showing a 40 percent, one-year increase in FAO contract signings in 2005, with the lion's share of business won by Accenture and Capgemini. Further, the firm predicts that by the end 2006, there will be an additional 60 percent growth in the number of FAO contracts closed than in 2005.
Leading Research Firm Predicts 60% Growth in Finance & Accounting Outsourcing in 2006
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