Press Release

Avasant CFO speaks on Finance & Accounting Services at the IOFM’s Controllers Summit

Los Angeles, USA - Oct 30, 2012 - Avasant Chief Financial Officer and Sr. Partner, Mr. Bob Randolph addresses leaders, practitioners and thinkers at the IOFM's 2nd Annual Controller's Summit 2012 in Las Vegas, Nevada held from October 15-16, 2012. The Annual Controller's Summit is the only Controller focused educational and membership meeting that provides high level presentations in a true peer-to-peer networking event. At IOFM's 2nd Annual Controller's Summit, leading practitioners and thinkers provided innovative and informative ideas to overcome the challenges controllers face every day, and presented practical ways to improve department's operations, efficiency and value. Speaking at the summit, Avasant CFO, Mr. Randolph noted "As service delivery organizations have matured, there has been an increasing trend to not just outsource the Transaction based processes but also knowledge based processes." A closer look at the process performed out of Shared Service Centers suggests that services are expanding into analytical functions such as External Reporting and Cash Management. F&A BPO (FAO) has evolved over the past many years and comprises of 23% of all outsourced BPO activities added Mr. Randolph. About Avasant Avasant is a next generation top management consulting, research and events firm servicing global clients across the public, private, and non-profit sectors. Avasant's talented team of consultants, lawyers and technologists average over 20 years of industry-honed experience and have conducted over 1,000+ engagements in over 40 countries worldwide. Avasant is recognized as a leading Strategic Sourcing, Technology Optimization and Globalization Consulting firm. According to the International Association of Outsourcers (IAOP), Avasant is ranked among the "World Best Outsourcing Advisors". Further, Avasant holds honored distinctions as the Black Book of Outsourcing's ‘Number 1 BPO Advisor' and ‘Top 10 Full Service Advisor'. For more information on Avasant, please visit For more information, Contact Avasant LLC Voice: +1.310.643.3030 Fax: +1.310.643.3033