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Overnight To India
Oleh:
Danziger, Elizabeth
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Journal of Accountancy vol. 189 no. 6 (2000)
,
page 57-60.
Topik:
cpa firms
;
overnight
;
india
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ85.10
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
It sounds like magic : Send your back - office chores away at night and find the finished work waiting with your e - mail in the morning. Believe it or not, some CPA firms are doing it : e - mailing tasks to accounting and programming personnel in India, where the workday begins just as Americans head home. There, Indian professionals process the files and transmit the results electronically before dawn breaks in North America. How has this come about ? Some U. S. firms have started their own offshore operations because an international partner had a few contacts back home in his native country. Other firms deliberately have sought strategic alliances in foreign markets. Regardless of how these CPA s made contact, they share a secret that may revolutionize back - office operations for firms and corporations throughout the United States : They have learned to leverage the intellectual skills and technical training of workers in India. Blieden Foerster & Co., a three - partner, full - service CPA firm in Dallas, is one of the trailblazers of this new trend in international cooperation. Partner William M. Foerster hired Shiv Bhupathi (pronounced boo - pa - tee), who was born and reared in Hyderabad, India, before emigrating to the United States and getting an MBA. Realizing that the firm could save immensely on labor costs by hiring personnel overseas, Foerster and Bhupathi set up Foerster Bhupathi International in Dallas and established an office in Hyderabad. At first, most of the company’s work stemmed from the CPA firm’s litigation services clients. “Litigation support work generates a lot of information that needs to be quickly read, interpreted and entered into the database. Our Indian staff had the analytical and the data - processing skills to help us,” says Foerster. Now Foerster Bhupathi employs 50 people in its two offices. It offers financial consulting, business reengineering and software development services. Another CPA firm prospering from Indian manpower is Lattimore, Black, Morgan & Cain PC, a midsize firm in Nashville, Tennessee. The 16 -partner firm set up an affiliate company called LBMC Employee Benefits Group in Nashville, which uses lower cost personnel in India to make the CPA firm’s retirement plan business more cost - effective.
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