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General and Administrative Outsourcing Market 2018–2020 : Global Drivers, Opportunities, Trends, and Forecasts

PUNE, INDIA, February 21, 2018 /EINPresswire.com/ --
WiseGuyReports.Com Publish a New Market Research Report On –“ General and Administrative Outsourcing Market 2018–2020 : Global Drivers, Opportunities, Trends, and Forecasts”.

Description:

The analysts forecast the global general and administrative outsourcing (GAO) market to grow at a CAGR of 3.5% during the period 2016-2020.

With fast changing technological trends, companies need to adopt best practices, new technologies, or transform business models. For instance, growing pressure to optimize business performance has forced many finance executives to look for new strategies that include outsourcing F&A-based services. These factors have made companies operating business in several industry verticals to look for new strategies to align people, operate process, and technologies.
Organizations adopt advanced IT solutions such as cloud computing, analytics, virtualization, mobility solutions, and digital technologies. The digital transformation in the BFSI, healthcare, telecom, and manufacturing sectors requires efficient planning processes to manage G&A costs. BPO is not new to the IT industry, and many organizations have partially or wholly outsourced their functions such as F&A and HR. Organizations facing difficulties in managing G&A expenses require G&A outsourcing services. The G&A cost applies to each of the functional department, which increases over a particular time frame.

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Covered in this report
The report covers the present scenario and the growth prospects of the global general and administrative outsourcing (GAO) market for 2016-2020. To calculate the market size, we consider revenue generated from BPO vendors that offer GAO solutions. We also consider the total contract value (TCV) of GAO contracts awarded to vendors to provide GAO solutions.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

The report, Global General and Administrative Outsourcing (GAO) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Accenture
• Capgemini
• IBM
• Infosys
• TCS

Other prominent vendors
• ADP
• Aon Hewitt
• Cognizant Technology Solutions
• EXL Services
• Genpact
• GEP
• HCL Technologies
• HP
• NGA HR
• WNS
• Xerox

Market driver
• Need to standardize and optimize business
• For a full, detailed list, view our report

Market challenge
• Shortage of skilled GAO IT professionals
• For a full, detailed list, view our report

Market trend
• Increased adoption of analytics
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Report Details @ https://www.wiseguyreports.com/reports/533561-global-general-and-administrative-outsourcing-market-2016-2020

Table Of Contents – Major Key Points

PART 01: Executive summary
• Highlights

PART 02: Scope of the report
• Market overview
• Countries covered
• Top-vendor offerings

PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights

PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis

PART 06: Market segmentation by solutions
• Global GAO market by solutions
• FAO
• Recruitment process outsourcing (RPO)
• Payroll outsourcing
• Procurement outsourcing

PART 07: Geographical segmentation
• Global GAO market by geography
• Americas
• EMEA
• APAC

PART 08: Market drivers
• Need to outsource indirect procurement functions
• Need to standardize and optimize business process
• Drive for multi-process outsourcing services
• Cost control through innovative technologies

PART 09: Impact of drivers

PART 10: Market challenges
• System integration and interoperability issues
• Shortage of skilled IT professionals
• Lack of control over outsourced G&A process

PART 11: Impact of drivers and challenges

PART 12: Market trends
• Increased adoption of analytics
• Emergence of RPA
• Upsurge of BPaaS
• Rise of AI

Continue……

For more information or any query mail at sales@wiseguyreports.com

ABOUT US:
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.

Norah Trent
wiseguyreports
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