CFOs tout virtues of a smaller finance staff

11/2/2010 | CFO Magazine

Even as the economy recovers, some chief financial officers are still looking for ways to streamline operations and keep staffing to a minimum. The average finance department has shrunk by nearly one-third during the past six years as the result of factors such as technology and outsourcing, The Hackett Group reported. The shift is focusing demand on highly skilled employees who can talk strategy at home while managing an offshore team, executives said.

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