FinanceTechNews.com » No. 1 reason CFO’s tap consultants is…

No. 1 reason CFO’s tap consultants is…

January 13, 2009 by Valerie Helmbreck
Posted in: Budgets and spending, Communication, IT employment, In this week's e-newsletter, Latest News & Views

While most organizations will be steering clear of pricey consultants for the near future, it doesn’t mean they’ve sworn off them for good.  In fact, many Finance execs say they’ll tap consultants in the next few years.

Some cite the cost savings of hiring experts temporarily for projects or programs — especially in IT –  without having to formally add employees to the benefits and compensation roles.

If you’re considering when and how to use consultants, check out what other companies told the folks at Robert Half they’ll be using them for in the near term:

  • financial system upgrades (37%)
  • business process re-engineering (13%)
  • turnaround management (10%)
  • mergers and acquisitions (8%), and
  • corporate governance (6%).
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