Establishing KPA/KPI or Performance Metric For Outsourcing The Accounting Function (Part 3)

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It’s crucial to maintain certain performance metric so that the company can measure the efficiency of  the accounting and bookkeeping services provided by the outsourced providers.

The key performance metric can be demarcated into the different areas if the functions are being outsourced:

 

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What are the advantages and disadvantages of Outsourcing The Internal Audit Department of a Company. Give some KPA/KPI to measure the performance of the outsourced provider.

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There are advantages and disadvantages of outsourcing your company’s internal audit function. Also,do you know how to measure the performance of the outsourced provider? I have tabulated below the advantages and disadvantages and some measurements to assess the performance of the outsourced provider.

ADVANTAGES:

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