BAS Firms Primed for Subprime Windfall
We hesitate to characterize consultants as ambulance chasers, but Business Advisory Services (BAS) firms, especially those that provide financial risk
management, forensic accounting, and litigation support services, readily admit they are keeping their eyes on counter-cyclical opportunities resulting from the subprime meltdown.
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Outsourcing's Steep Learning Curve
The demand for outsourcing continues to be strong in the US and across the globe. Although the subprime turmoil may slow deals coming out of the US financial services sector, the economic slowdown seems to be driving an increased client focus on the cost savings that can be achieved from outsourcing.
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Online Consulting Gains Momentum
Online solutions for delivering consulting services are being launched at a quickening pace. Some firms are doing this to maintain ongoing relationships with clients after engagements end. Others promote the convenience of online knowledge transfer for busy managers. Revenue generation includes annual subscriptions, per-hour charges, and pay-as-you-go fees.
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