For two straight years the outsourcing division of BDO group in Russia is among the liders in the sphere of outsourcing of accounting functions. This was supported by the data of an independent rating of the largest companies in the sphere of outsourcing of accounting functions published in the business weekly “Expert” in June 2011.
The “Expert” magazine rating dedicated to outsourcing market survey, based on the results of revenue that companies received from accounting functions outsourcing in year 2010, was published in the frame of annual project “Russian audit and consulting”.
According to the rating results the outsourcing division of BDO group in Russia is among the market liders with consolidated revenues in the amount 348 778 000 rubles from services in the sphere of statutory and fiscal accounting, payroll and HR administration, preparation of statutory and fiscal accounting reporting and other directions in the sphere of outsourcing. According to the results of the previous year the growth of revenue is 9.3% that shows improvement of the company’s business in the sphere of outsourcing.
Sergei Tiunov, General Director:
- The “Expert” magazine rating surely gives valuable information for market players. The authority and business reputation of Expert RA rating agency guarantees the quality and credibility of this information. Entry of companies that did not make themselves known earlier proves both high market interest to this rating and trust to its’ results. In year 2010 our revenues grew by 9.3%. In year we can see business growth accelaration that allows us to talk about growth rates of nearly 20% in year 2011 in spite of the conditions of freshness and fragmentarity of market marked by the main market players.
- The “Expert” magazine rating surely gives valuable information for market players. The authority and business reputation of Expert RA rating agency guarantees the quality and credibility of this information. Entry of companies that did not make themselves known earlier proves both high market interest to this rating and trust to its’ results. In year 2010 our revenues grew by 9.3%. In year we can see business growth accelaration that allows us to talk about growth rates of nearly 20% in year 2011 in spite of the conditions of freshness and fragmentarity of market marked by the main market players.
Lyudmila Shusterova, Deputy General Director on marketing and business development:
- The market of accounting functions outsourcing in Russia is young, it is less than 20 years, it is just shaping. I believe that regular rating of service providers in this sphere is very useful, first of all for potential clients. They have an opportunity to get true information about market liders from an independent magazin “Expert”. As we can see from this rating the forwth of market in 2010 is a bit lower than in 2009, however there is some growth. And we expect further growth that will allow market liders to offer more profitable and efficient solutions to clients.
- The market of accounting functions outsourcing in Russia is young, it is less than 20 years, it is just shaping. I believe that regular rating of service providers in this sphere is very useful, first of all for potential clients. They have an opportunity to get true information about market liders from an independent magazin “Expert”. As we can see from this rating the forwth of market in 2010 is a bit lower than in 2009, however there is some growth. And we expect further growth that will allow market liders to offer more profitable and efficient solutions to clients.
