Russian Outsourcing Market 2019: Annual Result

The list of the top groups and companies engaged in accounting outsourcing for the year 2018, prepared by RAEX (RA Expert is Russia’s oldest credit rating agency) has been published in the attachment to the Russian business newspaper Kommersant.

This is a landmark event, as the ranking is the only reputable source of information that reflects the general situation of the industry and presents the dynamic analysis as for individual companies and groups, so the entire outsourcing market.

We are happy to see that ABU continues its stable development, and in 2018, our company has improved its position; now we are the 14th in the list of the top Russian outsourcing companies.

The upward growth by two positions compared to 2017 has become possible due to steady improvement of our company. Our team makes every effort to ensure that the sustainable development of ABU continues, and in Russia, our customers always receive excellent services under superior terms.
 
 
Svetlana Vesnina, Managing Partner of ABU Accounting Services, speaks about the future of the outsourcing market:
 
‘We see the growing demand of integrated approach to outsourcing, therefore along with the “classic” accounting functions, like accounting and payroll, we offer the solutions tailored for individual tasks and objectives by our clients. For example, small companies that have no legal adviser in their staff are interested in the corporate secretary services included in our package proposal.
 
As for other promising areas, I consider digitalization of accounting functions is quite a logical process. The customers are interested in the IT solutions that allow, for example, recording the employees’ working time integrated into payroll process.’