Business looks like it still has a sound backup in the economy this year. With 2011 forecasts raised from 3.3 to 4% according to the World Bank last year, the bigger economic picture seems to stand its ground even despite social and political turmoil plaguing the country.However, mid-sized and even large companies are gearing for the fickle nature that the economy tends to have, and have made it a point to bring back focus on their company's core accounting and finance functions. Outsourcing has been made possible for those who have been cutting budgets and downsizing the number of employees. Another possible option, however, without having to outsource is to enhance the current employees' knowledge and skills and provide them with trainings for various finance, accounting and tax functions.
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