ABSTRACT
HEIs have shown an increasing tendency to market test and, possibly, outsource certain services to the private sector. This has two implications for the finance function:
the finance function will need to provide financial input into any market testing/outsourcing evaluation;
the finance function will need to consider to what extent it should outsource some of its own activities. The most likely candidates for such market testing are payroll, creditor payments, debtor control and collection and internal audit.
