It’s an alphabet soup…start with BRICs, move to CIVETS

Add bookmark
CIVET: Is it a small, lithe-bodied, mostly nocturnal mammal native to tropical Asia and Africa? a musky scent used in perfume or a rock band? No! – it’s the acronym for the next generation of offshoring locales. As the developing world develops, the thirst for cost arbitrage pushes shared services and outsourcing leaders farther afield into newer frontiers. Today, the BRIC economies (Brazil, Russia, India and China) are looking more and more like their Western counterparts with r...
To continue reading this story get free access

Latest Webinars

Getting Ahead of Spain’s E-Invoicing Deadlines: Practical Steps for O2C and P2P Leaders

2026-10-27

03:00 PM - 03:45 PM CET

Spain's phased B2B e-invoicing rollout under Ley Crea y Crece is rapidly moving toward enforcement....

Powering the Future of Indirect Tax: Connected Compliance, Driven by Intelligence

2026-10-20

10:00 AM - 10:45 AM BST

VAT compliance is entering a new era, and it's a preview of what's coming across indirect tax more b...

Your Contracts Said One Thing. Your Invoices Say Another. Let's Fix That.

2026-10-20

11:00 AM - 11:30 AM EDT

How much of your AP process depends on information you can't easily access – buried in contracts, sc...

Recommended