Drive Procure to Pay Optimization and Growth with Digital Transformation
Drive Procure to Pay Optimization and Growth with Digital Transformation Time after time, statistics show a strong correlation between a well-defined procurement process and healthy corporate performance. A strong procurement function, irrespective of industry, results in higher revenues and reduced procurement process costs which means it is imperative to ensure the procurement function is optimized […]
Hyperautomation: The next big thing in process automation
Hyperautomation: The next big thing in process automation Hyperautomation has rapidly evolved from being optional to a must-have because of the increasing demand to shift to digital business models. CIOs and hyperautomation must use hyperautomation to optimize task-level digitization to achieve process agility and resiliency.Hyperautomation is not only about automating rule-based, repetitive tasks performed with […]
Future of RPA – Top Trends and Predictions
Future of RPA – Top Trends and Predictions Automation is progressing at an unprecedented rate both from the standpoint of technology itself and the ways in which it is delivering new growth and profit. Advancements in technologies such as Artificial Intelligence, Machine Learning, Natural Language Processing, Low Code No Code, and Image and Speech recognition […]
Good Practices in Scaling Your GBS Organization in 2022
Good Practices in Scaling Your GBS Organization in 2022 Enterprises are now shifting from managing disruptions to looking ahead to a new future with plans for innovation and growth. Global business services (GBS) play a central role in the organization with its 360-degree view across the business, both internally and externally. The next generation of […]
Good Practices in Achieving Procure to Pay Efficiency
Good Practices in Achieving Procure to Pay Efficiency A standard procure-to-pay process involves so many moving parts and stakeholders that streamlining things for efficiency could be strenuous. Poor supplier relationships, lack of transparency, outdated systems, absence of employee accountability, low levels of compliance, human error, and delayed timelines are just a few of the many […]
Digital Transformation Trends Transforming the BFSI Industry in 2022
Digital Transformation Trends Transforming the BFSI Industry in 2022 Over the last couple of years, digital technologies have been transforming the BFSI industry globally. Banking, Insurance, and Financial Services enterprises have leveraged virtual platforms to reach and engage a wider set of customers on a comprehensive aspect. The challenge that BFSI enterprises have been facing […]
Process Mining – An Enabler of Digital Transformation
Process Mining – An Enabler of Digital Transformation Digital transformation initiatives have been a crucial imperative of corporate strategy all across the globe for quite some time now. The ever-changing global markets and fierce competition has forced organizations to look inwards for opportunities to reduce costs and compete on efficiency rather than throwing money at […]
Trends Shaping Shared Services Transformation in 2022
Trends Shaping Shared Services Transformation in 2022 Shared Services have been an evolving service delivery operating model for the past few decades as large businesses across the globe are increasingly using shared services models to support a variety of functions. However, the current ongoing pandemic has challenged the conventional set-up of shared services and forced […]
The Importance of Effective Supplier Relationship Management
The Importance of Effective Supplier Relationship Management The recent pandemic has affected every part of the supply chain, from sourcing to end customer, and has tested the operational, financial, and organizational resilience of the majority of enterprises across the globe. Supplier relationship management, therefore, is more important than ever in evaluating the risks, understanding the […]
Accelerating Supply Chain Transformation with Digital
Accelerating Supply Chain Transformation with Digital Digital transformation enables organizational flexibility in business process automation and accelerates supply chain innovation. Supply chains have been lagging in adopting digital transformation compared to other industries, and the ongoing pandemic has pointed out the necessity of digital transformation in supply chains. Only a minuscule percentage of supply chain […]
