GLOBAL BUSINESS SERVICES Partnering For Successful Execution in Global Business Services Genpact Global business services (GBS) organizations, central operating centers and shared service centers (SSCs) are not new. But even the best efforts from CFOs to establish such operations can still lead to unexpectedly disappointing returns. Most initiatives often see a mere 10 percent return on investment within the first year, As many as one-third of all such transitions fail to ever achieve anticipated cost savings. The most successful centers operate like commercial entities that aggressively sell their services to internal clients and drive improved business outcomes. But most organizations never reach this best-in-class level. The following white paper shares insights on how results can be better, faster, and more predictable. 1. Insights On Global Business Services process expertise, proven change-management techniques, and relevant vertical/horizontal experience. The term “global business services” (GBS) has emerged to describe the delivery of mature, high-performance, shared services/back offices in enterprises today. Typical benefits of GBS delivery centers, including shared services, are typically led by 10-30 percent cost savings, as well as substantial improvements in information delivery and analytics, better customer service, a greater ability to support broader geofootprints, easier M&A synergies, and better cost variability . Although the ”right” resourcing mix varies from company to company, leveraging partners properly increases the total value of the GBS organization by optimizing labor arbitrage, improving diversification (reducing risk), balancing control and access to leading practices and technologies, and making the most of economies of scale. Genpact believes a strong partnership throughout the development and operation of a GBS organization increases its strategic alignment with the According to HfS Research, 97 percent of these mature organizations combine internal and outsourced delivery. However, internal and external organizations can still view enterprise strategy, while improving cost performance by as much as 23 percent, and operational effectiveness by at least 15 percent. their relationship as somewhat adversarial, which can mean that enterprises fail to leverage the expertise and value that 1.1 Strategy outsourcing providers can bring to the table. The right provider Virtually all successful GBS organizations are built to support accelerates benefits and improves performance by applying a business strategy. Ultimately, of course, the cost concerns dominate, although many organizations implement GBS • Choose partners that are comfortable in a mixed- strategies to support efficient global expansion and create delivery mode - The more they view internal resources process consistency. The success of a GBS initiative is highly as “competition,” the more the relationship is likely to be correlated to a solutions focus. The goal should never be to unproductive. A provider relentlessly focused on expanding “build a data warehouse,” for example, but to more broadly scope is not pursuing a strategic relationship. Companies improve management decision-making. All high-performing GBS organizations define their metrics in terms of tangible business outcomes and articulate their services as meaningful contributors to the success of the business. A significant majority of GBS organizations themselves operate quasi-commercial entities that must deliver consistently to earn customer trust. This is a huge - and often difficult - change for internal organizations and an important area where the right that have “done it” generally outperform companies that only consult on GBS implementations. • Mix local and global delivery - Not all processes lend themselves equally to global delivery. A trusted partner helps in an honest analysis of what works remotely and what doesn’t. • Mix internal and external delivery - No successful GBS organization has an all-internal or all-external delivery model. • Run the GBS entity like a commercial entity - The provider plays a key role. Outsourcing providers themselves competitive and financial focus that this approach promotes live and die by the success and profitability of the services drives accountability and transparency, both of which are they provide. As such, they can teach and coach the GBS critical to change management and user acceptance. organization on how the business services world works. • Modularity is key - With M&A activity increasingly To make GBS initiatives successful, outsourcing providers and common, the ability to “break off” a portion of a process or clients should build strategic relationships based on shared system is one way that GBS organizations prove their value. business goals. These relationships are far more consultative Un-complicating complicated splits is a huge win for a GBS than tactical. In fact, the advice can be completely decoupled organization. Delivering on modularity means designing from “regular” service delivery, as long as the advice leverages modular processes, systems, and contracts. the lessons gained from delivering business services to other enterprises. In developing a strategy, enterprises should focus on creating an environment in which external and internal delivery don’t merely coexist. They actually thrive because the unique contributions from each model add up to more than • Individual executive accountability - Enterprises with designated single points of global accountability fare much better. Process executives should have both financial and operational responsibility. the sum of the parts. By contrast, a tactical relationship does • Executive stakeholder engagement - Success requires not support strategic outcomes. This level of collaboration is a delicate balance of ownership and executive—usually very difficult to achieve, but the benefits justify the effort. CEO-level—mandate. There is no single prescription for 1.2 Implementation best-practice governance, since culture and history vary greatly. However, the likelihood that an external provider has According to HfS Research, two-thirds of GBS organizations seen a similar situation, with the corresponding scars and report a failure to invest sufficiently in training and a whopping experiences, is high. 76 percent report not engaging stakeholders properly. Change management itself is a missed opportunity for provider-client 1.3 Execution collaboration. While most enterprises endure changes like A sound strategy and a strong design and implementation this perhaps only once or twice in a generation, outsourcing are only the start. No results are achieved until the GBS providers do this hundreds of times each year. Providers organization executes. Here again, Genpact has identified manage large and talented change-management staffs that leading practices that require close collaboration among have seen many organizations, with many different cultures, internal and external delivery groups. centralize and standardize their back offices. With 61 percent of all enterprises admitting failure to apply proper changemanagement skills, provider expertise is often a woefully underleveraged asset. First, GBSs must outperform the incumbent processes by a wide margin for business units to perceive them as even equal to the past. Objective measures can help tell the story, but soft metrics and subjective perceptions have an outsized impact. Beyond the significant human challenges of implementation, Human nature makes people more resistant to new processes, the following best practices, when applied during the design/ methods, and services. Few organizations understand this implementation phase, correlate positively with long-term better than experienced outsourcing companies, which face success: this challenge with clients every day. Once the GBS organization is running stably, it must relentlessly comprises the priority processes and financial metrics. The focus on process improvement and efficiency. Disciplines like following is a framework for selecting the most appropriate lean six sigma and P-CMM Level 5 can support increases in business case for a shared services setup. performance and tell the story of GBS success at operational and cultural levels. These are techniques in which seasoned low High Cost outsourcing providers have vast experience, because change Illustrative Business case option#1 Business case option#2 is the lifeblood of their business. Providers must be able to Effectiveness Business case option#3 objectively demonstrate continuous improvement and progress toward business goals. Ease of org. change Speed of implementation Contrary to popular belief, GBS models drive greater up as quasi-commercial entities with SLAs and consequences for nonperformance, GBS groups are far more transparent and efficient than decentralized back offices. Examples of risks1 accountability into back-office processes. Provided they are set Supplier independence Legal risk Level of savings achieved or expected from shared services Respondents % 1.4 Bottom Line Figure 1: Business case selection scorecard For most enterprises, the shift to a GBS framework can lead to uncomfortable change issues. The wrong strategy will derail the The next step is organization design, based on the processes whole initiative before it starts, as will a lack of commitment you have identified. First, review the existing design and from senior decision-makers. Outsourcing providers that understand the roles/responsibilities and the control span. have operated as shared services themselves, acquired shared Prepare the organization structure and define the roles and services, or led transitions to global delivery have a wealth of responsibilities needed for seamless delivery. expertise that many enterprises fail to leverage. The lessons from experienced outsourcing providers are invaluable to enterprises embarking on the GBS journey and/or looking to 1 Benchmarking significantly enhanced performance in GBS organizations. 2. Best Practices For Global Business Services Building global business services (GBS), where some or all of business processes are run externally, requires changes to program management, people, processes, and infrastructure. This is best achieved in two phases: first, design and build the 3 Detailed country analysis 4 Evaluation criteria •Country risk •Labor costs •Labor force •SSC experience Location screening (site visits) General city analysis High-level analysis Country scoring model Qualitative city analysis improve GBS performance. Teams that sidestep adversarial relationships for solid client-provider collaborations drive 2 General country analysis Site analysis •Neutral perspective •Risk and regulation •Quality •Costs •Demographics •Completion •Education and validation •Language of selection proficiency process •Site scalability •All evaluation •Existing SCCs criteria applied Company-readiness •Infrastructure Minimum requirements for •SSC experience •Existing countries •Local operations company locations •Labor costs •Tax exemptions/ subsidies •Office rent Illustrative Analysis scope 40 countries 7 countries 2 countries & 6 cities Final site selection Figure 2: Approach used for site selection GBS, and then enable and improve it. This document sets out a series of key requirements and concrete steps for GBS success. 2.1 DESIGN AND BUILD 2.1.1 Program 2.1.1.1 Program planning The next aspect is site selection. There are three key parameters: finance, people, and business environment. When selecting a site, ensure you understand the local financial structure. Evaluate people skills and availability. Determine the size of the workforce, the skills they require, the range Build a business case that defines your criteria for success of necessary skill sets (including language), and the potential and priority processes. Use a scorecard based on predefined attrition rate. Here’s an example of a framework for site criteria to scope them. There are number of key criteria, selection. including the feasibility of decoupling, the legal impact, and the level of standardization required. Evaluate complexity and 2.1.1.2 Transition and change management skill availability in order to assess risk. It is important to know With the design phase complete, prepare a detailed project the speed at which in-scope processes can be centralized, the plan with key deliverables and milestones for transition. savings opportunity, and the effort and change management Templates should be transparent and methodologies clear so required. Based on these choices, prepare a business case that stakeholders can sign off with confidence that their needs will be met. It is important to define the transition procedures and communications for supervisory teams to manage resistance deliverables for each stage. A plan for knowledge transfer is and sustain change. essential, including documentation of processes, operational readiness, and team training and performance. When planning 2.1.1.3 Control assessment and framework a pilot, validate site readiness, define metrics for measuring This framework can mitigate the risks that arise during performance, and plan for production under supervision. transition processes. Dive deep into the processes to find incremental risks and map these to existing controls. Identify Anticipate Pre-change readiness (Organization, sponsorship and culture assessment) Categorize Internal and external key stakeholder analysis to ensure alignment, acceptance, to assess communication and training requirements Input Tools Interact Vision Execute control gaps for the activities to be transitioned and link these to activities upstream and downstream. Implement a riskcontrol matrix to ensure controls are not diluted. This helps provide assurance to management, SOX auditors, and internal The change management plan integrated with the Project plan will details all actions to be completed by client sponsors, identified change champions and Genpact teams auditors. A multi-tiered communication plan for internal and external stakeholders will create awareness of the need, desire to support and knowledgw required of the change 2.1.2 People 2.1.2.1 Recruitment Training workshops on managing virtual teams and metrics for the retained staff will improve client’s employee ability to support the change To ensure the right team for a GBS transition, you should Coaching plan and reinforcement communications will enable client’s supervisory teams to manage resistance from internal and external groups to sustain the change detail job specifications and source and screen people based on their skills. Include your preferred sourcing partnerships in Ongoing monitoring of effectiveness of change management initiatives is critical for measuring success these plans. By mapping key competencies, such as the domain Figure 3: ACTIVE - Change management framework and necessary soft skills and defining the sourcing strategy and setting up the interview process, you support the hiring Ensure that you manage change as effectively as you manage of the first FTEs and match the first upswing of demand. The business processes. A change-management plan will drive following figure highlights the recruitment approach used by change at the organizational and individual levels. To ensure you approach this scientifically, use a specific framework, such world-class shared services centers. as ACTIVE. 2.1.2.2 HR framework ACTIVE helps anticipate the impact of change and categorizes It is essential to keep employees motivated. You need to deploy how the organization responds. Identify which tools to a framework for employee engagement and performance use and when, and who needs to be involved. The ACTIVE management that is customized to the back-office and middle- framework provides a variety of tools, techniques, and forms office staff. You should include digital platforms for employee to plan, document, and track every step of the project lifecycle goal-setting, appraisal, 360-degree feedback, online notes, and from pre-change readiness and stakeholder analysis to the notifications. Other essential tools include a talent exchange communication plan, training workshops, coaching plans, and portal that empowers employees to chart their careers, locates ongoing monitoring. expertise, and inventories employee skills by industry domain. The framework helps you formalize, standardize, and replicate change management processes. A multi-tiered communication Platforms such as these increase employee motivation and reduce attrition. plan should include workshops on managing virtual teams and When building a successful GBS, talent management and metrics for the retained staff to improve their ability to support retention are vital. Use an early-warning system to highlight the change. There should also be coaching and reinforcement potential attrition based on predefined indicator scores. By Workforce Planning Recruitment On boarding & Integration Talent Mgmt & Retention Key performance Measures: •On time hiring •Success rate of new hires •Cost per hire •Candidate experience score Right person @ right time Figure 4: Recruitment approach Employee Care & Support Talent Development Separation choosing talent for optimal organizational effectiveness, you management system helps define the critical metrics for the ensure effective succession planning and talent availability, processes that extend beyond SLAs, helping you to provide enabling you to focus on retention and integration. By offering clear operations management. Smart enterprise Processes (SEP) joint career planning, you help plan role changes with minimal is Genpact’s proprietary methodology that helps in process disruption and offer alternative career paths. That, in turn, optimization. helps ensure that your GBS sources nearly 80 percent of its new hires from the internal talent pool. To drive tangible business impact after processes have stabilized, you need a process-improvement road-map. The following figure illustrates the improvement roadmap for an A Create Competency Map Identify the skills/knowledge required •Task analysis and agent profile •Map trainable/non-trainable competencies Identify & map competencies for new hire •Hiring the right talent based on detailed job description C Capture Knowledge Document procedures for all work types •Document step by step process for all work types Document experimental learning •Document tactic knowledge – use as knowledge bank/FAQ list On the job training •Buddy sessions B Create Learning Path overtime reporting process. Analysis of training needs •Industry specific and domain based orientation Define easiest/most difficult to learn •Detailed systematic training plan created with customers involvement Design buddy programs •On-the-job training for specialized skill set D Transfer and Sustain Knowledge Scenario-based training/testing •Evaluation of techniques-customer involvement in assessment strategy SOP created for all work types •Document process controls, step by step procedures, key input-output information •Sign-off by SAB process owners Key Observations About Managing Business Processes Smart Enterprise Processes (SEPSM) – A New Science Core enterprise-level processes cut across functional silos Typical focus is on process efficiency vs. effectiveness Driving effectiveness delivers 3–5x benefits over driving efficiency Companies lack benchmarks to know how good they could be Technology is often not the answer – 50–70% of benefits from process and insights Highly scientific, holistic, and granular framework that takes an enterprise-wide view of processes Proprietary IP based on analysis of 200 million+ transactions across 3,000+ managed processes Maps client performance at every step of a process and measures against best-in-class standards Offers solutions including process, analytics reengineering, and focused IT based on achieving business impact SEPSM is a unique proprietary methodology that can deliver 200 - 500 percent of the impact on improved cash flow, margins, revenue growth, or other metrics Figure 6: SEP overview Figure 5: Key activities in training and development 2.1.2.3 Learning and development SEP lever Once the right people are in place, you need to ensure they Order management have the right skills. Your training plans should bridge the gap between existing and required skills. To capture these, create competency maps that identify the skills and knowledge necessary for particular jobs. Define the training paths – contextual, technical, procedural, or compliant – and then build a knowledge base with domain-specific training and document SubProcesses Key Performance Measures Key Business Outcomes DSO (no. of days) xx Billing learning paths based on the process requirements to sustain operations. Learning paths help define the relevant processes Key Performance Drivers Activities Credit 5% and 6.9% 4.8% rebill % X% X% X% Rebilling Cycle time X% % accuracy X% X% of delivery Accuracy (%) 95% 88% 100% No. of 345 5655 collector X% X% %$ collected % $ past due 57% Collections 90% efficiency 5% Collections Past due 5.4% % invoices 2 38 over 90 aging Dispute escalation and resolution Minimum X X 99.2% 40 Cycle time to resolve 60 10 dispute Median % AR resolved under dispute 1% 43% 100% Max to handouts and on-the-job training. To sustain knowledge transfer, build standard operating procedures for all work types. 2.1.3 Business Process 2.1.3.1 Operational excellence framework Practices • Workflow to monitor rebill request and standardize billing inputs X% 87% % touched / total and 63% 100% past due and contextual training with time-lines. You will need to prepare document procedures and work types from simulations X% X% contacts/ Establish transactions 140 contact made per procedures for all work types and on-the-job training. The next step is to create knowledge management and % on time delivery • Proactively send invoice & statements to selected customers in advance • ‘Best time to call’ analysis & daily goals for no. of transactions per agent • Link incentives of sales team with $ collected • Workflow tool with clear ownership and escalation metrics • Dashboards to provide right visibility and accountability Figure 7: Highlights of the SEP approach 2.1.3.2 Service delivery By designing and deploying an optimal structure to enforce Business process management is necessary to drive efficiency governance, program management, and operational reviews, and effectiveness in a GBS and to create greater operational your GBS can achieve many things. You can align strategic visibility. Deploy a methodology and levers to build an business goals and establish clear roles and responsibilities for operationally excellent ecosystem. Vital tools include service decision-making, issue resolution, and service delivery. You can delivery fundamentals with built-in escalation matrices and a also evaluate performance, cost, and customer satisfaction framework of common minimum practices. A business-process while encouraging the sharing of best practices. You need a proven methodology to define, measure, and and downstream processes. A good methodology first extracts report SLAs. You can use system reports or workflow tools data, provides a preliminary analysis, and then baselines the and reporting on performance via process dashboards. These data through benchmarking. Then, conduct qualitative and should collate metrics and data on current performance, define quantitative assessments, validate the findings, and provide metrics aligned with the business objectives (which should be preliminary recommendations. Lastly, validate the findings industry-wide best practices), baseline the performance for six internally with the SMEs and make recommendations to design months, and establish targets. a best-in-class process. Capture feedback and satisfaction from business units and end 2.1.4 Infrastructure users. An automated survey management tool helps analyze end-to-end capabilities from design to execution, analysis, 2.1.4.1 Facility readiness recommendations, and follow-up. The tool should also offer Check the facility for readiness at transition time. Ensure functionality such as segmenting scores and identifying drivers that you have IT and telecom in place, that your data center for each segment. environment and safety are planned, that you meet legal 2.1.3.3 Transformation services requirements for buildings, and that your logistics and EHS are in place. A framework for process design identifies levers to improve effectiveness through data and process benchmarking. The following figure highlights the key activities that must be Conduct diagnostics on the core process – including upstream ompleted as part of facility readiness. Status-quo process Technician Current problems Inform on a daily basis details of conducted work Daily gathering of all work details Responsible for monitoring Daily archiving of work hours Supervisor technician Check and approval of monthly forms Admin staff on unit Check of inputs of paper recorded data for the HR system 1 Check and final approval of monthly data by the end of the month Head of unit Target process Technician Inform on a daily basis details of conducted work Responsible for monitoring Data input is paper based and time-consuming Fills in a monthly paper forms on work hours for the whole unit Difficult to monitor and check daily paper forms recording workhours for numerous employees Data duplication of work hours in the paper forms and in the HR System 1 Proposed changes link to new HR system Daily gathering of all work details process flow Daily input of work hours directly into the new HR system Supervisor technician Monthly check and approval by supervisor Finalization of data captured in the new HR system Admin staff on unit Data inputted into the system by the unit responsible for monitoring Better monitoring of work hour data due to the reporting functionalities of the new HR system Admin staff will only have to check if the data is inputted correctly Use of e-workflows to eliminate paper rushing Check and final approval of monthly data by the end of the month Head of unit New HR System Note: Need to reconcile hours approved by unit head with hours declared by employee . Emphasis on checking and control Figure 8: Process improvement roadmap 2.1.4.2 Business continuity 2.2 ENABLE AND IMPROVE Your business continuity management process framework The second part of your GBS strategy is to enable and improve (BCP (abbreviation doesn’t match term)) should focus on three the design and execution you have already established. main aspects: mitigation strategies to avoid/minimize risks; crisis strategies to respond; and a business restoration strategy to quickly restore operations, prevent redundancy, and enable 2.2.1 Program 2.2.1.1 Evolution of business case IT disaster recovery. You need to build the business continuity At this point, conduct a thorough review of the newly built management procedures including the necessary blueprints, GBS against your original business objectives and make forms, and rules. Conduct business impact analyses to actionable recommendations for the next phase. Evaluate your determine the legal and financial impact of contingencies. This strategic goals. Do you have the right shoring mix, process helps identify how critical a process is and its recovery time. portfolio, process improvement potential, and risk review and mitigation? Is there a potential for cost rationalization against operational visibility. For an excellent ecosystem, you need industry benchmarks? Map your productivity against industry service delivery fundamentals that help managers manage their top quartile levels to find out. Prepare a detailed roadmap for deliverables, with an integrated escalation matrix. Common maximizing strategic, financial, and operational value from the minimum practices provide a framework for identifying and GBS to determine if you are achieving your desired cost and implementing necessary practices. You also need a system to productivity improvements. design the business metrics for the processes and beyond SLAs, 2.2.1.2 Controllership framework providing clear focus for operations management. Develop segregation of duties (SOD) rules for compliance and Identify opportunities to drive continuous process internal controls, initially by conducting detailed process and improvement. This improves efficiency, turnaround time, system walkthroughs to identify any potential SOD conflicts. accuracy, and productivity. By doing so, you deliver business You review process maps in conjunction with data extracted impact – increased revenue, expanded margins, improved from the system to derive roles used in the processes. Review working capital, and greater customer satisfaction. these to identify conflicts in role definition and assignment and Community-based collaboration is essential to business success. recommend solutions such as role redesign, role assignment Harness online communities to enhance collaboration among correction, control monitoring, and mitigation. internal business units and external experts. Such a network Prepare for an external audit by reviewing audit schedules can generate innovative insights and forge new process and fieldwork to meet scheduled closure timelines with improvements and analytical solutions. Identify business minimum work. Review audit schedules according to the process challenges, publish these challenges on the network, auditor’s requirements and provide regular status updates to collaborate with experts, and implement and track the results. the controller/financial manager. Concentrate on improving Use collaboration models from direct engagement with one the business processes that support the audit process and its top expert to informal discussions with experts and internal overall delivery. community discussions. 2.2.2. People 2.2.3.2 Service delivery 2.2.2.1 HR framework Provide supervision support to your operating team. They Use the platforms established during your design and build phase to keep employees motivated and prevent attrition. Use a detailed training-needs analysis to design training for your team leaders and supervisors. You can channel feedback from performance reviews and individual requirements into the training design. Give your leaders and supervisors soft should continue to focus on business goals, face internal customers, and manage their teams. Drive individual productivity using a variety of measures: inter-agent variation studies; establishing, measuring, and monitoring process metrics; preparing dashboards; and structuring process escalations and resolution plans. skills training and monitor the progress of enrolment and the You need a methodology for workforce capacity planning to effectiveness of the training. manage the demands including cyclical peaks in volume and 2.2.3 Business Process unforeseen spikes. An optimized capacity model simulates and forecasts baseline volumes for seasonality trends, surges at year- 2.2.3.1 Operational excellence framework end, and the impact of any special events such as promotional You need a proven operational excellence framework that activities. The model should also measure capacity shrinkages drives process efficiency and effectiveness and creates detailed in cases such as training, planned leaves, unscheduled Site SelectionConceptual Stage •Macroeconomic Study •Site Assessment •Offshore Competitive Scenario •Tax Incentives •Wages •Key Advantages & Disadvantages •Security Risk Assessmant Site SelectionPrimary Stage •Location & Building Evaluation •Design Certification •Engineering Due Dilligence Legal & Tax •Entity Structure •Licenses & Exemptions •Contracts Finance •Entity Structure •Band Account Setup •Salary Structure •Oracle Finance Structure & Implementation •Authorized Signatories for Contracts •Pricing/ Investment/ Breakeven Infra & Logistics •Environment Site Assessment •EHS Clearance •Engineering Clearance •Clearances / Certifications •Occupational Certificate •Fire Department NOC •Electrical Certificate •Commercial Clearance •Lift Certificate •Physical Security Setup •Electrical Load Testing IT & Telecom HR, Hiring, C&B •Telecom Regulatory •HR Approvals •Statutory Requirements •Vendor Sourcing •Minimum Staffing Requirements •WAN Connectivity •HR Systems - Core HR Setup •Datacenter ( with BG Setup required redundancy & •Automated Time & Attendance equipment ) System •HUB Room Setup •C&B •Infra Servers & Info •Market Intelligence Security Apps. •C&B Structure •HRMS application •Hiring integration •Hiring Process for all Applicable •Oracle Financials Bands Application Intergration •Vandor Identification •Hiring Engine Setup Figure 9: Activities essential to getting a shared services facility ready absenteeism, and the impact of special events (e.g., illness, gaps, building a plan to bridge these gaps, and conducting strikes, or weather). The model should also provide measures to process audits and recommending improvement opportunities. meet demand by cross-training and multi-skilling your agents, This should help you continuously track and monitor the training your support staff, and hiring temporary staff. You success of your practices. need to know how to access surge resources. Use an automated survey management tool to measure customer satisfaction. It should provide end-to-end capability in terms of design, execution, analysis, recommendations, and follow up and have functional differentiators, such as segmenting the scores and identifying drivers for each segment. 2.2.3.3 Business process IT tools and lightweight enablers 2.2.4 Infrastructure Ensure that your facility is compliant with local laws, regulations, and EHS specifications. Facility checklists include asset and estate management, building and services management, and statutory compliance with environment, health, and safety regulations. Your business continuity management framework will Deploy specific IT tools for process optimization. One might be review and test the relevant procedures and create employee an e-invoicing solution to eliminate paper invoices and manual awareness. Conduct quarterly cold tests to check IT readiness data entry and optimally capture discount opportunities. You of your BCM site and an annual hot test to perform real might also need a workflow suite for real-time work tracking business transactions from the site. and allocation of activities across finance functions. Another possibility is a Web-based technology to automate the invoice to collect business process (unclear) using self-service. This reduces time, labor hours, and money spent on the entire order-to-cash process. Possible bolt-ons include a reconciliation tool for escalations and resolution; a close tracker to monitor the progress of different activities during close; a productivity tool with realtime dashboards and reports for transaction performance and capacity utilization; a duplicate audit tool to identify duplicate payments before payment runs, and a tool to detect errors. These identify opportunities to digitize, automate, and improve process performance through IT intervention. Conclusion Executives want mature industry experience to build and run global business services that drive cost reduction, process improvement, and customer satisfaction. The most successful centers operate like virtual commercial entities that aggressively market their services to internal clients and drive business outcomes – but most of them struggle with this. At Genpact, we help design, build, enable, and improve global business services such as specialized site selection, transition, learning, operational excellence and re-engineering, SEPSM, IT, collaboration platforms, and expansion strategy. We can provide support without owning your day-to-day FTEs who 2.2.3.4 Transformation services work on the business process. You will need an enterprise-wide view that cuts across functions While driving efficiency, we enable these global business and processes to establish qualitative links among your business services to push business outcomes irrespective of current outcomes and process gaps. A good framework should help process scope and embed a commercial culture. Genpact is not drive effectiveness in your business processes and identify metrics and KPIs linked to business outcomes. You want to see quantitative modeling combined with practitioner experience. a consulting firm. We apply science to process and leverage our immense intellectual property around global business services and shared services for the benefit of companies engaged in You drive GBS efficiency and effectiveness by focusing on building, optimizing, and supporting their own operations. This common minimum practices. Compare existing processes with creates, we believe, a perfect foundation to enable our very the minimum practices, highlighting any design or delivery cost-effective specialized support services. About Genpact For more information, Contact: Genpact Limited (NYSE: G), a global leader in business process management and technology services, leverages the power of smarter processes, smarter analytics and smarter technology to help its clients drive intelligence across the enterprise. Genpact’s Smart Enterprise Processes (SEPSM) framework, its unique science of process combined with deep domain expertise in multiple industry verticals, leads to superior business outcomes. Genpact’s Smart Decision Services deliver valuable business insights to its clients through targeted analytics, reengineering expertise, and advanced risk management. Making technology more intelligent by embedding it with process and data insights, Genpact also offers a wide variety of technology solutions for better business outcomes. gbs.solutions@genpact.com For more information, visit www.genpact.com. Follow Genpact on Twitter, Facebook and LinkedIn. © 2013 Copyright Genpact. All Rights Reserved. Visit us at: http://www.genpact.com/gbs