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GlobalBusinessServices (GBS) organizations have become essential to the enterprise as these shared service centers help to optimize costs and build talent strategies for the future. Read on to learn more about the benefits GBS offers. To achieve these goals, CEOs are turning to GBS organizations for support.
This year’s event was held from March 23 rd to 26 th under the theme of “Leading Shared Services into the Future”. The week featured prize-winning speakers and GlobalBusinessServices giants. We engaged in conversations surrounding the evolving transformation of work in global markets.
The business goals typically center on reducedcosts, improved customer experience, revenue/margin growth and regulatory compliance. Currently, one of the technologies gaining tremendous attention is Robotic Process Automation (RPA). maybe at its most rapid pace in history! maybe at its most rapid pace in history!
Finance leaders understand that they must invest in technology to reducecosts and create new capabilities through aggressive adoption of cloud, robotic process automation, analytics, and other tools,” said The Hackett Group Senior Research Director Shawn Fitzgerald. About The Hackett Group The Hackett Group, Inc.
Overall, finance leaders continue to focus on digital transformation, using technology investments to reducecosts and create new capabilities. The good news is that the path to reducingcosts is clear. Gen AI growth of 9% is expected, with 41% of companies expecting to implement pilots or small-scale deployments.
Global Capability Centers also ensure accelerated innovation and business continuity, while reducingcosts and risks. Cost Efficiencies Setting up a GCC can provide significant cost savings over dispersed models by eliminating redundancies in people, processes, and technologies.
And talent is at the core of companies turbocharging the growth of their Global Capability Centers (GCCs). This situation requires companies to reducecosts while continuing to invest in digital technologies, especially with the advent of new technologies such as Generative AI.
(NASDAQ: HCKT) today announced the winners of its 2021 Digital Awards, which spotlight companies that are on the cutting edge of using digital transformation solutions, including automation, advanced analytics, and AI to hyper-automate end-to-end business operations.
Focusing on higher-value roles, alongside increased automation, delivers substantially more value significantly faster as they close and consolidate financials 36% faster, complete forecasts five days sooner, and dedicate 82% more time to forward-looking analyses. These investments continue to reducecosts while increasing overall speed.
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