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Unlock a New Source of Value Creation – Integrate Sustainability into the GBS Charter to Help BFS Firms Realize Their ESG Goals | Blog

Everest Group

Global Business Services (GBS) organizations have a big opportunity to champion Environment, Social, and Governance (ESG) in banking and financial services (BFS) institutions. ESG is creating new opportunities for BFS Global Business Services organizations.

Sourcing 130
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The Business Benefits of Impact Sourcing: Beyond Social Good

NoonDalton

In today’s fast-evolving business landscape, the integration of Environmental, Social, and Governance (ESG) principles into corporate strategies is not just a trend but a fundamental shift in how businesses operate and thrive. It’s a core part of our business strategy, intertwined with our operations and corporate ethos.

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Strategies to Kickstart Process Improvements in Banking

Automation Anywhere

These topics apply to many areas within the organization, from front office and global business services (GBS) to compliance and risk management. How much time, effort, and resources are required to map business processes and update process documentation when processes change?

Banking 98
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The Hackett Group Announces 2024 Digital Award Winners

The Hackett Group

These companies have successfully hyper-automated a wide range of end-to-end business processes through their creative application of intelligent automation, advanced analytics and artificial intelligence (AI). Developed entirely in-house by the Procurement Excellence team, the compliance Passport revolutionizes procurement risk management.

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Hackett: Procurement Renews Focus On Cost Reduction as its Top Priority

The Hackett Group

Other critical development areas include category management, sustainable procurement, third-party risk management and supplier relationship management. Data analytics was one of several improvement initiatives deemed to be of high importance but low maturity, making it a critical development area.

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Six Levers for Digital World-Class Procurement Performance

The Hackett Group

Understanding the sources of digital world-class performance. For example, 68% of organizations currently have self-service portals or networks deployed, with an expected increase of 21% during 2021. The coronavirus outbreak and its impact on supply risk management lent new urgency to improving procurement’s data management practices.