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Although many GBS discussions over the past ten years have focused on optimization, process improvement, and automation, we may have forgotten the fundamental truth that three out of five GBS still actively outsource. The automatedprocesses in use are frequently created by the outsourced service providers themselves.
Do you know that a lack of effective change management is the leading cause of RoboticProcessAutomation (RPA) failure? According to the Global IA Report by the SharedServices and Outsourcing Network (SSON), 44% of enterprises—a plurality—reported that was the case. What is change management?
Many tools (or methodologies) throughout the years have enabled achievement of these goals including SharedServices, Lean Six Sigma, Global Business Services (GBS) and maybe the most impactful, Technology Automation. Currently, one of the technologies gaining tremendous attention is RoboticProcessAutomation (RPA).
Staff have been able to dedicate significantly more time to negotiation support and other value-added tasks to support the operational business units. Citibank – Winner, Account-to-Report – Finance and Risk SharedServices Digital Transformation Journey. The new procure-to-pay system paid for itself in a few years.
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