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Semelhante a Generating impact through standardized global processes (20)
Generating impact through standardized global processes
- 1. DESIGN • TRANSFORM • RUN 1© 2015 Copyright Genpact. All Rights Reserved.
Standardization and simplification drive faster decision-making
CFO ► Impact ► Record to report
Challenge Solution Impact
Standardize and enable
self-service management
reporting to overcome:
• Manual processes
• Multiple touchpoints
• Inconsistent format
• Lack of integration
between Cognos BI and
Oracle
• Created virtual Business
Intelligence integrating
Oracle GL and Cognos BI
• Standardized templates
and parameters for regular
and ad hoc reports
• Redesigned data
collection process
Reduce closing process
variability, cost, and effort,
and support a scalable
operating model that was
not country-specific
• Defined and implemented
a standardized global
closing process
• Designed and
implemented a hybrid
Center of Excellence
• $2.3 million cost
reduction
• Enhanced process
efficiency by 15%
• Standardized 70% of the
closing process across
multiple countries
Leading
insurance
major
Leading
pharma
major
• 44% reduction in regular
management reports
• 18% efficiency gains
• High-end analytics
replicable in other lines of
business
• Reduced time spent
collecting data from 73%
to 26%