Move your Enterprise Functions to “Best in Class”
HCL’s EFaaS™ (Enterprise Functions as a Service) gives you the competitive advantage you need
Dynamic business environments, growing competitions and challenging economic conditions have resulted in the rapid escalation of operations costs, which have a direct impact on a company’s P&L. Today, every organization is facing pressures to reduce its operations cost.
The answer to the increasing business costs lies in the enterprise functions of the company. Enterprise functions such as Finance, Procurement, Marketing, Legal and HR form the central support to any organization for its successful operation. Today, managing such functions is proving to be a complex balancing act. Research suggests that the average cost of Finance Functions lies between 6%-10% of the revenue. In addition to this, the average cost of processing invoices in Account Payables is greater than the average salary of AP employees.
Leveraging years of experience in transforming enterprise functions, HCL has developed a unique technology-driven proposition that enables a reduction in cost of business operations. We call this “Enterprise Functions as a Service” or EFaaS™. While traditional IT and BPO focuses only on optimizing IT costs, EFaaS™ integrates business process with IT and infrastructure to give you cost savings at every level. EFaaS™ not only reduces business operation costs and increases profitability but also makes enterprise functions lean, agile, flexible and scalable. Thus, EFaaS™ can enhance operational effectiveness while reducing the associated business cost.