What is EFaaS™?
Enterprise Function as a Service or EFaaS™ is HCL’s breakthrough proposition which is a business process led transformation to move your enterprise functions to best in class. EFaaS™ leads to process transformation and significant business operations cost reduction and subsequently a healthier P&L for our customers
Simply put, through EFaaS™:
HCL takes out an entire enterprise function (such as Finance, Procurement, Marketing, HR) from the client. This activity immediately releases pressure on the client’s P&L.
HCL transforms this function into a utility/shared services center.
HCL uses the shared services center (SSC) to serve the function-services back to the client on a transactional model.
Having worked with various clients across verticals, we believe enterprise-wide functions such as finance, procurement, HR, risk and compliance, legal and marketing stand to gain the most through such a utility model.