Leveraged Procurement | Article
Fairmont Hotels joined with four other hospitality companies to create Avenda, a purchasing consortium to pool purchasing power over a broad range of procurement services.
Fairmont Hotels joined with four other hospitality companies to create Avenda, a purchasing consortium to pool purchasing power over a broad range of procurement services.
SOX and other risk factors have further complicated the already intensive disbursements process. Learn why many companies are seeking outside expertise to improve control over their payments and mitigate risk.
A case for Finance and Accounting Process Outsourcing by iGATE Global Solutions Ltd.
The story of how to change it can’t be done to dream come true using outsourcing.
How do you fully leverage existing IT resources and maximize the return on (judicious) IT investment. In other words, how do you both control your IT costs and increase the performance of our IT operations? Read this informative paper.
After a merger, British Aerospace was using 21 different HR systems. Creating a joint venture with a service provider led to the creation of a Web-based peopleportal, a service it can also sell to other companies.
ELearning is more than applying technology to the learning process. If done effectively, it changes several business processes, and outsourcing is the best catalyst for those changes.
Companies work with their suppliers to aggressively reduce costs.
National Dry Cleaning acquired 13 companies using 12 accounting systems. Outsourcing the back-office reduced that number to one.
Companies know that there is a next level of speed, ease of use and cost savings that must occur for them to remain competitive.
Road warriors, those employees who spend their lives dashing in and out of airports for the good of their companies, often rate compiling their expense reports as one of their most dreaded tasks. Typically they stuff their receipts in their briefcases. Then, when the credit card bill payment looms, they fill out the paperwork, staple the receipts to an expense voucher and submit the stack of paperwork for reimbursement. Their employers then had to key in all the appropriate numbers before authorizing accounting to cut them a check. Hopefully none of the slips of paper got lost as they changed hands…
When Claude Hartridge makes a BPO presentation to the CEOs of some of Europe’s biggest multinationals, the cost benefits are the factor that typically turns their heads. When Hartridge, BPO Business Development Leader for PricewaterhouseCoopers in London, projects an outsourcing contract can shave anywhere from 25 percent and more of their back office costs, they pay attention.
Industry studies reveal that most customers who become dissatisfied select another provider, rather than return the functions in-house. Stephen Fordham, Senior Director of Employee Care at Convergys Corporation.
The outsourcing industry will continue to grow at a rate of 25 percent annually, reaching $100 billion in annual revenues by the year 2000…
Most Improved Relationship: TransAlta and Digital Equipment Corporation. In 1995, TransAlta, a privately owned Canadian electrical utility company, and Digital Equipment Corporation were involved in an outsourcing relationship that was headed south in a hurry.
Companies frequently turn to outsourcers to harness the tremendous power of spiraling IT technology and shape it into a tool for standardizing their information functions across business lines and geographic borders. Unfortunately, all too often they then tie the outsourcers’ hands by failing to establish standardization as a top priority within their enterprise.