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Conduent Launches FastCap to Improve Clients' Working Capital
Nov 03, 2022, by Rachael StormonthConduent has launched FastCap to assist organizations in improving their working capital. FastCap is offered as a managed service leveraging its subject matter expertise in accounts payable and procurement and applying a set of tools (both proprietary and third party). These tools research and analyze large data sets, including accounts payable (AP) invoices, procurement spend data, and contr[...]
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WNS Launches Quote-to-Sustain to Reinvent Order-to-Cash
Nov 20, 2020, by John WillmottThe pandemic has changed organizations’ attitudes towards the need for change, greatly increasing their emphasis on adopting new digital process models and digital transformation. Partly this is driven by the need to enhance their transactional efficiency and effectiveness rapidly, but at least equally importantly, it has brought a much greater requirement for real-time informa[...]
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D-GEM: Capgemini’s Answer to the Problem of Scaling Automation
Mar 05, 2019, by John WillmottFinance & accounting is at the forefront of the application of RPA, with organizations attracted by its high volumes of transactional activity. Consequently, activities such as the movement and matching of data within purchase-to-pay have been a frequent start-point for organizational automation initiatives. Organizations starting on RPA are initially faced with the challenges of understand[...]
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HPE: Digitizing F&A BPS to Realize Profit Maximization
Nov 24, 2015, by John WillmottNelsonHall recently attended the Hewlett Packard Enterprise (HPE) “Empowering the Customer to Win in the Digital Age” event hosted by HPE BPS. The theme was strongly around digital and empowering organizations to own the (increasingly digital) interface between customers, suppliers, and employees. In support of this theme HPE is investing heavily in automation, both in its own platform[...]
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Cabinet Office on Track with Shared Services Strategy
Nov 04, 2013, by NelsonHall AnalystThe U.K. Cabinet Office recently briefed NelsonHall about progress with its shared services strategy. Shared services has been a recurring theme in the U.K. public sector’s drive for efficiency for many years. It has continued to rise in importance as a lever for cost savings in the public sector, driven first by the Gershon Review of 2004 and most recently, when the current government first[...]
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Xerox Acquires Customer Value Group to Enhance Collections Capability in F&A BPO Portfolio
Jul 02, 2013, by Rachael StormonthXerox's acquisition of U.K. based Customer Value Group (CVG) indicates that Xerox's ambitions for the acquired ACS business and for FAO in particular have not dimmed. CVG's primary product, Value+ is a SaaS-based offering that supports the management of customer credit, collections, and disputes and Value+ will now form a cornerstone of Xerox's O[...]
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Accenture to Sign F&A BPO Contract with Marriott in Transfer of Onshore Captive
Jun 19, 2013, by Rachael StormonthAccenture has continued the trend of acquiring captives as a means of gaining domain capability in a multi-process F&A BPO deal with Marriott International, Inc. that has been described by both parties as a strategic collaboration. In a ten-year contract to provide F&A services to Marriott and its franchisees in the Americas, Marriott will transition its Louisville, Tennesse[...]
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Accenture Awarded Multi-Tower BPO Contract by SSAB
May 02, 2013, by Rachael StormonthAccenture's seven-year BPO contract with Swedish steel manufacturer SSAB announced this week will see it providing accounts payable, accounts receivable, some CMS activities as well as operational procurement, sourcing and category management for selected country operations in Europe. Accenture has had a long history of providing FAO services to manufacturing companies in the Scandinav[...]