To achieve real benefits from shared services, it is not enough to just move the work to lower-cost locations. Through digital technology, transaction-intensive processes can be automated and in some cases even eliminated, leaving human workers to focus on judgment-intensive processes and more strategic activities. The result is the rise of digital operations that are highly scalable and effective in delivering business value. In this executive roundtable, our select group of business leaders will discuss examples of digital operations, such as:
- In finance and accounting, how intelligent automation is automating or even eliminating low-value processes, such as cash application and invoice processing, leaving personnel to focus on higher value processes, such as budgeting, forecasting, and management reporting.
- In HR processes, how chatbots and self-service are automating employee service desk activities, allowing HR professionals to focus more on talent acquisition and other strategic HR functions.
- In procurement processes, how digital commerce enables automation of routine purchasing transactions, allowing sourcing professionals to spend more time developing and qualifying new suppliers and measuring vendor performance.
Avasant is a leading management consulting firm focused on translating the power of technology into realizable business strategies for the world’s largest corporations. Specializing in digital and IT transformation, sourcing advisory, global strategy, and governance services, Avasant prides itself on delivering high-value engagements through industry-focused innovation and flexible client-based solutions.
Our seasoned professionals have an average of 20 years of industry-honed expertise, having conducted 1000+ engagements in over 50 countries. Avasant’s next generation consulting and advisory methods have made it the top-ranked firm in its class, with recognition from numerous organizations, including: Vault, NOA, IAOP, and Wall Street Journal.
Avasant’s engagement in the global market has inspired a strong commitment to community and purpose. Avasant Foundation supports technology and skill development programs to create employment opportunities for youth across Africa, Asia, the Caribbean and Latin America.
For more information, visit https://www.avasant.com.
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 200,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
For more information, visit: https://www.wipro.com/about-us/