How enterprise functions can transform for Agility and Flexibility
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Transcript of How enterprise functions can transform for Agility and Flexibility
Copyright © 2014 HCL Technologies Limited | www.hcltech.com
Copyright © 2014 HCL Technologies Limited | www.hcltech.com2
For a Global Financial InstitutionBusiness Cost is 30-40% of Revenue
Revenue
OpEx is 30-40% of Revenues
IT cost is merely
5-6% of revenue
Copyright © 2014 HCL Technologies Limited | www.hcltech.com3
EFaaS™ impacts the Business Operations cost — While theexisting IT services are focused on reducing the IT cost
Front Office Function
Enterprise Functions
Finance Operations Human Resource Legal & Compliance Procurement Risk
EFaaS as a proposition impacts the Buskiness
Operations Cost by making enterprise functions best in
cclass
CEO Office
COO Office
CFO Office
CIO Office
CRO Office
BusinessExecution
Engine
Business Processes
Applications & Platforms
Data Management
30% - 40%Operation Cost as a percentage of Revenue for these functions
5-6%IT Cost as a percentage of Revenue
IT Enabler Engine
Existing IT efforts
aligned to reduce this
cost
Influencer
Infrastructure
Copyright © 2014 HCL Technologies Limited | www.hcltech.com4
Enterprise Function as a Service (EFaaS™) Helping CFOs reach their goals
Finance
Procurement
HR
Legal and Compliance
Global Shared Service Centers
Outcome-based Deal Constructs
Engaging Global Accounting Firms to
Enhance Controls
Leading IT and Infrastructure Solutions
Lower Cost of operations
Effective Business Support
Enhanced controls
Enterprise Functions
ENTERPRISE FUNCTION AS A
SERVICE
EFaaS elements
Copyright © 2014 HCL Technologies Limited | www.hcltech.com5
The world is talking about EFaaS™Find out why
Banks, Insurance Companies and Financial Institutions around the world are in various stages of transformation.
HCL’s EFaaS™ (Enterprise Function as a Service) helps you to move Enterprise Functions (such as Finance, Procurement, etc) to “Best in Class” by transforming Business Processes.
Find out more about EFaaS™ in this exclusive Gartner newsletter.
CLICK TO KNOW MORE