How enterprise functions can transform for Agility and Flexibility

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Copyright © 2014 HCL Technologies Limited | www.hcltech.com

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Transcript of How enterprise functions can transform for Agility and Flexibility

Page 1: How enterprise functions can transform for Agility and Flexibility

Copyright © 2014 HCL Technologies Limited | www.hcltech.com

Page 2: How enterprise functions can transform for Agility and Flexibility

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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

Page 3: How enterprise functions can transform for Agility and Flexibility

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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

Page 4: How enterprise functions can transform for Agility and Flexibility

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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

Page 5: How enterprise functions can transform for Agility and Flexibility

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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