Client Challenges
Multiple and disparate processes & IT systems support a wide range of key functions such as Finance & Accounting (F&A), Financial Reporting, Business Intelligence (BI), Human Resources (HR) and Global Procurement. Key challenges that global organizations face in implementing global harmonization programs are:
- Defining business processes that represent an appropriate level of standardization
- Accommodating regional / local requirements and maintaining flexibility across the value chain
- Presence of legacy systems, overlapping application landscapes and databases which in turn result in inadequate reporting and discrepancies between the various systems in use.
Business Value
TCS has rich experience in driving large-scale global business process harmonization initiatives for leading manufacturers. We help our customers derive tangible, measurable results by replacing or integrating the numerous business processes and systems across multiple business units and geographical regions.
TCS consultants have expertise in evaluating your existing and future business processes and applications, recommending business process improvements, designing flexibility into the new processes and systems, and implementing a consolidated, enterprise-wide ecosystem that will meets the business objectives of your organization. We have a proven methodology and a comprehensive set of assets (including process maps, templates and best practices) that accelerate the business process harmonization initiative. Additionally our global delivery capabilities ensure shorter go-lives and an overall lower cost of implementation.
What TCS Provides
- Harmonization and modeling of standard business processes
- IT strategy, roadmap and consolidation of IT architecture
- Integrating complex, fragmented legacy systems
- Application Management
- Business Process Outsourcing
Benefits
- Reduced complexity and duplications, resulting in sustainable cost savings across the enterprise
- Standardization of business processes leads to an improvement in efficiency and decrease in operating costs
- Improved access to more accurate information for informed decision-making
- With common processes, measuring business performance becomes easier
- Reduction in cost of IT operations due to creation of common infrastructure, maintenance and integration
- Standardization helps deliver better services to customers
- Leverages best practices across business units and greater collaboration across divisions, making the organization more agile and competitive
- Common standards and greater internal controls ensure achievement of regulatory compliances