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Why 3 out of 5 Global Business Service Operations are Actively Outsourcing

NoonDalton

Business process outsourcing, or BPO, is a crucial subject for Global Business Services (GBS), but sadly, it runs the risk of being underappreciated. When you consider outsourcing in general for shared services and GBS, you can see how value is realized as the business grows over time.

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One of the Best Strategic Business Decisions: Outsourcing

Premier BPO

Whether due to rapid growth or desires to leverage new opportunities, resource constraints make your business unable to keep up with technology-enabled production, customer service, or other business aspects. Companies with reliable outsourcing partnerships can quickly adjust to changing market demands.

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‘Do More with Less’ Will Be Driving Force for Enterprises in 2024 — Everest Group

Everest Group

“Enterprise leaders in our 2024 Key Issues Study are clearly focused on lowering costs and increasing profitability and will be placing high expectations on service providers with little room for rate increases. Enterprise spending in 2024 will be directed toward modernizing technology, data analytics and process optimization.

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Hackett: Procurement Renews Focus On Cost Reduction as its Top Priority

The Hackett Group

Data analytics and reporting topped the list of planned improvement initiatives for 2024, followed by talent management. Data analytics was one of several improvement initiatives deemed to be of high importance but low maturity, making it a critical development area. spending increase.

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The Hackett Group: Supply Continuity and Inflation Are Critical Procurement Priorities for 2023

The Hackett Group

But strategic priorities are driving procurement’s continued focus on reducing spend cost, and pursuing digital transformation remain critical, along with improving analytics and insight capabilities. Nearly one-half of all companies surveyed have large-scale deployments of spend analytics tools in place, and another 44% have pilots.

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Shared Services Trends in 2021: State of Global Shared Services Report

Chazey Partners

It was written with the support and input of SSON’s Global Advisory Board – 20+ of the world’s leading SSO and GBS operators. The State of Shared Services report is the 4th in a series of market insights produced by SSON and Chazey Partners. Global Business Services – Transformation Driver & Digital Enabler.

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Hackett: Digital Transformation is a Leading Priority for Finance in 2023, As Companies Respond to the Global Economic Downturn

The Hackett Group

Finance executives also expressed a low degree of confidence in their ability to meet business objectives in several priority areas, including retaining the right skills and talent (60% low confidence), using advanced analytics to turn data into actionable insights (57%), improving finance agility (50%), and driving cost reduction (50%).

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