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BPT in Finance Vertical

Using BPT, finance leaders can achieve long-term operating-cost models that support the delivery of business strategy effectively with improved levels of efficiency and cost control.

Business Process Transformation in Finance vertical is about delivering improved revenue, market share and cost efficiency by contracting with a strategic business partner. The strategic partners help businesses to focus on their core operations by not only executing firm's financial processes, but delivering continuous strategic change to benefit bottom-lines.

The correct approach should be to help improve controls, re-engineer processes to deliver faster, and implement best practices to reduce the cost of transactional activities. E.g. in activities like accounts payable, global payment process are executed in low cost global business center.

Business process transformation assists in delivering practical solutions to the issues faced by CFOs world-over.

BPT in Procurement

Using BPT in Procurement, firms approach the improvement of procurement performance by utilizing the differentiated and comprehensive procurement offering. This helps bring key transformations in the procurement business process, re-engineering it from a back office function to a key business function.

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* Contributed by -
Narendar Lokwani,
PGSM, IIM Bangalore,
Pre-Sales and Mktg Team, Aditi Technologies.