BPaaS


The combination of an era of shrinking budgets and expanding technologies is driving the adoption of the fastest-growing trend in service delivery - Business Process as a Service (BPaaS). As companies look for every means to remain competitive while reducing costs, BPaaS offers wide-ranging opportunities to leverage best-in-class technology and standardized processes without major capital outlays in either technology or direct resources.

BPaaS offers a "one to many" delivery model that leverages a shared set of tools individual enterprises can tap into on a "Pay as they go".

Leveraging Cloud for Business Process Management.

Significant advantages in BPaaS arise from:

Speedier time to market Reduces time spent acquiring and deploying new assets and processes
Immediate access to best-in-class technology, processes, and talent Quick access to more efficient processes and easy upgrades, as process optimization is built into the technology platform
Compliance and controllership on Day 1 No lengthy and complex change management transition
Significantly reduced costs Little to no upfront costs and no maintenance costs during the engagement

Genpact's BPaaS offerings encompass:

Horizontal Services such as financial and accounting (F&A) or human resources (HR) services to allow rapid expansion and upgrade of end-to-end services in many areas common to every industry.

Vertical Services tailored to specific industries such as financial services, including life insurance origination fulfillment services on a third-party platform.

Genpact’s BPaaS offerings combine our process and technology management solutions expertise with the rapidly expanding capabilities of cloud technologies. Through partnership and acquisition, our market-leading solutions continue to expand. Companies looking to reduce costs and boost efficiency and effectiveness will benefit from our continuing investment in BPaaS.

Genpact BPaaS solutions offer end-to-end transparency and fast access to best-in-class processes, state-of-the-art infrastructure and highly-trained staff, as shown in diverse client engagements:

  • By leveraging Genpact assets and expertise, a leading manufacturer was able to complete three acquisitions in an emerging market within six months to continue its market expansion even in a tight economy Genpact’s BPaaS solution for a diversified engineering company provided an integrated platform for core HR functions and payroll in four countries. The client paid only a monthly charge based on usage while obtaining automated payroll processing, enhanced productivity, and end-to-end transparency with zero capital expenditure
  • An Indian health insurance company was unable to properly manage its Hire to Retire process. Genpact provided a global, consolidated HRIS system, a hosted solution with BPO transaction processing and modules. Transparency and strong reporting coupled with self-service training immediately boosted HR staff productivity
  • Genpact’s BPaaS solution for a manufacturing company reengineered its legacy ERP platform and optimized its P2P, OTC, and R2R processes, providing a single window into the managed services environment for a scalable back office with zero capital expenditure. Configurable reporting and enhanced dashboards provided real-time visibility into operations and aided speedy closures