Webinar Deck: Two Sides, One Story - Value Beyond Savings from Global In-house Centers (GICs)
17 Jul 2013
by
Eric Simonson
On July 17, Everest Group hosted a webinar on Two Sides, One Story - Value Beyond Savings from Global In-house Centers (GICs).
Cost optimization and value addition are no longer mutually exclusive.
In a recent Everest Group survey, Global In-house Centers (GICs),
formerly called captives, have stronger expectation from the parent to
deliver more value – but not at the expense of savings.
However, are GIC and parent stakeholders aligned on the need and sources
of value beyond savings? Does the parent side of the story convey the
same future expectations? Are both stakeholders aligned on capability
development agenda for GICs to deliver value beyond savings?
As the model matures, GICs are exploring different mechanisms to deliver
value expected of them. The parent and the GIC must build a common
understanding on the sources of value and the capabilities required to
deliver them to effectively focus the GIC’s future efforts and
investments.
This is the presentation deck used during the webinar.
Note: this report is from 2012. See our most recent R2R research report.
The Finance & Accounting (F&A) function comprises three end-to-end processes – Procure-to-Pay (P2P), Order-to-Cash (O2C), and Record-to-Report (R2R). This report focuses on…
