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A multinational electrical distribution and services company faced inefficiencies due to multiple enterprise resource planning (ERP) systems and manual processes

Genpact partnered with the company to develop an integrated process focusing on accounts receivable (AR) volume. The solution included a comprehensive implementation roadmap, leveraging automation, data analytics, and predictive modeling.

This transformation improved days sales outstanding (DSO), days delinquent outstanding (DDO), and bad debt management, resulting in over $100 million in savings. Additionally, it enhanced cash flow by $300 million to $400 million over five years and achieved operational cost savings of $20 million to $30 million.

The finance organization of a vehicle manufacturer faced fragmentation due to multiple mergers and de-mergers, resistance to change, and a complex business structure

Genpact conducted rapid data collection and analysis to identify pain points. The solution involved remodeling the accounting and financial planning and analysis (FP&A) functions, improving collaboration, and eliminating duplication. By analyzing team attrition, targeted interventions were implemented.

This led to a new model that consolidated the organization into one cohesive entity, identified opportunities to eliminate 20% of non-value-adding work, and increased efficiency and productivity.

A smaller foundry business, separated from a French-listed chemicals group, was acquired by a US-based private equity firm. The new owners aimed to establish a standalone outsourced GBS within a short timeframe under time-limited transition service agreement (TSA) arrangements.

Genpact developed the target operation model and managed the transition of record-to-report (R2R), accounts payable (AP), and accounts receivable (AR) activities involving 27 full-time equivalents (FTEs).

An outsourced GBS center was established within six months without disruptions or TSA extension costs. Productivity objectives were set, and actionable plans were approved for future expansion.

An automotive parts supplier faced challenges due to limited enterprise resource planning (ERP) systems, lack of standardization, and scattered accounts payable (AP) and accounts receivable (AR) data

Genpact mobilized a global shared services group for AP/AR, built capabilities to expand finance shared services in 2024, and enabled centralized systems for performance tracking.

By defining global policies and improving key AP/AR areas, productivity is expected to increase by over 35% in five years. Projected cost savings are around $3.5 million over the same period, with a goal of achieving over 50% annualized cost savings run rate starting year three.

A mid-sized, high-growth engineering consultancy firm asked for help identifying new shared services locations in Europe and the Americas, helping them drive additional usage of the shared services offerings and being able to expand the service offerings.

"The two-day GBS high-impact workshop marked the start of a successful two-month project execution. During these two days, our team gained insights into the basics and the advanced elements of running a large shared services operation. After that, the Genpact team guided us through every step of the location search, removing bias from both team members as well as members of the leadership. As part of the due diligence, they connected us with local counterparts to understand their journeys and learnings. This gave us an objective view of each location and allowed us to make the most suitable choice for our organization."

A German industrial asset manufacturer running their in-house GBS successfully for over ten years has identified that their cost improvements are lagging behind the plan and that the excitement of using the GBS has declined. They asked us to identify root causes for the symptoms and propose new ways of working to bring back the excitement of GBS.

"After running the GBS high impact workshop with the Business, the Functions and the GBS leadership, we had a complete and honest insight into the role our leadership needed to play to improve the success of our GBS further. The Genpact team then executed several “lead by example” sessions with teams operating in value streams to re-ignite our Operating Excellence and LEAN culture and to show how roadblocks can be solved by making use of LEAN methodologies. This gave us the new inspiration and methodologies to run about 50 improvement projects Genpact identified during their detailed process assessment."

Questions about Genpact services or solutions?

Questions?

If you require further assistance, don’t hesitate to reach out to our Senior GBS Partner, Toine de Jong - Toine.deJong@genpact.com

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Client Stories and voice

Success stories,
case studies, and testimonials

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Case Study 1

A multinational electrical distribution and services company faced inefficiencies due to multiple enterprise resource planning (ERP) systems and manual processes. Genpact partnered with the company to develop an integrated process, focusing on accounts receivable (AR) volume. The solution included a comprehensive implementation roadmap, leveraging automation, data analytics, and predictive modeling. This transformation improved days sales outstanding (DSO), days delinquent outstanding (DDO), and bad debt management, resulting in over $100 million in savings. Additionally, it enhanced cash flow by $300 million to $400 million over five years and achieved operational cost savings of $20 million to $30 million.

People in nature, Human body, Flash photography, Water, Hand, Sky, Cloud, Orange, Happy, Gesture

Case Study 2

The finance organization of a vehicle manufacturer faced fragmentation due to multiple mergers and de-mergers, resistance to change, and a complex business structure. Genpact conducted rapid data collection and analysis to identify pain points. The solution involved remodeling the accounting and financial planning and analysis (FP&A) functions, improving collaboration, and eliminating duplication. By analyzing team attrition, targeted interventions were implemented. This led to a new model that consolidated the organization into one cohesive entity, identified opportunities to eliminate 20% of non-value-adding work, and increased efficiency and productivity.

Hand, Gesture, Smile

Case Study 4

An automotive parts supplier faced challenges due to limited enterprise resource planning (ERP) systems, lack of standardization, and scattered accounts payable (AP) and accounts receivable (AR) data. Genpact mobilized a global shared services group for AP/AR, built capabilities to expand finance shared services in 2024, and enabled centralized systems for performance tracking. By defining global policies and improving key AP/AR areas, productivity is expected to increase by over 35% in five years. Projected cost savings are around $3.5 million over the same period, with a goal of achieving over 50% annualized cost savings run rate starting year three.

Table, Tableware, Sharing, Interaction, Houseplant

Case Study 3

A smaller foundry business separated from Imerys, a French-listed chemicals group, was acquired by a US-based private equity firm. The new owners aimed to establish a standalone outsourced GBS within a short timeframe under time-limited transition service agreement (TSA) arrangements. Genpact developed the target operation model and managed the transition of record-to-report (R2R), accounts payable (AP), and accounts receivable (AR) activities involving 27 full-time equivalents (FTEs). Within six months, an outsourced GBS center was established without disruptions or TSA extension costs. Productivity objectives were set and actionable plans approved for future expansion.

Glasses, Smile, Shoulder, Sleeve, Eyewear, Waist

Genpact partnered with the company to develop an integrated process focusing on accounts receivable (AR) volume. The solution included a comprehensive implementation roadmap, leveraging automation, data analytics, and predictive modeling.

This transformation improved days sales outstanding (DSO), days delinquent outstanding (DDO), and bad debt management, resulting in over $100 million in savings.

Additionally, it enhanced cash flow by $300 million to $400 million over five years and achieved operational cost savings of $20 million to $30 million.

A mid-sized, high-growth engineering consultancy firm asked for help identifying new shared services locations in Europe and the Americas, helping them drive additional usage of the shared services offerings and being able to expand the service offerings.

READ MORE

Power station, Sky, Cloud, Atmosphere, Daytime, Nature, Electricity, Sunlight, Dusk, Industry

Genpact partnered with the company to develop an integrated process focusing on accounts receivable (AR) volume. The solution included a comprehensive implementation roadmap, leveraging automation, data analytics, and predictive modeling.

This transformation improved days sales outstanding (DSO), days delinquent outstanding (DDO), and bad debt management, resulting in over $100 million in savings.

Additionally, it enhanced cash flow by $300 million to $400 million over five years and achieved operational cost savings of $20 million to $30 million.

A German industrial asset manufacturer running their in-house GBS successfully for over ten years has identified that their cost improvements are lagging behind the plan and that the excitement of using the GBS has declined. They asked us to identify root causes for the symptoms and propose new ways of working to bring back the excitement of GBS.

READ MORE

Overhead power line, Transmission tower, Electrical wiring, Sky, Light, Electricity, Amber

Genpact partnered with the company to develop an integrated process focusing on accounts receivable (AR) volume. The solution included a comprehensive implementation roadmap, leveraging automation, data analytics, and predictive modeling.

This transformation improved days sales outstanding (DSO), days delinquent outstanding (DDO), and bad debt management, resulting in over $100 million in savings.

Additionally, it enhanced cash flow by $300 million to $400 million over five years and achieved operational cost savings of $20 million to $30 million.

A multinational electrical distribution and services company faced inefficiencies due to multiple enterprise resource planning (ERP) systems and manual processes.

READ MORE

Motor vehicle, Automotive lighting, Hood, Azure, Grille, Sky, Line

Genpact partnered with the company to develop an integrated process focusing on accounts receivable (AR) volume. The solution included a comprehensive implementation roadmap, leveraging automation, data analytics, and predictive modeling.

This transformation improved days sales outstanding (DSO), days delinquent outstanding (DDO), and bad debt management, resulting in over $100 million in savings.

Additionally, it enhanced cash flow by $300 million to $400 million over five years and achieved operational cost savings of $20 million to $30 million.

The finance organization of a vehicle manufacturer faced fragmentation due to multiple mergers and de-mergers, resistance to change, and a complex business structure.

READ MORE

Steelworker, Wood

Genpact partnered with the company to develop an integrated process focusing on accounts receivable (AR) volume. The solution included a comprehensive implementation roadmap, leveraging automation, data analytics, and predictive modeling.

This transformation improved days sales outstanding (DSO), days delinquent outstanding (DDO), and bad debt management, resulting in over $100 million in savings.

Additionally, it enhanced cash flow by $300 million to $400 million over five years and achieved operational cost savings of $20 million to $30 million.

A smaller foundry business, separated from a French-listed chemicals group, was acquired by a US-based private equity firm. The new owners aimed to establish a standalone outsourced GBS within a short timeframe under time-limited transition service agreement (TSA) arrangements.

READ MORE

Dress shirt, Sleeve, Standing, Collar

Genpact partnered with the company to develop an integrated process focusing on accounts receivable (AR) volume. The solution included a comprehensive implementation roadmap, leveraging automation, data analytics, and predictive modeling.

This transformation improved days sales outstanding (DSO), days delinquent outstanding (DDO), and bad debt management, resulting in over $100 million in savings.

Additionally, it enhanced cash flow by $300 million to $400 million over five years and achieved operational cost savings of $20 million to $30 million.

An automotive parts supplier faced challenges due to limited enterprise resource planning (ERP) systems, lack of standardization, and scattered accounts payable (AP) and accounts receivable (AR) data.

READ MORE

A mid-sized, high-growth engineering consultancy firm asked for help identifying new shared services locations in Europe and the Americas, helping them drive additional usage of the shared services offerings and being able to expand the service offerings.

Read More

A German industrial asset manufacturer running their in-house GBS successfully for over ten years has identified that their cost improvements are lagging behind the plan and that the excitement of using the GBS has declined. They asked us to identify root causes for the symptoms and propose new ways of working to bring back the excitement of GBS.

Read More

A multinational electrical distribution and services company faced inefficiencies due to multiple enterprise resource planning (ERP) systems and manual processes.

Read More

The finance organization of a vehicle manufacturer faced fragmentation due to multiple mergers and de-mergers, resistance to change, and a complex business structure.

Read More

A smaller foundry business, separated from a French-listed chemicals group, was acquired by a US-based private equity firm. The new owners aimed to establish a standalone outsourced GBS within a short timeframe under time-limited transition service agreement (TSA) arrangements.

Read More

An automotive parts supplier faced challenges due to limited enterprise resource planning (ERP) systems, lack of standardization, and scattered accounts payable (AP) and accounts receivable (AR) data.

Read More

"Genpact Consulting has been instrumental in our GBS transformation journey. Their expertise and strategic guidance have helped us achieve operational excellence and deliver exceptional value to our customers."

- Sarah Johnson, ​VP of Operations, ABC Corporation