The technology sector of the country is now hiring more women than ever before for various entry-level job profiles, which in turn has boosted the hopes of a better gender-parity equation. According to a report released by National Association of Software and Services Companies (NASSCOM), women are now outnumbering men at entry-level jobs in the largely export-oriented information technology (IT) and business process management (BPM) sectors.
Information Technology (IT) today plays a major role in the success of BPM industries. For several years now, the BPM sector has collaborated with businesses to present them with a number of ways— automation, CRM platforms and economies of scale— to reduce their operational costs and build efficiency.
Traditionally when anything on Technology went wrong within an office, it was the department of Information Technology that took care of all the back office requirements. Whether it was a logging issue or a virus problem, the IT department made sure that the computer systems and servers were always up and running.
Although cost optimization is essential in every sector, currently healthcare is in focus. The medical fraternity is pulling up socks to enhance operational efficiencies and with greater accountability; the future seems to be about better financial performance. At the same time patient care is paramount.
The world of business has become more open and globalized prompting a highly competitive scenario. The competitiveness is not just external – where one company pits itself against another, it has become very much internal – where a company needs to compete within itself to continuously improve its processes, operations and functions.
A human resource (HR) department is the backbone of a company. Without their meticulous service and knowledge to control workforce, big targets can be easy to miss. Employees play a pivotal role in taking the business forward and achieving goals. Hence, it is essential to hire individuals who have skills aligned with the company’s mission and goals.
A company can never anticipate the work pressure that increases incremental costs. If they are using process metrics, there is instant business value addition. It helps going global. If smart technology is applied for smoother operations, even better. That is the best way to achieve business value using F&A services.