Intelenet Global Services (Intelenet), the leading global BPO service provider, today announced its collaboration with the Mumbai headquartered Empronc Solutions. The real time Enterprise Spend Governance solution BAZ, provided through this collaboration is a unique outsourcing opportunity using a robust spend management framework. The solution effectively streamlines the entire spend process from initiation to payment, for practically every spend area.
"The combination of world class business processes and robust Enterprise Spend process management software is an efficacious tool for the industry. The two teams have worked together for the last one year so as to make the implementation simple for the end customer and to deliver a very high degree of Spend Governance in transaction processing. This would be a SaaS offering or can be hosted at the customer end." said Ram Panickar, CFO Intelenet Global Services
The solution addresses the typical high volume transaction areas pertaining to indirect spend categories, travel, employee reimbursements, petty cash, purchases, projects and contracts. These areas experience the highest transaction volumes and paper work. They are considered to be high-risk areas for governance and productivity leakages. The software control parameters allow excellent visibility to the client, even as processing happens in an outsourced location.
“Intelenet’s reach combined with the BAZ Enterprise Product will be a big boon for the decision makers in organizations wanting to be productive, ‘greener’ and on top of their Spend Governance. The solution seamlessly integrates with any existing financial system and works well with or without an ERP deployment.” added Jayant Dwivedy, CEO, Empronc Solutions.
About Intelenet Global Services
Intelenet Global Services is a leading global third party BPO Company that delivers Business Process Outsourcing (BPO) services to Fortune 500 companies in the UK, USA, Australia, Philippines, Mauritius, Poland, Guatemala and India in industries as diverse as banking & finance, insurance, retail, telecom, healthcare, information technology, travel and hospitality. This specialized BPO expertise enables us to cost-effectively align practical solutions with specific outsourcing strategies and needs of our clients.
The Intelenet growth story involves rapid growth from just 25 employees at a single site to over 33,000 employees across 41 locations in India and overseas. Intelenet has taken rapid strides post the MBO backed by Blackstone in June 2007. It has built a robust infrastructure consisting of state–of–the–art facilities strategically located throughout globe in less than a decade, making it the second largest employer in the Indian BPO space.
About Empronc Solutions
Empronc Solutions, headquartered in Mumbai, India was incorporated in 2004 by a group of professionals. The vision has been to build an organization that would compete with the leading business solution product companies globally. BAZ is the flagship innovative product of the company, which addresses the needs of an enterprise with respect to operations, processes, compliance and workflows. The version, BAZ 2.0 is a well-established solution in the area of Spend Governance and Control and has as many as 19 modules in the market.
Empronc has successfully deployed the solutions across ten industry verticals. Empronc Products and Services are geographically spread across 2000+ locations covering a user base of more than 200,000+. The quality focus on product and service deliveries has ensured that the company operates on near 6-sigma quality standard.
"The combination of world class business processes and robust Enterprise Spend process management software is an efficacious tool for the industry. The two teams have worked together for the last one year so as to make the implementation simple for the end customer and to deliver a very high degree of Spend Governance in transaction processing. This would be a SaaS offering or can be hosted at the customer end." said Ram Panickar, CFO Intelenet Global Services
The solution addresses the typical high volume transaction areas pertaining to indirect spend categories, travel, employee reimbursements, petty cash, purchases, projects and contracts. These areas experience the highest transaction volumes and paper work. They are considered to be high-risk areas for governance and productivity leakages. The software control parameters allow excellent visibility to the client, even as processing happens in an outsourced location.
“Intelenet’s reach combined with the BAZ Enterprise Product will be a big boon for the decision makers in organizations wanting to be productive, ‘greener’ and on top of their Spend Governance. The solution seamlessly integrates with any existing financial system and works well with or without an ERP deployment.” added Jayant Dwivedy, CEO, Empronc Solutions.
About Intelenet Global Services
Intelenet Global Services is a leading global third party BPO Company that delivers Business Process Outsourcing (BPO) services to Fortune 500 companies in the UK, USA, Australia, Philippines, Mauritius, Poland, Guatemala and India in industries as diverse as banking & finance, insurance, retail, telecom, healthcare, information technology, travel and hospitality. This specialized BPO expertise enables us to cost-effectively align practical solutions with specific outsourcing strategies and needs of our clients.
The Intelenet growth story involves rapid growth from just 25 employees at a single site to over 33,000 employees across 41 locations in India and overseas. Intelenet has taken rapid strides post the MBO backed by Blackstone in June 2007. It has built a robust infrastructure consisting of state–of–the–art facilities strategically located throughout globe in less than a decade, making it the second largest employer in the Indian BPO space.
About Empronc Solutions
Empronc Solutions, headquartered in Mumbai, India was incorporated in 2004 by a group of professionals. The vision has been to build an organization that would compete with the leading business solution product companies globally. BAZ is the flagship innovative product of the company, which addresses the needs of an enterprise with respect to operations, processes, compliance and workflows. The version, BAZ 2.0 is a well-established solution in the area of Spend Governance and Control and has as many as 19 modules in the market.
Empronc has successfully deployed the solutions across ten industry verticals. Empronc Products and Services are geographically spread across 2000+ locations covering a user base of more than 200,000+. The quality focus on product and service deliveries has ensured that the company operates on near 6-sigma quality standard.
