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Everest predicts that industry-centric BPO capabilities will emerge as an opportunity for suppliers to create top-line impact for their clients and attain distinctive positioning in an increasingly competitive market.
The value chain for all industries has a set of “operational” and “corporate” functions. Operational functions are directly tied to the final goods or services that the industry produces; hence, they differ substantially across industries. Corporate functions are not directly linked to the final output but are essential for supporting the operational functions. Corporate processes are often centralized and remain largely similar across industries.
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Moving Beyond the Bottom-Line: Industry-Specific FAO Solutions
The Everest Research Institute defines industry-specific FAO offerings as involving horizontal "corporate" F&A processes integrated with elements or entire platforms of "operational" industry-specific F&A processes and activities. This research study tracks and analyzes this new development in the FAO market.
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