Financial Management
With the advent of digital technologies, the role of finance is evolving. Social, mobile, analytics and cloud are generating new business models at a rapid pace, resulting in greater expectations from the finance function. Finance leaders are faced with myriad challenges including managing governance, mitigating risk and ensuring compliance.
Cognizant’s breadth of global engagements across industries and proven best practices enable us to offer robust financial management solutions that help customers make better decisions and increase efficiency, while delivering maximum business value.
Supply Chain Management
Supply chains are under tremendous pressure to adapt to changes arising from increasingly complex global markets, economic fluctuations and labor issues. Technology is a strategic driver that will ensure that supply chains grounded in the power of digital capabilities like IoT and analytics will gain an edge over competition because they will be able to anticipate problems, predict outcomes and propose suitable solutions.
Cognizant helps customers unlock additional value from their supply chains by creating solutions that are tailored to meet market needs. Our supply chain strategies draw from across demand planning and forecasting, production planning, inventory planning, distribution and e-commerce. The result is reduced cost to serve, optimized inventory, increased working capital and quicker response to demand changes.
Human Capital Management
Enterprises today are seeking solutions that are focused on equal parts technology, innovation, business maturity and an organizational change management strategy. Human Capital Management (HCM) plays a crucial role in an organization’s ability to fully optimize its talent and people processes.
As a series of drivers come together to create a disruptive change in the talent landscape, Cognizant is working with its customers across domains to provide tailored HCM solutions and value additions that align with their business objectives. Our mature Oracle HCM processes are designed to make it easier and less expensive for customers to take advantage of the benefits of moving HCM to the Cloud.
We offer a complete set of HR business solutions augmented by the skills of HCM experts across Fusion applications and Taleo, PeopleSoft and EBS Applications. Our HCM Center of Excellence (CoE) leverages HR business process expertise and industry leading practices across:
- Human Resources
- Benefits
- Compensation
- Payroll
- Time and Labor
- Talent Management
- Learning Management
- Recruiting/Onboarding
Analytics and Reporting
Modern analytics and reporting platforms are being designed to meet new organizational requirements for accessibility, agility and deeper analytical insight. Businesses are looking to transition to processes that are modern, easy-to-use, fast and agile to draw deeper insights from diverse data sources.
Cognizant recognizes that analytics and reporting have become central to present-day business processes. We have developed advanced processes by leveraging social, mobile, analytics and cloud (SMAC) technologies and industry-specific best practices to provide tailored solutions to today’s demanding customers.
Governance, Risk and Compliance
Breaches in information security can be devastating to organizations. Protecting information assets is a critical part of a good governance, risk and compliance strategy as enterprises turn their attention towards risk management systems in the wake of increasing legal and regulatory requirements.
Cognizant’s governance, risk and compliance (GRC) solutions help customers with specialized assistance in areas such as financial reporting, tax, information technology, human capital and financial advisory services. Our consultants have years of industry experience that enables customers to identify, remediate, monitor, exploit and manage enterprise risks in addition to managing the utilization of people, process and technology to improve GRC effectiveness.
