Biztech Jan 22, 2014
Capgemini India, the provider of consulting, technology and outsourcing services, has won a contract for design and implementation of Shared Services Center (SSC) for JSW group – an $11 billion conglomerate. Capgemini has secured the mandate based on its domain expertise and successful implementations of SSC projects globally.
The new integrated platform will bring together critical functions across business units such as finance and accounts, procurement, supply chain management and human resources. The work will involve consolidation of common back office functions for group companies, standardisation of processes and functions across locations, as well as better governance and control.
Seshagiri Rao, Joint Managing Director & Group CFO, JSW Group said, “We expect Capgemini to support JSW Group in reducing costs and gaining flexibility by the implementation of a robust and scalable shared service delivery platform for JSW Steel, JSW Cement, JSW Energy and JSW Infrastructure business”.
Jayaraman, Director JSoft said, “JSW group has a vision to set up Shared Service Center (SSC) as part of its transformational journey. Through this partnership with Capgemini we are confident that we can maximise the economies of scale and efficiency that arise when different functions are brought together in an SSC. We look forward to an exciting journey ahead.”
Commenting on the partnership, Kishor Chitale, CEO Capgemini Local Business Services India and Middle East said, “We are very proud to get the mandate from JSW group as a key partner to help build a robust and scalable shared service delivery platform. Our consulting led approach and the Accelerated Solution Environment (ASE) methodology, which are proven accelerators for shared services projects, were the key drivers in winning the confidence of JSW management. Our past performance for JSW group has assured them of our ability to deliver successful results and we are confident that this contract will further strengthen this relationship.”