Transform TMT finance operations with managed services innovation
Discover how the Technology, Media, and Telecommunications (TMT) sector is transitioning from product-centric models to performance-driven operations with the rise of managed services, including Finance as a Service (FaaS).
The TMT industry is known for its innovative spirit and fast-paced environment. However, outdated financial processes can hinder growth and efficiency. Finance as a Service (FaaS) offers a compelling solution by providing modern, scalable financial management.
Key benefits of FaaS for TMT companies
Streamline financial processes to close books faster and gain timely insights
Enhance financial reporting with advanced analytics and data management capabilities
Ensure regulatory compliance with robust financial processes and controls
Make informed decisions with real-time financial forecasting and planning.
TMT companies are increasingly adopting managed services like FaaS to drive transformation and improve performance. According to recent research, over 75% of TMT companies have adopted managed services for a business function or at scale across the enterprise. Specifically, 44% of TMT firms are using managed services for data management at scale, a key capability in FaaS.
Dive into our thinking:
What TMT executives say about managed services
By adopting FaaS, TMT companies can achieve predictable costs, faster speed to market, and improved financial management. With the potential to reduce total cost of operations by 15-45%, FaaS is an attractive solution for TMT businesses looking to drive growth and efficiency.
Unlock the potential of FaaS for your TMT business
Discover how FaaS can transform your financial operations and drive business success. Explore our managed services solutions today and learn how to:
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