Innovation Journal - Cognizant
Innovation Journal - Cognizant Innovation Journal - Cognizant
REINVENT - CONCIERGE SERVICES Expense Concierge Seamless expense report submissions. Ease of use, leading to higher employee adoption. Reduced risk exposure owing to dependence on third-party solution. Alignment with organizational environmental commitments. Reduced IT cost of ownership. Leverages storage infrastructure. Native document upload with Cognizant PeopleSoft environment. Mark Coleman, an account manager at a large vertical in Cognizant, had just received good news from his client partner. He was elated that the client had agreed to sign a multi-milliondollar contract with Cognizant that required an immediate ramp up of 500 resources. It was his first major account win after joining Cognizant. But just as he was basking in the glory of this deal, he began anticipating his new to-do list of the next steps. Based on his experience at his previous employer, he thought this could be a turbulent transition, full of mishaps and battles with logistics arrangements, on-boarding, setting up client calls and procuring hardware. As Mark was driving back to the office, he wondered how his team would manage this. Understandably, there could be many lateral hires and he imagined that on-boarding them could be a strenuous affair, with multiple form-filling exercises, photocopying and submitting of documents, getting temporary access cards, applying for permanent identification and access cards, completing bank account forms and so on. He knew all these lengthy processes could delay in kick-starting the project. Another scene flashed before him, as he remembered his former employer’s operations director complaining about the elaborate process of expense claims. He remembered the rigmarole of filling out expense forms and submitting them in the ERP 105
REINVENT - CONCIERGE SERVICES application. The payment receipts needed to be photocopied and faxed manually to a central payment processing department. When he did not get an e-mail confirmation that the fax receipts were received, he had to repeat the faxing procedure all over again. Much to his disdain, credit card payments were well past the due date by the time the expense claim was reimbursed. As Mark waited for the traffic light to change from red to green, he contemplated the task of getting the sign-offs for the current contract. Based on his experience with the previous employer, he figured he would need to research past sales deals signed with the client, review past contract values and seek appropriate approvals. The senior folks performing contract reviews were always on the move, making it difficult when they had limited connectivity. He understood more than anyone how frustrating it was to be stranded with no data or status availability just before you meet an important client to finalize next steps. “It’s going to be a bumpy road ahead,” Mark thought. He thought knowledge transition and client calls could be another issue, as they required setting up meeting rooms and videoconference capabilities. Request forms with names of locations and facilities would need to be filled out every time he wanted to schedule a video call, and with his team spread across geographies and the client on the other • One Cognizant is a bouquet of technology services that transforms the way systems-of-engagement work. • Hosts specialized applications, such as Meeting Concierge, Capital Appropriation Request Concierge, Onboarding Concierge, CRM Concierge and Expense Concierge. • Built on the principles of user experience, social design, gamification and sub-500-millisecond performance. • Social engineering principles eliminate the need for training, marketing and other change management strategies for adoption. • Top-5 winner of prestigious NASSCOM Innovation Awards 2012. • 500% productivity gain over previous systems for Cognizant associates. • Productivity gains of 21,000 person hours. • Cumulative cost savings of USD $2.9 million. 106
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REINVENT - CONCIERGE SERVICES<br />
application. The payment receipts needed to be photocopied and<br />
faxed manually to a central payment processing department. When he<br />
did not get an e-mail confirmation that the fax receipts were received,<br />
he had to repeat the faxing procedure all over again. Much to his<br />
disdain, credit card payments were well past the due date by the time<br />
the expense claim was reimbursed.<br />
As Mark waited for the traffic light to change from red to green, he<br />
contemplated the task of getting the sign-offs for the current contract.<br />
Based on his experience with the previous employer, he figured he<br />
would need to research past sales deals signed with the client, review<br />
past contract values and seek appropriate approvals. The senior folks<br />
performing contract reviews were always on the move, making it<br />
difficult when they had limited connectivity.<br />
He understood more than anyone how frustrating it was to be stranded<br />
with no data or status availability just before you meet an important<br />
client to finalize next steps. “It’s going to be a bumpy road ahead,”<br />
Mark thought.<br />
He thought knowledge transition and client calls could be another<br />
issue, as they required setting up meeting rooms and videoconference<br />
capabilities. Request forms with names of locations and facilities would<br />
need to be filled out every time he wanted to schedule a video call, and<br />
with his team spread across geographies and the client on the other<br />
• One <strong>Cognizant</strong> is a bouquet of technology services that transforms the way systems-of-engagement work.<br />
• Hosts specialized applications, such as Meeting Concierge, Capital Appropriation Request Concierge, Onboarding Concierge, CRM Concierge<br />
and Expense Concierge.<br />
• Built on the principles of user experience, social design, gamification and sub-500-millisecond performance.<br />
• Social engineering principles eliminate the need for training, marketing and other change management strategies for adoption.<br />
• Top-5 winner of prestigious NASSCOM <strong>Innovation</strong> Awards 2012.<br />
• 500% productivity gain over previous systems for <strong>Cognizant</strong> associates.<br />
• Productivity gains of 21,000 person hours.<br />
• Cumulative cost savings of USD $2.9 million.<br />
106