IBM Services

Business ServiceWhether serving public sector organisations, owner managed businesses, private individuals or listed companies with overseas operations, our goal is to help our clients achieve their ambitions. Now leading organisations are taking the next step. Instead of operating numerous shared service centres and managing outsourcing vendors independently, they are implementing Global Business Services (GBS), providing integration of governance, locations and business practices to all shared services and outsourcing activities across the enterprise.

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The new Financial Accounting Standards Board (FASB) and International Financial Reporting Standards (IFRS) changes will require companies to be compliant beginning on December 15, 2018 (exact dates can be found here ). Ricoh’s Lease Administration Services helps businesses come into compliance with these new regulations. It delivers just the right combination of calculation and data management tools, automated process support, and scalable legal resources needed to find data in lease and contract documents and use it to meet compliance requirements with the new standards. At the same time, Ricoh’s data capture, aggregation, and analytical capabilities empower customers to turn their lease administration data into actionable insights to drive better business performance.

BSM software is an outgrowth of network management systems as the software tracks the performance and availability of the networks components across a data center. 4 Traditional network management systems focus on measuring and monitoring the technical metrics and trends of IT applications and infrastructure. The primary users of these systems are technicians and systems administrators in the operations organization. Although these systems enable the IT operations team to identify problem areas from a technical point-of-view for a given piece of the infrastructure, significant gaps exist in determining the business impact of a specific problem. For example, if a router and a server fail at the same time, these systems offer no way for the network operations center operator to determine which of these is more critical or which business services have been impacted by the failure of these devices.

Cash Management: Also referred to as treasury management, cash management services help businesses achieve greater efficiency in managing the cash coming into the business, or receivables; cash going out of the business, or payables; and cash on hand, or liquidity. Utilizing the latest digital technology, business banks set up specific processes for businesses that help them streamline their cash management, resulting in lower costs and more cash on hand.