Companies looking to set up global capability centers in India should take steps at the outset to assure compliance with applicable anti-bribery and anti-corruption laws and standards.
The FCPA prohibits bribing or...more
Global Capability Centers (GCCs) located in India continue to evolve from labor arbitrage and cost savings initiatives to innovation centers for digital transformation, supporting cloud, mobile, data security, data analytics,...more
7/21/2023
/ Acquisitions ,
Business Formation ,
Buyouts ,
Dispute Resolution ,
Foreign Corrupt Practices Act (FCPA) ,
India ,
Joint Venture ,
Mergers ,
Outsourcing ,
Service Agreements ,
Special Economic Zones
According to The Economic Times, more than 100 multinational companies plan to set up Global Capability Centers (GCCs) in India in FY 2022. This projected growth is on top of the existing 1,300+ GCCs that generate over $33.8...more
In light of a new DOL audit initiative and increasing cybersecurity threats to ERISA benefit plans, ERISA plan sponsors and fiduciaries should be prepared to answer some important questions: Do the cybersecurity programs of...more
6/24/2021
/ 401k ,
Audits ,
Cybersecurity ,
Data Protection ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Fraud ,
Individual Retirement Account (IRA) ,
New Guidance ,
Popular ,
Retirement Plan ,
Third-Party Service Provider
The pandemic is expected to lead to a significant and sustained increase in remote working.
The shift to remote working will have major implications for end user computing solutions and services.
CIOs will need to...more
Many companies will consider selling their offshore captives/GICs in the wake of COVID-19, especially those in industries hard hit by the pandemic.
Large outsourcing vendors are interested in acquiring offshore...more
6/25/2020
/ Asset Transfer ,
Business Transfer Agreements ,
Capital Gains Tax ,
Coronavirus/COVID-19 ,
Data Privacy ,
Data Protection ,
India ,
Mergers ,
Offshore Funds ,
Outsourcing ,
Stamp Taxes ,
Technology ,
Valuation ,
Vendors
Key contractual considerations -
IT initiatives undertaken in response to COVID-19 may be large complex projects that require the assistance of a systems integrator.
Before engaging a systems integrator, CIOs should...more
Offshore captives/GICs will be significantly impacted by the pandemic, especially smaller ones and those supporting organizations in distressed industries.
Organizations can be classified as “first movers,” “middle of the...more
As customers emerge from the COVID-19 crisis and seek to reduce operational risk while enhancing digital capabilities, migration to S/4 HANA can be an opportunity to adopt newer, more resilient cloud-based technologies that...more
Agile is emerging as the prevailing methodology for software development. According to the 12th Annual State of Agile Report, a survey conducted by VersionOne and published earlier this year, 97% of respondent organizations...more
Software giant’s new pricing model attempts to address customer concerns about liability exposure due to “indirect access.”
SAP’s new pricing model is a big step forward in addressing the uncertainty and confusion relating...more
Under a newly amended law, many employers in India are required to increase paid maternity leave and offer on-site day care services; some of the new standards await clarification.
Providing crèche (day care) facilities is...more
2/23/2018
/ Child Care ,
Employee Benefits ,
Employer Liability Issues ,
India ,
International Labor Laws ,
International Tax Issues ,
Maternity Leave ,
New Amendments ,
Paid Leave ,
Paid Time Off (PTO) ,
Parental Leave ,
Wage and Hour
GICs offer advantages for exploiting big data and staying competitive.
Data is the fuel of the 21st-century economy.
Companies must manage and exploit data and digital technologies in an innovative, agile and cost...more
2/15/2018
/ Artificial Intelligence ,
Automation Systems ,
Big Data ,
Data Collection ,
E-Commerce ,
Economic Development ,
Global Economy ,
India ,
Innovative Technology ,
Internet of Things ,
Outsourcing ,
Personal Data ,
Revenue Growth ,
Risk Mitigation ,
Supply Chain ,
Third-Party Service Provider
In August 2017, the Supreme Court of India passed a judgment in the case of Justice K S Puttuswamy vs Union of India (Supreme Court of India, WRIT PETITION (CIVIL) NO 494 OF 2012), in which fundamental rights, as provided in...more
2/7/2018
/ Biometric Information ,
Citizens Rights ,
CNIL ,
Cybersecurity ,
Data Collection ,
Data Protection ,
EU ,
Extraterritoriality Rules ,
India ,
New Legislation ,
Personal Data ,
Popular ,
Privacy Rule ,
Right to Be Forgotten ,
Right to Privacy
GICs in India are evolving from cost-saving platforms into Innovation Centers for emerging digital technologies that can provide a competitive advantage.
Recent years have seen a resurgence of interest in GICs in India...more
10/20/2017
/ Analytics ,
Artificial Intelligence ,
Captive Insurance Company ,
Corporate Taxes ,
Dividends ,
Exports ,
FTEs ,
Great Recession ,
Hiring & Firing ,
Human Resources Professionals ,
India ,
Innovative Technology ,
Internet of Things ,
Joint Venture ,
Limited Liability Company (LLC) ,
OECD ,
Outsourcing ,
PLC ,
Revenue Growth ,
Service Agreements ,
Software Developers ,
Special Economic Zones ,
Taxable Distributions ,
Third-Party ,
Third-Party Service Provider ,
Vendors
On February 16, 2017, the High Court of Justice in the United Kingdom held that Diageo plc, a global drinks company, was liable for unauthorized use of SAP software as a result of failing to secure “Named User” licenses for...more
The ERISA Advisory Council1 recently announced that, as part of its goals for 2016, it will be focusing on cybersecurity issues affecting retirement plans and, in particular, the extent to which such issues relate to...more
Retirement plan sponsors face ever-evolving cyber-related threats to plan assets and participant personal information. To combat such threats, plan sponsors should proactively assess the third-party service providers’ ability...more
Software as a Service (SaaS) is growing rapidly as an alternative to licensing on-premises software for corporate customers. As reported by Forbes earlier this year, analysts are forecasting that global SaaS revenues will...more
This is the second of two postings that outline key pricing protections you should consider negotiating with licensors of ERP software to provide flexibility and predictability in managing the ongoing license and maintenance...more
The licensing and implementation of ERP software is a major long-term investment for any company. In addition to negotiating favorable upfront pricing for the software, it is important to build in pricing mechanisms that...more
Quantitative measures of supplier performance in the form of service levels are critical in any outsourcing relationship. However, they provide an incomplete picture of how well the supplier is performing and meeting the...more
Database marketing outsourcing is a strategic transaction for retailers. This type of outsourcing can facilitate the integration of diverse marketing channels e.g., web, social media, catalog and in-store sales) and enable...more
Database marketing outsourcing is a strategic transaction for retailers. This type of outsourcing can facilitate the integration of diverse marketing channels (e.g., web, social media, catalog and in-store sales) and enable...more
As noted in our previous blog postings on the subject (Applications Outsourcing Pricing - Part 1 and Applications Outsourcing Pricing - Part 2), the most prevalent model for pricing applications outsourcing services involves...more