Grant Thornton Bahrain, a leading provider of audit and advisory services, has launched its Business Process Solutions (BPS) practice to address the growing challenge of inefficient processes and skill shortages faced by businesses in Bahrain.
The move comes as a recent study reveals that nearly half (44 per cent) of employees believe their companies are hampered by inefficient processes. Grant Thornton highlights that outsourcing business processes can be a powerful tool to overcome these inefficiencies, especially when coupled with a lack of internal resources.
“Companies need to equip their workforce with the right tools and expertise to thrive,” said Damcy Dudeja, senior manager of Grant Thornton Bahrain’s BPS practice. “However, resource constraints can hinder successful process transformation. Outsourcing allows businesses to access the necessary human and technological resources to address their specific needs,” Ms Dudeja added.
This focus on resource access is particularly relevant in Bahrain, where a recent Tamkeen Skill Study report identified significant skill gaps in areas critical to business success, including digital literacy, technical expertise and communication skills. The report highlights that a staggering 58pc of companies struggle to find employees with adequate digital skills.
Grant Thornton Bahrain’s BPS services offer solutions like payroll automation and staff augmentation, empowering businesses to bridge these skill gaps and free up internal teams to focus on core competencies.
“Our new BPS service line is designed to optimise business processes, enhance efficiency, and ensure compliance,” said Jatin Karia, Senior Partner at Grant Thornton Bahrain.
“We understand the challenges businesses face and are committed to providing solutions that streamline operations and drive overall success,” Mr Karia concluded.
According to Grant Thornton Bahrain Managing Partner Jassim Abdulaal the economic landscape is constantly shifting, and successful businesses need leaders who can adapt and navigate these changes.
“By remaining alert to new trends and embracing agility, companies can build resilience and achieve sustainable growth,” Mr Abdulaal added.
avinash@gdnmedia.bh
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