ServiceSource, a Nasdaq-listed revenue lifecycle solution provider, has been able to tap on Greater KL to serve its global operations. A support centre established in Malaysia in 2010 with 30 employees has grown on the back of a high-level of performance to a current headcount of 700 employees that serves 26 global clients across the world says Gnaneswaran S, vice president of operation services for ServiceSource International Malaysia Sdn Bhd.
Revenue lifecycle management is a framework for growing and retaining revenue from existing customers. As a revenue lifecycle management solution provider, ServiceSource offers unique technological solutions that help companies with the difficult tasks of customer on-boarding, adoption, upsell and cross-sell, and retention and renewal. ServiceSource services are available in 40 languages and in 150 countries and its impressive customer base includes leading technology companies such as Avaya, SAP, Microsoft and Red Hat.
“Asia Pacific is quickly becoming a hub for global enterprise expansion. To serve our clients well and assist them in meeting their customer growth and retention targets and to offer revenue lifecycle management solutions to businesses that want to enter this market, ServiceSource needed to build its capabilities in this region by leveraging on regional expertise and language capabilities. In the Asia Pacific region, ServiceSource has offices in Greater KL, Singapore, Yokohama and the Philippines,” says Gnaneswaran.
To deliver unparalleled success for ServiceSources’ global clients and their customers, employees must be able to perform at a high level. “As a company that aims to grow the revenue of other businesses, we must be able to deliver. The B2B (business to business) industry is quickly evolving into an outcome-driven economy and revenue lifecycle management is at the forefront. So we need to innovate and deliver measureable outcomes to stay competitive. The company and our local talent is young, dynamic and open to new ideas, new ways of doing things.”
“There is no room for mediocrity when offering a service globally as there is always another company or another country that is waiting and capable of doing more and doing better. Our employees, of whom 97% are Malaysians, are well aware of the need to perform and surpass expectation and they willingly met this challenge. They have proven themselves to senior management within ServiceSource and we have been given the opportunity to do more for the company,” says Gnaneswaran.
When ServiceSource started operations in Malaysia seven years ago, they were given the mandate to provide back-office sales administrative functions known internally as operations services. Last year, a strategic decision was made globally to allow the team in Greater KL to take on sales roles. “We have been able to grow on the back of high-performing multilingual talent that are tech-savvy. This seems like a formidable task but our partnership with InvestKL has been very beneficial in addressing this need. We had an aggressive recruitment plan and had specific language proficiency requirements. We also wanted high-calibre talent that are willing to take on the challenges of working for a global company and adopt a global mind-set. InvestKL was able to connect us to the right places to look for such talent and this was a crucial step in building the team that we have today,” says Gnaneswaran.
ServiceSource Malaysia hires both fresh graduates and experienced professionals and have been able to hire talent that speak Japanese, Thai, Bahasa Indonesia, Hindi, Korean, all the Chinese dialects besides English and Bahasa Malaysia. Gnaneswaran also notes that they have also been able find people with very niche technical skills, a feat that delighted the team in the US.
The opportunity to take on a global sales function is testimony to the local talent’s capabilities, he adds. “This is an opportunity to further add value to the company and to develop the breadth and scope of the local team. In a global arena, it is crucial to stay relevant. This means that we must take up new challenges. A global sales function is definitely more demanding, as employees are required to speak eloquently in different languages as well as rationalise their proposals. Some of our employees have already requested to move into this new role and I am excited to see how much more we can do as a team,” says Gnaneswaran.
Although majority of ServiceSource’s local employees are millennials, the company has not experienced a high turnover of staff, a challenge often reported by many companies with young employees. Gnaneswaran attributes the low attrition rate to a holistic structured talent development training programme and the company’s family-like culture and approach towards working as a team.