Genpact Positioned as a Leader in Gartner’s Magic Quadrant for Finance and Accounting BPO for Fifth Consecutive Year
Recognized for ability to execute and completeness of vision
NEW YORK, June 19, 2014 – Genpact Limited (NYSE: G), a global leader in transforming and running business processes and operations, has been positioned as a leader in the “Magic Quadrant for Finance and Accounting (F&A) BPO” by Gartner for the fifth consecutive year. The report, authored by Cathy Tornbohm and published May 28, 2014, evaluates 20 F&A BPO providers based on their ability to execute and completeness of vision.
The report states, “Leaders are performing well today, both with a clear vision of market direction and by actively building competencies to sustain their Leaders position in the market. The comprehensive F&A BPO players in this quadrant generally share superior market understanding, and they have a global client base, an extensive network of well-distributed and highly populated global delivery centers catering for multiple languages, a good balance of transactional and high-end F&A BPO delivery, and innovative well-communicated and marketed sales offerings. They have a superior understanding of client needs and of current market conditions, and they are actively building competencies to sustain their leadership position in the F&A BPO market across multiple regions”.
“We believe Genpact’s continued track record as a leader in F&A BPO services validates the success of our unique Smart Enterprise Processes (SEPSM) methodology, advanced global delivery and unique client-focused culture that drives transformation and business impact for our clients,” said Shantanu Ghosh, Senior Vice President, CFO Services and Consulting, Genpact. “We continue to build on this strong foundation with additional material investments in the CFO suite of finance transformation, Global Business Services design, and effective system-of-engagement technology”.
Genpact has been providing F&A BPO services for more than 16 years and is the largest CFO Services group in the industry with more than 21,000 professionals working around the globe from more than 44 service centers in 16 countries. It has a marquee client base of more than 130 comprehensive F&A BPO clients. Genpact has strong F&A BPO experience in banking, insurance, manufacturing, CPG, retail, high tech, life sciences, healthcare and capital markets. More information is available at genpact.com/home/solutions/finance-accounting.
To learn more about the 2014 Magic Quadrant for F&A BPO, the full report can be accessed here.
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Genpact Limited (NYSE: G) is a global leader in transforming and running business processes and operations, including those that are complex and industry-specific. Our mission is to help clients become more competitive by making their enterprises more intelligent through becoming more adaptive, innovative, globally effective and connected to their own clients. Genpact stands for Generating Impact – visible in tighter cost management as well as better management of risk, regulations and growth for hundreds of long-term clients including more than 100 of the Fortune Global 500. Our approach is distinctive – we offer an unbiased, agile combination of smarter processes, crystallized in our Smart Enterprise Processes (SEPSM) proprietary framework, along with analytics and technology, which limits upfront investments and enhances future adaptability. We have global critical mass – 65,000+ employees in 24 countries with key management and corporate offices in New York City – while remaining flexible and collaborative, and a management team that drives client partnerships personally. Our history is unique – behind our single-minded passion for process and operational excellence is the Lean and Six Sigma heritage of a former General Electric division that has served GE businesses for more than 15 years. Follow Genpact on Twitter,Facebook and LinkedIn.
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For more information:
Gail Marold (Genpact Media Relations)
Katy Culver (For Genpact U.S.)
Joanna Timmermann (For Genpact Europe)
+44 (0)207 309 1161