Genpact a Leader in Gartner's Magic Quadrant for Finance and Accounting Business Process Outsourcing for Sixth Consecutive Year
Analysts recognize completeness of vision and ability to execute
NEW YORK, July 16, 2015 - Genpact (NYSE: G), a global leader in designing, transforming, and running intelligent business operations, is a leader in Gartner's "Magic Quadrant for Finance and Accounting (F&A) BPO," a designation Genpact has achieved for six consecutive years. The report, published on June 18, 2015, this year evaluated 20 F&A BPO providers based on their ability to execute and completeness of vision.
Genpact continues to invest in and strengthen its F&A capabilities, including acquiring skills from the Big 4 consulting organizations and redefining services to provide a top-down strategic approach. By combining the power of consulting and re-engineering under a single umbrella, Genpact seamlessly delivers integrated solutions and services to its clients. The company's functional and industry domain expertise also forges a close partnership with CFOs to help them to rethink their business operations, drive transformation, and provide support in designing and building innovative business models. As an example, Genpact expanded its robotic process automation delivery with several key client deployments to date in 2015.
Genpact's suite of CFO services, including Global Business Services, help accelerate finance transformation and bring end-to-end value to the overall organization by leveraging a best-in-class framework—Genpact's patented Smart Enterprise Processes (SEPSM) methodology—which helps CFOs through the transformation life cycle, answering challenging questions about the role, strategy, structure, design and transition of the finance organization. The services also help organizations realize their finance transformation goals by addressing all critical dimensions of these major business transitions.
Genpact also recently expanded its Systems of Engagement™ (SOE) solutions both for horizontal functions such as F&A and for specific industry verticals such as banking and financial services, insurance, and healthcare. Genpact's SOE solutions are cloud-based, flexible, and configurable technology layers that complement a client's existing legacy information technology landscape. They address business needs related to efficiency, effectiveness, and governance, and enable rapid deployment and scalability without prohibitive upfront capital investments.
Genpact has offered F&A BPO services for more than 17 years and is the largest CFO Services group in the industry, working around the globe from more than 47 service centers in 16 countries. It has strong expertise in banking, insurance, manufacturing, consumer packaged goods, retail, high tech, life sciences, healthcare and capital markets, including a marquee client base of more than 143 comprehensive F&A BPO clients. More information can be accessed at genpact.com/home/solutions/finance-accounting.
"We are particularly encouraged that our sustained investment in strategy, design, and delivery expertise, as well as the application of digitally-powered design thinking in our F&A transformation journey work with clients, has been recognized in our relative ranking as a leader in completeness of vision," said Shantanu Ghosh, senior vice president, CFO Services and Consulting, Genpact. "Our investments in robotic automation especially demonstrate our continued commitment to deploy the latest advances in technology, which, when combined with our process experience and domain expertise, help our clients run intelligent finance operations that are able to sense, react and scale."
Genpact (NYSE: G) stands for "generating business impact." We design, transform, and run intelligent business operations including those that are complex and specific to a set of chosen industries. The result is advanced operating models that assist our clients in becoming more competitive by supporting their growth and managing cost, risk, and compliance across a range of functions such as finance and procurement, financial services account servicing, claims management, regulatory affairs, and industrial asset optimization. Our Smart Enterprise Processes (SEPSM) proprietary framework helps companies reimagine how they operate by integrating effective Systems of Engagement™, core IT, and Data-to-ActionSM Analytics. Our hundreds of long-term clients include more than one-fourth of the Fortune Global 500. We have grown to over 70,000 people in 25 countries, with key management and a corporate office in New York City. Our global critical mass doesn't dilute our flexible and collaborative approach, and our management team still drives client partnerships personally. We believe we are able to generate impact quickly because of our business domain expertise and experience running complex operations, driving our focus on what works and making transformation sustainable. Clients attribute much of our success to our unique history: behind our 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 16 years. For additional information, visit Follow Genpact on Twitter, Facebook, LinkedIn, and YouTube.
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For more information:
Gail Marold (Genpact Media Relations)
Dan Wilson (For Genpact U.S.)
Quintin Keanie (For Genpact Europe)
+44 (0)207 309 1053