Leading research firm Everest Group has named Genpact a Leader and Star Performer in Everest Group's Procurement Outsourcing – Service Provider Landscape with Services PEAK Matrix® Assessment 2021.
Measured against vision, capabilities, and market impact, the report cites Genpact for its strategic sourcing, category management, and source-to-pay capabilities, and its focus on enhancing the user experience with a unified front-end solution across source-to-pay processes. It also highlights Genpact's best-of-breed procurement technology solutions through various acquisitions, partnerships, and in-house tools, including its most recent acquisition of Enquero, a data engineering and analytics firm.
Everest Group recognized Genpact's ability to create innovative technology-enabled procurement solutions through a combination of internal talent development, acquisitions, partnerships, and in-house tools. This includes the company's upskilling, training, and development initiatives through its internal learning platform, Genome, enhancing domain and technology capabilities. Additionally, the report highlights Genpact's enhanced advanced analytics and digital transformation capabilities through its recent acquisition of Enquero, a data engineering and analytics firm known for digital transformation services.