Everest Group names Genpact a leader in procurement

Genpact drives transformation for clients' procurement functions through its operational consulting capability, deep domain expertise, and comprehensive digital solutions, which strengthened its position as a Leader, It offers a strong ecosystem of best-of-breed procurement technology solutions, comprising targeted acquisitions and third-party partnerships to enhance user experience and improve digital transformation and talent management capabilities along with its in-house solutions, such as UXnxt – an AI/ML-based tool to evaluate user experience - cognitive buying assistant, analytics solutions, and Genome – its training and development platform. It has further augmented its source-to-contract capabilities and developed offerings covering emerging themes such as ESG and risk management.

As organizations respond to volatile global markets, strategic procurement solutions are imperative to effectively manage costs in an inflationary environment, increase business resilience, and optimize overall value from supplier relationships. With the depth and breadth of our procurement services, we are proud that Everest Group recognizes our talent upskilling initiatives that help us continuously evolve and enhance these offerings for our clients worldwide.