Atos and Xerox have jointly launched a new cloud-based ‘Business Process as a Service’ (BPaaS) for streamlining finance and accounting functions.
The fully scalable service-driven offering is touted to come in ‘Source-to-Pay’, ‘Order-to-Cash’ and ‘Record-to-Report’ meeting flexible demands and workloads saving 30pc outlay.
Comprising the Xerox’s global finance and accounting capability with Atos technology and digital skills in systems integration, the pay-as-you-go cloud-based service is said a ready-to-go solution offers low upfront costs and no requirement for additional infrastructure, meaning that clients can be using the service in a matter of weeks.
Citing on the joint solution, Steve Sutton, SVP, Global Solutions at Atos said, “Our new joint offering is an excellent example of how our worldwide strategic collaboration with Xerox is bringing benefits to our clients. With this new offering, we can support those clients looking to rapidly provision a Finance & Accounting service as well as larger organisations who are seeking cost savings over and above labour arbitrage.”
John Gentry, Global President, Finance, Accounting and Payments Group, Xerox said, “The new BPaaS from Xerox and Atos provides a secure range of best practice processes which, combined with our extensive experience in providing finance and accounting transformation and delivery services, ensures that our clients will shift to a new level of cost-effectiveness and best practice.”
The fully configured technology platform leverages the advanced functionality of Oracle Enterprise Resource Planning Cloud to drive productivity, lower costs, and improve controls in the finance function.
The Atos and Xerox BPaaS offering for finance and accounting is currently available in Western Europe.