Genpact has been named as the leader of the finance and accounting (F&A) service by HfS Research.
HfS recognized Genpact in the leading spot for innovation in the 2017 Blueprint Report for Finance and Accounting as-a-Service, marking the fourth year in a row that Genpact has been in the Winner’s Circle. The report evaluates 19 firms as recognized by client feedback and HfS analysis in terms of market size, trends, and strategic direction, with a specific focus on innovation and execution.
The HfS report cites how finance executives now look beyond efficiency benefits and are increasingly focusing on using digital technologies like artificial intelligence (AI) to transform their F&A operations. HfS specifically cites Genpact’s significant investments in AI and robotic process automation (RPA) as among the reasons for the Winner’s Circle ranking. The report also calls out the AI-based Genpact Cora platform, the acquisitions of Rage Frameworksand Tandem Seven, and ongoing momentum in analytics capabilities in financial planning and analysis (FP&A).
“In addition to its landmark acquisitions of Rage and TandemSeven, and other investments in digital technology and talent, Genpact has earned a leading position in our Winner’s Circle for collaborating with clients and partners to transform the finance function,” said Barbra McGann, executive vice president, business operations, HfS Research. “What stands out to us is the results that come from commitment, forward-thinking, and effectiveness of a ‘true partnership’ between clients and the firm.”
“Our top ranking from HfS recognizes Genpact’s vision and execution on innovation, and equally important, our ability to deliver impactful results,” said Shantanu Ghosh, senior vice president and business leader, CFO and Transformation Services, Genpact. “Our domain expertise, coupled with our sustained focus and investment in advanced digital technologies, creates disruptive value for our clients. We are passionate about our ‘say-do’ ratio, which in today’s rapid pace of change is critical, yet often compromised by hype.”
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