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Capgemini named a Leader in Finance and Accounting Outsourcing By Everest Group

13 Mar 2018

Paris, March 13, 2018 – Capgemini today announced that it has been named a “Leader” in Everest Group’s PEAK MatrixTM on Finance and Accounting Outsourcing (FAO). The report acknowledges Capgemini for driving “significant traction in the large-client segment, leveraging its Automation Drive offering and [1]Reconciliation-as-a-Service (RaaS), along with building a bouquet of intelligent solutions with front-end tools.”

Everest Group evaluated 25 Finance and Accounting Outsourcing service providers for the report where they were assessed based on their delivery capability and market success. According to the report, “adaptability, responsiveness and collaboration” are Capgemini’s key strengths along with its “expertise and capabilities across [2]P2P, [3]O2C and [4]R2R processes.”

Aruna Jayanthi, Head of Business Services, and member of the Group Executive Committee at Capgemini said: “We are delighted to be recognized as a Leader in Everest Group’s PEAK Matrix in Finance and Accounting Outsourcing (FAO). It is a recognition of our commitment to providing clients with innovative solutions in the Finance and Accounting Outsourcing space. Our focus on digital finance operations, cyber security, insightful controllership and platforms have been some of the driving factors for meeting the complex business challenges of our clients worldwide.”

Vikas Gujral, Practice Director at Everest Group said: “Capgemini leverages its expertise across the entire F&A value chain driven by its innovative digital capabilities such as its automation drive framework and enhanced intelligent point solutions coupled with its cloud offerings, to bring impactful solutions to its clients which sets it apart as a leader in the FAO market.

About Capgemini

A global leader in consulting, technology services and digital transformation, Capgemini is at the forefront of innovation to address the entire breadth of clients’ opportunities in the evolving world of cloud, digital and platforms. Building on its strong 50-year heritage and deep industry-specific expertise, Capgemini enables organizations to realize their business ambitions through an array of services from strategy to operations. Capgemini is driven by the conviction that the business value of technology comes from and through people. It is a multicultural company of 200,000 team members in over 40 countries. The Group reported 2017 global revenues of EUR 12.8 billion.

Visit us at www.capgemini.com. People matter, results count.

[1] Capgemini’s reconciliation platform for banks and financial services companies caters to multiple lines of business including retail banking, commercial banking, and capital markets. Capgemini provides services for any frequency reconciliation across multiple types of reconciliations enabling optimization of business processes.

[2] Procure to pay

[3] Order to cash

[4] Record to report