Genpact Named a Leader in Procurement Services in IDC MarketScape Report
New York, NY, USA, May, 2018 -- Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, was recently named a leader in procurement services by IDC MarketScape.
The report, IDC MarketScape: Worldwide Procurement as a Service 2018 Vendor Assessment (doc #US42630617, February 2018) highlights Genpact’s use of digital technologies across the procurement value chain, including its artificial intelligence (AI)-based Genpact Cora platform. IDC also cites Genpact’s advanced analytics which help clients quickly drive smarter, more strategic business decisions that contribute to growth.
"Genpact’s clients stress its advanced technologies, robust analytics capabilities and tools, and deep process and domain expertise as reasons why they view Genpact as a strategic partner to speed transformation that directly support companies’ business goals," said Alison Close, leader of IDC’s Worldwide Finance and Accounting, BPaaS, and Analytics Services practice. "Genpact also stands out among its peers specifically for its full-time dedicated resources in its worldwide procurement services practice."
"Companies now demand more strategic value from their procurement operations to drive growth – process and cost efficiencies are just table stakes," said Shantanu Ghosh, business leader, CFO and Transformation Services at Genpact. "We continue to invest in our digital and analytics capabilities to ensure our clients have access to the best insights so they can make fast market decisions. Our approach drives holistic transformation of procurement organizations across the front, middle, and back offices for optimal business impact throughout the enterprise."
Posted by Veronica Silva Cusi, news correspondent
Date Posted: Monday, May 21, 2018
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