Intelenet® Global Services Sees Growing Demand for its F & A Services
Intelenet® Global Services increased partnership with global players across industries striving for greater efficiencies
NEW YORK, Oct. 4, 2017 /PRNewswire/ -- Growing demand for data scientists is outpacing hiring of accountants at EY, a sure sign of the industry's growing appetite for technology.[1] Auditing and accounting processors are becoming less of a burden for finance teams as they ramp up investment in new technologies.
Accurate reporting, budgeting and forecasting remains key to holistically managing a business's financial position. Finance teams and accountant roles have gone beyond the basic finance function and are integral to the overall corporate strategy.
Many financial teams have turned to automation tools to boost operational efficiency. Excess costs from human errors can be reduced by eliminating manual input of financial data in relation to payroll, tax and auditing. Time is freed up from repetitive administrative tasks toward uncovering data-driven insights from financial data to help steer the strategic direction of the business.
In the last six months, Intelenet® Global Services have experienced increasing demand for its Finance & Accounting capabilities by large players in healthcare, financial services, travel and hospitality and retail to re-engineer their internal financial processes. These large global businesses are looking to support finance teams that are designed to strategically enhance business outcomes while meeting all operational requirements.
Bhupender Singh, CEO of Intelenet® Global Services comments, "Our clients are working in fast-paced environments which is why they value us being agile and responsive to their requirements and challenges. Over the years we have built a track record of delivering operational excellence and pride ourselves in having long-term relationships with our clients.
Bhupender continues, "We assess and identify steps to holistically strengthen a business's financial management process. Through collaboration, we tailor our solutions to cater to their needs. In the last six months, we have employed 1,000 additional full-time employees to help us deliver operational efficiencies for our clients."
"Next generation technologies have redefined corporate finance. Automating the workflow process using major ERP systems such as Oracle and SAP helps consolidate information in one place but also tracks transaction history for audit trail purposes to boost operational efficiency. Streamlining the financial management process through automation allows finance teams to reduce retail losses by 50 percent through better governance and timely processes."
NOTE TO EDITORS: Live interviews with an Intelenet executive on this topic will be available in Chicago on Thursday, October 5th and in New York on Tuesday, October 10th. To book an interview, please contact Marc Weinstein at [email protected] or 908-967-9958.
About Intelenet® Global Services:
Intelenet® is a large global Business Process Outsourcing player, committed to delivering its clients' strategic goals and helping in enhancing, broadening, and deepening the relationship to add value. Backed by The Blackstone Group, a leading Global Private Equity player, with a current portfolio of clients that includes Fortune 500 companies, Intelenet® is a 55,000 people organization spread across 66 global delivery centers across USA, UK, India, Poland, and Philippines; supporting 100+ clients in over 50 languages. Intelenet® provides innovative, cutting-edge solutions supporting customers across Contact Centre solutions, F&A, HRO and IT solutions across Banking and Financial Institutions, Healthcare, Travel and Hospitality, Telecom, Retail, Manufacturing, and Information Technology (IT) verticals. Intelenet®'s range of integrated BPO services deliver transformational benefits to clients through reduced costs, ongoing productivity improvements, and process re-engineering.
For more information, please contact:
For more information, interviews or images please contact Marc Weinstein at [email protected] / 908 967 9958.
SOURCE Intelenet Global Services
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