In its comprehensive assessment of 33 finance and accounting (FAO) service providers based on their vision and capabilities and impact on the FAO market, Everest Group positioned Wipro on two PEAK Matrix® Assessments for FAO and Order-to-Cash (O2C) Services.
"Wipro has significantly strengthened its F&A transformation capabilities by developing an end-to-end orchestration platform, Intelligent Operations Management (IOP) on ServiceNow, to provide integrated operations across business functions, including F&A. Its recent investments in its offerings, such as planning-as-a-service, and tailored offerings for the private equity sector, such as alternative investment management solutions and Enterprise in a Box, have solidified its position as a Leader in Everest Group’s 2024 Finance and Accounting Outsourcing (FAO) Services PEAK Matrix® Assessment," says Vignesh Kannan, Vice President, Everest Group. "Additionally, Wipro’s deep transformation advisory capabilities and ESG services across automated ESG reporting and emissions monitoring enables it to cater to F&A clients’ holistic needs.”
“Wipro follows an industry-specific approach with a strong in-house and partnership ecosystem to drive end-to-end O2C transformation. Its continued investments to strengthen its O2C offerings by developing new O2C solutions, such as a blockchain-based hydrocarbon custody transfer solution and establishing a partnership with Conga (a revenue lifecycle management solution), have strengthened its position as a Leader in Everest Group's 2024 Order-to-Cash (O2C) Services PEAK Matrix® Assessment," says Vignesh Kannan, Vice President, Everest Group. "Additionally, Wipro’s partnership mindset, flexibility, and ability to integrate synergies across different Wipro business units are frequently appreciated by its clients."
