EXL Achieves Six Leader Placements in the "2020 ISG Provider Lens™ Financial and Accounting Outsourcing for the US and UK"
NEW YORK, July 28, 2020 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS] a leading Operations Management and Analytics company, today announced it had achieved three Leader placements in the “2020 ISG Provider Lens™ Financial and Accounting Outsourcing for the US and UK” in the categories of Finance and Accounting Consulting Services, Strategic Finance and Accounting Services, and Transactional Finance and Accounting Services in both countries. The report cited EXL’s commitment to help clients strategically transform their finance function by leveraging domain expertise and deep industry knowledge.
“We are excited by this recognition as a Leader in six categories of the ISG Provider Lens™ report,” said Narasimha Kini, Senior Vice President and Head of EXL’s Emerging and F&A businesses. “CFOs are increasingly being tasked as Chief Performance Officers for their company. At a time when cash preservation and financial liquidity are so important, CFOs today need partners who can orchestrate complex finance and accounting expertise with digital technology and analytics so they can better ensure the flexibility and resiliency of their companies.”
Said Jonathan Phillips, Senior Vice President & Geography Leader for UK & Europe, EXL, “Crises typically unlock internal resistance to change, something we have learned all too well recently. COVID-19 will require CFOs to enhance the digital fluency of their organizations to create more seamless, touchless finance operations with real-time insights to better understand the shape of recovery.”
For the report, ISG classified vendors as Leaders, Product Challengers, Market Challengers, Contenders, or Rising Stars based on their product and service offerings, as well as their position in the market. The ISG Provider Lens™ Quadrant Report is based off data collected through the ISG Research™ program, interviews with ISG advisors, service provider briefings, and analysis of publicly available market information.
The ISG report noted the following strengths for EXL:
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