In its comprehensive assessment of 28 finance and accounting (FAO) service providers based on their vision & capabilities and impact on the FAO market and position them on two PEAK Matrix® Assessments for FAO and Order-to-Cash (O2C) Services.
“Wipro is well positioned to drive better synergies across its digital operations & platforms, enterprise applications, consulting, and cyber security practices to offer integrated F&A services owing to its recent organizational restructuring,” said Vignesh Kannan, Vice President, Everest Group. “It has strengthened the application of its advanced analytics and AI capabilities across F&A including complex F&A areas and Enterprise Performance Management (EPM). Its continued investments in proprietary digital solutions such as Wipro HOLMES™ and Wipro ai360 and other emerging areas such as sustainability and generative AI helped it maintain its position as a Leader in Everest Group’s Finance and Accounting Outsourcing (FAO) Services PEAK Matrix® Assessment 2023."
“Wipro’s digital-first strategy to cater to end-to-end demand across the Order-to-Cash (O2C) value chain, ongoing investments in building O2C-specific cognitive use cases, and its robust partnership ecosystem with O2C-specific vendors such as High Radius, Pega, Zuora, and Esker have helped it achieve its position as a Leader in Everest Group’s Order-to-cash Outsourcing (O2C) Services PEAK Matrix® Assessment 2023,” said Vignesh Kannan, Vice President, Everest Group. “Its industry-specific solutions such as FNOL for insurance sector and Cargo Reservations, Operations, Accounting, and Management Information System (CROAMIS) for airlines sector are some its differentiators."