WNS Collaborates with coAction.com for End-to-End, Order-to-Cash Solutions; Strengthens SAAS Based Financial Service Capability
January 20 2012 - 4:54AM
Business Wire
WNS (Holdings) Limited (WNS) (NYSE: WNS), a leading provider of
global Business Process Outsourcing (BPO) services, today announced
its collaboration with coAction.com, a leading provider of advanced
business collaboration software, to further strengthen its
capabilities in Order-to-Cash (O2C) solutions. Under the agreement,
coAction.com will support WNS in developing host and
Software-as-a-Service (SaaS) based financial solutions, to automate
the O2C financial supply chain and provide end-to-end O2C solutions
for WNS’s customers across the globe.
This alliance will further strengthen WNS’s capabilities in
providing a “one-stop-shop” technology platform to its customers
across O2C processes. This will enable WNS to offer “Best in
Class,” “Multi-Domain” and “Multi-Lingual” O2C Solutions across
various industries.
“Today, our clients want compelling and collaborated business
solutions, which give them immediate value by improving business
processes and speed-to-market solutions while reducing costs,” said
Keshav R. Murugesh, Group CEO, WNS. “WNS & coAction.com will
combine strengths to deliver valuable solutions that provide
enhanced customer service, superior data for decision making,
improved compliance and reduced risk.”
“We are pleased to join forces with WNS. coAction.com provides
an on-demand customer collaboration platform of rich business
applications, that enables users across multiple industries to
manage the entire ecommerce cycle from products to O2C leveraging
the services of the cloud,” said Jagdish Talreja, CEO –
coAction.com.
The single Web-based platform with transformational business
services will enable WNS to create a highly scalable and
platform-independent solution, which would favorably position WNS
in the O2C space. WNS will leverage coAction’s O2C platform to
provide a single platform for enterprise collaboration across O2C
processes in order to:
- Enable superior performance in terms of
cash, cost and service metrics.
- Maximizing cash flow and reduce costs;
and
- Facilitate real time control gained
through an integrated view of the processes
About WNS
WNS (Holdings) Limited (NYSE: WNS) is a leading global business
process outsourcing company. WNS offers business value to 200+
global clients by combining operational excellence with deep domain
expertise in key industry verticals including Travel, Insurance,
Banking and Financial Services, Manufacturing, Retail and Consumer
Packaged Goods, Shipping and Logistics and Healthcare and
Utilities. WNS delivers an entire spectrum of business process
outsourcing services such as finance and accounting, customer care,
technology solutions, research and analytics and industry specific
back office and front office processes. WNS has over 21,000
professionals across 23 delivery centers worldwide including Costa
Rica, India, Philippines, Romania, Sri Lanka and United Kingdom.
For more information, visit www.wns.com.
About coAction.com
coAction.com is a leading provider of business collaboration
software that automates and optimizes business processes.
coAction’s powerful and interactive collaborative environment
features a rich and easy desktop-like interface and a wide
selection of coApps that can be customized to user specifications.
coAction’s advanced collaboration solution provides strong
role-based security and an automation engine to control the
progression of items from open to close to meet today’s businesses’
collaborative needs. Users gain real time visibility into projects,
milestones and tasks and the ability to collaborate with co-workers
or customers, regardless of their global location. coAction’s
collaborative platform is delivered through the on-demand
Software-as-a-Service (SaaS) delivery model, alleviating the need
for additional IT investment or resources.
Safe Harbor Statement under the
provisions of the United States Private Securities Litigation
Reform Act of 1995
This document includes information which may constitute
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995,
the accuracy of which are necessarily subject to risks,
uncertainties, and assumptions as to future events. Factors that
could cause actual results to differ materially from those
expressed or implied are discussed in our most recent Form 20-F and
other filings with the Securities and Exchange Commission. WNS
undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events,
or otherwise.
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