WNS and Transparent Group BV Enter into a Strategic Partnership to Expand the Finance & Accounting Service Portfolio
September 05 2014 - 9:00AM
Business Wire
WNS (Holdings) Limited (WNS) (NYSE:WNS), a leading provider
of global Business Process Management (BPM) services has entered
into a strategic partnership with Transparent Group BV
(Transparent), a leading provider of recovery and audit solutions.
Transparent’s solutions — focused on Accounts Payable analysis,
data enrichment, active benchmarking, and supplier analysis — will
become a part of the existing portfolio of WNS’s Finance &
Accounting (F&A) services. This partnership strengthens WNS’s
higher-end offerings in the Finance & Accounting Outsourcing
(FAO) value chain. With this partnership, Transparent and WNS set a
teaming agreement with the intention to work together towards
pursuing new business opportunities. The Transparent data mining
process will become an exclusive extra service, and provide added
value for the clients of WNS.
“In the last few years, WNS has established its presence as a
leader in the FAO domain. Our reputation in FAO is backed by our
industry-focused F&A delivery, technology-enabled solutions,
and our business process consulting approach to help transform our
clients’ business processes. With Transparent’s pioneering recovery
& audit solutions, we are adding a formal and organized layer
of analytics to our F&A suite of offerings that will provide a
competitive advantage in the F&A domain,” said Keshav R.
Murugesh, Group CEO, WNS.
“I am excited to join forces with WNS. WNS is a leading global
BPM player and recognized as a leader in the F&A outsourcing
domain. Together with WNS, we aim to build a comprehensive solution
that will exceed our achievements so far,” said Willem-Jeroen
Stevens, CEO, Transparent.
With this partnership, WNS and Transparent will collaborate to
leverage each other’s expertise and generate new business
opportunities in the F&A space. In future, this partnership
will create an outcome-based service delivery mechanism for
clients.
About WNS
WNS (Holdings) Limited (NYSE: WNS) is a leading global business
process management 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, Healthcare and Utilities.
WNS delivers an entire spectrum of business process management
services such as finance and accounting, customer care, technology
solutions, research and analytics and industry specific back office
and front office processes. As of June 30, 2014, WNS had 27,760
professionals across 34 delivery centers worldwide including China,
Costa Rica, India, Philippines, Poland, Romania, South Africa, Sri
Lanka, United Kingdom and the United States. For more information,
visit www.wns.com.
About Transparent
Through the use of proprietary and innovative software tools,
Transparent creates value out of its client’s raw data by
discovering and recovering vendor overpayments, duplicate payments,
tax credits, open credits and Unclaimed property. Transparent
deploys continuously evolving technology, best-in-class service and
international experts to optimize its clients' efficiency,
processes and financial strength.
By continuously empowering its clients to achieve their maximum
potential, Transparent has established its reputation as one of the
fastest growing global data mining and recovery audit service
providers in the industry. Transparent’s achievements have been
recognized by Deloitte twice, in the Technology Fast500™ EMEA
(2013) and Technology Fast50™ (2011).
Today Transparent has offices in several key European capitals,
USA, Mexico, South Africa and India. Founded in 2000, Transparent
has processed over $ 2,2 trillion USD in spend data to date. For
more information visit: www.transparent.eu
Safe Harbor Provision
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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Contact WNS:WNS (Holdings)
LimitedInvestors:David
MackeyCorporate SVP–Finance & Head of Investor Relations+1
(201) 942-6261david.mackey@wns.comorMedia:Archana RaghuramHead –
Corporate Communications+91 (22) 4095 2397archana.raghuram@wns.com
; pr@wns.comorContact Transparent Group
BV:Transparent Group B.V.Investors:Oscar ReitsmaGlobal
Director Strategic Alliances+31 (0)20 468 46
48oscar.reitsma@transparent.euorMedia:Kirsty van OosteroomMarketing
& Communications+31 (0)20 303 39
20kirsty.van.oosteroom@transparent.eu ;
marketing@transparent.eu
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