WNS Recognized as a Leader in the IDC MarketScape for Worldwide Procurement-as-a-Service 2018 Vendor Assessment
March 23 2018 - 8:00AM
Business Wire
WNS (Holdings) Limited (NYSE: WNS), a leading provider of global
Business Process Management (BPM) services, today announced that it
has been recognized as a Leader in the IDC MarketScape for
Worldwide Procurement-as-a-Service (PaaS) 2018 Vendor Assessment
(DOC #US42630617, FEBRUARY 2018).
“WNS is delighted to be named as a Leader in the IDC MarketScape
Procurement-as-a-Service Vendor Assessment. WNS, with its recent
acquisition of Denali, a procurement solutions provider, has
pioneered the procurement-as-a-service model. The WNS-Denali model
is driven around co-creation and flexibility to drive greater
reach, efficiency and effectiveness. Rather than focusing on
creating efficiencies through transactional improvements, WNS
offers clients an unparalleled depth of expertise in category
management, strategic sourcing, complex contracting and high-impact
supplier management and training, through its effective use of
technology and analytics,” said Keshav R. Murugesh, Group CEO,
WNS.
“WNS-Denali is a Leader in the procurement space and its deep
domain expertise has helped maintain its differentiation in the
market. The service provider has been able to enhance and expand
the procurement-as-a-service model to category management,
contracting, supplier management, and compliance (procure-to-pay),
taking a unique approach to the utilization of technology solutions
in serving their clients. WNS-Denali’s depth of expertise in
category management, strategic sourcing, complex contracting, and
high-impact supplier management separates it from competitors that
focus strictly on creating efficiencies through transactional
improvements,” said Alison Close, Research Manager, Finance and
Accounting, BPaaS, and Analytics Services, IDC.
WNS has been instrumental in expanding and enhancing this model
to category management, contracting, supplier management and
compliance (procure-to-pay). WNS was ranked high in performance in
terms of functionality because of its end-to-end technology stack
on one unified technology platform, scalable and plug ‘n' play
solutions. Our offerings are customizable and our clients can
leverage more intelligent solutions with point solutions in
spend/contracting/sourcing analytics and RPA, to name a few.
WNS also performed well for the number of live BPaaS deployments
across numerous source-to-pay platform partners. In addition, WNS
received mentions for effective cost management. WNS has a
dedicated team, with a thorough understanding of processes and best
practices. Each client works with the same team members who are
committed to driving innovation and creative problem solving to
achieve aggressive targets and goals; we do not use a shared
services model – which is a huge benefit to our clients’ success.
Everything we do revolves around helping our clients
outperform.
WNS delivers high-end global sourcing and procurement solutions
to some of the world’s leading brands, across sectors. WNS works
with clients to transform their procurement function with our
end-to-end Source-to-Pay (S2P) solutions that help them benefit
from greater spend under management, sourcing savings, spend
compliance, stakeholder satisfaction and procurement operations
cost.
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an
overview of the competitive fitness of ICT (information and
communications technology) suppliers in a given market. The
research methodology utilizes a rigorous scoring methodology based
on both qualitative and quantitative criteria that results in a
single graphical illustration of each vendor’s position within a
given market. IDC MarketScape provides a clear framework in which
the product and service offerings, capabilities and strategies, and
current and future market success factors of IT and
telecommunications vendors can be meaningfully compared. The
framework also provides technology buyers with a 360-degree
assessment of the strengths and weaknesses of current and
prospective vendors.
About WNS
WNS (Holdings) Limited (NYSE: WNS), is a leading global business
process management company. WNS offers business value to 350+
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 interaction
services, technology solutions, research and analytics and industry
specific back office and front office processes. As of December 31,
2017, WNS had 35,657 professionals across 53 delivery centers
worldwide including China, Costa Rica, India, Philippines, Poland,
Romania, South Africa, Sri Lanka, Turkey, United Kingdom and the
United States. For more information, visit www.wns.com.
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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WNS (Holdings) LimitedDavid Mackey, +1 (201)
942-6261Corporate SVP–Finance & Head of Investor
Relationsdavid.mackey@wns.comorArchana Raghuram, +91 (22)
4095 2397Global Head – Marketing &
Communicationsarchana.raghuram@wns.com ; pr@wns.com
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