Exela’s Banking and Financial Solutions Suite Recognized by Everest Group
July 18 2019 - 11:45AM
Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA), a
location-agnostic global business process automation (“BPA”) leader
across numerous industries, continues to receive industry
recognition, as it was recently named a Major Contender in Everest
Group’s PEAK Matrix for Finance and Accounting Outsourcing (FAO)
Service Providers 2019 and Banking BPO Digital Capability Platform
(DCP) Service Providers 2019. According to Everest Group, an
industry-leading consulting and research firm focused on strategic
IT, business process, and engineering, Exela’s Banking and
Financial Solutions (BFS) suite accelerates digital transformation
through a host of solution components, across Procure-to-Pay (P2P),
Order-to-Cash (O2C) and Record-to-Report (R2R).
Exela’s comprehensive, unified BFS suite provides a fully
interoperable set of applications that can help organizations
reduce friction in workflows by eliminating siloed systems and
introducing one system of record. The suite enables financial
services companies to streamline transactions, simplify payment
processing, and offers enhanced visibility and control throughout
the revenue cycle. Everest Group noted that the flexibility in
Exela’s offering, hosted in a hybrid cloud and on-premise
environment, makes for a cost-effective, simple to adopt
solution.
“Both of these recognitions reflect how Exela’s solutions are
helping customers advance their digitization strategies in the most
secure, automated and simple way possible,” said Cisco
Liquido, Senior Vice President, Business Strategy, Americas. “The
report reflects on Exela’s leadership position in the market and
its broad portfolio of software and service solutions.”
Analyst quote from Manu Aggarwal, Practice
Director:“Much of the banking industry did not foresee the
tremendous shift in consumer behavior that occurred with the
growing prevalence of technology. Most banks ended up jumping onto
the digital bandwagon without a clearly defined vision adopting a
piece-meal approach to join the digital race. The industry needs a
more holistic approach to digital capabilities bringing together
automation, insights, and customer interaction to reap the true
benefits of digital banking. Exela’s offerings across payment
processing, robotic process automation, and business intelligence
help banks overcome their day-to-day operational challenges and
optimize costs.”
View a summary of both reports on the Exela website and visit
the Everest Group website to learn more about the PEAK Matrix
assessments.
- Finance and Accounting Outsourcing (FAO) Service Providers
2019
- Banking BPO Digital Capability Platform (DCP) Service Providers
2019
About UsExela is a business process automation
(BPA) leader, leveraging a global footprint and proprietary
technology to provide digital transformation solutions enhancing
quality, productivity, and end-user experience. With decades of
expertise operating mission-critical processes, Exela serves a
growing roster of more than 4,000 customers throughout 50
countries, including over 60% of the Fortune® 100. With
foundational technologies spanning information management, workflow
automation, and integrated communications, Exela’s software and
services include multi-industry department solution suites
addressing finance and accounting, human capital management, and
legal management, as well as industry-specific solutions for
banking, healthcare, insurance, and public sectors. Through
cloud-enabled platforms, built on a configurable stack of
automation modules, and over 22,000 employees operating in 23
countries, Exela rapidly deploys integrated technology and
operations as an end-to-end digital journey partner.
Find out more at www.exelatech.comFollow
Exela on LinkedIn
https://www.linkedin.com/company/exela-technologies/Follow
Exela on
Twitter: https://twitter.com/exelatech
Contact: Nick Rossetti, Communications ManagerE:
nick.rossetti@exelatech.com T: 203.487.5312
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