NEW YORK, Sept. 27, 2019 /PRNewswire/
-- Genpact (NYSE: G), a global professional services firm
focused on delivering digital transformation, in partnership with
Deloitte, a leader in audit, consulting, tax, and advisory services
to many of the world's most admired brands, and OneSource Virtual,
a leading provider of business process services and automated
solutions for Workday, today launched GenOneTM, a
finance-as-a-service (FaaS) solution that reimagines finance
operations and helps companies enhance competitive growth.
GenOne, the first FaaS solution built around Workday Financial
Management, provides a flexible business model allowing companies
to scale and manage their finance operations. Workday and GenOne's
focused offering helps CFOs and their teams increase agility,
manage capital and finance planning more strategically, and work
more effectively with internal business partners. Workday Financial
Management unifies a full range of accounting capabilities to
provide organizations with real-time business insights, and levels
of speed and control required to meet the complex needs of today's
business landscape.
"GenOne delivers unique cost advantages, output-based pricing,
and flexible contracting," said Alison
Close, research manager, digital business operations and
analytics services, IDC, a leading industry analyst firm.
"Traditional managed services providers will be hard pressed to
compete with FaaS solutions like GenOne."
GenOne builds on key Workday benefits to help clients quickly
gain an expanded view of their business health, close cycle time,
and improve internal controls and consistency across global
operations. It also takes advantage of the Genpact Cora digital
business platform, which leverages the power of advanced
technologies such as artificial intelligence, machine learning,
robotic process automation, and dynamic workflow.
"As companies continue to pursue multiple financial
transformation journeys, they're feeling tremendous pressure to
produce quick returns," said Katie
Stein, chief strategy officer and global business leader,
Enterprise Services, Genpact. "GenOne allows CFOs to be quickly
at the forefront of continuous digital innovation and run their
finance operations with agility and flexibility."
The GenOne solution brings together Genpact's best-in-class
finance and accounting expertise and Deloitte's deep experience as
a Workday services partner.
"Today's digital economy demands that finance organizations
provide value faster, more efficiently, and with greater insights.
GenOne will create more opportunities for our clients to radically
simplify their financial processes, free up people for more
strategic activities, and upgrade their aging legacy technologies,"
said Matt Schwenderman,
principal, Deloitte Consulting, and U.S. leader of its Workday
Financial Management practice. "Bringing together the
experiences and capabilities of Genpact, OneSource Virtual, and
Deloitte to solve some of CFOs' most pressing challenges in an
innovative way is truly exciting."
The GenOne solution also leverages OneSource Virtual's patented
Workday integration technology tailored to enabling CFOs and their
teams to analyze data immediately, with relevant, contextual
financial insights. They can focus on driving strategic business
outcomes instead of spending additional time to figure out how to
pull essential information from numerous sources throughout an
enterprise.
"Working with Genpact and Deloitte has allowed us to use our
unique technology and expertise in Workday to accelerate an
organization's finance transformation," said Trey Campbell, CEO, OneSource Virtual.
Please visit Genpact's website for more information on the
GenOne solution.
About Deloitte
Deloitte refers to one or more of
Deloitte Touche Tohmatsu Limited ("DTTL"), its global network of
member firms, and their related entities. DTTL (also referred to as
"Deloitte Global") and each of its member firms are legally
separate and independent entities. DTTL does not provide services
to clients. Please see www.deloitte.com/about to learn
more.
Deloitte is a leading global provider of audit and assurance,
consulting, financial advisory, risk advisory, tax and related
services. Our network of member firms in more than 150 countries
and territories serves four out of five Fortune Global
500® companies. Learn how Deloitte's more than 286,000 people
make an impact that matters at www.deloitte.com.
About Genpact
Genpact (NYSE: G) is a global
professional services firm that makes business transformation real.
We drive digital-led innovation and digitally-enabled intelligent
operations for our clients, guided by our experience running
thousands of processes primarily for Global Fortune 500
companies. We think with design, dream in digital, and solve
problems with data and analytics. Combining our expertise in
end-to-end operations and our AI-based platform, Genpact Cora, we
focus on the details – all 90,000+ of us. From New York to
New Delhi and more than 30
countries in between, we connect every dot, reimagine every
process, and reinvent companies' ways of working. We know that
reimagining each step from start to finish creates better business
outcomes. Whatever it is, we'll be there with you – accelerating
digital transformation to create bold, lasting results – because
transformation happens here. Get to know us at Genpact.com and
on LinkedIn, Twitter, YouTube, and Facebook.
About OneSource Virtual
Founded in 2008, OneSource
Virtual is a pioneer of Business Process as a Service (BPaaS) and
supports the automated delivery, including Robotic Process as a
Service (RPaaS), of solutions exclusively using Workday software.
OneSource Virtual's services empower organizations of all sizes by
encouraging HR to become a strategic partner within the
organization, aligning to business growth and scaling by demand
through Workday deployment, consulting, and in-application payroll
administration, benefit administration and application management
services. OneSource Virtual's global headquarters is located in
Dallas, Texas, with additional
locations across North America and
Europe. For more information,
please visit http://www.onesourcevirtual.com.
For more
information:
Abby
Burton Genpact Media
Relations - Global abby.burton@genpact.com +1 678-982-5477
|
Siya
Belliappa Genpact Media
Relations - India siya.belliappa@genpact.com +91
9823133365
|
Cay
Gliebe OneSource Virtual
Media Relations Cgliebe@onesourcevirtual.com +1
404-434-2391
|
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SOURCE Genpact