This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Wipro Launches Finance And Accounting Business-Process-as-a-Service In Partnership With NetSuite

Wipro Ltd. (NYSE:WIT), a leading Global Information Technology, Consulting and Outsourcing company, today announced the launch of its ‘Finance and Accounting Business-Process-as-a-Service’ (F&A BPaaS) solution for enterprises. Developed in partnership with NetSuite (NYSE:N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, Wipro’s F&A BPaaS is a comprehensive, end-to-end business process solution that can help improve business agility, user experience and process efficiency.

Wipro’s F&A BPaaS is built on the industry leading NetSuite platform, along with best-in-class Wipro process capabilities in finance and accounting. The solution empowers customers to selectively manage and control their finance and accounting processes on a standardized platform, in a 100% variabilized cost model. It also enables rapid implementation of business processes, improves compliance standards, and provides operational readiness, leading to significant cost savings.

The F&A BPaaS solution enables enterprises to manage their global F&A operations, with extensive management reporting and analytics capabilities, that would allow them to measure their current process performance and set a goal for improvement. The solution also measures and improves a set of pre-defined business outcomes.

“As enterprises renew their focus on agile finance and accounting processes, there is an intensifying need in the market for a platform that can provide end-to-end F&A solutions in an ‘as-a-service’ model. As a result, enterprises are increasingly moving to innovative cloud-based models. Leveraging Wipro’s comprehensive cloud services proficiency and business process expertise, the F&A BPaaS solution helps organizations in process harmonization, optimal organization design and change management, offering transformational benefits to our customers,” said Jeff Heenan-Jalil, Senior Vice President & Global Head, Advanced Technologies & Solutions, Wipro Ltd.

Jim McGeever, COO, NetSuite, said, “NetSuite’s unified cloud-based business management solution, along with Wipro’s strong NetSuite capabilities, operations and process management tools, provide the backbone for the F&A BPaaS Solution. Wipro's heavy investment in NetSuite, coupled with its domain expertise and process capabilities in accounting and financial management make it the ideal implementation partner for F&A BPaaS.”

In May 2013, Wipro was awarded NetSuite’s ‘BPO Partner of the Year’ for the successful F&A BPaaS implementation for Global Payments, a leading payments processing company.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,928.20 -142.20 -0.79%
S&P 500 2,089.46 -25.03 -1.18%
NASDAQ 4,939.3270 -77.6020 -1.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs