NEW YORK (TheStreet) -- Synnex (SNX) - Get Report makes its money helping companies make money.

The company, which reports earnings Tuesday, got a boost in the business process services sector after buyingIBM's (IBM) - Get Report customer relationship management business. Synnex helps streamline business processes to lower customers' costs of doing business.

The company operates in two segments, distribution services and global business, that help businesses improve internal processes including customer relationship strategies and systems/networks.

Earnings estimates were raised more than 6%, up from $1.43 per share, since the end of the last quarter. Estimates for the May quarter and the full-year (ending November) are higher by 1.2% and 2.4%, respectively. This implies Synnex may have more momentum to grow into 2016. Full-year 2016 estimates were also raised by almost 3% to $7.44 per share.

Aside from growing fourth-quarter revenue 25% year over year, it was equally impressive the company posted 16% organic growth in its technology solutions business. 

With operating earnings and net earnings climbing 43% and 32% year over year, respectively, the company seems to be doing the right things to generate value for shareholders.

Synnex shares are still cheap at 16 times earnings. That's a discount of five points when compared to an average P/E of 21 for companies in the S&P 500 (SPX) .

This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.