Capgemini has been positioned by Gartner Inc. as a Leader in the 2024 Gartner® Magic Quadrant™ for Finance and Accounting Business Process Outsourcing (F&A BPO) for the second consecutive year.
Definition and Importance of F&A BPO
Gartner defines finance and accounting (F&A) business process outsourcing (BPO) as the use of digital F&A solutions and managed services provided by a third-party service provider. F&A BPO services offer transformation expertise and technology solutions that help finance departments transition from labor-intensive service delivery models to automation-intensive models, with hyper-automation driving the digital transformation of finance operations.
Insights from Gartner’s Report
According to the report, “More than a third of outsourcing contracts now include technology and transformation expertise for core F&A operations. Corporate controllers should use this Magic Quadrant to evaluate BPO providers’ ability to reduce processing costs while applying technology to improve process maturity.” The Magic Quadrant for Finance and Accounting Business Process Outsourcing was authored by Jan Ambergen, Geraldine Garaud, and Hilary Richards, and published on May 21, 2024.
Conclusion
Capgemini’s continued recognition as a leader highlights its commitment to delivering innovative solutions and transformative expertise in the finance and accounting sector. By leveraging advanced technology and automation, Capgemini supports its clients in achieving greater efficiency and process maturity.