EXL named a Leader in 2022 Gartner® Magic Quadrant™ for Finance and Accounting Business Process Outsourcing
The Gartner research report evaluated 14 F&A service providers according to a uniform set of criteria, placing companies into four categories: Leaders, Visionaries, Niche Players and Challengers. Gartner defines Leaders as companies that “execute well against their current vision and are well positioned for tomorrow”.
Gartner forecasts that “through 2024, finance outsourcing for artificial intelligent process technologies will rise from 6% to 40%, primarily focused on digital transformation of transactional operations.”
“As organizations look to drive sustainable and profitable growth, they are turning to the CFO function to stay ahead of a complex set of challenges that include everything from disruptive new technologies and talent shortages to global socio-economic shifts and evolving regulatory landscapes,” said
“We believe this recognition reaffirms our investment in EXL’s Digital Finance Suite, a cloud-based analytics and automation platform that supports hyper automation of critical F&A functions,” Kini added. “Our proven culture of innovation and agility combined with our deep domain expertise in F&A creates a powerful set of solutions for our customers.”
EXL currently has an overall rating of 4.7 out of 5 stars for its Finance and Accounting BPO services based on 25 reviews as of
 Gartner, “Magic Quadrant for Finance and Accounting Business Process Outsourcing”,
 Gartner Magic Quadrant Methodologies- https://www.gartner.com/en/research/methodologies/magic-quadrants-research.
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EXL (NASDAQ: EXLS) is a leading data analytics and digital operations and solutions company that partners with clients to improve business outcomes and unlock growth. By bringing together deep domain expertise with robust data, powerful analytics, cloud, artificial intelligence (“AI”) and machine learning (“ML”), we create agile, scalable solutions and execute complex operations for the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media, and retail, among others. Focused on driving faster decision-making and transforming operating models, EXL was founded on the core values of innovation, collaboration, excellence, integrity and respect. Headquartered in
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